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Irish Life sell Dublin office block for â¬164m
Written by Robert McHugh, on 4th Jun 2021. Posted in Property
It was announced today that Irish Life Investment Managers has completed the sale of Block A, Riverside IV in Dublin – a prime office building located in Dublin’s south docklands – to German investor Deka Immobilien Investment GmbH for a price in the region of €164 million. The sale was handled by property advisor, Savills.
The building was originally designed by RKD Architects and developed in 2007. The building is fully occupied by Matheson, Ireland’s largest law firm, who committed to a new long-term lease in April 2020. Riverside IV is situated in a prime waterfront position in Dublin’s South Docklands with over 65 metres frontage to the River Liffey.
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