Tuesday 17 September 2019

Sold: Central Bank to buy two massive buildings beside HQ

Central Bank, left, and new Dublin Landings project
Central Bank, left, and new Dublin Landings project
Gavin McLoughlin

Gavin McLoughlin

The Central Bank has agreed to buy two buildings under construction at the Dublin Landings development, adjacent to its headquarters on Dublin's North Wall Quay.

It will sell a property at nearby Spencer Dock on foot of the deal. The bank said the purchase "will secure the organisation's long term accommodation needs". It has the best part of 2,000 employees.

It said the deal would provide "additional expansion capacity", adding: "Necessary modifications will be made to ensure the campus fulfils the Central Bank's future needs and allow for the optimal working environment."

Dublin Landings - seen to the right of the Central Bank in an artist's impression - is being developed by Sean Mulryan's Ballymore in partnership with Oxley. It also includes 268 apartments, expected to be bought by a single large landlord.

Irish Independent

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