LinkedIn office sold to US firm


US investment firm Kennedy Wilson has bought LinkedIn's Dublin office in a deal worth €45m.

In a statement, Kennedy Wilson said it had taken Gardner House in Dublin 2 in an off-market transaction.

The firm bought the loans related to the property last November. Kennedy Wilson is believed to have bought the office block from a consortium of individuals who paid €82m for it during the boom. The social networking company's lease is unaffected by the deal.