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Bank offers €8m to buy Anglo HQ

THE Central Bank is ready to fork out almost €8m for the half-built Anglo HQ on the quays.

The half-completed eyesore office block has been a stark reminder of the property mania that gripped the country.

The bank is planning to buy the building on North Wall Quay from the National Asset Management Agency, according to a Bloomberg report.

The champions of mortgage-lending in the property boom, Anglo had planned to use the tower as its headquarters before it collapsed.

The site and building had once been valued at €250m.

The building was constructed by Liam Carroll, one of the country's biggest developers. A Central Bank spokesman said nothing has been finalised.

"We don't comment on the specifics of individual negotiations,'' he added. A representative for NAMA has outlined that it was positive about a deal with a potential buyer.

"We don't comment on speculation about individual transactions, but we've previously indicated that we are optimistic that we will secure a satisfactory deal in respect of this property in the medium term and that remains our position," he said.

It remains unclear what will now happen to the Central Bank building on Dame Street.