Central Bank completes sales process of Dame Street premises

The Central Bank of Ireland has completed the sale of its Dame Street premises to Hines and Peterson Group (Hong Kong).  

The sale price for the portfolio is in the region of €67,000,000.  The portfolio includes the Tower Building and Commercial Buildings; 9 College Green and 6-8 College Green.

The Central Bank will remain in the buildings as the move to the new Dockland Campus continues. The move of all staff to the new premises will be completed in the first quarter of 2017.  

Notes:

Further information about the North Wall Quay development can be found here.

Any proceeds arising from this sale will, as with all of the Central Bank of Ireland’s profits, form part of the calculation of the Central Bank’s annual distribution to the Exchequer.