Built by Cramptons, the building was purchased by McGarrell Reilly Group in 2006. Goldman Sachs, Apollo, Blackstone, Tristan Capital, Avestus and developer Shane Whelan's Westridge Real Estate. The Watermarque Building is a prominent building on the corner of Bridge Steet and South Lotts Road in a Dublin 4, providing high quality new office accommodation. Having considered the approach, Starwood opted to offer the portfolio to a select number of national and international investors through CBRE and Eastdil Secured. Starwood’s decision to dispose of the Cedar portfolio is understood to have been prompted by an unsolicited approach from Iput earlier this year, which placed an indicative value of about €555 million on the assets. Built by Garrett Kelleher's Shelbourne Developments, the property extends to 102,485sq ft and is occupied by several blue chip tenants including Maples, Avoca (KKR), Hedge Serve and Cantor Fitzgerald.
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High-profile propertyĪrguably the most high-profile property included in Starwood's sale however is 75 St Stephen's Green. Find popular and cheap hotels near The Watermarque Building in Dublin with real guest reviews and ratings.
The watermarque building dublin code#
Address (or lat,long), : The Postal Code for that location seems to be. It is understood the building has been ascribed a value of about €200 million for the purposes of the sale. Postal code of The Watermarque Building., south lotts road dublin, ireland, ireland. Developed by Seán Reilly’s McGarrell Reilly, the Charlemont Street property extends to 220,938sq ft and is generating €10.44 million – or 36 per cent of the portfolio’s rent – from tenants which include WeWork, Mercer and the OPW. Iveagh Court is the portfolio’s biggest asset by size and rent.
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