Goldman Sachs, Apollo, Blackstone, Tristan Capital, Avestus and developer Shane Whelan's Westridge Real Estate. 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. High-profile propertyĪrguably the most high-profile property included in Starwood's sale however is 75 St Stephen's Green. It is understood the building has been ascribed a value of about €200 million for the purposes of the sale. 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. RIPE person: Eoin Hession address: The Watermarque Building South Lotts Road, Ringsend address: 4 address: Dublin address: IRELAND phone: +14157280000.
#The watermarque building ireland download#
It comprises a number of landmark office properties, including the Watermarque building, 75 St Stephen’s Green, Iveagh Court, Marsh House, 29-31 Adelaide Road, and 1 and 2 Parkgate Street.ĭistributed across Dublin’s central business district, the properties comprise 600,737sq ft of office accommodation and 45 residential units. Download this stock image: The Watermarque building former Airbnb hq and home to betfair dublin and the times and sunday times ireland edition Republic of. The Cedar portfolio was offered for sale by Starwood through CBRE and Eastdil Secured in September. News of the deal will come as a surprise to many within the property industry, as it had been reported recently that Starwood had rowed back on its decision to sell. The CCPC was informed of Blackstone's bid to acquire the Cedar portfolio from another major US real estate firm, Starwood, in a formal merger notification on Thursday.
The company has notified the Competition and Consumer Protection Commission (CCPC) of its intention.
#The watermarque building ireland registration#
PFIZER SERVICE COMPANY IRELAND UNLIMITED COMPANY’s registration number is IE167647, and the company’s principal business activity is S. It comprises a number of landmark office properties, including the Watermarque building, 75 St Stephen’s Green, Iveagh Court, Marsh House, 29-31 Adelaide Road, and 1 and 2 Parkgate Street. The company started trading on 11 December 1990 and their status is listed as Active. US private equity giant Blackstone has indicated its intention to acquire a portfolio of five prime Dublin office assets with an indicative value of €535 million. PFIZER SERVICE COMPANY IRELAND UNLIMITED COMPANY is a Private limited company (Ltd.) company based at THE WATERMARQUE BUILDING, Ireland and has 852 employees.
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