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Fitzwilliam Place, Dublin, ...

Updated Dec 21, 2023

Tikehau Capital Acquires Office Building In Dublin 2 From Henderson Park For €30.35M
SOLDOffice

Tikehau Capital Acquires Office Building In Dublin 2 From Henderson Park For €30.35M

Fitzwilliam Place, Dublin, Dublin D02, Ireland

$30,350,000

Building Size

Asset Type

Office

Closing

Mar 1, 2022

About this deal

AI

Fitzwilliam Hall, located at Fitzwilliam Pl, Dublin 2, Ireland, has been sold for a purchase price of €30,350,000. The office property was acquired by Tikehau Capital from the seller, Henderson Park. The transaction took place on 03/02/2022.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: €30,350,000
  • Vendor: Henderson Park
  • Purchaser: Tikehau Capital
  • Vendor's Representative: Eastdil Secured
  • Purchaser's Representative: BNP Paribas Real Estate

Tikehau Capital, represented by their broker BNP Paribas Real Estate, successfully acquired the office property located at Fitzwilliam Hall. The sale was facilitated by Eastdil Secured, who acted as the broker for Henderson Park. This transaction marks an important deal in the Dublin 2 area.

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Dublin Office Market Snapshot

Boundary boundary · Office · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.52%

Cash-on-Cash

-0.15%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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