Tuesday October 20, 2020

Sale of BoI HQ to net about €200m

The sale of Bank of Ireland headquarters on Baggot Street in Dublin 4is expected to raise at least €200 million for the bank’s pension fund, Salix.

17th June, 2006

Tenders for the sale of the building, which had a guide price of €150 million, closed last week.

A number of property developers have formed consortiums in an attempt to buy the building.

A purchase price of €200 million would represent a yield of less than 3 per cent. But bidders are expected to be willing to pay that because the building is let to the bank at a rent that is about 25 per...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader



Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.



€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.




90 Day Pass

You can cancel any time.

2 Yearly



Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 9 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago