Friday April 3, 2020

Velasco offices sold to Irish Life for €58m

Signature development overlooking Grand Canal is still under construction

11th December, 2016
A computer-generated image of the Velasco office building in Dublin 2

Ardstone Capital and Dublin’s IFSC developer Hardwicke have sold Velasco – their signature office development under construction – to Irish Life in a deal believed to be worth about €58 million.

The modern, eight-storey, Grade-A building sits on the site of the former Kestrel House on a corner site overlooking the Grand Canal at the junction of Clanwilliam Place and Grand Canal Street in Dublin 2. Ardstone acquired Kestrel for a little over...

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