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...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

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

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

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 | 3 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 | 4 years ago