German fund makes Irish debut with One Grand Parade purchase

The eye-catching glass structure was built in 2007, replacing a 1970s building

Quadoro Doric has bought One Grand Parade, Dublin 6 for over €23 million

German fund Quadoro Doric has acquired its first Irish property: One Grand Parade in Dublin 6, for in excess of €23 million, two years after Credit Suisse purchased the six-storey office block for €18.1 million, an increase of in excess of 27 per cent.

The eye-catching glass structure was built in 2007, replacing a 1970s building. The following year the recession hit and eventually, One Grand Parade entered Nama’s stable of assets and ...