Growing appetite for sale and leaseback options for property occupiers in Dublin

Growing appetite for sale and leaseback options for property occupiers in Dublin
Google’s Montevetro Building in Dublin’s docklands

With investor demand strong, potential exists for the government to raise plenty of cash through the sale and leaseback of some of its buildings

Over the last number of years, the Dublin office market has attracted many CBD owner-occupiers. These may have looked to rent but committed to own their building, either due to low capital values or to ensure the supply of expansion space for their operations.

Google, for example, is now the biggest single employer in the “Silicon Docks” in Dublin 2 and the multinational’s acquisitions include a raft of buildings on Barrow Street, including the Montevetro...

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