Pair of office investments in strong Sandyford market

Pair of office investments in strong Sandyford market View Gallery
Mercury House in Sandyford, Co Dublin: on the market for 3.2 million

CBRE guiding €11 million for Ravenscourt House

Two office investments at the adjoining Ravenscourt and Mercury developments in the Sandyford business district in Dublin 18 have come to the market through CBRE.

The firm is guiding €11 million for Ravenscourt House, which equates to a net initial yield of 6.58 per cent with one section vacant. Mercury House, meanwhile, has a €3.2 million price tag, which provides a net initial yield of 9.3 per cent.

Together, the two properties will provide a potential purchaser with a net...

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