Eagle Street Partners Acquires Prime Dublin Offices
Eagle Street Partners (“Eagle Street”, or “the Company”), the pan-European real estate investment and asset manager, has today announced its acquisition of two prominent, fully-let blocks at Richview Office Park in Clonskeagh, Dublin 6. Combined, the blocks total more than 61,000 sq. ft. over three floors and represent some of the most desirable workplaces in South Dublin. Eagle Street purchased the office blocks off market.
The offices enjoy excellent transport connectivity, with Dublin City Centre only 4km away and the Luas green line and Dublin Bus stops within short walking distance and benefits from 150 car parking spaces.
This follows Eagle Street’s recent acquisition of 310 St Vincent Street, a landmark Glasgow office building which has a prime location in the city’s Central Business District. The Glasgow site consists of almost 70,000 sq ft of commercial space arranged over basement, ground and nine upper levels and was extensively refurbished in 2017 to stunning Grade A office space.
Commenting on the transactions, Eagle Street CEO Shane Scully said: “Since inception in late 2020, Eagle Street has committed €150 million in invested capital towards offices, hospitality, and residential development real estate projects in the UK and Ireland. The properties at Richview Office Park adjoin UCD Sports and University Campus and interconnect with Founders District & Beech Hill business parks, highlighting the location as a major South Dublin employment hub and emerging area for life sciences. It builds on our earlier purchase at St Vincent Street in Glasgow as we continue to implement our pan-European business strategy across our verticals and take advantage of our ability to execute attractive investments off market.”
Given the momentum since inception, and the strong backing from its institutional partners, Eagle Street is actively seeking new investment opportunities in the UK and Ireland and is keen to build on its reputation for providing transaction certainty to vendors. Its office acquisitions so far total over 350,000 sq. ft and include tenants such as GlaxoSmithKline PLC, Accenture, and Hertz Europe.
Notes to Editors:
About Eagle Street
Founded in December 2020, Eagle Street is a pan-European real estate investment and asset manager with offices in Jersey, Dublin, London, and Luxembourg. It is focused primarily on the UK and Ireland, and other select European markets.
Eagle Street acquires, develops, refurbishes and manages real estate assets and portfolios in its target markets. The business invests across commercial property, residential, hospitality and life sciences.
Eagle Street was founded by Justin Bickle and Shane Scully and is owned by its two founders and backed by an institutional investor. Since inception, Eagle Street has grown its team to 12 professionals, with offices in Jersey, Dublin, London, and Luxembourg. For more details, please see www.eaglestreet.com
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