Blackstone set to acquire stakes in two prime Dublin offices

Us personal fairness large blackstone has indicated its purpose to gather a majority hobby in of dublin’s main workplace assets. The company has notified the competition and purchaser safety commission (ccpc) of its purpose to purchase the stakes held by using every other foremost us property investor, colony capital, in the burlington plaza office complex on burlington street and the headquarters of three eire on sir john rogerson’s quay. The properties are worth €204 million and €a hundred and twenty million respectively. Colony ought to potentially secure up to €153 million from the sale of its three-region interest in burlington plaza and a further €86 million for its 72 per cent interest in three ireland’s headquarters.

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