Kennedy Wilson has sold two office blocks in Dublin to Google.
It is understood the offices, South Bank House and the Warehouse, have been sold for a combined €90m.
Situated on Barrow Street in Dublin’s South Docks, South Bank House was completed in 2006 and provides more than 62,000 sq ft in space.
The Warehouse sits on the waterfront to the rear of South Bank House and comprises a 19th-century, three-storey warehouse building over 19,500 sq ft. Ut has been extensively refurbished to provide modern office space.
Both assets are leased in their entirety to Mason Hayes and Curran, a Dublin law firm with offices in London, New York and San Francisco.
The two properties were acquired by Kennedy Wilson in July 2013 and sit adjacent to Boland’s Quay, a mixed-use development due to complete in Q1 2020, which was also acquired by Google in May 2018.
Alison Rohan, head of Ireland, Kennedy Wilson Europe, said: “Strong execution of value-enhancing asset management initiatives across both South Bank House and the Warehouse, alongside the thriving redevelopment of the Barrow Street area, have culminated in this successful sale.
Joe Borrett, director of real estate and construction of Google, added: “Google continues to be committed to Ireland and our real estate presence and portfolio continues to grow to meet the needs of our business.”
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