Oxley sells Dublin Landings property for $173.7m

This is the last of the five Dublin landings assets to be sold by the company.

Property developer Oxley Holdings (Oxley), through its wholly-owned subsidiary, Oxley Docklands Quay Two Limited, has entered into a memorandum of agreement with Ireland-based real estate investment firm, IPUT PLC to sell its No. 3 Dublin Landings property for about $173.7m (EUR115.0m), announced the company. Oxley will be entitled to 77.8% of the sale proceeds whilst National Asset North Quays DAC is set to receive the balance.

No. 3 Dublin Landings is one of the five commercial buildings developed by Oxley at the Irish capital’s commercial centre, Dublin Landings. All the other four commercial buildings have already been sold, where Dublin Landings is now home to Central Bank of Ireland and an office space that has been leased to WeWork.

Oxley’s next project is a 2-hectare at Dublin’s railway station, Connolly Station, where the company is set to develop a 1 million sqft mixed-use development.