Acquisition of 43 Fitzwilliam Square
Acquired for a private client. 4 storey Georgian over garden level with 10 car parking spaces to the rear. Based on the West side of Ireland's most exclusive address, Fitzwilliam Square.
Investi appointed on Merchants Quay portfolio
Investi have been appointed Asset Managers to the fantastic, recently transacted, city centre portfolio of offices and multi storey car park on Merchants Quay.
18/19 College Green Acquisition - €4.65m
Acquired by Investi for a private client. This is a high profile, mixed-use building. Tenants include Tesco and IT Solutions.
We anticipate good capital appreciation based on:
- The Dublin City 2016-2022 plan to pedestrianise this street.
- The retail and office space is currently substantially under-rented.
- The are refurbishment opportunities on the upper floors, which have the potential to add value.
We anticipate good capital appreciation based on:
- The Dublin City 2016-2022 plan to pedestrianise this street.
- The retail and office space is currently substantially under-rented.
- The are refurbishment opportunities on the upper floors, which have the potential to add value.
Burton Court - Acquisition - €7m - Feb 2018
OFFICE INVESTMENT - Arena & Trigon House, Sandyford
OFFICE INVESTMENT PORTFOLIO - NOV 2017 - Arena House and Trigon House, Sandyford. Investi are proud to have secured this commercial investment for a private client. The holding consists of two office blocks together with 160 car parking spaces. Total lettable area is in excess of 65,000 sq ft with 5 commercial tenancies. Average passing rents for the entire sit below current market levels allowing for significant rental and capital value growth. Investi will asset manage the investment on behalf of the client.
Rockfield Central, Dundrum
OFFICE and RETAIL INVESTMENT PORTFOLIO - Rockfield Central Dundrum. €16.6m - AUG 2017 Investi are proud to have secured this mixed commercial investment for our client The Mac Group. The holding consists of two office blocks and a retail plaza together with a 500 space underground carpark partly let to to TII. Total lettable area is in excess of 75,000 sq ft with 26 commercial tenancies. Average passing rents for the entire at acquisition sit less than €17 per sq ft allowing for significant rental and capital value growth. Investi will Asset Manage the investment for our client. Valuation update Feb 2018 -€19.5m NOV 2017 - update - terms agreed on vacant space at €30 per sq ft.
Fumbally Square Development
Fumbally Square "One of the finest examples of infill development in the City" . Dublin City Council.
Our expertise: Identifying the site potential and obtaining the correct planning for the market. Subsequently constructing and successfully leasing 100% of the space (Including two Govt. tenants), Illustrates our vision, ability and commitment to see a project through from inception to financial success.
Our expertise: Identifying the site potential and obtaining the correct planning for the market. Subsequently constructing and successfully leasing 100% of the space (Including two Govt. tenants), Illustrates our vision, ability and commitment to see a project through from inception to financial success.
Bank of Ireland Investments
25 year leases and 5 yearly rental uplifts and attractive lease terms for the investor. Client advise, site acquisition, lease negotiation, construction, sale.
Antwerp Portfolio
This portfolio in Antwerp consisted of a total of 8 office blocks comprising some 700,000 sq foot and 900 car parking spaces.
When we acquired this portfolio the average rent was under €9 per sq foot - at a time when similar stock, in comparable locations in Dublin, was renting at €35 per sq foot. Acquisition and management. Deal size €68m
When we acquired this portfolio the average rent was under €9 per sq foot - at a time when similar stock, in comparable locations in Dublin, was renting at €35 per sq foot. Acquisition and management. Deal size €68m
Prague
We identified the capital of the Czech Republic as a future prime commercial hub in Europe and invested early in this market resulting in significant returns on equity. Capital values were lower than reinstatement values which provided the opportunity to acquire prime stock at values below levels the market could afford to produce new stock - Deal size €50m growing in value to €70 in 24 months.
New York - Citibank Portfolio
Acquisition of 47 Citibank branches in New York State. Deal size US $80 million.
This was a relatively dry investment structured as a standard sale and leaseback deal.
Some of the investment branches sit on over 1 acre of land with substantial redevelopment potential. All 47 branches are in hand picked locations in Queens, New Jersey, Staten Island, The Bronx, Manhattan, Long Island, Westchester.
This was a relatively dry investment structured as a standard sale and leaseback deal.
Some of the investment branches sit on over 1 acre of land with substantial redevelopment potential. All 47 branches are in hand picked locations in Queens, New Jersey, Staten Island, The Bronx, Manhattan, Long Island, Westchester.
