We have advised French real estate investment company Corum Eurion on its acquisition of George's Quay House, a prime office development located at the gateway of Dublin's central business district.
Home to Fidelity, WeWork and The Citizens Information Board, the over 100,000 sq. ft building spans across five floors of office accommodation and a basement car park. There are upgrades planned to improve the energy rating of the building in line with Corum's ESG objectives over the coming months.
Partner Órlaith Molloy in the Real Estate team, who led on the transaction said: "I am delighted to have worked with Corum on this transaction. Corum, through its various funds, has several hundred million euro worth of assets under management across different sectors in Ireland. This acquisition demonstrates their continued strong confidence in the Irish real estate market. Congratulations to all on the Corum team on the addition of this great property to the portfolio."
Mélanie Ballu, Investment Director at Corum Eurion added: "It's been great to count on Taylor Wessing's robust support on our purchase of George's Quay House. The quick turnaround of the team and in-depth expertise navigating this high-value and complex transaction was very impressive. We look forward to working again together."