Hotel Mooted For 'Iconic' Central Bank's Dame Street HQ

By Publications Checkout
Hotel Mooted For 'Iconic' Central Bank's Dame Street HQ

With the biggest names in the global hotel industry continuing to eye up Dublin for acquisitions, news that the sale of the Central Bank's iconic Dame Street headquarters, and other associated properties, is to press ahead will surely have piqued their interest.

Estate agents Lisney have launched the sale and expect bidding to be in the region of €65m for the Sam Stephenson-designed Central Bank building, and bids in the region of €2m and €14m to be made for nearby Lots 2 and 3 respectively, reports the Irish Independent.

Interestingly, there are no asking prices for the properties which are likely to attract sizeable interest given their central location, with potential purchasers said to be likely to consider a conversion into a hotel as a possibility.

Another option which may be considered by potential purchasers is conversion into a hotel.

 Lisney believes that a single buyer could secure all three lots for in around the €80m he anticipates will be achieved from the sale.

The properties include the majority of a city block bounded by College Green and Dame Street to the south, Cope Street to the north, Anglesea Street to the east and Upper Fownes Street to the west.