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Held

Commercial unit

Ground-floor commercial space bought below replacement cost, fitted out and let on a long lease.

Commercial unit, Dublin 2
Location
Dublin 2
Type
Commercial
Acquired
2023
Works
Fit-out
Status
Held

A ground-floor commercial unit in a well-located building, bought below replacement cost at a point when comparable space was not moving.

We fitted it out to a standard a tenant could take on directly rather than leaving it as a shell, which brought a longer lease and a better covenant than the alternative.

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