Union Investment, a German-based fund manager company, has acquired 5 Hanover Quay.
In a statement on Monday the 12th, the German fund manager, who also own 4 and 5 Grand Canal Square, said it had acquired the newly-built, fully let office property in Dublin’s growing south Docklands for “just over €190 million”.
Five Hanover Quay comprises 14,864 sq m of office space distributed across seven floors. Tenants include technology company DocuSign and Aptiv, a global auto parts company.
Five Hanover Quay is located overlooking Grand Canal Square, and within a five-minute walk of the five-star Marker Hotel, as well as a wide selection of coffee shops, restaurants, and convenience stores.
