Webworks building makes over €16m

There’s a sale agreed, at over €16 million, of the 43,000 sq ft Webworks building, next to Cork City Hall and the Elysian. It’s understood to be to a European fund, after considerable interest was shown in the fully occupied building, where an expected 2019 rental uplift fuelled investor demand.

Webworks building makes over €16m

By Tommy Barker

There’s a sale agreed, at over €16 million, of the 43,000 sq ft Webworks building, next to Cork City Hall and the Elysian. It’s understood to be to a European fund, after considerable interest was shown in the fully occupied building, where an expected 2019 rental uplift fuelled investor demand.

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