CHQ building sells for €10m

The landmark CHQ building in the IFSC was sold by the Dublin Docklands Development Authority yesterday as it was revealed that over €100m of commercial property has changed hands in Ireland each month so far this year.

Neville Isdell, the former Coca-Cola chairman, bought the building for just over €10m. He said his team will be evaluating and developing “a number of ideas over the coming months” aimed at establishing “a new distinctive destination location for Dublin”.

“Initially our focus will be to make some demonstrable improvements within the building as we work through the plan to recreate CHQ,” he said.