Iconic Dublin building One Spencer Dock sells for €242m

One of Dublin’s most eye-catching buildings has sold for €242m in what is being described as one of the most high-profile office investment sales to occur here.

Joint receivers Luke Charleton and David Hughes confirmed the sale of One Spencer Dock to AGC Equity Partners Ltd. The 21,000sq m office block was sold by joint selling agents Savills and CBRE on behalf of the receivers and Davy Real Estate.

One Spencer Dock, which was developed by Treasury Holdings in 2007 and was designed by Scott Tallon Walker architects, is fully occupied by professional services firm PwC. It has made it its Irish headquarters and employs 1,800 people there.