US investor Kennedy Wilson has bought State Street’s Irish banking headquarters in the south Dublin docklands for about EUR 108 mln.
US investor Kennedy Wilson has bought State Street’s Irish banking headquarters in the south Dublin docklands for about EUR 108 mln.
According to a report in The Irish Times, the investment firm beat off two other contenders: a consortium formed by UK property group Delancey and private equity firm KKR, and US property investor Hines.
Kennedy Wilson will get a net return of 7.5% on its latest investment in addition to a site of over three acres adjoining the bank premises.
