US asset management firm Blackstone is seeking to expand its footprint in Ireland with new deals worth over EUR1 billion.
According to React News, Blackstone has snatched up two large buildings in Dublin on long term leases to tech companies Facebook and Salesforce.
The first is Fibonacci Square, part of Facebook’s European HQ at Ballsbridge, comprising of around 80,000 m2 and fully-let on a 25-year lease.
Blackstone’s second target is Spencer Place at North Wall Quay, a 35,303 m2 suare feet Grade A workspace and the base of Salesforce’s new European HQ campus.
Blackstone was also reported to be interested in a third location, Waterfront South Central, also on the market as part of a portfolio of projects developed by Ronan Group Real Estate (RGRE) and Fortress.
Source: propertyeu.info on the 29th of March
(https://propertyeu.info/Nieuws/Blackstone-eyes-1b-in-Irish-real-estate-assets/89230d04-a898-4d64-816b-54af7304010f)