KGAL acquires its first commercial real estate in Ireland

Independent investment and asset manager KGAL has entered into Ireland’s real estate market following its purchase of the Golden Lane office property in the country’s capital, Dublin.

This investment represents a further step forward in the company’s internationalization strategy. The property will be added to a special pan-European real estate AIF comprising 24 properties in Germany, Austria, Hungary — and now Ireland.

“Dublin has been performing well for years in one of the most important office markets in Europe. We are delighted to have expanded our international market presence with this commitment,” said André Zücker, managing director of KGAL Investment Management GmbH & Co.

The Golden Lane office building was completely renovated in 2017–2018 and is located in Dublin’s city center. The micro-location within Dublin’s vibrant Creative Quarter meets significant contemporary investment criteria for KGAL, including direct proximity to