MAPFRE, an insurance company in Spain, and Manova Partners, an international independent real estate investment company based in Munich, have acquired the grade A office property One Haddington Buildings in Dublin for their Stable Income European Real Estate Fund 2 (SIEREF 2).
The building was constructed in 1995 and extensively refurbished in 2022. It meets high sustainability standards and has a Building Energy Rating (BER) rating of A3 and Nearly Zero Energy Building (NZEB) status.
The fully let asset is in Dublin’s central business district and offers approximately 3,800 square meters (40,903 square feet) of lettable space, along with 23 parking spaces. The building has been extensively refurbished, meets strong sustainability standards and is let on long-term leases to four tenants across a range of sectors.
The transaction marks the fourth acquisition for SIEREF 2 and reflects continued conviction in well-located, income-producing office assets across ke