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Transactions - DECEMBER 17, 2019

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Singapore-based Oxley exits Dublin market

by Andrea Zander

Oxley Holdings has entered into a memorandum of agreement to sell the last of five Dublin office buildings developed by the Singapore-based company over the past five years for €115 million ($128 million), according to a stock exchange filing.

Iput PLC has purchased the leasehold interest of 297 years in No. 3 Dublin Landings, located at 72–80 North Wall Quay in Dublin.

The property is one of the five commercial buildings developed by the group at Dublin Landings, a new commercial center in the heart of the Irish capital that offers more than 1 million square feet of office, residential and retail space. The other four commercial buildings have been sold, and Dublin Landings is now home to Central Bank of Ireland and a new community of entrepreneurs occupying almost 10,000 square meters (108,000 square feet) of office space that has been leased to WeWork.

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