September 30, 2015

HWBC advise Irish Life on the Purchase of 57/58 Grafton Street

HWBC advised their client Irish Life on their recent purchase of 57/58 Grafton Street, a prime retail investment let on a long-term lease from 2014.  The reported price was €19.2M.  There is significant reversionary potential already given the upswing in demand for Ireland’s premier retailing street in the last year and the rarity of the size of block ideally suited the Investor.  The building was recently leased following the merging of two properties and a full refurbishment and now serves as the flagship store for Life Style Sports.  For more on this story click here.

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