KanAm Grund Group, an international real estate investment, consultancy and asset management company, has purchased One Upper Hatch Street, the fully let office building in Dublin, for one of their special real estate funds.The purchase price was not disclosed.
This property is a flat-roofed office building with around 2,700 square meters of office space spread across one ground and seven upper levels. Above the second upper level, the building is tapered, offering adjacent terraces.
One Upper Hatch Street is located around 400 meters or 5 minutes south of St Stephens Green. The city center with its famous Grafton Street shopping precinct is only a 10 minutes’ walk away. The building was purchased for the KanAm Grund European Cities HP, which is part of the growing family of KanAm Grund Group special real estate funds. It has been agreed to keep the sales price confidential.
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The main tenant of the property is the Irish daughter of Deloitte NSE LLP, a member company of Deloitte Touche Tohmatsu Limited, each of whose members are legally separate and independent companies. The remaining part of the building is let to the Irish subsidiary of a US tax and financial services company.