Henderson Park, the European real estate investment platform, announces the sale of 30-33 Molesworth Street, in Dublin city centre, to German real estate fund manager, KanAm Grund Real Estate Asset Management GmbH & Co.KG (‘KanAm Grund Group’).
30-33 Molesworth Street comprises 5,300 sq m in two redeveloped and refurbished buildings along with two Georgian buildings, strategically located in the heart of Dublin’s traditional CBD. 30-33 Molesworth Street is home to Maples Group and Savills, along with a number of other Irish and International companies. Number 32 achieved LEED Gold accreditation for its sustainable design when it was completed and let to Maples Group in 2018.
Henderson Park is a pan-European private equity real estate manager based in London. The firm has invested approximately $10 billion in building a portfolio of iconic real estate assets across Europe, with exposure to the gateway and capital cities of the United Kingdom, Ireland, France, Spain, Germany, Greece and Poland. Henderson Park seeks high-quality assets in prime locations where it can identify potential to unlock or create value through asset management. The firm’s current portfolio spans 15 million sq. ft. and is diversified across the office, logistics, multifamily, student housing, hotel and retail sectors, including a number of active development projects. Henderson Park strives to work with and create long-term strategic relationships with best in class local partners.
Henderson Park entered the Irish property market in July 2019, with the acquisition of Heuston South Quarter, a high-quality, mixed-use campus in Dublin city centre and subsequently acquired Green REIT plc in November 2019. Following those acquisitions, Henderson Park now has assets in all major sectors of the Irish real-estate market including, offices, logistics and residential.
Source : Company