Landmark Dublin retail site sold
Europa Capital has bought one of Dublin’s most prominent landmarks, the Clerys building on O’Connell Street, with local partners and shareholders, Core Capital and Oakmount. It intends to transform the former department store into a new retail, restaurant and office destination in the heart of Dublin.
The 137,799-sq ft property is currently vacant and is being acquired with an exisiting planning consent to extend it to 181,450 sq ft including new retail units on O’Connell Street and a mix of office and leisure uses above. The site also includes a former warehouse on Earl Place which is planned to be redeveloped into a new hotel.