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Central Bank to offload Spencer Dock unit, bought for €104m in 2015
Central Bank of Ireland Pic: RollingNews.ie
11 Nov 2020 / Ireland Print

Central Bank to offload Spencer Dock unit

The Central Bank is to sell its premises at Block R, Spencer Dock, Dublin 1. Lisney will bring the property to market. The move will see all Dublin city centre Central Bank staff working in one integrated campus at North Wall Quay and Mayor Street.

Spencer Dock was rented by the Central Bank since 2008 and purchased by the regulator in November 2015 for €104m. 

In November 2018, the Central Bank announced plans to purchase Dublin Landings DL4/5

Integrated campus

Staff currently working in Spencer Dock will migrate to the Central Bank integrated campus on a phased basis. An announcement on the preferred bidder will be made when the sales process has concluded.

Proceeds arising will form part of the calculation of the Central Bank’s annual distribution to the Exchequer.

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