IBM business campus in Dublin hits market for €80m

Both the manufacturing facility and wider campus have been maintained to a high standard throughout. IBM has modified the buildings over the years as its business requirements have evolved.

In a statement to The Irish Times, IBM said: “Ireland is a key strategic location for IBM. The company has had a presence here since the 1950s with a rich history of innovation on projects of global impact, a tradition which continues up to today. This potential real estate transaction will not impact on IBM’s presence in Ireland which will continue to be a key strategic location for IBM for many years to come.”

The estimated rental value associated with this potential lease is about €2.8 million, which would provide the prospective purchasers with a strong level of initial income from a blue-chip anchor tenant.

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IBM business campus in Dublin hits market for €80mDamastown Business Campus in Dublin 15 offers potential rental income of €2.8m from technology giant and scope for development via IrishTimesBiz Paywall blocked article so is this cover for IBM leaving or are they moving to another location? Climate change in Ireland!! Can’t allow businesses nor infrastructure
Source: IrishTimesBiz - 🏆 6. / 77 Read more »