DekaBank and ING Real Estate Finance have jointly provided a loan for purchase of the One Spencer Dock office building in Dublin. The loan is for €144 million, and DekaBank's share is €88 million.
The Class A office property was built in 2007 and is located in the North Docklands in Dublin. The property borders the site of the new headquarters of the Central Bank of Ireland, which is currently under construction. One Spencer Dock is fully leased to PwC. The 5-year loan is one of the largest provided in Ireland during this cycle.