Fine Grain Property has acquired Waterside at Citywest Business Campus. Waterside is a 15-acre campus comprising circa 219,281ft² across five modern office buildings and brings the total floorspace in Fine Grain’s portfolio to 1.2 million ft². Current occupiers at Waterside include Fidelity Investments, SAP, Glanbia and Hidden Hearing.
“Fine Grain builds success for its clients by enabling great workplace communities,” said Fine Grain’s Real Estate Director, Damien Kilgannon. “Waterside is an excellent addition to our nationwide workplace community with its quality properties, and strong FDI and indigenous Irish businesses. Superbly located, with links to Dublin City University and University College Dublin, Waterside offers access to a deep pool of talent that has successfully attracted top companies to the campus over many years. We look forward to working with our new client companies in Waterside to provide an excellent service and facilitate their future growth in the campus.”
“The acquisition of Waterside marks Fine Grain Property's largest investment to date bringing total investment in business parks across Ireland to more than €290m,” said Fine Grain’s Finance Director, Kevin Mahony. “We have the team, the network and the capital to grow our portfolio, and will be investing in this growth over the next 12-18 months. We are currently seeking new investment opportunities - through a focus on the right locations, strong covenants, adding value through proactive asset management and driving income certainty, we seek to deliver long term, consistent returns for our investors.”
