Union Investment commits to fund the development of prime office building, Burlington House, in Dublin (IE)

Union Investment announces that it has committed to forward fund the development of Burlington House, the largest new speculative prime office building in Dublin city centre. Burlington House will deliver 15,992 m² of net office space.
The Burlington House site was acquired by Development Securities in a joint venture with companies affiliated with Patrick McKillen, John Ronan and Colony Capital Inc., in June 2014 and was previously occupied by a 1970’s office building which has since been demolished and the site cleared for development. Sisk has today also been appointed as the main contractor for the development with construction due to commence imminently and practical completion anticipated in Q2 2017.
Located on Burlington Road within Dublin’s prime commercial core, the site is well-connected, with excellent transport links across the city and an established blue-chip occupier base that includes Amazon, BSykB, Bank of Ireland, LinkedIn, IDA, EBS, CBRE and Groupon, all within the immediate vicinity. Burlington House will provide net floor plates of between 2,480 m² and 2,846 m² with a generous car parking provision.
Source: Union Investment