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Report: Singapore's Mapletree targets office portion of Dublin project for €240M

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Report: Singapore's Mapletree targets office portion of Dublin project for €240M

Mapletree Investments Pte. Ltd. is nearing a €240 million deal with Marlet Property Group Ltd. for the acquisition of the office component of the Sorting Office integrated development in Dublin, The Irish Times reported.

The deal involves the purchase of an 18,766-square-meter office scheme to the Singapore-based real estate investment trust, and excludes the 56 apartments that also form part of the wider Sorting Office project on the corner of Cardiff Lane and Hanover Street East, according to the publication.

The paper was unable to secure comment from Patrick Crean, founder of Marlet Property, regarding the potential transaction, the May 25 report added.