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Oxley JV puts WeWork-leased building in Dublin on market for €99M

Singapore's Oxley Holdings Ltd. and development partner Ballymore are marketing a building forming the second phase of the Dublin Landings development in Ireland, with a price tag of €98.8 million, The Irish Times reported.

The eight-story No. 2 Dublin Landings building, being marketed via CBRE and Knight Frank, is pre-let to shared workspace provider WeWork Cos. for a 20-year term and is slated to be completed later in May. The property has an overall floor area of more than 9,245 square meters, along with 23 parking spaces, the May 23 report noted.

The development's nine-story No. 1 Dublin Landings building was sold to German institutional investor Triuva for €164.2 million in March. The more than 100,000-square-meter Dublin Landings will offer offices, and retail and restaurant facilities, as well as 300 apartments upon completion.