Tuesday 16 May 2017

KENNEDY WILSON ANNOUNCES SALE OF 130,000 SQ FT OFFICE BUILDING TO J.P. MORGAN AS FIRST OCCUPIER AT ITS CAPITAL DOCK DEVELOPMENT

Entire 660,000 Sq Ft Development Will Be Completed in 2018
 
BEVERLY HILLS, Calif. & DUBLIN, May 15 (Bernama-BUSINESS WIRE) -- Global real estate investment company Kennedy Wilson (NYSE:KW), in a joint venture with Fairfax Financial Holdings Limited and the National Asset Management Agency (‘NAMA’) today announces that J.P. Morgan Bank (Ireland) plc (‘J.P. Morgan’) is to become the first major occupier to commit to the highly-sought after Capital Dock campus development through a forward-funding sale agreement.

Extending over 4.8 acres, Capital Dock is designed to meet the needs of the many rapidly expanding international businesses based in Dublin. Positioned on Sir John Rogerson’s Quay, in the heart of Dublin’s Docklands, Capital Dock is one of the largest single phase ground up developments to be delivered in Dublin with over 660,000 sq ft of new mixed-use space. The campus-style scheme is designed by award-winning Irish architecture firm O’Mahony Pike and will include 345,000 sq ft of office space across 100, 200 and 300 Capital Dock and 190 high-quality rented residential units with waterfront views across three aspects, including a 23-storey tower marking the gateway to the city. 

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