Central Bank of Ireland announces sale of Spencer Dock Premises

The Central Bank of Ireland has today (11 November 2020) announced its intention to sell its premises at Block R, Spencer Dock, Dublin 1.

The Central Bank has engaged Lisney to market the property to ensure the full market value for the premises is realised.

The move will see all Central Bank staff working in Dublin City centre working together in one integrated campus at our premises on North Wall Quay and Mayor Street. Staff currently working in Spencer Dock will migrate to the Central Bank integrated campus on a phased basis.

An announcement on the preferred bidder will be made when the sales process has concluded.

Notes

• In November 2018, the Central Bank has announced plans to purchase Dublin Landings DL4/5. This acquisition will secure the organisation’s long-term accommodation needs.
• Spencer Dock is an office block building the Central Bank had rented since 2008. In November 2015 the Central Bank took the opportunity to purchase this building for €104m.
• Further information on the Central Bank’s Dockland Campus is available on its website.
• Any proceeds arising from this sale will, as with all of the Central Bank of Ireland’s profits, form part of the calculation of the Central Bank’s annual distribution to the Exchequer.