The Central Bank has agreed to pay around €8m for the unfinished building in Dublin that was to be the headquarters of Anglo Irish Bank.
A report on Bloomberg said the bank will buy the building on North Wall Quay from the National Asset Management Agency.
Anglo Irish Bank's plans to use the tower as its headquarters were abandoned after the company's collapse helped push Ireland toward the international bailout in 2010.
''We don't comment on speculation about individual transactions, but we've previously indicated that we are optimistic that we will secure a satisfactory deal in respect of this property in the medium term and that remains our position," a spokesman for NAMA told Bloomberg.
The building was constructed by Liam Carroll, one of the country's biggest developers. He has seen many of his assets seized by banks.
"No deal has been finalised," a Central Bank spokesman said. "We don't comment on the specifics of individual negotiations."
