Developers Ballymore and Oxley Holdings are set to put the first building in their Dublin Landings development up for sale.
Dublin Landings is a large complex being built next to the new Central Bank in Dublin's Docklands.
The National Asset Management Agency has a 20% stake in the development.
No 1 Dublin Landings is a ten storey building providing over 13,300 square metres of office accommodation and 44 car parking spaces.
The building has been fully pre-let to the National Treasury Management Agency.
The letting deal is for a term of 25 years and the rent to be paid by the NTMA is €50 per sq ft and €4,000 per car space.
The total rent is estimated at €7.015m.
"No 1 Dublin Landings offers investors an opportunity to buy in at the early stages of the transformation of this part of the city centre, giving a real opportunity for growth, underwritten by a lease to the state," commented Sean Mulryan, chairman & Group CEO at Ballymore.
