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Central Bank to sell Spencer Dock office

The sale of the Spencer Dock office will see all Central Bank staff working in Dublin city centre coming together in one integrated campus
The sale of the Spencer Dock office will see all Central Bank staff working in Dublin city centre coming together in one integrated campus

The Central Bank has announced plans to sell its premises at Block R on Spencer Dock in Dublin 1. 

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

The Spencer Dock office has been rented by Central Bank since 2008 and in November 2015 it bought the building for €104m.

The sale of the office will see all Central Bank staff working in Dublin city centre coming together in one integrated campus at its premises on North Wall Quay and Mayor Street.

It said that staff currently working in Spencer Dock will migrate to the Central Bank integrated campus on a phased basis.

Any proceeds arising from the sale will, as with all of the Central Bank's profits, form part of its annual dividend to the Exchequer.