The Munich-based family office investor AM Alpha has acquired 76 Sir John Rogerson's Quay in Dublin, a newly developed partially let office building - for an undisclosed price.
Developed by TIO, the 8 story building in Dublin 2 extends to approximately 92,600 sq. ft.
The building is partially let to Rabobank who occupy 3 of the 8 floors in block A, in addition to Algebris Investments who occupy part of the ground floor.
The acquisition is the latest in AM Alpha's ventures in the Irish office property market.
The group previously owned Riverside II which they sold in 2013 to IPUT.
More recently, they also acquired Northside Shopping Centre in Dublin’s Northern Suburbs.
"We are very delighted to have completed the acquisition of 76 Sir John Rogerson's Quay, a magnificent Grade A office building with undisturbed river-fronting panoramic views," said Martin Lemke, Managing Director at AM Alpha.
"The newly developed mixed-used office and residential block provides one of the last waterfront opportunities in the south docklands," he added.
Mr Lemke said they will remain focused on growing their portfolio further across Europe, as well as in the Asia-Pacific region.