Location

Adelaide Chambers is located in the heart of Dublin City Centre’s Central Business District on Peter Street, Dublin 8.

St Stephens Green SC/LUAS c.5 min walk

College Green & Trinity c.12 min walk

Pearse Street DART c.20 min walk

It is primely situated just 400m West of St. Stephens Green. The location is one that affords the property and its occupants unfettered access to all of Dublin city centre’s commercial, retail, leisure and cultural amenities.

The property is superbly convenient to both Dublin’s Creative Quarter and to Grafton Street. The Creative Quarter is an area stretching from South William Street to George’s Street, and from Lower Stephen’s Street to Exchequer

Street. The area has a long-standing history dating back to the 18th century of specialist design and hosts exceptional artisan boutiques, studios, cafés, and restaurants.

Grafton Street and its immediate surrounds is Dublin’s premier retailing location, boasting top international retailing brands along with some of Ireland’s best known retail/leisure attractions such as Brown Thomas department store, Stephen’s Green

Shopping Centre, Weirs & Sons Jewelers and Bewley’s Cafe.

The property also benefits from a range of accessible transportation in the immediate area such as the Green Line Luas, located just a short walk away and with Dublin Bike stations available at Kevin Street, York Street and St. Stephens Green, along with bus routes services for all of Dublin from the immediate region.

Four Courts c.14 min walk

Temple Bar c.10 min walk

Grafton St c.5 min walk

MARKET ACTIVITY

Investment and development activity in the immediate vicinity has been on a steady and continued rise. Recent noteworthy transactions, development activity and pipeline projects include:

1 Former DIT Kevin St. Campus (3.75 acres) sold for €140m

Works are currently ongoing at what is now called Camden Yard to deliver large-scale mixed-use development consisting of approx. 53,100 sq m of office accommodation in two 11-storey blocks, alongside 299 build-to-rent apartments across three buildings of up to 14 storeys in height. The scheme is estimated to have a gross development value in the order of €475 million.

2 Bishops Square (approx. 16,980 sq m)

Office investment sale to GLL/Macquarie for €182 million in 2020 represented a NIY of approx. 4%. The high-profile transaction went a long way in underpinning ongoing confidence in the Dublin office investment market at a time of heighten global and domestic uncertainty.

3 Former DIT Aungier Street Campus

Located immediately opposite Adelaide Chambers this 2.5 acres holding is due to come to the open market in Q1/Q2 2022 seeking approx. €100 million with potential to deliver in excess of 500,000 sq ft of mixed-use accommodation.

4 Bride/Kevin Street Garda Station

Delivered by the Office of Public Works this impressively engineered building extends to 6,840m² of office space with a 5,400m² double basement. It cantilevers 5 storeys over Bride Street and has a 6-storey glazed internal atrium. The finished development achieved 100% site coverage.

5 Molyneux House (former office block)

Molyneux House office block and an adjoining warehouse on the corner of Bride Street and Peter Street is subject to a live planning application for new hotel development of approx. 8,000 sq m (approx. 250 rooms) on a total site area of approx. 0.5 acres.