March 11, 2015

HWBC advises Credit Suisse on second purchase

HWBC acted on behalf of Credit Suisse on the acquisition of One Grand Parade for a price of €18.1 million.  One Grand Parade is a six-storey block with 2,929 sq.m. (31, 534 sq.ft.)  of office space and a basement car park with 15 spaces, producing a rental income of €759,474. 

The ground floor with a surface area of 299sq.m. (3,218 sq.ft.) is currently vacant. The remainder of the building is occupied by Zendesk International Ltd., Oasis Global Management Co. and the Kuwaiti embassy.

This is the second time HWBC have acted on behalf of Credit Suisse, the first being their purchase of La Touche House located in the IFSC, Dublin 1 for a price of €35 million.

D16592-01 one to use


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