Eagle Street snaps up two Richview blocks

Eagle Street Partners, a property investment fund set up by former Glenveagh Properties co-founder Justin Bickle and former executive Shane Scully, has bought two south Dublin office blocks, bringing its total investment to about €150 million since it was set up at the end of last year.

It has bought the two three-storey blocks at Richview Office Park in Clonskeagh, close to University College Dublin. Eagle Street's previous deals include buying a commercial development in Glasgow and the European headquarters of car rental firm Hertz in London.

Investor

Backed by an unnamed institutional investor, Eagle Street says it wants to build a pan-European property business, buying, developing and refurbishing property in the commercial, residential and hospitality markets. It also has a focus on properties for the life sciences sector.

It entered the Irish residential property market in the summer, when it agreed a €78.5 million deal to buy a docklands site from Glenveagh. The business says it is “actively seeking” new investments in the UK and Ireland.