Commercial Property

The Practice

Our Commercial Property Group is widely acknowledged as the leading all-Ireland practice on property law. Our comprehensive range of services has ensured that we continue to advise on the largest and most innovative commercial property transactions in Ireland, including acquisitions, disposals, leasing, development and funding.

As the largest commercial property team in Ireland, combined with our in-depth industry knowledge, we have a significant competitive advantage that enables us to service the diverse requirements of our broad client base.

Our Commercial Property Group includes the leading commercial property team in Northern Ireland and this strength in both jurisdictions enables Arthur Cox to advise on cross-border real estate transactions.

Our Commercial Property Group is closely linked to the specialist expertise provided by our Tax, Finance and Corporate teams, expertise that is often integral to the structuring of major real estate transactions. We also work closely with our Litigation team on all types of property and landlord and tenant disputes.

Expertise

Our services include:

  • Advising domestic and international clients on the acquisition and disposal of all types of interests in commercial and residential real estate from property portfolios to single asset transactions
  • Advising on all aspects of land development and the property aspects of infrastructure, energy and natural resource projects including planning, environmental, construction and taxation issues
  • Advising commercial landlords and tenants on the acquisition and disposal of leasehold interests, sale and leaseback transactions, pre-lets and providing ongoing management advice to landlords, tenants and asset managers
  • Advising investors and developers on the acquisition, development and disposal of residential multi-family/PRS/BTR schemes and providing ongoing advice to landlords and asset managers on residential landlord and tenant law
  • Advising owners, lenders, borrowers, equity investors, hedge funds, asset managers on all aspects of financing, secured lending and property investment
  • Advising liquidators, receivers, examiners, landlords, tenants, purchasers and vendors in the management of distressed properties including the restructuring, acquisition and disposal of leasehold and freehold properties
  • Advising on the property aspects of corporate transactions including the sale and purchase of private and public companies

Experience

  • Advising Kennedy Wilson on the acquisition of the Shelbourne Hotel and the acquisition and development of Capital Dock (a new urban quarter on a 4.8 acre site in Dublin’s south docklands) including the acquisition of the State Street HQ Building, the forward purchase of Block 200 Capital Dock by J.P. Morgan and the letting of Blocks 100 and 300 to Indeed.com (one of the top three leasing transactions in the Irish market in 2017)
  • Advising Green Property on the sale of Blanchardstown Centre, Dublin 15 (the biggest single real estate asset disposal in the history of the State)
  • Advising Green REIT on the sale of Westend Retail Park, Blanchardstown (one of the top two transactions in the Irish market in Q2 2018), on a number of headline leases including the lettings of One Molesworth Street, Dublin 2 to Barclays and The Ivy Restaurant, 32 Molesworth Street to Maple Fund Services, Block H, Central Park, Leopardstown, Dublin 18 to AIB, unit at Horizon Logistics Park, Dublin Airport to Bulgari, and on the Projects Arc, Sapphire and Glas portfolio acquisitions and sales
  • Advising Chartered Land on the sale of Dundrum Town Centre (Ireland’s largest shopping centre) and the letting of Grand Canal Square, Dublin 2 to William Fry and Byrne Wallace
  • Advising Hibernia REIT on the acquisition, financing and development of 1 and 2 Windmill Lane and Sir John Rogerson’s Quay (office/retail/residential developments on Dublin’s South Quays) and pre-letting of units to Informatica, Core Media, Spar/BWG, Pinsent Masons and Autodesk
  • Advising on the acquisition of Heuston South Quarter, Dublin 8 (the largest transaction in the Irish market in Q1 2018)
  • Advising Hines on the acquisition of Chatham & King (a mixed-use asset adjacent to Grafton Street and St Stephen’s Green in Dublin City Centre) including the negotiation of a development agreement for the design and construction of the second phase (one of the top three transactions in the Irish market in Q1 2018)
  • Advising Triuva investors on the acquisition of Dublin Landings on Dublin’s North Quays (one of the top two transactions in the Irish market in Q1 2018)
  • Advising Oaktree on the acquisition of The Square Shopping Centre in Tallaght, Dublin 24 (the largest investment transaction in the Irish market in 2017)
  • Advising Spear Street Capital on the acquisition of Cherrywood Business Park, Co. Dublin (the second largest investment transaction in the Irish market in 2017) and Belfield Office Park, Dublin 4
  • Advising a South Korean Bank on the acquisition of the Beckett Building, East Wall Road, Dublin 3 (one of the top five transactions in the Irish market in Q2 2018)
  • Advising Irish Life on the forward purchase of the Grant Thornton HQ at City Quay, Dublin 2, (one of the top three transactions in the Irish market in 2017), the acquisition and letting of the Velasco Building, Dublin 2, and the acquisition of the Fernbank PRS scheme, Churchtown, Dublin 14 (one of the top five transactions in the Irish market in Q2 2018)
  • Advising Facebook on the acquisition and development of a substantial data centre in Clonee, Co. Meath, its EMEA HQ letting at 4 and 5 Grand Canal Square, Dublin 2 and the lettings of the Beckett Building in East Wall, Dublin 3 (one of the top three leasing transactions in the Irish market in 2017), The Capitol Building, Cork City and WeWork office space at George’s Quay, Dublin 2
  • Advising Glenveagh on the acquisition of Hollystown Golf Club, Dublin 15
  • Advising Cantor Fitzgerald on the acquisition of the Park Office portfolio, Carrickmines, Dublin 18
  • Advising AGC Equity Partners on the acquisition of the PwC HQ building at One Spencer Dock, North Wall Quay, Dublin 1 (Ireland’s largest single office investment purchase)
  • Advising Blackstone on a number of headline transactions including the sale of the landmark Elysian building in Cork City (one of the top five transactions in the Irish market in Q1 2018 and the largest transaction outside Dublin), the acquisition of the Burlington Hotel, Dublin 4, the Project Platinum office portfolio purchase and sale and the letting of the Atrium Building, Sandyford, Dublin 18 to Fleetmatics
  • Advising Starwood in financing the acquisition of Citywest Hotel, Saggart, Co. Dublin by Tetrarch Capital
  • Advising Bank of Ireland in financing the purchase of the Project Opera portfolio of properties (comprising major Dublin office and retail investments including the Bank of Ireland HQ and Stillorgan Shopping Centre)
  • Advising Wells Fargo in financing two student accommodation schemes developed by Hines at Dorset Point, Dorset Street, Dublin 1 and Binary Hub, Roe’s Lane, Bonham Street, Dublin 8
  • Advising Emerald Investments on the disposal of eight care homes comprising the Carechoice Group
  • Advising daa plc on the real estate aspects of its €800m expansion at Dublin Airport, the development of Dublin Airport Central and the acquisition of the Clarion Hotel, Dublin Airport
  • Advising L Brands/Victoria’s Secret on the letting of its flagship Grafton Street store
  • Advising Aviva on the Grafton Street letting of & Other Stories
  • Advising Fallon & Byrne on the letting of new stores in the Swan Centre, Rathmines, Dublin 6 and Dundrum Town Centre
  • Advising NAMA on the real estate aspects of the Project Jewel loan sale
  • Advising NAMA Receivers on the sale of 450 residential units at Tallaght Cross, Co. Dublin to IRES REIT and the sale of 124 apartments at North Bank in Dublin’s North Docklands to Kennedy Wilson
  • Advising Park Developments on the disposal of a multi-family development of 131 apartments at New Bancroft Hall, Tallaght, Dublin 24, and the letting and sale of units in Mount St Anne’s, Milltown, Dublin 6
  • Advising Red Carnation Hotel Group on the acquisition of Ashford Castle and Lisloughrey Lodge in Co. Mayo/Galway
  • Advising Brehon Capital Partners and Midwest Holdings on the acquisition of the former Ritz Carlton Hotel, Enniskerry, Co. Wicklow and the Marker Hotel and Residences at Grand Canal Square, Dublin 2
  • Advising Coillte on the real estate aspects of renewable energy projects and windfarms
  • Advising MSD on the disposal of its Rathdrum facility to Zoetis
  • Advising Equinix on the acquisition of data centre sites in Dublin

Commercial Property Northern Ireland