Northwood Investors Acquires One Warrington Place in Dublin, Ireland
Northwood Press Release
New York, NY / April 30, 2012
Northwood Investors LLC (“Northwood”), a leading privately-held global real estate investment firm, announced today that it is acquiring One Warrington Place, a 56,000 square foot Class A prime office property in Dublin.
One Warrington Place, located in heart of Dublin, is a landmark office property that was developed to an exceptional standard in 2008 and is fully leased on a long-term basis to a high quality state owned energy provider, Bord Gais.
The acquisition brings together an iconic office property in Dublin with Northwood’s extensive real estate expertise and diversified portfolio. This is the first asset which Ireland’s National Asset Management Agency (“NAMA”) has facilitated to be sold in Dublin to an institutional global real estate investor. John Kukral, President and CEO, Northwood, commented, "This acquisition represents an important investment for Northwood. We are a long-term investor and believe in the resurgence of Ireland. As such, we are very excited about this transaction and look forward to a lasting relationship with our tenant, Bord Gais, and NAMA." Following Northwood’s investment in Defense Plaza in Paris, France last year, One Warrington Place will be their second investment in Europe. Northwood currently has plans to open a European office in London later this year.
About Northwood Investors
Northwood Investors is a leading privately-held global real estate investment firm with over $2 billion of real estate assets. Founded in 2006 by John Z. Kukral, Northwood employs a fundamental, value-driven investment strategy with a longer-term outlook. Northwood has extensive experience investing in a wide range of real estate assets worldwide, including office buildings, shopping centers, hotels and residential investments, over multiple cycles and property types and geographies, providing the firm with a deep knowledge base, strong relationships, and tremendous access to global real estate resources.
For further information on Northwood Investors or if you wish to contact us, please visit our website: www.northwoodinvestors.com or contact Vivian Tongalson, Managing Director, at (212) 573-0815 or firstname.lastname@example.org.