When Hines completed the sale of the Bishop’s Square office block in Dublin city centre for €182 million last month, it was hailed as a coup for the global real estate fund and as a boost for the commercial property market. The deal had made it over the line in the middle of a pandemic, and what’s more, the asking price had held up. The buyer was GLL Real Estate Partners, a division of the Australian investment bank Macquarie Group. Stewart Construction, the award-winning Galway contractor engaged for nearly €13 million by Hines to modernise the primely located Kevin Street…
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