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Grattan Business Park, Clonshaugh, Dublin 17
Modern Business Park extending to 6,131 sq.m (66,000 sq.ft) comprising 34 units across 3 distinct L'Industrial and Office blocks.
Grand Canal Capital Partners was appointed as asset manager in Q2 2025, following the acquisition of the property by an offshore client.
Asset Management Strategy
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Grow income through targeted lettings of vacant space
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Extend lease terms via proactive lease regears
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Deepen tenant relationships to support retention and expansion
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Improve ESG credentials
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These initiatives aim to stabilise, and then grow income and to improve the Asset's Institutional credentials.
Recent activity includes:
Coming to a mutual agreement with tenants on legacy lease events such as rent reviews whilst regearing leases at improved rents and extending the Unexpired average lease term.
Appointment of new Managing Agents and Leasing agents to drive performance and the preparation of a medium to long term Maintenance programme to improve sustainability credentials.
One Custom House Plaza, IFSC, Dublin 1
Modern office building extending to 3,864 sq.m (41,589 sq.ft) over five storeys with 48 secure basement car parking spaces.
Grand Canal Capital Partners was appointed as asset manager in Q3 2024, following the acquisition of the property by a private family office. At acquisition, the building was 60% occupied with a WAULT of approximately 4 years..
Asset Management Strategy
​
-
Grow income through targeted lettings of vacant space
-
Extend lease terms via proactive lease regears
-
Refurbish vacant floors and common areas
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Deepen tenant relationships to support retention and expansion
-
Improve ESG credentials
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These initiatives aim to reposition the asset as a more sustainable, income-producing office investment situated in the heart of the IFSC.
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Recent activity includes:
Occupancy within the building has increased to 81.3%, following the completion of a new 5-year lease with Kaseya Limited for almost 9,000 sq.ft NIA across Level 5 and a portion of Level 1.
Grand Canal Capital Partners negotiated the tenancy directly and oversaw a light refurbishment of the space, enabling Kaseya’s continued expansion in Dublin. As part of the transaction, the tenant’s existing leases within the building were also varied to align expiry dates, creating a co-terminus lease profile across their occupied floors.