Irish central bank sells old premises for €67 million

Move to new purpose-built premises due to be completed by end of first quarter

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The Central Bank of Ireland's Dame Street premises

The Central Bank of Ireland has completed the sale of its old premises for a sum "in the region of €67 million [$72 million]", it announced today.

Proceeds from the sale will, "as with all of the Central Bank of Ireland's profits, form part of the calculation of the Central Bank's annual distribution" to the Irish finance ministry, the bank says in a statement. The buildings in Dame Street in central Dublin, were bought by a consortium of Hines, a property management company, and Peterson Group

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