The iconic Central Bank building on Dame Street, built in the mid 70’s, could fetch between €25 million and €30 million, according to property sources.
Designed by well-known architect Sam Stephens, it dominates the Temple Bar skyline and attracted heavy criticism when first built after exceeding height restrictions.
The Financial Regulator owns three other premises on Dame Street in addition to the Tower Building which it also intends to sell. It also leases premises at Spencer Dock in the Docklands and at Iveagh Court near Harcourt Street in Dublin 2, which will also be divested.
The HQ building will require a multi million revamp before it would be suitable for a new tenant.
Lisney’s have been appointed to advise the bank on selling and managing its other properties.