Savills has launched the sale of Fitzwilliam 28, an award‑winning 135,000 sq ft office building in Dublin’s Central Business District, fully let to SMBC Aviation Capital and guiding in excess of €150 million, with a net initial yield of around 4.70%.

Savills said Fitzwilliam 28 is the "finest office investment ever offered to the Dublin market". The property occupies a landmark position in the heart of the city’s CBD and offers best‑in‑class accommodation across approximately 135,000 sq ft.

The building is fully let to SMBC Aviation Capital Limited, a leading global aviation financing platform, providing investors with long‑term, blue‑chip income. Annual rent is about €7.7 million, equating to a net initial yield in the region of 4.70%, with a rent review due in December 2026 that offers potential for further rental growth.

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With a WAULT to expiry of 12.2 years, the asset provides secure, long‑dated income. Widely regarded as Dublin's premier super‑prime office asset, Fitzwilliam 28 and the wider scheme have won multiple design awards.

Designed and built with sustainability in mind, the building holds BER A, LEED Gold and NZEB credentials. Occupier amenities include 19,000 sq ft of roof terraces, gardens and landscaped courtyards.

Commenting on the launch, Fergus O'Farrell, Director, Investment, Savills Ireland, said: "Fitzwilliam 28 represents an exceptionally rare opportunity to acquire what we believe is the finest office investment ever offered to the Dublin market. It combines an award-winning, best-in-class building in one of Dublin's most prestigious locations with more than 12 years of secure income from a blue-chip occupier and genuine near-term rental growth potential. We simply have not seen another Dublin office investment bring together all of these attributes at this level."