Central Bank of Ireland completes sale of Spencer Dock (East Wing) building to the Office of Public Works

Central Bank of Ireland has successfully completed the sale of its Spencer Dock (East Wing) building to the Office of Public Works for €23.7m.

The sale of Spencer Dock was a key element of the Central Bank’s longer term property strategy aligned to our decision to develop a single Dockland Campus through the purchase of our North Wall Quay building and subsequent purchase of our Mayor Street building. This sale of the East Wing, to Office of Public Works on 22 January 2026, follows the earlier sale of Spencer Dock (West Wing) to the National College of Ireland in September 2022. 

Spencer Dock is situated on the north side of Mayor Street, Dublin, directly behind the National Convention Centre. Built in 2008, Block R1 is a semi-detached, six-storey over basement with its own separate ground floor office entrance and reception area. 

The Office of Public Works currently leases a portion of the Ground Floor and floors 1 -5 on a 20-year lease (from 11 May 2015) and it currently accommodates various Government agencies.

Notes

• In November 2018, the Central Bank announced plans to purchase Dublin Landings DL4/5. This acquisition will secure the organisation’s long-term accommodation needs.
• Spencer Dock is an office block building, which the Central Bank had rented since 2008. In November 2015, the Central Bank took the opportunity to purchase this building for €104m.
• Read further information on the Central Bank’s Dockland Campus.