Manova Partners and Mapfre acquire One Haddington Buildings office property in Dublin for commingled fund

Munich/Dublin, 17th April 2026. Manova Partners and Mapfre, Spain's largest insurance company, have acquired the fully let Grade A office property One Haddington Buildings in Dublin for the Stable Income European Real Estate Fund 2 (SIEREF 2). The building was constructed in 1995 and extensively refurbished in 2022. It meets high sustainability standards and has a BER rating of A3 and Nearly Zero Energy Building (NZEB) status.

Strategically located on Haddington Road in the heart of Dublin's Central Business District (CBD), the four-story property features approximately 3,800 square metres of lettable space and 23 parking spaces. The asset's strong appeal to corporate occupiers is driven by its excellent connectivity to the Luas tram, rail, and bus networks, alongside immediate proximity to high-quality amenities including restaurants, bars, and fitness facilities. Benefiting from this prime location, the building is fully let on long-term leases to four tenants across diverse business sectors, providing a robust income stream.

Christian Göbel, Co-CEO at Manova Partners: ‘With One Haddington Buildings, we are acquiring a future-proofed and ESG-compliant office property in one of Dublin's most established office locations. The property impresses with its high-quality tenancy and attractive yield. With this acquisition we continue our current anticyclical investment strategy to expand our office portfolio in prime locations.’

Laetitia Treves, Head of Transactions Europeat Manova Partners: ‘We believe now is an opportune moment in the cycle to invest in the Dublin office market, which has significantly re-priced with growing momentum in the leasing market. One Haddington Buildings is a quality Grade A office in a vibrant location in Dublin providing attractive yield profile compared to other European cities.’

Carlos Díaz Gridilla, Managing Director at Mapfre Inmuebles: ‘An acquisition like One Haddington Buildings fits perfectly into Mapfre’s real estate strategy, which prioritizes investment in high-quality office buildings in prime locations that can provide a stable source of income over the long term. Our investment strategy in alternative assets has proven successful in recent years, and we will continue to explore this avenue in partnership with our top-tier partners.‘