This property is fully leased to Laya Healthcare, a subsidiary of Axa, under a full repairing and insuring (FRI) lease with more than 12 years remaining. The lease includes scheduled rental increases in 2027 and 2032.

A recent investment in the property to provide urgent care and diagnostic facility, the property has undergone an extensive €5.5 million fit-out. This project was meticulously managed by Axis PHP, Laya Healthcare's dedicated project management team in Ireland.

The vendors Kirkland Investments based in Limerick, have a wide-ranging national portfolio and multiple large development sites. Noteworthy current projects include the large mixed use development sites of Towlerton and Horizon situated on the edge of Limerick City. In Towlerton the Bons Secour Hospital are building a €250m 190 bed private hospital.

Separately Kirkland Investments are currently under construction on a 70,000 sqft Clinical Services Hub which is fully let to the Bons Secour Group, this will bring much needed cutting edge medical diagnostics and consultant suites to the Mid West. Kirkland Investments recently completed 1BQ in Limerick City Centre, it is a 250,000 sq ft mixed use development a which includes approx.  120,000 sq ft of offices (LEED Gold & WiredScore Platinum), 34 luxury apartments and café/restaurant options and three floors of basement car parking.  1BQ office element is fully let to Verzion, they have completed a multimillion euro fit out in what will become their Global Centre of Excellence. This letting was the largest office transaction in the country in 2023and set a new benchmark for office rents in the Mid West.

Commenting on the Eastgate sale, Isobel O'Regan from Savills Ireland said, "This transaction underscores the regional market strength outside of Dublin with a NIY of 6%." It represents a strong return on investment for Kirkland who have over the last decade carefully asset managed the building to create a highly sought after institutional investment asset."