Five Nama-controlled shopping centres up for sale

There’s a current rent roll of €4.8m on the five grocery-dominated centres, in Dungarvan, Thurles, Cashel, Mullingar and Navan, anchored by the likes of Tesco, Dunnes and SuperValu.
The sale is for Nama, coordinated via Deloitte, and joint selling agents are Lisney’s Duncan Lyster (Dublin) and Margaret Kelleher (Cork), acting with Roderick Nowlan of Bannon. Current income is about €4.8m, offering buyers an initial yield of about nine per cent.