Combined losses at Shipton group companies fall to €40m

Combined losses at two companies that are part of the Shipton Group last year narrowed to €40.3m.

Combined losses at Shipton group companies fall to €40m
Wed, 30 May, 2012 - 01:00
Gordon Deegan

Accounts recently filed by Blackpool Properties Ltd and Douglas Developments Ltd show that losses declined by 67% from €123.3m to €40m in the year to Mar 31, 2011.

The Cork-based group owns a number of shopping centres and other developments in Cork City, including Douglas Village and Blackpool.

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CourtsPlace: CorkPlace: Cork CityPlace: Douglas VillagePlace: BlackpoolOrganisation: Shipton GroupOrganisation: Blackpool Properties LtdOrganisation: Douglas Developments LtdOrganisation: Bank of IrelandOrganisation: NAMAOrganisation: Douglas DevelopmentsOrganisation: Bank of ScotlandOrganisation: Blackpool Properties
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