Plans are being advanced for the sale of the Wilton Shopping Centre in Cork, at an expected €85m-€90m guide, after conditional planning permission for a €100m redevelopment to include a multi-screen cinema and 190-bed hotel was granted by Cork City Council within the last week.
Thu, 06 Sep, 2018
Dealmakers behind the €14 million purchase of the bulk of the City Quarter investment in Cork city centre from Nama have emerged as the just-re-branded MC2 Accountants, on behalf of private investors.
Thu, 23 Mar, 2017
Thu, 09 Feb, 2017
SIX shopping centres, including the largest in the Midlands, have been put up for sale in one lot, guiding at €115 million. The mix, in one lot only and called the Cornerstone Portfolio, has almost 170 shop units plus 150 apartments, and 670,00 sq ft of retail in all.
Thu, 12 Feb, 2015
Investment in the country’s real estate market reached record levels last year with a number of new players coming to the fore accounting for much the activity. More than €4.5bn was spent on real estate in 2014 making it the highest amount ever invested in the Irish market surpassing the previous peak by more than €900m.
Tue, 20 Jan, 2015
n un-named Chinese investor has stitched up a deal on Fitzgerald House, an 11,600 sq ft property facing Cork city’s English Market and adjacent to the dramatically just-painted up Singers Corner, where - coincidentally - a commissioned mural by artist Johnny Bugler depicts a floral Chinese pattern, as seen on old Singer sewing machines.
Thu, 27 Nov, 2014
As the sell-off of a portfolio of three Irish shopping centres in Cork, Clonmel and Balbriggan moves to a second round, with three bidders reportedly all over €135 million, a second very sizeable portfolio of Dublin shops and offices comes for sale this week, guiding €123m.
Thu, 26 Jun, 2014
Investment in Irish property assets rose 170% in the first quarter of this year above the same period last year — but 94% of activity was in the Dublin market, and as yields compressed investors “acquired assets across the risk spectrum”, according to Davy Research.
Fri, 18 Apr, 2014