Five Cork Airport Business Park office buildings, totalling 120,000 sq ft, including two let to Amazon, and which had been by a Norwegian billionaire for over €15 million five years ago, have been sold off-market to an Irish/UK joint venture for over €20m.

THE quiet market sale of a €30m-plus residential development, totalling 165 apartments in Cork’s Ballincollig, is likely to see a continuation of overseas buyers and funds now looking for multi-family investments of scale, outside of the Dublin market.

A very tall office tower, of up to 15 storeys on a very tiny footprint site, is expected to go for planning permission in Cork city centre in coming weeks.

A third, institutional fund sale of a retail investment on the western section for Cork city’s main trading thoroughfare, St Patrick’s Street, is new to marekt.