The Wilton Shopping Centre purchase pairing (as part of the Hazel Portfolio sale) of Irish property development and investment company Clarendon Properties, with US-based York Capital Management, bodes well for Wilton’s future, say market observers.

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.

A former Nama official has been served with a book of evidence and returned for trial accused of leaking confidential information.

Dublin: Ireland’s National Pension Reserve Fund earned a return of 5.1% in the first quarter, boosted by “advances in equity markets”.