Cork's Marina Market owners in talks to buy historic Douglas Village shopping centre

One of Ireland's longest-established shopping centres bounced back after a devastating fire and is now expected to be sold for around €23m

Douglas Village Shopping Centre was put up for sale earlier this year. File picture 

The owners of Cork’s popular Marina Market are in talks to buy the city’s Douglas Village Shopping Centre — the second oldest shopping centre in the country — for around €23m. 

The Irish Examiner understands that property investment firm Urban Green Private (UGP) is one of a number of parties that have been involved in the sale negotiations and that a deal could be close.