Irish funds swoop on two Cork retail investments

Irish investment funds IPUT and Davy have made two separate swoops on suburban Cork retail assets.

Wed, 10 Jul, 2019 - 14:30

Tommy Barker

Irish investment funds IPUT and Davy have made two separate swoops on suburban Cork retail assets.

Davy has paid close to €20 million for the Ballincollig Shopping Centre, with an income of €1.99 million and 7.96% return, while IPUT paid a reported €56 million for the Mahon Point Retail Park, anchored by B&Q, for a 7% yield.

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Courts Property Place: Cork Place: Ballincollig Place: Mahon Place: Retail Park Place: Mahon Point Shopping Centre Place: Jack Lynch Tunnel Place: Cork City Centre Place: St Patrick's Street Place: Lisney Place: Savills Person: O'Flynn Person: Kennedy Wilson Person: Margaret Kelleher Person: Isobel O'Regan Organisation: IPUT Organisation: Davy Organisation: Mahon Point Retail Park Organisation: B&Q Organisation: O'Flynn Group Organisation: O'Callaghan Properties Organisation: CastleWest Organisation: Blackstone Organisation: Ballincollig Organisation: Tesco Organisation: Dunnes Organisation: Lisney Organisation: Heatons Organisation: New Look Organisation: Hickeys Organisation: Easons Organisation: Euro Giant Organisation: Starbucks Organisation: Deutsche Bank Organisation: Mahon Point Organisation: OCP Cork Docklands Organisation: Argos Organisation: Currys PC World Organisation: Halfords Organisation: Carpetright Organisation: EZ Living Organisation: Mothercare Organisation: Home Store

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Irish funds swoop on two Cork retail investments

Former 'last cheap house' in Kinsale returns to market at €395k after full makeover

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Irish funds swoop on two Cork retail investments

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Former 'last cheap house' in Kinsale returns to market at €395k after full makeover

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