Deal done: New owner for Douglas Village Shopping Centre 

Deal worth in the region of €20m understood to have been agreed with investment firm Urban Green Private

Douglas Village Shopping Centre had a guide price of €21m.

Douglas Village Shopping Centre has been sold for more than €23m to the Tom Coughlan-led property investment firm Urban Green Private.

Mr Coughlan’s company won out over seven interested parties all of whom either bid at or above the original asking price of €21m.