French investment fund pays €5m for South Mall office block

French investors also bought Mahon Point Retail Park for €50m

French investors paid almost €5m for 26/27 South Mall in Cork city

A French investment fund paid almost €5m for a South Mall office block in what was the second biggest commercial property deal in Cork in H2 of 2024.

Mata Capital IM, fund manager for private investment vehicle Osmo Energie, spent €4.9m on Nos 26/27 South Mall, in its first acquisition outside of France.