Retail park portfolio's €78m sale tests investor appetite
Sale of schemes in Dublin, Drogheda and Clonmel offers buyer net initial yield of 8.43%
Sale of schemes in Dublin, Drogheda and Clonmel offers buyer net initial yield of 8.43%
Maxi Zoo, Permanent TSB and L’Ombre join M&S and Lidl at Dublin 9 retail scheme
Park is producing a rent roll of €1,562,942 with more funds due in turnover top-ups
Portfolio produces overall rental income of €9.5m giving immediate return of 5.8%
Occupancy level 100 per cent at retail parks in Blanchardstown Centre, west Dublin
Parks portfolio is producing overall rental income of €9.5 million
Highest value segment of portfolio is Arena Centre in Tallaght with price tag of €40m-plus
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