Davy investors acquire Swords Central Shopping Centre for €11m
North Dublin retail scheme sold at a 49% discount to €21.5m guide price sought in 2018
North Dublin retail scheme sold at a 49% discount to €21.5m guide price sought in 2018
Irish Life accepts offer for 37.6% stake, giving Davy full control of prime retail property
Fund set to secure 8.5% net initial yield from scheme anchored by Penneys and Tesco
Businessman Pierce Molony and Madison had sought €130m for 62.4% stake
Businessman Pierce Molony and Madison seeking €130m for 62.4% shareholding
Businessman Pierce Molony and Madison seek buyer for 62.4% shareholding
Key assets in portfolio include loans attached to Burlington Plaza office block in Dublin
London financial centre vulnerable to departures to Dublin, Frankfurt and Paris
€30 million project will create five new stores and enlarge ground-floor units
Deal expected to generate a return next year of around 5.93 per cent
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