Davy investors snap up seven shopping centres for €103m

Ronald QuinlanRonald Quinlan is Acting Property Editor of The Irish Times - The Irish Times - 20/07

Fund controlled by Davy Real Estate completes deals for Kennedy Wilson and Harcourt Developments schemes

A fund managed by Davy Real Estate has paid just over €103 million across two deals for seven of Ireland’s best known regional shopping centres.

The fund is understood to have completed the acquisition of the Marshes Shopping Centre in Dundalk from US real estate firm, Kennedy Wilson for about €29.5 million. The price paid is €4 million less than the €33.5 million Kennedy Wilson had been guiding when it offered the centre to...
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Tags: davy-real-estate - harcourt - jll - cbre - bannon - retail - investment -

Source and Copyright images and texts: Ronald QuinlanRonald Quinlan is Acting Property Editor of The Irish Times - The Irish Times
Original link, read full article here: https://www.irishtimes.com/business/2023/07/20/davy-investors-snap-up-seven-shopping-centres-for-103m/
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