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%
Dolores McNamara and Irish Life have bid more than the €44m guide price
Irish and foreign interest expected in fully occupied park providing income return of 7%
Park is producing a rent roll of €1,562,942 with more funds due in turnover top-ups
Portfolio of retail assets largest to come on market since crash
Parks portfolio is producing overall rental income of €9.5 million
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