The Irish Independent has today reported that Blackstone has completed a deal to take over the Blanchardstown Centre in one of the biggest property deals in the history of the state.
Blanchardstown Centre is a 1.2 million square foot retail complex comprising over 180 leading stores together with numerous restaurants and leisure facilities including a 9-screen cinema.
Furthermore, the centre has capacity for an additional 1.6 million square feet of development across retail, residential, office and leisure.
It is believed that Blackstone paid Green Property €950m for the centre.
In a statement, Head of European Real Estate at Blackstone, Anthony Myers said, "This is a further investment by us in Dublin and underlines our commitment to Ireland and belief in the strength of its economy."