Home > Ireland > Blanchardstown Centre bought by Blackstone

Blanchardstown Centre bought by Blackstone

Written by Robert McHugh, on 17th Jun 2016. Posted in Ireland

article headline

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."

Source: www.businessworld.ie

About us

More articles from Ireland

image Description

Entekra to create 100 jobs in Monaghan

Read more
image Description

71% of Irish CFOs report a high level of external financial and economic uncertainty

Read more
image Description

What draft Brexit deal says of Irish border and contested backstop

Read more
image Description

EU-UK Brexit deal envisages July 2020 decision on Irish border

Read more
image Description

EU and UK have agreed Brexit text on Irish border

Read more