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

Irish regulator opens inquiry into Facebook over password storage

Read more
image Description

90.3% of new Irish SME lending was from the top three lenders in last quarter of 2019

Read more
image Description

Indeed plans to add 600 jobs in Ireland

Read more
image Description

Global tech company to create 150 jobs in Galway

Read more
image Description

Central Bank wants new law to stop bankers hiding wrongdoing

Read more