In today’s online edition of the Irish Independent there are 4 headline stories in the commercial property section which provide details on the actual or proposed sale of commercial property as well as the development of €200 Million 19 storey skyscraper in the Docklands area of Dublin.
In all, the total potential value of the properties listed amounts to over €420 Million.
Nama is planning to divest itself of 3 shopping centres valued at €120 Million and 8 office blocks valued €100 Million. The properties in question are spread nationwide and include shopping centres in Cork, Galway and Drogheda Co. Louth. As well as this it seems that a separate package of 8 offices is being prepared for sale by the National Asset Management Agency.
In another story reported recently, it seems that Nama in co-operation with US firm Kennedy Wilson, intend to develop offices and apartments in Dublin’s Docklands. The proposed planning permission is said to include what would be Dublin’s tallest building at 19 storeys and if it goes ahead is likely be one of the capitals most high profile commercial construction projects.
Elsewhere, in Co. Louth the Independent reports that offices at the Quayside Business Park have been sold for a figure close to €1.15 Million.
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