Green Property to sell two industrial sites near airport

Green Property is to sell two industrial investments at Airways Industrial estate near Dublin Airport

Green Property is to sell two industrial investments at Airways Industrial estate near Dublin Airport. Patrick Curran of Harrington Bannon is seeking offers in excess of £3.75 million for Unit 26, which is let to International Freight Forwarding and Distribution Company at £265,000 per annum. The 25-year lease began last November and has a break clause in 2012. The adjoining unit, which is expected to make more than £2.8 million, is let to Corporate Express at £195,000 per year. The 25-year lease of the 30,985 sq ft building was signed earlier this month. The two units were previously occupied by Irish Express Cargo and have been refurbished by Green.