Irish investor acquires scheme as US fund Marathon continues Irish retail asset sell-off
Marathon Asset Management
Price paid represents 33% discount on €12.75m sought by Marathon Asset Management
Parks Collection comprises leading schemes in Dublin, Drogheda and Clonmel
Landmark Galway city scheme anchored by retail giants Dunnes Stores and Penneys
€1.5bn poured into residential, office and logistics assets as threat of Covid-19 recedes
Sale of schemes in Dublin, Drogheda and Clonmel offers buyer net initial yield of 8.43%
State’s biggest landlord to pay €424,000 per unit for 25 apartments at Beechwood Court
Henderson Park Capital seeking €400m for portfolio acquired in Green Reit buyout
€1.34bn sale of Green Reit leads charge in year defined by €100m-plus ‘mega deals’
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