The Green Reat owner is plotting to sell $ 400 million of Dublin offices

The Green Reat owner is plotting to sell $ 400 million of Dublin offices

Henderson Park Capital, a UK investment firm that bought Green Reat for $ 1.34 billion last year, plans to continue to invest non-core assets within its portfolio by selling the $ 4 million George Quay office complex in Dublin, the Sunday Times reports.

Henderson has already sold two other properties since the Green Reit deal ended in November, according to the newspaper quoting the online property publication Reach News: 30-33 Molesworth Street, 3 Burlington Road. The sale will help reduce debt and expand Horizon Logistics Park, a distribution center near Dublin Airport, the report said.

Australian Pharmacy Group looks at Ireland
The Sunday Times reports that chemist Warehouses, an Australian discount pharmacy group known as McDonald’s Pharmacy, is preparing to enter the Irish market.

The arrival of the Chemist Warehouse with 400 lets toilets across Australia will put pressure on local pharmacy retailers. During the Kovid-19 crisis, costs increased and sales declined. Last week Cara appointed an interim examiner to the pharmacy group, and the Hickes 36-strong network abandoned its independence by agreeing to take over the Dublin-listed uniform.

Cowney to bring business Brexit plan to cabinet
Amid concerns that progress in talks between the European Union and the UK could not be made, Foreign Minister Simon Cowney on Tuesday said he was preparing to bring to the cabinet a 60-page plan to prepare businesses for the non-transactional Brexit, Business Post reports.

The government is also in talks with private ferry companies on how to avoid the current important “land bridge” between Ireland and Continental Europe due to a tailback in Dover, a major UK port. The Brexit transition period in December. Contingent plans are being drawn up to place more ferries on the direct routes between Roxlair in Wexford and France.

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Kaylee’s Donnie Brook is set for a co – living project
The Business Post also reports that Dublin 4, once a mecca for Leinster rugby fans, is preparing to demolish the former key pub in Donnybrook and rebuild it into a new owners’ shared-life complex.

Developer Shane Wheeler’s Westbridge real estate bought the property last year for $ 5 million. Westridge applied for planning permission to replace the pub with a new three- and seven-story shared living complex, and the ground floor was used as a restaurant and cafe.

Dalat’s asset values ​​fell by 1 161 million during the period
Dalta Hotel Group revealed this in an interim report last week. Hotel assets fell 12 percent, or $ 161 million, to $ 1.2 billion in the first six months of this year. The Sunday Independent reports.

Evaluation training was conducted by Savils. In the first six months of 2020, Asset Rita owns lost $ 70.9 million. Dalata raised $ 94 million last Tuesday to sell new shares.

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