The planned â¬135 million expansion of Liffey Valley shopping centre in Dublin âis wholly unsustainableâ, planning consultants acting for The Square in Tallaght have warned in an appeal against permission for the project.
The consultants said the plan represented âa continuation of an outdated car-based 1980s-style mall templateâ.
The Square Management Ltdâs appeal against South Dublin County Councilâs decision to allow the large extension has been lodged with An Bord Pleanála.
Liffey Valley owner, US investment group Hines, is planning a mixed leisure, entertainment and retail extension to the shopping centre that is to be centred on a large public plaza, creating a new east-west street at the centre.
BVK Acquires 4 Offices in Germany
Posted on 05/04/2021
Bayerische Versorgungskammer (BVK) through Quest Funds and Universal-Investment acquired four office properties located in Berlin, Hamburg, Frankfurt, and Munich. The 25,000 square meter office portfolio called “Urban Office RE” will be part of a fund managed by Universal-Investment. The properties were acquired by the Quest Group in recent years and specifically developed to reach portfolio quality. The seller is Quest Group.
Quest Funds acts as investment and asset manager of the portfolio.
Office Assets
Hotel Hohenzollern Office
Fritz
Advisors
The buyer received legal advice from Pinsent Masons and commercial advice from EY Real Estate.
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Macquarie Asset Management completes acquisition of €190 million Polish logistics real estate portfolio on behalf of BVK
Macquarie Asset Management has acquired the final asset in a €190 million logistics real estate portfolio in Poland on behalf of Bayerische Versorgungskammer (“BVK”), Germany’s largest pension fund.
The 276,000 sqm portfolio is comprised of 12 modern logistics facilities at the Hillwood Marki, 7R Park Kokotow, and 7R Park Tczew logistics parks in Warsaw, Kraków, and Tricity. The portfolio was acquired in several stages from 2019 with the acquisition of its final asset, the 21,500 sqm Building C at the Hillwood Marki Logistics Park, closing this month.
Hines gets approval for €135m Liffey Valley extension
Updated / Tuesday, 13 Apr 2021
21:15
The proposed extension is to be anchored by two large retail units to either side of the public plaza
Property group, Hines has secured planning permission for a €135 million major extension to the Liffey Valley Centre in Dublin.
South Dublin County Council has granted permission for the shopping centre extension in spite of trenchant opposition to the plan from the operator of a rival shopping centre, The Square in Tallaght.
According to Hines, the new plan is to provide a contemporary mixed leisure, entertainment and retail extension to Liffey Valley that is to be centred around a new landmark feature, a large public plaza and creating a new East-West street at the centre.
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