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Boucher Road retail park goes on the market for £19.7m Shane Retail Park in Belfast was last sold in 2014 for around £30m. It s new asking price is just under £20m. Ryan McAleer 27 April, 2021 01:00
ONE of Belfast s busiest retail parks has gone on the for the market for £19.7 million amid a spike in investment interest in large Northern Ireland shopping assets.
Shane Retail Park includes a 50,000 sq ft Homebase store and a major Smyths Toys outlet.
It comes just days after Manchester-based David Samuel Properties bought Lisnagelvin Retail Park in Derry for £9.7m.
The UK-Israeli investment group has splashed almost £60m on three retail ventures in the north in the past 18 months.
The CBRE Northern Ireland team of Gerard McCann, Brian Lavery and Robert Ditty. Picture: Matt Mackey/PressEye 23 February, 2021 01:00
FOLLOWING the recent management buy-out of CBRE s Belfast office from CBRE UK, the Northern Ireland management team says it is looking ahead to future growth.
Led by Brian Lavery, Robert Ditty and Gerard McCann, the new structure, which took effect on January 1, will allow for increased operational flexibility.
Brian Lavery, managing director at CBRE Northern Ireland, said: “We are pleased that this restructuring will give us more autonomy over the running of our Northern Ireland business whilst at the same time retaining the benefits of remaining part of the world s largest commercial real estate consultancy, with all of the resources and research at its disposal.