Re: Re: well what about the developments popping up in the shannonside ?

Home Forums Ireland well what about the developments popping up in the shannonside ? Re: Re: well what about the developments popping up in the shannonside ?

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dave123
Participant

thanks for the pics Hailtothechimp! a great asset to the thread!
The view from the river looking towards the Clarion and riverpoint in view is awesome!
I have a query, on the cranes behind the riverpoint , near a city centre location, just wondering would u know what dev. is going up there?

just found this on the Independant.
Limerick deal realises €10.8m
Wednesday August 31st 2005

COLLIERS Jackson-Stops has sold Sarsfield Hall in Limerick city for over €10.8m. The deal reflects a net yield of under 4%, setting a new level for prime retail in the city.

The mixed retail and residential investment, with the shops let to Roches Stores on new long leases, was sold prior to auction. The property is in a prime retail location at the junction of O’Connell Street and William Street, Limerick’s main shopping thoroughfare.

Jonathan Hillyer, head of Investment at Colliers Jackson-Stops, remarked there was a huge amount of interest from all over the country and there will be several disappointed parties. The buyer was a Munster based investor who was willing to act quickly at a very attractive level prior to auction.

“This shows the continuing strength of the retail investment market in Ireland and in particular Limerick, which on top of significant rental growth over the last few years, has a very positive outlook going forward

Is the vacant units on sarsfield/liddy st? anyone know what kind of investment comming up in this sale?

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