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Northern Ireland
Welcome to Northern Ireland's property coverage at PropertyWeek.com, bringing you all the latest news and views across the country and from Belfast.Northern Ireland
Henderson's last-minute spending spree
Henderson Global Investors sealed close to £60m in retail deals during the final months of 2011, including the £31.9m purchase of Almondvale Retail Park, in Livingston (pictured).
Medicx takes prophylactic approach to leasebacks
Healthcare property investor Medicx has completed its first transactions since a £55m capital raising
Green Property to head up €1bn Lloyds’ Irish workout vehicle
Lloyds Banking Group has signed an agreement with Stephen Vernon’s Green Property Group to asset manage around €1bn of distressed Irish property loans.
AIB sells landmark US loans
Allied Irish Bank has agreed to sell a portfolio of around $1bn of US commercial property loans to private equity group Blackstone and US bank Wells Fargo
Belfast firms merge
Belfast-based Knight & Co merged with McConnell Chartered Surveyors on 1 May. Shaun Wallace, principal of Knight & Co, joins McConnells as an associate director. He and colleague Andrew Agnew will continue to trade as McConnell Chartered Surveyors.
CBRE Investors buys Belfast M&S
CBRE Investors has bought an 83,000 sq ft Marks & Spencer store in Belfast city centre for £8.75m.
Pumphrey brings experience to Mayfair Capital
Mayfair Capital Investment Management has appointed Ned Pumphrey as investment director and head of transactions
Occupiers are scarce at Belfast’s landmark office hub
Developers are within weeks of completing Belfast’s four landmark office buildings on the banks of the River Lagan (see table) — without a tenant in sight
Mar Properties’ UK-wide hat-trick
Bangor-based Mar Properties is to create the UK’s largest TK Maxx of 70,000 sq ft at 36-48 Argyle Street in Glasgow
Decathlon sister Koodza limbers up for debut
Koodza, the sister company of French sportswear and equipment retailer Decathlon, is to make its UK debut this spring
Decathlon races to Northern Ireland
French sports retailer Decathlon is to open its first store in Northern Ireland
Regional shopping centres scare off nervous investors
Addington Capital pulls out of Birkenhead malls purchase, as Belfast’s CastleCourt bidders baulk at price
Belfast centre joins retail sale
Westfield and Hermes to offload CastleCourt; further deals in Redditch and Corby bring total to £400m
Housebuilder Carvill in administration
Northern Irish housebuilder Carvill has been put into administration.
SWIP buys £48m Northern Ireland retail park
Scottish Widows Investment Partnership (SWIP) has bought a Northern Ireland retail park for £48m.
Metric makes £28.4m debut purchase
Metric Property Investments has bought its first property following its £190m flotation on the London Stock Exchange in March.
Westfield Lisburn inquiry to begin in June
Northern Ireland’s Planning Appeals Commission opens the public inquiry into Westfield’s development of John Lewis and 19 other stores at Sprucefield, Lisburn, on 7 June
Deramore on site for Edinburgh’s Princes Street redevelopment
Belfast-based developer Deramore Property Group is on site with its £35m hotel development on Edinburgh’s Princes Street.
Republic enters Northern Ireland
UK fashion retailer Republic is entering the Northern Irish retail market.
Chopstix woks up to Bluewater
Noodle bar Chopstix is to open in Kent’s Bluewater as part of a strategy to double its portfolio over the next two years
