Eastwood Property Group, the Irish company run by millionaire bookmaker and former boxing promoter Barney Eastwood, has bought three retail investments for £100m.
The family firm has bought two Debenhams outlets in Leeds and Norwich and a WH Smith and Clinton Cards building in Cardiff.
The Norwich Debenhams was bought for £20m, the Leeds property cost £50m and the WH Smith/Clinton Cards shops in Cardiff's Queen Street went for £30m.
Joint selling agents for the three properties, King Sturge and CB Richard Ellis said the stores were in prime positions and attracted strong interest from rival investors. Yields are expected to range from 3.75% to 4.25% before upcoming rent reviews.
Eastwood has an extensive commercial property portfolio that includes interests throughout the UK and Ireland. These include the Tower shopping centre in Ballymena, office space in Belfast and retail properties in Scotland, England and Wales.
Its most recent development is the £250m Castlebawn scheme in Newtownards in Northern Ireland.