Dundalk Retail Park is sold for eye opening price
The park extends to 22,389 sq m (241,000 sq ft) and is anchored by Woodies DIY & Homestore & More.
Catella APAM (“APAM”), the specialist UK & Ireland real estate asset manager, has announced the sale of Dundalk Retail Park for €25M on behalf of Chandos.
The property is located on the Dublin Road close to Dundalk town centre and the M1 Motorway.
The park extends to 22,389 sq m (241,000 sq ft) and is anchored by Woodies DIY & Homestore & More.
The retail park has over 15 retailers catering for all means of home improvements, gardening, electrical, sports and food offers and also includes the Omniplex Cinema complex and on site free parking for over 1000 cars.
Conor O Gallagher, Director and Head of Catella APAM Ireland commented on the sale, saying:
“Having taken over the role of Asset Manager to the Chandos portfolio of 8 centres, in June 2022, we are delighted to have already achieved the sale of Dundalk Retail Park for €25M which is a strong result for our client and underlines the strength and depth of buyers for well-located and professionally managed retail parks in Ireland.”