Northwest Logistics Park units sold for €47.9m

Sale demonstrates attractiveness of ideally located facility to occupiers and investors

Park Developments has agreed the sale of a portfolio of prime logistics units at Northwest Logistics Park to a fund managed by Savills Investment Management

Park Developments has agreed the sale of a portfolio of prime logistics units at Northwest Logistics Park to a fund managed by Savills Investment Management (Savills IM) for a price in the region of €47.9 million.

The portfolio comprises four modern, high-spec buildings extending to over 22,483 square metres in total and let on long-term leases.

Northwest Logistics Park is one of Dublin’s premier logistics locations, ideally positioned convenient to the M50, Dublin International Airport, ...