DevSec plans more Irish investments
British listed property fund, Development Securities, or ‘DevSec’, is staying true to its plans to continue investing in the Irish property market, as detailed in an interview with the company’s executive director Matthew Weiner in Property Plus last year.
Last week, DevSec announced it had acquired two retail investment properties, Nutgrove Retail Centre and Beacon South Quarter in Dublin for €12.8 million.
The investments suggest a net initial yield of 6.72...
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