McDonogh spends €72m on continental property portfolio

Property and hardware firm Thomas McDonogh & Sons is spending more than €72million acquiring three investment properties in France and Belgium.

1st August, 2009

Property and hardware firm Thomas McDonogh & Sons is spending more than €72million acquiring three investment properties in France and Belgium.

The family-owned business has entered into an agreement to purchase investment properties in the French city of Lyon, and two sites in Antwerp in Belgium. The deals are set to close in the coming months.

The company will complete the acquisitions through a newlyincorporated property firm, and the bulk of the acquisition costs...

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