Record €129m sale of country’s largest industrial building

Industrial deals are creating headlines with some record prices and there is a noticeable pick-up in demand for both industrial and office space

23rd December, 2014
Record €129m sale of country’s largest industrial building

Two major deals have catapulted industrials, the Cinderella of the commercial property sector, into the lime light in recent days. The sale of Ireland’s largest industrial building for €129 million has set a new record for the most valuable Irish industrial sale ever and grossed a capital profit of €13.5 million for the owners, an investment syndicate led by KPMG.

The KPMG fund is believed to have bought the Tesco distribution centre in...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Legacy Richie Oakley 1 year ago

Newsround: What Thursday’s papers say

Legacy Leanna Byrne 6 years ago

More cycle routes, expansion of Luas to Bray and new bus network proposed

Legacy Digital Desk 6 years ago