Saturday December 7, 2019

Cantor to buy Co Meath retail park for €21.5m

The investment firm will acquire 13,000 square metres of retail space outside Navan

24th November, 2019
US firm Cantor is run in Ireland by financier Ronan Reid

Investment firm Cantor Fitzgerald is set to acquire Blackwater Retail Park for €21.5 million on behalf of a group of private clients.

Retail developer Eamonn Duignan’s Lexeme Properties is advising on the deal, which is being done through a tax-efficient QIAIF (qualifying investor alternative investment fund) vehicle, according to the investor prospectus.

The Co Meath retail park is being sold by Elliott & Co in an unleveraged debt-free transaction.

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