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
Cantor to buy Co Meath retail park for €21.5m
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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