Cairn is seeking a buyer for the seven-and-a-half acre Butterly Business Park in Artane, Dublin 5, where the anchor tenants are Lidl, Mr Price, and Maxol/Centra. Cairn is seeking a buyer for the seven-and-a-half acre Butterly Business Park in Artane, Dublin 5, where the anchor tenants are Lidl, Mr Price, and Maxol/Centra. Butterly Business Park is currently producing a gross rent of approximately €1.4m a year from a mix of retail, leisure, office and storage. The overall property extends to approximately 160,000 sq ft (14,865 sq m) on a site of approximately 7.4 acres. Retail tenants pay 63pc of total rents, led by Lidl's €500,000 a year, and followed by Mr Price on €185,000 and Centra/Musgrave on €165,000.

Source: Irish Independent April 17, 2019 01:30 UTC