Limerick’s highly successful City East Retail Park is expected to be of interest to a range of investment funds when it goes for sale today by private treaty. The extensive park is located on the Ballysimon Road just off the M7 motorway and 4km southeast of Limerick city. The same area has a number of other notable business centres, including Garryglass Industrial Estate, DeltaRetail Park, Eastway Business Park and East Point Retail Park. City East produces secure long-term income with a weighted average lease period to run of 9.4 years. The impressive tenant line-up includes B&Q, Harvey Norman, Halfords, Home Store +More, EZ Living, Home Savers and Maxi Zoo.

Source: The Irish Times September 05, 2018 04:15 UTC