Construction News

20/12/2007

IDA Ireland Sell €7.8m Site To Blackrock International

IDA Ireland have sold a site in Clonshaugh, Dublin, to Blackrock International Land for a total of €7.8m.

The 3.38 acres site includes a detached facility of 42,000 square feet with 16,000 square feet of offices. The site is directly adjoined to Blackrock's existing 330,000 square feet warehouse and offices set on 30 acres.

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Blackrock said the property is well positioned to generate strong rental returns in the short term. It says that Clonshaugh is set for 'significant growth' in the near future with the planned redevelopment of the Northside Shopping Centre.

(GK/SP)

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