Owners of independently owned units will not be impacted by process
AIB has appointed receivers to The Square Town Centre in Tallaght, with a view to complete an orderly sale of the company.
AIB has appointed receivers to The Square Town Centre in Tallaght, with a view to complete an orderly sale of the company. The appointment of Kieran Wallace and Eamonn Richardson of Interpath Advisory as joint receivers has been made with the consent and co-operation of the complex’s owner, US investment firm Oaktree Capital.The appointments of the receivers and managers will not impact any tenants or the continued operation and trading at The Square.
Hines had been selected as preferred bidder by fellow US investment firm Oaktree Capital, which put the complex on the market with a price tag of between €160 million and €170 million, Oaktree paid the National Asset Management Agency €250 million in 2019 for 90 per cent of the centre, which has 130 retail units and a 13-screen cinema distributed across 53,000 sq m of space, along with planning permission to extend and a site potentially suitable for housing.
Ireland Latest News, Ireland Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Taoiseach condemns ‘idiotic’ attack on Tallaght building earmarked for asylum seekersHarris describes attack as ‘idiotic and disgusting act of criminality’
Read more »
Defiant St Pat's end tumultuous week with 2-2 draw at TallaghtSt Pat's twice came from behind to earn a 2-2 draw with the champions at Tallaght.
Read more »
Prime south Dublin sites with residential potential for €4.75m and €2.75mReceivers seek buyers for Tallaght and Sandyford sites owned by Siobhan Quinlan’s Ravensbrook
Read more »
Garda investigation launched as shots fired at Tallaght home on SundayInvestigations are ongoing into this incident
Read more »
Gardaí investigating shooting at house in Tallaght, DublinMan and young girl at property when shot fired at front of house on Sunday night, but neither required medical attention
Read more »
Gardaí appealing for witnesses to serious assault in TallaghtA man in his 40s was attacked by two assailants in the incident that occurred in Kilcarrig Green on February 15
Read more »