Goldman Sachs is reported to have appointed real estate investment bank Eastdil Secured and CBRE to find a buyer for Blanchardstown Centre. The shopping centre is expected to have a guide price of between €650m to €725, according to a story first reported by the Irish Times. Blanchardstown Centre, which spans around 112,000 sq m, has 180 stores. Anchor tenants include Penneys and Marks & Spencer. Last month, Nike also opened a new concept store at the centre.Goldman Sachs acquired the shopping centre, as well as two adjacent retail parks, external retail units and a five-storey office block, in December 2020 in a deal worth €750m. At the time, it described the centre as an “excellent asset in a prime location with a very strong mix of high-quality retailers.”
Read the full article @ The Irish Independent
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