Tag: Development Securities

Mixed Use Scheme planned following Dev Secs Dublin accquisition

Posted on 23 July, 2015 by Chris Grigorovsky under Commercial Developments, Commercial Sales and Lets

Following last week’s announcement that Union Investment has committed to fund the Burlington House scheme in Dublin, Development Securities has confirmed that it has acquired the Avid building in Sandyford for €6 million (£4.2), at a net initial yield... Read More

Union Investment commits to fund Dublin Office Scheme

Posted on 15 July, 2015 by Chris Grigorovsky under Commercial Developments

Union Investment has announced that it has committed to the funding of Burlington House, the largest speculative prime office development in Dublin city centre. The Burlington House site, which was formerly occupied by a 1970s office building until its... Read More

Development Securities completes Double Irish Retail acquisition

Posted on 9 June, 2015 by Kirsten Kennedy under Commercial Sales and Lets

Development Securities has completed the purchase of two retail investment assets, with joint venture partners Clarendon Properties, in a €12.8 million deal. The latest additions to the Development Securities portfolio, Nutgrove Retail Centre and... Read More

Development Securities reports Record Annual Profits

Posted on 29 April, 2015 by Kirsten Kennedy under Business News

Development Securities has reported a record level of pre-tax profit in its preliminary results which were published today. The property development and investment company - which has more than 4 million sq ft of regeneration and development projects... Read More

Morrisons sells non-food interest in Killingworth Centre

Posted on 2 February, 2015 by Cliff Goodwin under Commercial Sales and Lets

Development Securities has used the profit from an investment portfolio to acquire the non-food element of a North-East shopping centre. The London-based company paid more than £19m to acquire a 185,000 sq ft share of The Killingworth Centre from supermarket... Read More