Meyer Bergman and BCP snap up Nassau Street corner for €13.5m - report
Published 15/06/2016 | 09:30
London investors Meyer Bergman and Dublin-based BCP International Property Fund have agreed a deal to acquire five more Nassau Street shops for €13.5m.
According to a report in The Irish Times, the pair is looking to extend the Grafton Street-style shopping into Nassau Street.
Following the deal it brings the total number of shops owned by both parties up to 14. The consortium also now have a combined haul of 80,000 sq ft of offices in the upper floors.
In September BCP and Meyer bought the first tranche of properties in the area for €93m.
The five shops concerned in the new deal are currently generating a rent roll of nearly €700,000.