Monday 5 December 2016

Toys R Us to lease Green REIT units

Published 27/08/2015 | 02:30

Scenes like this in Toys'R'Us in New York are set to become more common here after the company secured its first two lettings here
Scenes like this in Toys'R'Us in New York are set to become more common here after the company secured its first two lettings here

Green REIT has confirmed it has let two properties to the Irish franchise of US toystore chain Toys R Us.

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Toys R Us, have leased the remaining vacant unit at Westend Shopping Park in Blanchardstown at a rent of €325,000 per annum and the last remaining vacant unit at Parkway Retail Park at a rent of €200,000 per annum. The Westend Toys R Us unit comprises 10,000 sq ft (pluz mezzanine of 7,000 sq ft) while the Parkway unit is 17,800 sq ft.

The American based toy retailer has more than 1,500 stores across 33 countries with more than 50 stores in Britain and Northern Ireland.

Toys R Us Ireland chief executive Brian Donoghue commented: "we plan to open up 10 outlets in Ireland and we are delighted to have chosen Westend Shopping Park and Parkway Retail Park as the locations of our first two stores. These locations give us a great exposure to our consumer."

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