Thursday 29 September 2016

Whitewater shopping centre for sale with €150m price tag

Published 06/10/2015 | 10:49

Ruby Walsh and Sean Mylryan at the Whitewater Centre
Ruby Walsh and Sean Mylryan at the Whitewater Centre

The biggest shopping centre in the country outside Dublin has been put on the market for €150m.

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Whitewater Shopping Centre in Newbridge has been put up for sale by its owners Ballymore Properties and Elm Holdings.

The 27,000 sq m centre opened in 2006. It is by far the biggest regional shopping centre in the country.

It's sale comes a week after loans tied to Dundrum Town Centre and other properties sold for €1.8bn.

It is the latest regional shopping asset to come on the market. Last year the Acorn Portfolio of four centres was bought by US form Varde for €170m.

The sale was first reported by industry website CoStar.

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