March 2, 2016

HWBC Advise Credit Suisse on the Purchase of Golden Island Shopping Centre, Athlone

HWBC advised their client Credit Suisse on the purchase of Golden Island Shopping Centre in Athlone.  Credit Suisse acquired the shopping centre for €43.5M reflecting a net initial yield of nearly 7%.  Golden Island is the dominant centre in the region and provides a retail offering of over 14,320 sq.m. (154,141 sq. ft.).  The scheme is anchored by Tesco & Penneys with a strong supporting lineup including Wallis, Argos, Boots and Elverys Sports.  For more on this story see here.

 

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