Liffey Valley shopping centre ‘in talks’ to sell

The main owner of Liffey Valley Shopping Centre is reported to be in talks to sell its stake in the shopping centre to a global property giant.

Liffey Valley is home to dozens of retailers including Dunnes Stores to Eason, Carraig Donn and Eddie Rockets.

At a half a million square feet it is the fourth biggest retail centre in Dublin.

Global property giant Hines is understood to be in talks to the buy a 73pc stake in the shopping centre owned by Aviva Investors.

The other shareholder in Liffey Valley is Grosvenor Group. Its owned by the Duke of Westminster, Britain’s richest man.

An earlier attempt to sell Liffey Valley for a reported €350m in 2011 came to nothing.

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Posted on October 15, 2013, in Other. Bookmark the permalink. Leave a comment.

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