Skip to content

Image Caption
Image Caption
Image Caption

News

Go outdoors enters Northern Ireland Retail Market with a store at Valley Park, Newtownabbey
16/02/16

New Costa Coffee for Armagh
16/02/16

Pizza Express and Caffe Nero to open in Ballyhackamore
11/01/16

TDK Appointed On Abbey Retail Park, Newtownabbey
05/01/16

H&M open in Marshes Shopping Centre, Dundalk
23/11/2015

BNP Paribas Real Estate signs Alliance with Belfast based TDK Commercial Property Consultants
15/09/15

TDK sign Nandos up to Boucher Square
15/09/15

TDK Appointed on Valley Retail Park, Newtownabbey
26/08/15

Eds Easy Diner Belfast outlet serves up 25 new jobs
24/04/15

Poundland double up at Ann Street
09/02/15

Three new Dealz stores opening in December creating 80 jobs
15/12/14

Disposal success for Carpetright
23/07/14

Pets at Home Open in Newry
23/07/14

TDK brings COS to Wicklow Street, Dublin
10/04/14

TDK appointed letting agents on new restaurant scheme, Boucher Square, Belfast.
12/03/14

H&M post a 6% hike in annual turnover
11/02/14

New Names for Riverside Retail Park, Coleraine.
30/09/13

TDK appointed letting agents at Lisburn Leisure Park
22/01/14

Costa opens three new stores with forty new jobs in Northern Ireland
21/11/13

H&M open in Omni Shopping Centre, Santry, Dublin
21/11/13

Poundland Targets Over 1,000 Stores in Britain
04/10/13

H&M Expansion Plans
27/09/13

Dealz to open 11 new discount shops in Ireland, creating up to 300 jobs
27/09/13

Tralee outlet for Dealz
13/08/13

H&M to open in Bangor & Letterkenny
13/08/13

27th Irish Store acquired for Dealz
13/08/13

Matalan to Debut Sporting Pro in Coleraine
13/08/13

Frankie & Benny’s coming to Coleraine
02/07/12

H&M to open at The Square, Towncentre, Tallaght
21/06/12

26 new jobs as Poundland opens in town centre
26/04/12

Poundland's new stores strike gold down south
21/12/11

Over 70 jobs created at The Outlet
1st December 2011

Waitrose eyes move into Ulster retail market
30/11/11

Peter Robinson hits out at 'selfish' bids to halt shopping complexes
06/10/11

Dunelm Mill to open in Coleraine and create 50 jobs
26/09/11

Cost Plus Sofas to open in Tullamore Retail Park
03/08/11

TDK assisting Poundland to open in Ireland under Dealz fascia
02/08/11

H&M to open 11th store in Ireland
19/07/11

Versace to design iconic collection for H&M this Autumn
30/06/11

Castlecourt Shopping Centre in Belfast put up for sale
13/06/11

Tesco gets go-ahead for new Banbridge store
25/03/11

Fixed Charge Receiver Update
24/03/11

TDK appointed on Leisure Centre Disposal
16/03/11

TDK advise on disposal of warehouse site
15/03/11

TDK appointed on Haymarket Arcade as letting and management agents.
23/02/11

TDK appointed on Murrayfield Shopping Centre, Larne
16/02/11

What's in store for the economy in 2011?
11/01/11

The report on Ireland's Toxic Tiger
17/12/10

Cash boost needed for the retail sector
14/12/10

Holland & Barrett to open in Monaghan SC
26/11/10

UK's middle-class fuels Poundland expansion
24/11/10

Starplan sign up for Riverside Retail Park, Coleraine
18/10/10

Home Bargains to open in Carrickfergus
04/10/10

Santander agree deal with Riverside Retail Park
04/10/10

Netto chain bought over by grocery giant Asda
04/10/10

Recession ideal for TDK's new practice
04/10/10

Semichem appoint TDK to aqcuire more stores
04/10/10

Supermarkets and the competition commission
04/10/10

TDK appointed as managing agents on Newbay Doherty properties Retail Park portfolio
04/10/10

TDK Launch Receiver Service to Local Banks
04/10/10

Fixed charge receiver opinion piece
04/10/10

TDK on the recruitment trail
04/10/10

Castlecourt Shopping Centre in Belfast put up for sale

13/06/11

Castlecourt shopping centre in Belfast is being put up for sale.

The industry magazine Property Week has said the two owners of the centre, Westfield and Hermes, hope to get about £170m for the centre.

If the building is sold, it will break the record for the single biggest property transaction in the city.

Castlecourt contains about 350,000 sq ft of retail space and its tenants are expected to pay about £13m a year in rent.

BBC NI business editor Jim Fitzpatrick, said industry sources believe the price is a potential bargain because its owners had it on the market just two years ago for £350 million.

"The dramatic drop in price reflects the massive change in the property market generally and the Belfast retail scene in particular," he added.

"Once the landmark development, Castlecourt has had to contend with stiff competition from Victoria Square in recent years, combined with a recession which has seen shoppers spending less in the High Street."

Westfield is an Australian company which controls one of the world's largest portfolios of shopping centres. Hermes is a London-based investment company.

Our editor added that reports indicated that Westfield wanted to focus on regional centres.

"That may suggest that they will now concentrate more firepower than ever trying to get development moving at their stalled Sprucefield site where they want to build a John Lewis store and other retail units," he said.

Taken from BBC website. http://www.bbc.co.uk/news/uk-northern-ireland-13644268