15/02/2012

Castle Court Shopping Mall Sold

The Castle Court shopping mall in Belfast has been sold to Hermes.

The Hermes property fund already had half a share in the mall, however it has now taken full control following a deal with Australian company Westfield.
News Image
Before the Northern Ireland property slump the centre was valued at approximately £350 million.

It is now believed to be worth less than half of that.

(CD/GK)

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