Columbus Capital is in exclusive talks to buy the Metquarter shopping centre in Liverpool for close to £21.2m – an 8.5% yield.
The price is less than a quarter of the £87m paid for the 133,000 sq ft mall in 2007 by vendors Alanis Capital, the investment vehicle of the Dublin-based McCormack family, and the Irish Bank Resolution Corporation.
Savills is advising Alanis Capital/IBRC; Lunson Mitchenall is acting for Columbus.
