Anglo Irish Bank Private Banking and Alanis Capital have bought the 135,626 sq ft Metquarter shopping centre in
The scheme comprises 44 shops let to 40 tenants including Armani, Coast and Hugo Boss, with the majority of leases for a minimum term of 10 years.
The shopping centre was developed in joint venture by Milligan and Richardson, and opened in March 2006.
Milligan founder John Milligan said: “The decision to sell has not been an easy one for us, as we’ve collaborated closely with so many partners in
“With this in mind, I’m very keen that Milligan maintains its connection to this great city in the coming years.”
The purchasers were advised by HWBC and Savills, with Savills retained as agent. Milligan/Richardson were advised by Stockford Staunton.