A Northern Ireland property firm is in talks to buy the CastleCourt shopping centre in Belfast, it has been reported.
Wirefox, which is run by BJ Eastwood, the grandson of former bookmaker Barney Eastwood – is understood to be eyeing up the city centre retail site, according to CoStar News. CastleCourt has been owned by Hermes property fund since 2012. A spokesman for Wirefox said it does not comment on “speculation and rumour”.
CastleCourt was not available for comment.
The company underwent a rebrand in 2015 after 25 years in business.
CastleCourt, which houses Debenhams and Gap among other stores, revamped its signage and underwent a centre rebrand in a bid to give a fresh look to the Royal Avenue retail stalwart, which has been somewhat overshadowed since the opening of nearby Victoria Square.
The articles are for information purposes only and Invest for Property shall not be held responsible for any errors, omissions or inaccuracies within it. Any rules or regulations mentioned within the website are those relevant at the time of publication and may not be the most up-to-date.
Invest for Property does not endorse any of the products or services that appear on it or are linked to it and are not liable for any action that you may take as a result of the content of this website, or losses or damage you may incur doing so.
There is no obligation to purchase anything but, if you decide to do so, you are strongly advised to consult a professional adviser before making any investment decisions.
Please remember that investments of any type may rise or fall and past performance does not guarantee future performance in respect of income or capital growth; you may not get back the amount you invested.