Close Menu
Invest Intellect
    Facebook X (Twitter) Instagram
    Invest Intellect
    Facebook X (Twitter) Instagram Pinterest
    • Home
    • Commodities
    • Cryptocurrency
    • Fintech
    • Investments
    • Precious Metal
    • Property
    • Stock Market
    Invest Intellect
    Home»Investments»Legendary Windmill Lane studios part of French investment fund’s €30m property play
    Investments

    Legendary Windmill Lane studios part of French investment fund’s €30m property play

    July 14, 20243 Mins Read


    The French Transitions Europe fund has bought two high-profile Irish properties in Dublin and Galway

    The French-based Transitions Europe fund has completed the acquisition for Plantation House in Dublin city centre, where the studio has been located since 2009.

    The French fund also completed a second Irish deal, buying the landmark Citypoint building close to Eyre Square in Galway which includes a 3716 sq m TK Maxx store among its tenants

    The two properties are very dif­ferent, but Transitions Europe is an SCPI fund that, similar to Real Estate Investment Trusts (REITs), allows investors to make indirect investments in property. It specialises in diverse property investments in “dynamic economic areas” around Europe.

    The business of sole tenant Windmill Lane is not impacted by the property deal

    Previous investments by the fund, which was set up two years ago by French financial firm Crédit Mutuel-Arkea, include properties in the Netherlands and Spain.

    The ​​1,247 sq m Plantation House building was owned by Aviva Life & Pensions Ireland and had been on the market with estate agent Savills since last September with a guide price of €7.6m.

    The sole tenant of the building, Windmill Lane, whose business is not impacted by the property deal, is one of Ireland’s best-known film and TV production and content creation studios.

    In 2009, the studios relocated from their original docklands site, which was made famous by U2 and a host of other big music acts, to Plantation House on Dublin’s Herbert Street.

    Windmill Lane, which was previously reported to be paying an annual rent of €546,000 as the sole tenant in the building, carried out a major upgrade of Plantation House when it moved there in 2009, with a further refurbishment in 2022.

    The state-of-the-art studio has seen production work on everything from major TV shows such as 'The Young Offenders' and 'Love/Hate' to big movies by Jim Sheridan, Neil Jordan and Margot Robbie

    The state-of-the-art studio has seen production work on everything from major TV shows such as ‘The Young Offenders’ and ‘Love/Hate’ to big movies by Jim Sheridan, Neil Jordan and Margot Robbie

    The state-of-the-art studio has seen production work on everything from major TV shows such as comedy The Young Offenders, gangland drama Love/Hate to big movies by Jim Sheridan, Neil Jordan and Margot Robbie.

    The second Irish deal undertaken by the fund sees it take ownership of the modern, purpose-built Citypoint development in Galway city centre.

    The high-profile 7,608 sq m building was also listed by Savills and had a guide price of €21.5m.

    The building is 100pc occupied by a mix of tenants which, as well as TK Maxx, includes an aparthotel with 17 high-end one- and two-bed units run by the nearby Western Hotel, offices for multinational firm Mathworks and a Snap Fitness gym at basement level.

    Arkéa Real Estate Investment Management, which runs the Transitions Europe fund, is the real estate management company of Crédit Mutuel Arkéa.



    Source link

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Portable Retirement Gratuity Fund : 7,936 dossiers toujours en attente

    Investments

    Axiom Emerging Markets Corporate Bonds fête son premier anniversaire

    Investments

    Salt Investments finalise l’acquisition de 60 % des parts de TT Oil

    Investments

    ‘A firm I’ve never heard of has contacted me about old investments’

    Investments

    Pension investments: Six steps to follow when looking at your retirement savings

    Investments

    Selon un récent dépôt auprès de la SEC, Sei Investments Insider a vendu des actions pour une valeur de 12 006 823 dollars.

    Investments
    Leave A Reply Cancel Reply

    Top Picks
    Cryptocurrency

    ‘Crypto Czar’, Silicon Valley investors to meet Donald Trump. Big Cryptocurrency order coming soon?

    Precious Metal

    49ers’ 2024 NFL Draft class silver lining of tumultuous training camp – NBC Sports Bay Area & California

    Commodities

    Qui a dit qu’un abri de jardin en métal devait coûter une fortune ?

    Editors Picks

    Butte-Silver Bow to recount ballots from June election

    August 16, 2024

    DIRECT. Atlético – Real : surpris d’entrée, les Merengue et Mbappé en grand danger, suivez le match

    March 12, 2025

    New Cryptocurrency Releases, Listings, & Presales Today – Infinity AI, Powerloom, Hivello

    February 18, 2025

    Trump lance une “Gold Card” pour attirer les investisseurs étrangers, y compris les oligarques russes

    February 25, 2025
    What's Hot

    Is Long-Term Care Insurance Worth the Money?

    July 12, 2024

    Emergency Commodity Assistance Program (ECAP): What you Need to Know | Market Intel

    March 27, 2025

    UK Nest pension fund says pledge to invest 30% in private markets ‘not guaranteed’

    March 26, 2025
    Our Picks

    Some good upcoming dividend stocks to add to your portfolio

    October 22, 2024

    Top 15 Ways to Earn Passive Income Through Cryptocurrency in 2024

    October 10, 2024

    Les Enfantillages metal d’Aldebert – ici

    March 10, 2025
    Weekly Top

    Axiom Emerging Markets Corporate Bonds fête son premier anniversaire

    June 2, 2025

    Egypt’s agricultural exports surpass 4.8mln tons in 5 months

    June 2, 2025

    How the AI rush is reshaping electric utilities

    June 2, 2025
    Editor's Pick

    Digital Currency Conference coming soon to Bangkok

    May 5, 2025

    Baisse alors que les importations européennes de GNL devraient augmenter Par Investing.com

    January 21, 2025

    Implementing Artificial Intelligence for High-Frequency Trading in the Cryptocurrency Market – Blockchain News, Opinion, TV and Jobs

    August 10, 2024
    © 2025 Invest Intellect
    • Contact us
    • Privacy Policy
    • Terms and Conditions

    Type above and press Enter to search. Press Esc to cancel.