US Firm bids for Eyre Square Shopping Centre

A New York-based asset management firm has reportedly made a bid for the freehold interest in the Eyre Square Shopping Centre.

According to a report in the Irish Times, the bid by Marathon Asset Management is in the region of €23 million.

The freehold interest in the centre concerns a select number of stores and areas within the shopping complex, which currently produces a rental income of more than €2 million per year, and a net return of almost nine per cent. These figures are expected to rise in future, once planned structural changes are completed.

News

US Firm bids for Eyre Square Shopping Centre

A New York-based asset management firm has reportedly made a bid for the freehold interest in the Eyre Square Shopping Centre.

What's On

Fringe Festival reading for Galway author Ní Chonchúir

Ballinasloe-based author Nuala Ní Chonchúir will read from her second novel, The Closet of Savage Mementos, tomorrow at 2pm at the Bridge Mills as part of the Galway Fringe Festival.

Property

O’Donnellan & Joyce to hold summer auction tomorrow

O’Donnellan & Joyce auctioneers will hold its summer auction tomorrow afternoon (Friday) at 3pm in the Harbour Hotel, Galway. There is a remarkable variety of properties on offer at the auction, especially throughout Galway city, with a large number of investment properties and family homes due to go under the hammer.

Sport

Galway FC to make a statement against Cobh

With two home SSE Airtricity League First Division games imminent for Galway FC, Tommy Dunne will be hoping his team can make a positive statement of intent against Cobh Ramblers at Eamonn Deacy Park tomorrow evening.

Motors

The new BMW i8 – the future of the supercar

The Frankfurt Motor Show last September heralded the arrival of BMW's most advanced sport cars ever offered for sale.

Business

Ireland ratifies the Maritime Labour Convention

Minister for Transport, Tourism and Sport, Paschal Donohoe, and the Minister for Jobs, Enterprise, and Innovation, Richard Bruton, have announced the ratification by Ireland of the Maritime Labour Convention, which sets standards for working and living conditions for seafarers.

Lifestyle

Clarinbridge goes Rustic

In the pretty town of Clarinbridge, a picturesque pub, Sherry's Bar, provides a surprising venue for Rustic Grub. Recently opened in a village already well supplied with good cafes and tea-rooms, it has hit the ground running — which says a lot about chef Maria McNeela and the ethos she has brought with her. There are very few people who could match the passion and respect that she has for food, and the menu reflects this in a variety of ways. She has found a space to showcase the best that the west has to offer and cooks in the Irish tradition — unrestrained, imaginative, and dedicated to pleasure — maternalism at its finest.

Opinion

We need to sort out our water supply

Two areas of Galway are suffering from a lack of water this week, with residents and businesses in Newcastle and two of the Aran Islands affected by restrictions and interruptions in supply.