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Displaying items by tag: Boardwalk: Cork's 'City Quarter'

#CityQuarter - In a deal worth up to €14m writes The Irish Examiner, is to be signed in the coming days on a remaining investment — including the Boardwalk bar and restaurant — at Cork city’s seminal City Quarter.

It went to market for Nama in September 2016, guiding €14.5 million.

The investment offer, including remaining 38,000 sq ft of offices, basement car parking and ground floor space at the €100m City Quarter, is close to being bought in one single lot, according to sources. It has an income of €654,000 with scope to double that to €1.33m, according to Savills.

It’s understood that one investor is behind the impending deal, and when concluded, it may involve a re-sale or sub-sale as well as leases of several of the key components.

Click here for more on the deal at the site which Afloat adds is directly opposite to Ardmore Shipping Corporation's 'Irish' office on Albert Quay.

The Bermuda headquartered corporation of a product/chemical tanker fleet, relocated last summer its principle operating office to Cork City from the suburb of Mahon downriver.

Last month several key appointments were made by Ardmore to their offices in Singapore and Houston, USA.

Published in Waterfront Property

About the RS21 International One Design Class

The RS21 International One Design Class is a modern keelboat, which promoters say is 'responsibly designed with performance racing at its heart'.

The powerful rig and distinct chines are balanced by well-mannered boat handling and an ergonomic deck layout to ensure everyone on board has a vital role and ease of use.

The RS21 was developed with sustainability at the core of its design, not only in terms of materials but also considering the carbon footprint in the supply chain, a reduction in single-use plastics and a focus on efficient logistics.

The RS21 International One Design Class is growing from strength to strength, with fleets active over three continents and racing calendars that escalate each year, nationally and internationally. "Removing the arms race and ensuring epically close racing in the RS21 is the future of keelboat racing," said class aficionados.