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Madison buys 35% stake in St. Stephen’s Green Shopping Centre for €61m

Madison International Realty has acquired a 35.4% stake in St. Stephen’s Green Shopping Centre in Dublin from Irish Life Assurance for €61m.
By James Wallace
December 7, 2015 | 8:04 P.M.

Madison’s partial equity acquisition values the 250,000 sq ft, three-story shopping centre at 172.3m. Irish Life has retained a 37.6% holding in the shopping centre, with the balance continuing to be held by a private third party investor.

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News | Madison buys 35% stake in St. Stephen’s Green Shopping Centre for €61m