15th Jul 2015 08:06
LONDON (Alliance News) - Development Securities PLC on Wednesday said it has secured financing to back the development of the Burlington House office building in Dublin.
Union Investment has committed to forward fund the development of the building, which Development Securities acquired in June 2014.
The building is located on Burlington Road in the commercial district of Dublin.
"We are delighted to be joining forces once again with Union Investment along with our partners John Ronan, Patrick McKillen and Colony Capital and to be continuing to build our track record in the delivery of high quality office-led developments," said Development Securities Chief Executive Matthew Weiner.
Shares in Development Securities were down 0.1% to 280.00 pence on Wednesday morning.
By Sam Unsted; [email protected]; @SamUAtAlliance
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