The joint venture set up by Dublin-based Blackrock International Land and Lagan Developments of Northern Ireland is set to start construction of its new 16,000 m[sup]2[/sup] Navan Retail Park on its 11.6-hectare site in Navan, 50 km outside Dublin. The project is expected to cost more than EUR 70 mln.
Empira Group, the €9bn AUM Swiss-based real estate investment company, has raised over $120 mln so far towards a $600 mln (€558 mln) fund target for a US vehicle.
