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Westmeath Shopping Centre Set For €35M Takeover

A fund managed by Davy Real Estate is behind the move.

A Westmeath Shopping Centre could be set for a €35m takeover. 

Athlone's Gold Island property is currently owned by Credit Suisse and has been on the market since May. 

A fund managed by Davy Real Estate is now set to meet the asking price for the 23 year old building. 

The sale would represent a €8.5m loss for the Swiss investment firm - which bought the centre from Tesco in 2016.

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