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Derry office investment acquired

Conway Group have just completed the purchase of a 22,000 sq ft office investment at Belt Road, Derry. The office scheme is located on a 1.4 acre site, and is currently occupied in its entirety by Northern Ireland Water & benefits from 60 on site car park spaces.

Commenting on the latest acquisition, Des Taggart, Property Manager for Conway Group said, “We are delighted to have secured such a well located asset, which provides secure rental income from a strong NI utility company, but also provides alternative development opportunities, in the medium to long term, including possible healthcare and housing uses on the site”

The Belt Road property is strategically well located opposite Altnagelvin Hospital, which is easily accessible to all parts of the city.

Wednesday, July 4th, 2012