£1.3Bn Northern Ireland property investment

This week has seen property development in Northern Ireland receive a boost, with the launch of £1.3Bn in investment opportunities.

Minister Garnier, on behalf of The Department for International Trade (DIT) and Invest Northern Ireland, announced new property investment opportunities at the MIPIM UK event in London.

The portfolio of exciting property investment opportunities is worth more than £1.3Bn in Northern Ireland.

The portfolio covers seven projects, including the £365M development in the Titanic Quarter, Belfast, as well as retail, residential and office opportunities within the regeneration of Weavers Cross.

The investment reflects the positive indicators coming from the NI economy, with the CBRE recently identifying Belfast as the third fastest growing office market in the world and present a wide range of opportunities for UK and international investors in a range of sectors.

Minister for Investment, Mark Garnier, said: “There has never been a better time to invest in Northern Ireland and these projects give investors the opportunity to do just that.

“As an international economic department our message is loud and clear: the UK is open for business, and we can help find the right investment for you.”

Steve Harper, Invest NI’s Executive Director for International Business, said: “We are delighted to be able to showcase Northern Ireland’s strong proposition and the genuine commercial opportunities which are currently ripe for investment in conjunction with the Department for International Trade.”

The seven projects are:

• Titanic Quarter: studios and post-production facilities as well as offices and residential
• Weavers Cross: offices, residential, hotel and retail
• Sirocco Quays: mixed use development of offices, hotel, residential, retail and leisure
• One Bankmore Square: grade A offices
• 21-2 Corporation Street: £92M hotel, offices and residential development
• Norwich Union House: c. 17,000sq m of offices, hotel and retail in the city centre
• Baptist Church: grade A offices close to the proposed new transport hub

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