DIY chain B&Q agrees to acquire three Irish Homebase leasehold stores for €3.9m
Deal follows the collapse of the Homebase DIY and gardening chain in the UK and Ireland and will see the three shops rebranded as B&Q stores
Deal follows the collapse of the Homebase DIY and gardening chain in the UK and Ireland and will see the three shops rebranded as B&Q stores
21-24 Capel Street is fully let to Garda watchdog, and Spar owner BWG group, and is generating over €1.26m in annual rental income
Shares of the FTSE 100-listed group have fallen 11 per cent over the past year
Unseasonal weather and economic challenges blamed for first-half performance
Purchaser secures ownership of property from Aviva and Iput in the face of competition from four other parties
Kingfisher says sales in first quarter were well ahead of pre-pandemic numbers
Retail floors at 6-7 St Stephen’s Green also available to let at €875,000 a year
DIY group to raise dividend and buy back shares after profits surge to €789m
Pan European investor adds HSE, Screwfix, Clevamama and CIS to tenant line-up
Like for like sales jumped 22.5% on pre-pandemic period
B&Q owner ‘on track’ to open Screwfix outlets in State in second half of financial year
Shares in home improvement retailer Kingfisher have fallen 31% over the last year
Sales were 6.2% ahead of weak year-ago numbers in Britian and Ireland
B&Q owner reports weak quarterly sales in French chains Castorama and Brico Depot
Annual €2.3m rent roll includes weighted average lease period of 9.4 years
Group trading as B&Q in Ireland sees sales fall 2.5% on back of ‘Beast from the East’
Company has shut 65 shops and slashed 3,000 jobs in UK and Ireland since 2015
B&Q owner made an underlying pretax profit of £686 million last year
Firm planning a capital return of £600m in addition to annual dividend payments
Stores closing at Sprucefield, Ballymena, Craigavon, Derry and Belfast
DIY chain is still feeling the impact of 2013’s examinership
Company to pay a £100m special dividend as part of plans for extra shareholder rewards
Construction industry is worst affected, accounting for 68 per cent of business failures
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