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ING gives Ballymac shoppers an Italian flavour



ING Real Estate Development has added leading Italian fashion accessories brand Mandarina Duck and luxury Italian menswear retailer Basile to the tenant line-up for the 15,487 sq m (166,705 square foot) Ballymac shopping outlet in Dundalk.

The two companies join Next, which is anchoring one end of the mall.

Mandarina Duck is to take a 93 sq m (1000 sq ft) unit while Basile will take a 155 sq m (1670 sq ft) unit.

Other recent signings for the centre include Antler, Paper Mill, and Book Depot, with 40% of the space on the 60 million scheme now let.

Construction work is scheduled to start in the next few months with June next year pencilled in as the opening date.

The project is fully funded by ING Real Estate, which has developed a number of schemes in the UK, Spain, Holland and Australia. It will feature 80 retail units, three major anchors, cafes, creche facilities, parking for 1,240 cars and will be the largest of any factory outlet on the island.

"These signings highlight the strength of being in a Euro-zone country because we can attract leading European brands who would not consider the UK, " says Ben Rainford, managing director of ING Real Estate.

Ballymac Shopping Outlet has been designed by S&P Architects, responsible for 25 factory outlets throughout Europe including the Cheshire Oaks, Swindon, York and Ashford centres in the UK.




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