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Irish eye up Oxford Street
Aine Coffey



A STRETCH of prime property in London's Oxford Street put on the market by the Pru insurance company at a price tag of more than £125m ( 179m) is expected to attract keen interest from Irish investors seeking out increasingly scarce British acquisition opportunities.

The insurer has appointed Cushman & Wakefield Healy & Baker to market the freehold island block.

Among those set to run the rule over the property will be Dublin's Quinlan Private, Anglo Irish Bank and Howard Holdings, property sources said. CB Richard Ellis last week predicted that Irish investors will spend 9bn on commercial property this year.




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