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Despite
recent interest rate increases the general view is that the
Irish property market will continue to perform
strongly supported by positive economic conditions and continued
economic growth. 
Ray Horney, Chairman's Interim Statement 2007. |
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20/06/08
Launch of Masterplan for Battersea Power Station
The Board of Real Estate Opportunities Limited is pleased to announce
the launch of the masterplan for Battersea Power Station. Below is
the press release which will be issued at the official launch.
Battersea Power Station is reborn! Real
Estate Opportunities Limited (“REO”), a London listed
property company, today launched its new vision and masterplan for
Battersea Power Station.
The iconic Battersea Power Station is to be brought back to life in the most
advanced sustainable development ever to be built in this country.
Click here for full details
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15/01/08
International Partner Chosen to plan Ireland’s new deepwater
Port at Bremore
Bremore Ireland Port Ltd, the joint venture between
Drogheda Port Company and Castle Market Holdings Limited, announces
today that it has signed a Memorandum of Understanding with a wholly
owned subsidiary of Hutchison Port Holdings (“HPH”)
to develop a Port Master Plan for the new €300 million deepwater
port at Bremore in north County Dublin.
The signing paves the way for the next phase in
the development of the deepest port on the east coast of Ireland.
Bremore Ireland Port hopes to be in a position to submit a full
planning application in the next 12 months.
The development of Bremore is a strategic response
to the impending deficit in port capacity not only at Drogheda Port
but also on the whole of the east coast of Ireland. The new deepwater
port
will provide additional choice to Ireland’s importers and
exporters, and accommodate new short sea shipping services to the
United Kingdom, Europe, Scandinavia and the Baltic States.
Bremore Port will be designed and operated to meet
the highest environmental standards and with respect for the local
community.
Bremore Ireland Port Limited is a joint venture partnership between
Drogheda Port Company and Castle Market Holdings Limited, a wholly
owned subsidiary of Real Estate Opportunities Limited. REO is managed
by Treasury Holdings.
HPH is the world’s leading port investor,
developer and operator with interests in a total of 292 berths in
46 ports, spanning 23 countries throughout Asia, the Middle East,
Africa, Europe and the Americas. |
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08/11/07
Ireland’s new deep-water Port at Bremore to proceed
Drogheda Port Company have confirmed that Castle
Market Holdings Limited (“Castle Market”), a wholly
owned subsidiary of Real Estate Opportunities Limited (“REO”)
, is their selected JV partner in the development of Ireland’s
new deep-water Port at Bremore following an open tender process.
The parties have signed an Agreement which will allow the Bremore
port development to proceed. The next step, the appointment of consultants
to prepare the Port Master Plan, is already well underway.
REO’s business in Ireland is managed
by Treasury Holdings.
Bremore Ireland Port, located between Dublin and Drogheda, is one
of the most exciting infrastructure projects to be undertaken in
Ireland in decades. Drogheda Port Company began the development
in 2002 as a strategic response to the impending deficit in port
capacity not only at Drogheda Port but also on the East Coast of
Ireland. Current estimates of its total development costs are in
the order of €300 million.
In recent years Ireland has experienced record
levels of economic growth, which has resulted in increased freight
volumes passing through the country’s East Coast ports. This
rapid growth has caused congestion and highlighted the need for
substantial additional capacity. |
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18/07/07
Core Technical Team appointed
REO announces the appointment of the core technical
team to augment Rafael Viñoly Architects PC as masterplanners
to the development of Battersea Power Station.
The core technical team are:
• Structural Engineers: Buro Happold
• Mechanical & Electrical Engineering: Roger Preston &
Partners
• Transport: Stear Davis Gleave
• Cost consultancy: Davis Langdon
• Landscape & Public Realm: Hylands Edgar Driver
• Sustainability: Battle McCarthy
• Planning: DB9
Click here for full details |
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04/04/07
Masterplanner Appointed For Battersea Power Station Site
REO announces that Rafael Viñoly Architects
PC (“Viñoly”) has been appointed masterplanner
to the Battersea Power Station Site (“the Site”). The
appointment follows a detailed selection process during which a
shortlist of world renowned architects were asked to present approaches
to working with Treasury Holdings and REO to replan the site.
REO completed the purchase of the 38 acre site
in December 2006. In February the Company determined that the current
masterplan did not fully respond to contemporary market conditions,
nor did it optimise the site’s potential. Rafael Viñoly
has now been charged with developing a masterplan aimed at ensuring
that the site becomes an intrinsic, sustainable district of London,
in keeping with its immediate surroundings.
Click here for full details |
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15/12/06
Real Estate Opportunities Limited
Selected as Preferred Development Partner for Bremore Ireland Port
The Board of Real Estate Opportunities Limited (“REO”)
is pleased to announce that Drogheda Port Company has selected a
consortium led by Castle Market Holdings, a wholly owned subsidiary
of REO, as preferred bidder as joint venture partner to codevelop
a new deep-water port on Ireland’s east coast.
As Europe's fastest growing economy, has seen its
east coast ports grow freight volumes at 6.5% per annum over the
last 15 years. This rapid growth has resulted in congestion and
created a need for substantial additional capacity over the coming
decade.
Bremore Port will be the most modern, efficient and
strategically located port operating on the island of Ireland. The
project will be one of Ireland's largest and most vital infrastructure
projects in the next few years.
Bremore is located within the Greater Dublin
Area, just north of the town of Balbriggan, adjacent to the M1 Motorway
and 32 km from the heart of Dublin city.
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30/11/06
Acquisition of Battersea Power Station and surrounding lands
The Board of Real Estate Opportunities Limited (“REO”
or “the Company”) announces that REO has exchanged contracts
to purchase Battersea Power Station and its surrounding lands in
London (“the Site”) from Oriental Property Limited (“Oriental”),
a company owned by the Hwang family which also controls 100% of
Parkview International London plc. The Site, which covers 38 acres
(of which six acres comprise the Power Station) is set alongside
380 metres of riverside frontage within the London Borough of Wandsworth.
REO will acquire 100 per cent. of the equity in the companies that
hold freehold title to the Site.
Click here for full details
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23/08/06
Stillorgan planning consent
An Bord Pleanála, the Republic of Ireland’s
planning appeals authority granted planning permission for the redevelopment
of Stillorgan Shopping Centre to a wholly owned subsidiary of Real
Estate Opportunities Limited (“REO”) on 22 August 2006.
Right: a computer image of the redeveloped centre.
Click here for full details
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22/09/05
Planning Permission for the Blake’s Restaurant Development
Real Estate Opportunities is delighted to announce
that it has been granted full permission to develop a mixed-use
residential and commercial complex in Stillorgan, Co. Dublin.
Click here for full details |
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Planning
Permission:
Ballymun Shopping Centre, Dublin
Planning Permission has now been granted for this
exciting mixed development of 1,400,000 sq ft. or 130,060 sq m.
Click here for full details |
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09/05/05
New Acquisition:
35 Barrow Street, Dublin
60,000 sq ft. of city centre office space near completion.
Plus 21,000 sq ft office space in a converted warehouse, a 'factory'
style building for further development and other land.
Click here for full details |
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09/05/05
New Acquisition:
M1 Business Park, Balbriggan, Co. Dublin
On the M1/R132 junction, 15 minutes north of the
city centre, comprising 156 acres of prime industrial units.
Click here for full details |
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Newly Completed:
Mespil Road, Dublin
Overlooking the Grand Canal, this prestigious office
block offer just over 100,000 sq ft. of prime accommodation.
Click here for full details
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We can anticipate a high degree of activity in relation to our
development portfolio in terms of bringing projects through
the planning process and initiating development activity.  |
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