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| Property Developments |
| 22/10/08 Planning Application for a new €800 million Ballymun Town Centre Submitted Treasury Holdings has today lodged a planning application to develop ‘Ballymun Town Centre’, an €800 million mixed use development in the heart of the Ballymun regeneration area in North Dublin. The proposed new town centre on a 5.9 hectare site will be the final piece in the completion of the Ballymun regeneration programme and the centrepiece of a new town with a projected population of 40,000 people. Mr. Niall Kavanagh, Director of Development at Treasury Holdings Ireland said, “This is the culmination of years of consultation and hard work with the community, Ballymun Regeneration Ltd. and Dublin City Council. We are delighted to have come this far and we expect that we can complete the development by 2012.” “The Ballymun area has changed dramatically over the past few years. The publication of the Ballymun Regeneration Completion Report, the opening of the new IKEA store in 2009 and the confirmation of the Metro north project with a station at Ballymun, together, provide an ideal environment for the progression of this development.” “A significant number of jobs will also be created through this development and these will greatly benefit the local community. 2,000 jobs will be generated during the construction phase and 8,500 direct and indirect jobs will be created once complete.” “The Ballymun Town Centre scheme has been designed as a truly sustainable open streets scheme which will become a focal point for the local community. It will provide much needed quality shopping and leisure facilities, and dramatically enhance the range of services for local residents. There will be a new Civic Square at the heart of the scheme which will cater for a host of new restaurants and cafes and a large leisure and cinema complex which will overlook this new public space,” he concluded. The development is strategically located in the heart of north Dublin and has easy access to the rail network, the airport, Dublin City Centre and the M50, M1 and M2 motorways. It is at the heart of the economic corridor between Dublin Airport and Dublin City Centre, while a Metro stop on the new Metro North line will also be integrated into the development. The station will provide access to the City Centre in 15 minutes and to Dublin Airport in 10 minutes. In addition the town centre will only be a short distance from the only IKEA store in the Republic of Ireland which is expected to attract 2 million visitors per annum. The proposed development will comprise over 60,000 sq.m of retail space, 27,883 sq.m of office space and over 11,000 sq.m of leisure facilities including an 11 screen cinema, bowling alley, family entertainment centre and a child drop in centre. Complementing 367 residential units will be; state-of-the-art civic amenities, a public library, child friendly amenities, along with car parking spaces and cycle spaces in the new town centre. Treasury Holdings has been a pioneer in the property sector, both in Ireland and internationally, identifying and capitalising on emerging trends across the globe. The company’s portfolio includes state of the art residential, commercial, retail and leisure developments in Ireland, the UK, London, Russia and China. The company has been responsible for landmark developments including the largest urban regeneration in Ireland at Spencer Dock, and the country’s first Ritz Carlton Hotel in Powerscourt, Co.Wicklow. |
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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. |
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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 Bremore Port will be designed and operated to meet
the highest environmental standards and with respect for the local
community. 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 REO’s business in Ireland is managed
by Treasury Holdings. 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: |
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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. |
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15/12/06
Real Estate Opportunities Limited 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. |
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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. |
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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. |
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Planning
Permission: Planning Permission has now been granted for this
exciting mixed development of 1,400,000 sq ft. or 130,060 sq m. |
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09/05/05
New Acquisition: 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. |
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09/05/05
New Acquisition: On the M1/R132 junction, 15 minutes north of the
city centre, comprising 156 acres of prime industrial units. |
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Newly Completed:
Overlooking the Grand Canal, this prestigious office block offer just over 100,000 sq ft. of prime accommodation. |
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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. 
Registered Number 79679 © Real Estate Opportunities Limited 2008