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NI shopping centre snapped up for £22m

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Tue, Apr 30, 2024 09:50 AM

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It's the latest big acquisition for Michael Herbert Tuesday, 30 April 2024 -------------------------

It's the latest big acquisition for Michael Herbert [Belfast Telegraph]( Tuesday, 30 April 2024 [Weekly Business Digest]( --------------------------------------------------------------- [premium] [Exclusive: NI property group snaps up Co Down shopping centre for £22m](   [Margaret Canning] Margaret Canning Business Editor Welcome to this week's Business Telegraph. Today, we reveal another big acquisition for Herbert Property Group as [Michael and Lesley Herbert snap up Bloomfield Shopping Centre and Retail Park]( in Bangor. It's been another strong year for W&R Barnett, with its [sales increasing to £2.8bn](. Northern Ireland households are [spending record amounts on groceries]( as food inflation remains "exceptionally high," a report says. And as the Belfast Telegraph Business Awards in partnership with Ulster Bank take place on Thursday, we talk to Mark Crimmins, its head in Northern Ireland, about an [uplift in business from the newly-formed Executive](. In other awards news, we publish the [shortlist in the Belfast Telegraph Grocer Awards]( online and in the newspaper today. Thank you and see you next week, Margaret Top Stories [Family company and Northern Ireland industry giant W&R Barnett sees sales rise to £1.8bn](   [Grocery spend in NI hits all-time high as households fork out £6k a year](   [Grocer Marketing Awards 2024 shortlist announced](   [US tech firm adds 30 new jobs after expanding Belfast hub](   [premium] [It’s a family thing: Third generation of Fitzpatricks conquer famous castle hotel](   --------------------------------------------------------------- ADVERTISMENT --------------------------------------------------------------- Big Interview [‘There is still value to the Ulster Bank brand here,’ says NI chief](   Opinion [premium] [Stormont gets a Budget but fiscal whack-a-mole will only continue](   And Finally... [premium] [Co Down home of late business tycoon hits market with offers around £2.85m](   What do you think of this email? [Positive]( [Negative]( [belfasttelegraph]( [Follow us on Twitter]( [Follow us on Facebook]( This email is from Belfast Telegraph part of Mediahuis UK Ltd. You received this email because you have signed up for the Belfast Telegraph Business Newsletter. [Contact Us]( | [Privacy Statement]( | [Cookie Policy]( | [Unsubscribe]( | [View in browser]( Copyright - 2024 - All Rights Reserved

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