Blackrock sells Industrial Facility in Dundalk

 

TIDMBLK 
 
RNS Number : 9022H 
Blackrock International Land PLC 
02 March 2010 
 

 
 
 
Blackrock International Land plc (Blackrock) is pleased to announce that it has 
agreed the sale of a 3,700m² industrial facility at the Xerox Technology Park, 
Dundalk, to Galen (Chemicals) Ltd, a subsidiary of global pharmaceutical 
company, Warner Chilcott, for a consideration of EUR2.9 million. 
 
 
 
Warner Chilcott has announced plans to create a new corporate headquarters at 
the property with the assistance of IDA Ireland. The facility being acquired is 
part of a 17,000m² industrial complex owned by Blackrock at this location. 
 
The choice of Xerox Technology Park by Warner Chilcott will enhance the 
attractiveness of the complex for other potential investors and tenants.  The 
park is situated in Dundalk, Ireland, and is well-located in close proximity to 
the M1 Motorway and less than 45 minutes from Dublin International Airport. 
 
Commenting on the transaction, Blackrock managing director, Robert Knox, said: 
 
"We are very pleased to have agreed this significant transaction with Warner 
Chilcott, the well-known international pharmaceutical company. Blackrock 
continues to actively focus on maximising the value of its diverse portfolio 
assets and, in Dundalk, we will continue working in partnership with local 
stakeholders, the local authority and state agencies to market the remaining 
space at this excellent facility." 
 
 
 
Blackrock International Land plc 
2 March 2010 
 
 
For further information, please contact: 
Debbie O'Brien, WHPR - Tel: [phone] 
 
 
This information is provided by RNS 
            The company news service from the London Stock Exchange 
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