The joint venture set up by Dublin-based Blackrock International Land and Lagan Developments of Northern Ireland is set to start construction of its new 16,000 m[sup]2[/sup] Navan Retail Park on its 11.6-hectare site in Navan, 50 km outside Dublin. The project is expected to cost more than EUR 70 mln.

The joint venture set up by Dublin-based Blackrock International Land and Lagan Developments of Northern Ireland is set to start construction of its new 16,000 m2 Navan Retail Park on its 11.6-hectare site in Navan, 50 km outside Dublin. The project is expected to cost more than EUR 70 mln.

The companies said they exchanged contracts with an unnamed major anchor tenant and are also in advanced talks with other potential occupiers. Contracts have also been agreed with Sisk Group for the construction of the park, with completion expected in autumn 2008.