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Deerpark Retail Park up for sale

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By Michelle Crean

Killarney's popular Deerpark Retail Park has been put up for sale as part of a collection of three Irish retail parks - with a guide price excess of €67.5 million.

Tenants will not be affected as property advisors CBRE offer The Cobalt Collection - which includes Letterkenny Retail Park, Co. Donegal and Tullamore Retail Park in Co Offaly, for sale by Private Treaty.

The entire collection is producing a stable rent roll of €6,475,000 per annum.

The tenant mix is diversified, not reliant on any one retail use and has an impressive combination of national and international brands including anchor tenants, Woodies DIY, TK Maxx, Homebase and M&S.

Retail Parks have proven to be a resilient asset class out preforming all other retail sub-sectors over the course of the pandemic. This is due to their deemed “essential use” class which were not subject to Government closures coupled with open air surface car parking and large open space configuration. The Irish retail park sub-sector is increasingly sought after by investors, as it is considered stable and a good prospect in the low current interest environment and in comparison, to the lower returns prevailing in other sectors, according to CBRE.

Deerpark Retail Park

Deerpark comprises of 13 retail units extending to approximately 11,342 sqm and is the leading retail park in Killarney, occupying a pivotal location on the western side of the town centre.

Its anchored by Marks & Spencer and EZ Living and provides a mix of bulky and open use occupiers to an extensive catchment area. Additional tenants include New Look, Argos, Boots and Costa Coffee. Its total net operating income is approx. €1.30m per annum.

“We anticipate strong interest for The Cobalt Collection," Selling Agent, Paddy Farrelly, Capital Markets Division, CBRE said.

"From an occupational perspective, retail parks have proven themselves extremely resilient through retail market challenges and having just come through one of the most significant challenges in the sector, it is hard to ignore the opportunity and return profile on offer in the sub-sector.
The Cobalt Collection is a notable example of this resilience at an individual asset level. It offers an incoming investor scale, diversified income and stability in the sector as a portfolio. Each scheme's individual performance is exceptional, serving as prominent retail hubs within their catchment areas.”

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KWD Recycling shortlisted for national environmental awards

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KWD Recycling shortlisted for national environmental awards


Killarney-based KWD Recycling has been announced as a finalist in the 2026 Repak Resource Awards, securing a spot on the national shortlist for environmental achievement.


The local waste management company has been nominated in the Best Recovery Operator Innovation category, sponsored by DNV, for its state-of-the-art residual waste recovery system.
The Killarney facility utilizes optical sorting, screening, and mechanical processing to extract recyclable plastics and organic material from municipal waste. In its first year of operation, the technology recovered more than 10 per cent of plastic packaging from residual waste for recycling and diverted almost 50 per cent of organic material toward composting.
KWD Recycling will compete alongside Dublin operators Panda and Thorntons Recycling for the category title.
Repak CEO Zoe Kavanagh commended the Kerry firm for demonstrating environmental leadership and bringing local ambition to the national awards.
Category winners will be announced at a black-tie ceremony at the Mansion House in Dublin on Friday, October 23, where each winner will also compete for the Overall Repak Resource Award.
Local businesses have a strong track record at the national event, with Killarney town venue The Killarney Park and The Ross previously taking home the overall title in 2023.

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Drivers warned as deer rutting season begins

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Drivers warned as deer rutting season begins


Motorists in Killarney are being urged to exercise extreme caution as the annual deer rutting season gets underway, causing animals to stray far beyond their usual habitats inside Killarney National Park.


The autumn mating season sees deer becoming highly active and unpredictable, leading to increased sightings and collisions on local roads outside traditional park boundaries.
Two separate incidents highlighted the growing hazard on local routes this week. A reader contacted the Killarney Advertiser to warn drivers after spotting a deer roaming near Tiernaboul towards the school on Sunday afternoon around 7.30pm.
Later that same night, in the early hours of Monday morning, a local driver collided with a deer near Kerry Airport around 1am while returning home from an event.
Despite attempting evasive action, the motorist struck the animal, which died at the scene and temporarily blocked the road before local Gardaí were alerted to clear the obstruction.
The driver sustained substantial vehicle damage, requiring repairs to the bumper, headlamp, and internal components, leaving her facing significant garage costs and time off the road.
Gardaí and road safety advocates advise motorists travelLing during early morning and late evening and remain vigilant along tree-lined routes.

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