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Lakers looking to finish 2017 with a flourish

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ANOTHER home win could set the tone for a successful New Year for Scotts Lakers in National League: Division 1 basketball. Scotts Lakers will host EJ Sligo All-Stars at 3pm this Saturday, December 30, in Killarney Sports and Leisure Centre in the final game of the first phase of the 2017/18 Division 1 season. This fixture was initially supposed to be played two weeks ago but the away team were unable to travel due to adverse weather conditions.

The league will be divided into two in the New Year and both sides are already guaranteed to be playing in Division 1B when the competition restarts on January 13.

It has been an up-and-down year so far for the Lakers as they’ve struggled to find their rhythm in their first year back in the National League.

This home game against bottom-of-the-table Sligo should provide Cormac O’Donoghue’s team with a good opportunity to head into 2018 in positive form.

Sligo started the season strongly with wins over LIT and the Portlaoise Panthers but things began to fall apart when they lost heavily to Killorglin at the start of October. They haven’t won since.

Their current run of ten consecutive losses is the worst any team has had this season and has left them joint bottom with a points difference of -225.

This is the All-Stars’ second year back in the league but they sampled some success at the beginning of 2017 as they made it all the way to the final of the President’s Cup. They eventually lost to Cork kingpins Neptune, 97-85.

The Lakers will be gunning for some President’s Cup success of their own when they face Ballincollig in Cork on January 6. Their superb 85-92 win away to Fr Mathews in Cork sent them through to the semi-final and next weekend’s clash with Sligo will provide them with a good opportunity to prepare for their biggest game of the season to date.
 


 
Above: Antuan Bootle, Scotts Lakers St Paul's, scores a basket despite attention from Gary Walsh, David Murray and Darragh O'Sullivan, Neptune, in a recent National League Division One basketball clash in Killarney Sports and Leisure Centre. Pic: Eamonn Keogh

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Paralympic legend Jason Smyth visits St Brendan’s

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Paralympic legend Jason Smyth visits St Brendan’s


World renowned Paralympian and world record holder Jason Smyth paid a visit to St Brendan’s College on Wednesday afternoon as part of a high profile visit to Killarney.


The six time Paralympic gold medallist spoke to second year students from St Brendan’s College, alongside students from neighbouring schools St Brigid’s Presentation Secondary School and Killarney Community College.
The interactive talk and interview took place ahead of World Sight Day, with the legendary sprinter sharing his personal journey with Stargardt disease, a genetic eye condition that left him legally blind at eight years old.
The Derry native, who holds the world record as the fastest Paralympian on earth over 100 metres, offered inspiring insights into overcoming physical adversity and achieving success at the highest level of world sport.
The school visit formed the opening leg of his Killarney schedule before he took centre stage later on Wednesday evening at The Killarney Plaza Hotel & Spa.
Smyth headlined An Evening with Paralympian Jason Smyth, an event organised by the Killarney Chamber of Tourism and Commerce as part of its winter schedule, sponsored by AIB.

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Deerpark Retail Park placed on market for fifteen million euro

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Deerpark Retail Park in Killarney has officially been placed on the market with a guide price in excess of 15.4 million euro, excluding VAT.

International real estate firm Cushman & Wakefield has been appointed as the sole sales agent to handle the high-profile commercial property sale on behalf of its current owner, Investcorp.

Investcorp, a global investment management firm headquartered in Bahrain, had previously acquired the prominent shopping complex.


The sale represents one of the largest commercial property offerings to launch in County Kerry this year.

Located roughly 1.3 kilometres west of Killarney town centre, the scheme enjoys strong regional connectivity and sits adjacent to independently owned operations including a Tesco Extra store, a Tesco petrol filling station, JYSK, and Aldi.


Constructed in 2006, the development extends across approximately 10,482 square metres, or 112,835 square feet.

The scheme comprises a mix of modern retail warehouse units and a complementary neighbourhood centre, offering 13 individual units in total with Part Open and Part Bulky Use planning permission.

The units range in size from 94.6 square metres up to 1,994.9 square metres. Visitors have access to approximately 248 customer parking spaces across the commercial grounds.

The park is currently 100 per cent occupied by a strong line-up of established national and international brands.

Key retail tenants include Marks & Spencer, Boots, DID Electrical, Maxi Zoo, and Mountain Warehouse.

The neighbourhood centre element accommodates service and convenience operators such as Costa Coffee, Card Factory, and Salon B.

The first-floor accommodation is fully let to Peak Performance Academy, which provides additional rental diversification.

Additionally, the scheme benefits from an agreement with Tesla to operate eight electric vehicle charging bays within the customer car park.


Commercial figures show that the property generates a total current rental income of 1,326,458 euro per annum, with a weighted average unexpired lease term of 4.45 years to break options and 6.46 years to lease expiry.

Cushman & Wakefield noted that the quoted guide price of 15.4 million euro reflects a net initial yield of 7.83 per cent, assuming standard purchaser costs of 9.96 per cent.

The selling agents highlighted that the fully occupied asset offers investors an attractive income profile alongside scope for additional income generation through parking commercialisation.

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