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New winning team for Killarney Race Company

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It’s certainly a case of winner alright at Killarney Race Company where a top class new team has been appointed to spearhead on track and off course developments into the future.

The progressive board of directors, under chairman Gerard Coughlan, has announced the appointment of a new Racing Manager, a new Financial Controller and a new Conference and Events Manager to build on the facility’s strengths and to implement a number of exciting new developments to maximise the potential of the scenic course.

“Our new team will bring real focus going forward and we have very high expectations. It is a very exciting time for all involved,” Mr Coughlan said.

The new Racing Manager, Philip O’Brien, is no stranger to the world of horseracing as he has enjoyed a very successful career as an amateur and professional jockey.

A native of Rathkeale, Co Limerick, he received his jockey’s licence at the age of 16 and rode well over 100 winners in a career in the saddle that saw him compete in the 2002 Aintree Grand National and at Cheltenham on a number of occasions.

An Equine Science graduate from the University of Limerick and an established horse trainer, Philip insists there isn’t a racecourse in the world that can match the natural beauty of Killarney and he said the team at the Ross Road facility has worked tirelessly to ensure the course is in pristine condition for the July and August racing festivals.

“The potential for future development is absolutely enormous and there is plenty of scope to move forward,” he said.

“The Board of Directors has put great faith in the new team and we will certainly work hard to bring Killarney Racecourse to new heights,” Philip said.

The new Financial Controller, Jennifer Pyne, also brings great experience to the racecourse following a very successful career in high-level finance.

A Commerce and Spanish graduate from University College Cork, she spent four years with Curran and Moore Accountants in Killarney and the past nine years with Monex Financial Services in Killarney.

“Working with Killarney Race Company is a wonderful challenge and it’s great to be part of a new team with some very exciting plans in the pipeline,” said Jennifer, a native of Killarney who is married to Derek. They have two children, Ollie (3) and one-year-old Alice.

Megan Daly Tyrell, the newly appointed Conference and Events Manager, has been at the cutting edge of the industry for many years and she has spent the past seven years managing key accounts for the INEC and Killarney Convention Centre

Megan was responsible for submitting the successful tender for the Irish citizenship ceremony which attracted thousands of people to Killarney last May and, in fact, that contract is for two ceremonies a year for two years.

Involved in the hospitality industry since she was 14 years of age, she previously worked in the former Malton Hotel – now the Great Southern Killarney – and The Brehon Hotel and her speciality is attracting high-end conference and events business to town.

A mother of an eight-year-old boy, Joseph, Megan said there is huge potential to further develop the facilities and the offering at Killarney Racecourse and the possibilities for the short and long-term future are limitless.

“The backdrop is just spectacular and the whole place is under-ultilsed. My intention is to make it the go-to destination in Killarney for events and conferences,” she said.

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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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