Davy Real Estate is arguably one of the most active players in the Irish commercial property market, scooping up valuable properties for funds it manages for high-net-worth clients. In recent years, the property arm of the wealth management firm has taken a special interest in shopping centres. Last summer, for example, it snapped up Harcourt Group’s portfolio of six centres for €74 million. The jewel in the crown, however, remains the iconic Stephen’s Green Shopping Centre, bought in late 2019 by a Davy-managed fund for €175 million. Plans for a €100 million modern redevelopment of the Victorian-styled complex have attracted…

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