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Two retail parks, which were once part of the portfolio of businessman Peter Dolan, have been sold to a UK property company.
Strabane Retail Park and Laharna Retail Park in Larne were owned by the Co Tyrone pharmacist-turned-developer as part of the Jermon Ltd empire.
The Strabane site had been listed by Osborne King as being for sale at £3.8m, while Laharna was on the market for £6.15m.
The agents declined to comment on the prices paid by the purchaser, thought to be London-based fund Mansford.
Mansford already owns the Chelsea Harbour complex in London and Brains Brewery in Cardiff.
The firm was not available for comment.
Strabane Retail Park has four main tenants - clothing retailers Peacocks, Menarys and New Look and catalogue company Argos, while Laharna includes all those four in its 12 units as well as other stores, including budget outlets Lidl and B-amp;M bargains and Carphone Warehouse.
Jermon Ltd was founded in 1997 by Mr Dolan, a pharmacist, and his wife Jacqueline.
The company was landlord for a number of key retail and office properties in Belfast.
These included the Scottish Mutual Building in Donegall Square South, HMV and TK Maxx in Donegall Arcade and Mothercare in Castle Place.
The company also owned retail properties in Dungannon.
Tom Keenan of Keenan Corporate Finance was appointed administrator to Jermon Limited by First Trust and other banks in January.
Parts of holding company Jermon Developments' property portfolio, including high-rise Fanum House in Belfast, Laharna Retail Park in Larne and Strabane Retail Park, were put up for sale last year after a receiver was appointed by Anglo Irish Bank.
Later it was revealed that the company has debts of over £100m.
According to the administrator's report, the firm operated from a base in Dungannon, acquiring and developing a number of retail and office properties throughout Northern Ireland.
The company continued to grow by acquisition both in Northern Ireland and further afield, from significant bank borrowings.
As a result of the downturn in the local property market, the company experienced "severe working capital pressures" in late January.
An administrator was appointed on January 27 on Mr Dolan's instructions and HMRC had additionally issued a winding-up petition against the company.
The report showed that Jermon Ltd currently had assets worth £91m, but owes £191m, meaning a net deficit of just over £100m.
AIB was owed £63m of the money, £25m was owed to the Bank of Ireland and £103m to Anglo Irish Bank and Bank of Scotland Ireland.
Assets included a helicopter worth £300,000 and properties worth £90m.
Bank loans and overdrafts were worth £189m out of total liabilities of £195m - almost half of the remaining amount owed to other creditors was made up of tax bills.
