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Investment

Commercial estates value over €735M sold so far in 2016

In the first three month of the year 2016 were sold a total of 55 commercial properties in Ireland, showed by new figures. Property consultants CBRE Ireland say the properties

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Danske Bank to sell off residual parts of Irish business

The sale will see debts such as credit card bills, commitments and other unsecured loans packaged up and deposited by the bank. These are the last loan books to be sold by the

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Anglo Irish Bank was many a time advocated to clients – Panama Papers

Anglo Irish Bank’s branch in Austria was between the small number of banks that were many times advocated by Panama-based law firm Mossack Fonseca (MF) to its clients, the leaked Panama Papers

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Saving €2 billion on capital projects is possible said the Project Management Institute

The Project Management Institute’s Ireland chapter will host its biggest conference to date on April 14th at the Aviva Stadium. €2 billion in tax-payers’ money can be saved on capital

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Under PRTB, housing association properties brought remit

The role of the Private Residential Tenancies Board (PRTB) is being expanded, it was advised today. Approved Housing Bodies will be brought under its remit, meaning that landlords and tenants of

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Central Bank collappsing on imposition counsellors

According to the Central Bank some firms counselling struggling borrowers are failing to properly collect all of the information needed to grant the best help and guidance, while others may

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Airlines of Ireland might connect forces to create new European giant

Dublin-based carriers CityJet and Stobart Air are investigating a tie-up in a way that could create one of Europe’s biggest regional airline groups, the Irish Independent has learned. The deal would

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Savills bespeaks top ten European investment hotspots

Savills, the international real estate investor, has advised its top ten hotspots for investment in Europe, split between five tips for risk taking investors (‘risk embracers’) and five for those who

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Property prices up 8% in year to end of february

Residential Property Price Index February 2016 Price Index (Jan 2005=100)  Monthly % change Annual % change Dec 2015           86.8            

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Bishop Gate Hotel – A Derry landmark building restored Bishop Gate Hotel

The new Bishop’s Gate Hotel has opened its doors. This 31 bed hotel adds considerable luxury accommodation and services to the tourist and local offering in the city. This hotel

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€1.9m for Co Kilkenny site

Savills and Warren McCreery Property are quoting €1.9m for a strip of development land outside Kilkenny which has full planning permission for a residential and commercial scheme. The agents are

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Investment of Total Irish windfarm might hit €2.7bn

A forecast from the Irish Wind Energy Association (IWEA) indicates that the Windfarm construction will be worth €500m to the building sector in the next four years. The numbers, due

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New runway for Dublin airport, DAA is looking at commitment financing

It controls Cork Airport as well, and is currently examining plans for a second parallel runway at the capital as passenger numbers soar. Dublin Airport handled over 25 million passengers

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Grifols invests €77m in Dublin plant

Spanish plasma pharmaceuticals group Grifols has announced plans to invest another €77m in its biologics plant at Grange Castle in Co Dublin. The company said it was bringing forward plans

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Trinity College has been given a green light to proceed with the development of a €52m student accommodation project Pearse Street in Dublin.

    Trinity College has been given a green light to proceed with the development of a €52m student accommodation project Pearse Street in Dublin.

The scheme intends to demolish the five-storey Oisin House, which is adjacent to Trinity, and the construction of a seven-storey, 13,800 sq m development that will house 278 student accommodation

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Developer Gerry Gannon plans to build 84 Dublin homes

    Developer Gerry Gannon plans to build 84 Dublin homes

Developer Gerry Gannon plans to build more than 80 apartments and townhouses in a project in north Dublin that industry figures value between €18 million and €20 million. The company

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Interxion to build new Data Centre in Dublin

    Interxion to build new Data Centre in Dublin

Dutch firm Interxion, a leading European provider of carrier and cloud-neutral colocation data centre services, has announced it is planning a €28 million investment in a third data centre for Dublin. Developed in response to continued

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Dalata to build 181-bed hotel on site of former Charlemont clinic

    Dalata to build 181-bed hotel on site of former Charlemont clinic

Ireland’s largest hotel operator Dalata has acquired the company which owns the former Charlemont Clinic in central Dublin for €11.9m. The 0.95 acre location of the former Charlemont Clinic on the

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Enda Kenny to turn sod on two Cork projects with potential to transform city centre

    Enda Kenny to turn sod on two Cork projects with potential to transform city centre

The Taoiseach will launch two major infrastructure projects in Cork today worth a combined total of €100m. The first one relates to the €50m regeneration of the landmark Capitol cinema site

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Further accommodation deal for Queen’s University in Belfast

    Further accommodation deal for Queen’s University in Belfast

Queen’s University has entered yesterday into a deal with developers McAleer & Rushe to develop 1,200 student bedrooms on two of their city centre sites, in a deal worth €90 million.

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Olympic-sized indoor ice arena and massive extension planned for Dublin shopping centre

    Olympic-sized indoor ice arena and massive extension planned for Dublin shopping centre

Property firm Hines has applied for planning permission to build a huge expansion of Liffey Valley Shopping Centre in west Dublin. The €26m development plan includes an additional 22,000 sq m

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Dublin City Council releases plans for €20 million Dalymount Park redevelopment

    Dublin City Council releases plans for €20 million Dalymount Park redevelopment

Dublin City Council has released the details of its plans to revamp Dalymount Park into a modern 10,000 seater stadium, a redevelopment which is expected to cost up to €20m to

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New Generation planning €250m docklands project

    New Generation planning €250m docklands project

New Generation Homes, the developer led by Greg Kavanagh and Pat Crean, will seek permission for a €250 million office and apartment complex in Dublin’s south docklands from the city

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Government to provide further 17,000 social housing units

    Government to provide further 17,000 social housing units

Last week, the government said it will provide another 17,000 units of social housing this year as part of its

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€230m N25 new ross bypass PPP scheme announced

    €230m N25 new ross bypass PPP scheme announced

A consortium led by BAM has reached financial close with the National Roads Authority (NRA) for the €230 million N25 New

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Facebook to start Meath data centre construction

    Facebook to start Meath data centre construction

Facebook has said it will begin building a data centre near Clonee, Co Meath, which will create hundreds of temporary construction

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Construction of new National Forensic Mental Health Hospital begins

    Construction of new National Forensic Mental Health Hospital begins

Minister for Mental Health, Social Care and Primary Care Kathleen Lynch has turned the sod yesterday on the new National

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Hydro electric power station to be developed in Co Tipperary

    Hydro electric power station to be developed in Co Tipperary

Minister for the Environment Alan Kelly has just announced a proposed €650 million hydro-electric plant which will seek to create 400

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Cairn Homes to build over 100 apartments on Dublin’s Hanover Quay site

    Cairn Homes to build over 100 apartments on Dublin’s Hanover Quay site

Irish homebuilder Cairn Homes has said it is acquiring a site in Hanover Quay in the Dublin Docklands for €18m,

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Almost €3.5bn in property investments during 2015

    Almost €3.5bn in property investments during 2015

Investment property transactions reached almost €3.5 billion as a total in 2015, in Ireland, with nine individual transactions which came in

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Plans to build €25 million “aparthotel” near Trinity College Dublin

    Plans to build €25 million “aparthotel” near Trinity College Dublin

Irish property investment group Tetrarch Capital intends to invest €25 million in a 178-unit aparthotel on a site close to

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Global student housing firms set for €250m Dublin venture

    Global student housing firms set for €250m Dublin venture

Chicago-based Harrison Street Real Estate Capital has teamed up with London-headquartered GSA Investment Management to provide €250m to built student

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FBD Property applies for €5.5 million development of Castleknock hotel

    FBD Property applies for €5.5 million development of Castleknock hotel

FBD Property and Leisure Ltd is to spend €5.5 million on the expansion and upgrading of its successful Castleknock Hotel

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Some 2,300 Nama-funded homes to be finished within weeks

    Some 2,300 Nama-funded homes to be finished within weeks

About 2,300 homes will be completed in the coming weeks on lands owned by Nama debtors and receivers, with another

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Nama provides €170m to fund Boland’s Mills redevelopment

    Nama provides €170m to fund Boland’s Mills redevelopment

The National Asset Management Agency has made €170 million in funding available for work to begin on the redevelopment of

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NAMA to invest €7.5 billion in development programme

    NAMA to invest €7.5 billion in development programme

The National Asset Management Agency has announced today plans for a €7.5 billion development programme to deliver about 4 million

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Limerick Institute of Technology to build new campus

    Limerick Institute of Technology to build new campus

Limerick Institute of Technology (LIT) will create 100 new jobs following confirmation that it is to open a “game-changing” new

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US developer Hines to build 3,800 homes in south Dublin

    US developer Hines to build 3,800 homes in south Dublin

US developer Hines’ Irish arm is submitting a planning application to develop roads, parks and other infrastructure to allow the

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Irish Water to invest €228m in upgrading water and wastewater infrastructure in Cork.

    Irish Water to invest €228m in upgrading water and wastewater infrastructure in Cork.

The wastewater network is to undergo a €180m upgrade, while a further €48m will be spent on improving drinking water

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Planning approved for new hotel in Belfast

    Planning approved for new hotel in Belfast

Planning permission for a 206-bedroom hotel on the site of the former Belfast Metropolitan College has been granted to a

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Plans for infrastructure projects worth €1bn outlined

    Plans for infrastructure projects worth €1bn outlined

The National Development Finance Agency (NDFA) has this morning set out plans for major infrastructure projects with a combined value

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Green Reit takes full control of Central Park in €155m deal

    Green Reit takes full control of Central Park in €155m deal

Irish property investment firm Green REIT has reached a conditional deal worth €155m with its joint venture partner to acquire

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310 major school building projects announced by Minister O’Sullivan

    310 major school building projects announced by Minister O’Sullivan

Minister for Education and Skills, Jan O’Sullivan has announced yesterday a new programme of capital investment in schools. Running from

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Up to €100 million to finance high-quality office development and construction projects

    Up to €100 million to finance high-quality office development and construction projects

The Ireland Strategic Investment Fund (ISIF) and institutional clients of US-based Quadrant Real Estate Advisors LLC have committed up to

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ISIF to launch €100m fund for office development

    ISIF to launch €100m fund for office development

The State-backed Ireland Strategic Investment Fund has teamed up with a US real estate fund to offer up to €100

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Ireland’s Tallest Hotel for €3.5m

    Ireland’s Tallest Hotel for €3.5m

The Clarion Hotel Limerick has been put up for sale by its receiver Kieran Wallace of KPMG with a guide

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Nama to finance €87m office building in Dublin

    Nama to finance €87m office building in Dublin

Nama is to finance an €87 million Grade A office development on the North Wall Quay in the Dublin docklands.

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Ulster Bank to sell 20 well-located sites in Dublin

    Ulster Bank to sell 20 well-located sites in Dublin

Twenty well-located Dublin development sites are among 42 due to be sold by Ulster Bank when it offloads a portfolio

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Ronan seals D4 deal for €200m

    Ronan seals D4 deal for €200m

Developer Johnny Ronan has bought a prime 3.7-acre site in Dublin 4and plans to redevelop it as part of a

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Center Parcs submits development plans for Ballymahon project

    Center Parcs submits development plans for Ballymahon project

Holiday resort firm Center Parcs has submitted a planning application for a €233m development near Ballymahon, Co Longford. 750 construction

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Developer unveils plan to build 10,000 homes

    Developer unveils plan to build 10,000 homes

Property developer Michael O’Flynn aims to build 10,000 new homes over the next seven to eight years, mainly in Dublin

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Amazon to take Ireland spend past €1bn with new data centre

    Amazon to take Ireland spend past €1bn with new data centre

Internet retail giant Amazon is planning yet another massive data centre in Dublin in a move that could propel its

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Phibsboro Shopping Centre for €15m

    Phibsboro Shopping Centre for €15m

A new opportunity to redevelop Phibsboro Shopping Centre in the north Dublin suburb will arise shortly when the rundown complex

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Carrickmines ‘district centre’ site goes to market for over €45m

    Carrickmines ‘district centre’ site goes to market for over €45m

A large parcel of land designated for the third and final phase of the highly successful shopping and business facility

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EIB commits €100M to Dublin port ABR project

    EIB commits €100M to Dublin port ABR project

The redevelopment of Dublin Port is set to be a major construction project involving Ireland’s civil engineering contractors. It has

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Planning permission approved for Facebook offices in Meath

    Planning permission approved for Facebook offices in Meath

An Bord Pleanála has approved planning permission for Facebook’s planned €200m data centre in Clonee, Co Meath. When it is

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Two of Ireland’s Most Luxurious Castle Hotels to hit the Market

    Two of Ireland’s Most Luxurious Castle Hotels to hit the Market

Two of Ireland’s most luxurious castle hotels have been brought to the market as a going concern by Savills, on

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BAM to build €350m M11 motorway

    BAM to build €350m M11 motorway

A consortium led by construction group BAM Ireland has signed a contract with the National Roads Authority (NRA) for the

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