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Tag "property"

Dublin Office Tenants ‘Pre-Letting’ Space In Buildings That Have Not Yet Been Constructed

    Dublin Office Tenants ‘Pre-Letting’ Space In Buildings That Have Not Yet Been Constructed

There has been a surge in office “pre-letting” – the practice of tenants committing to lease contracts before a building has even been constructed – accounting for 28,000 square meters (44%) of all the Dublin office space leased in Q4 2016, property consultants Savills said on Monday.
In Dublin 2 and 4, where the demand for […]

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Hines and Peterson Group Acquire Landmark Dublin Properties

    Hines and Peterson Group Acquire Landmark Dublin Properties

Real estate companies Hines and Peterson Group have entered a partnership to acquire two iconic Dublin properties – the Central Bank buildings on Dame Street and 2 Grand Parade in Dublin 6, it was announced on Tuesday. These two prime acquisitions represent Peterson Group’s first investments in Ireland and also its first partnership with Hines.
Hines and […]

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Mortgage Approvals Rise by 30.8%

    Mortgage Approvals Rise by 30.8%

The number of mortgages approved rose by 30.8% year-on-year and  increased by 2.0% month-on-month, according to the latest figures from the Banking & Payments Federation Ireland (BPFI)  Mortgage Approvals Report for the three months ending November 2016, released on Thursday.
The report also found that a total of 3,377 mortgages were approved per month, on average, […]

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Dublin Ranked Fourth Most Attractive City for Property Investment

Photo credit: Hans-Peter Bock hpbock@avaapgh.de
Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and the Urban Land Institute (ULI) released on Thursday. Dublin saw €4 billion of real estate activity in the 12 months before September 2016, putting it behind Berlin, Hamburg and Frankfurt, and […]

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Kennedy Wilson Aware of both Risks and Opportunities in Irish Market Due to Brexit

Kennedy Wilson has stated it is aware of both the risks and opportunities that may occur in the investment and occupier markets, due to Brexit.

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Dublin Docks Hotel Development Delayed as Demand for City Rooms Increases

Paddy McKillen Jr of Chirita Ltd has said he is confident he can agree a plan with Dublin City Counci to go forward with plans to build a new 93-bedroom hotel on North Wall Quay located in Dublin’s docklands.

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Twelfth Lock Hotel Sold for €2.4m

The Twelfth Lock Hotel, which overlooks the Royal Canal at Castleknock in Dublin has been sold for approximately €2.4m in a private contract sale.

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Proportion of Irish Homes Bought by Cash Buyers Rise Significantly After Property Crash

As reported by Central Bank economists who conducted new research, the proportion of houses and apartments purchased by cash buyers rose from 25% at the peak of the property boom to 60% in 2014.

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Comreg’s Gets New Location at One Dockland Central

One Dockland Central in Dublin’s IFSC is now the home of Communications regulator, Comreg, having signed a 20-year lease.

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Nama’s sale of €1.5bn Project Tolka Delayed Due to Incomplete Paperwork

The expected removal by Nama of Project Tolka, a sale of approximately €1.5bn, is certain to be postponed beyond August 31, the date by which it had been assumed to be put on the market.

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Liffey Valley Shopping Centre on Sale for €600m

The Liffey Valley shopping centre, located in west Dublin, is due to go on the market with an asking price of at least €600m following the selection by its owners of Eastdil Secured LLC to broker the purchase.

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Henry Street gets Major Retailer Due to Smyth-Arnotts Deal

Fitzwilliam Finance Partners, the investment vehicle of Smyth’s, proposed a planning application in conjunction with Arnotts to Dublin City Council, dividing numbers 7, 8 and 9 Henry Street, which presently occupies Arnotts’ ladies shoe department, into a separate building of roughly 40,000 sq ft.

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New Grant to be Recieved by First-time Buyers

A brand new tax-refund-based scheme will be introduced in the Government’s Budget for first-time buyers.

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New Reports Shows that 1 in 8 commercial properties are Vacant

The analysis, covering the three-month period near the end of June, displays that 28,615, or 13.1pc of the Republic’s 219,176 commercial premises are now vacant.
A photo taken at the end of June the previous year displayed that 28,343, or 12.6pc of the country’s 224,168 commercial premises, were also unoccupied then.
Asked to account for the year-on-year reduction […]

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State to Create 45,000 Social Homes

The Government’s much anticipated plan to tackle the housing crisis is set into motion as a State fund will purchase distressed properties from banks and a pledge to build 45,000 new social houses at least by 2021.

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Rehab’s Dublin 4 Site to be Purchased for €21m by Department of Education

The former Rehab site in D4 is on the market and being negotiated for €21 by The Department of Education.

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Rise in property prices outside Dublin

Two separate reports on property prices indicate big increases in the cost of buying a home outside of Dublin in the past year.
The reports from websites Daft and MyHome.ie suggest there has been a sharp increase in asking prices for newly listed properties in the three months to the end of June this year.
Both reports […]

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Irish Independent Property Industry Excellence Awards 2016

The 2016 Irish Independent Property Industry Excellence Awards are now open for entry.
These property industry awards recognise the highest standards of professionalism and excellence across the property sector and provide an opportunity for the Irish property industry and all of its stakeholders to showcase their expertise and standards.
The awards are open to everyone working within the property sector including:

surveyors and […]

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Number of properties for sale at nine-year low

The number of properties for sale in Ireland has reached a nine-year low – down to fewer than 24,000, according to property website Daft.ie
The report shows the biggest falls in availability are now outside Leinster.
According to the study, there were just 13,500 homes for sale this month across Munster, Connacht and Ulster compared to almost 21,000 […]

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