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© Irish Independent |
10 Mar '22 |
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Spiralling rents: Renting a home now costs €300,000 more than a mortgage
According to an analysis by MoneySherpa.ie, the gap is now higher than ever, with the cost of renting over 30 years now up to €297,000 more than a 30-year mortgage for the same property. - Subscribe |
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© The Irish Times |
10 Mar '22 |
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DEAL: LRC Group pays about €3.1m for 16 apartments at Station Point, Clongriffin
The sale of the portfolio was handled by agent Hooke & MacDonald on the instruction of receiver Paddy O’Connell of RSM Ireland. While Hooke & MacDonald declined to comment on either the pricing or t - Subscribe |
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© The Irish Times |
10 Mar '22 |
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€7bn invested in Dublin’s private rented sector since 2016: Hooke & MacDonald
Looking at the numbers for the past five years, the report’s authors find that 17,696 multifamily/PRS units have traded in Dublin, with 64 per cent of these (11,335) being accounted for by new-build - Subscribe |
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© The Irish Times |
10 Mar '22 |
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Inflation pushes standard cost of two-bed apartments to €440,000
Mitchell McDermott has also warned that Dublin planners’ efforts to limit build-to-rent apartment blocks threatens supply, as costs mean building them to sell is not viable. - Subscribe |
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© The Irish Times |
10 Mar '22 |
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Settlement reached in €31.5m Cherrywood dispute
Hines Cherrywood Development Fund ICAV brought the case against Dún Laoghaire Rathdown County Council claiming there was no lawful basis for the demand because it had an express understanding and leg - Subscribe |
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© The Irish Times |
10 Mar '22 |
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McKillen Press Up Hospitality plan for Blackrock should be refused, council advises
The 493-unit scheme from Paddy McKillen jnr and Matthew Ryan is one of two contentious Strategic Housing Development (SHD) schemes for the south Dublin area that Dún Laoghaire Rathdown County Council - Subscribe |
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© The Irish Times |
08 Mar '22 |
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Glenveagh Properties earned €46m profit in 2021
During the year Glenveagh agreed to build more than 2,050 homes in partnerships with Dublin City and Fingal County councils.
It bought 12 new sites with space for more than 2,700 homes for a total - Subscribe |
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© The Times Ireland |
07 Mar '22 |
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Aviva merges property funds for €650m portfolio
Aviva is merging two property funds to create a €650 million portfolio with prime retail space including Blackrock Village Centre in Dublin and the Citypoint building in Galway.
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© The Irish Times |
07 Mar '22 |
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Local resident brings court action against Clontarf apartment scheme
A local resident has initiated a High Court action seeking to overturn permission for the development of 131 build-to-rent apartments in Clontarf, north Dublin.
Martin Stapleton, who lives in - Subscribe |
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© The Irish Times |
07 Mar '22 |
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Eir to lodge plans for 111-unit apartment scheme in Dublin 14
Eir has given notice that it is to lodge “fast track” plans in the coming days to An Bord Pleanála for a 111-unit apartment scheme for Sommerville House on the Dundrum Road in Dublin 14. - Subscribe |
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© The Irish Times |
07 Mar '22 |
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Permission for 99 buy-to-let apartments in at Beaumont Road, Dublin 9 is challenged in High Court
Earlier this year the board granted Urban Life (BMD) Ltd permission to construct 66 one-bed, 30 two-bed and three three-bed apartments in two six-storey buildings on a site - Subscribe |
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© The Irish Times |
07 Mar '22 |
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More landlords than ever putting properties up for sale, say new figures
There was a sharp increase throughout last year in the number of notices to quit issued to tenants, according to the Residential Tenancies Board, rising from 352 in the first quarter of the year to 95 - Subscribe |
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© Business Post |
06 Mar '22 |
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Michelle Jackson, TWM: No lack of interest from long-income funds despite fewer investment opportunities
Long-income funds typically look for 15 years plus secure income to an investment-grade tenant covenant and the real estate sector, and location of the asset, are often secondary to these fundamental - Subscribe |
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© The Irish Times |
04 Mar '22 |
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Council rejects Bulloch Harbour redevelopment plan
The council’s grounds of refusal include flood risk, which did not feature in the previous planning refusal for a Bartra scheme at the harbour in February 2018. The scheme fails therefore to respond - Subscribe |
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© Irish Independent |
04 Mar '22 |
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Starter homes ‘will soon be out of reach for first-time buyers’, says CEO of largest residential developer
“If build cost moves up too much, we won’t be able to find customers who can afford our starter homes,” he said.
“There is no super-normal profit there to absorb the cost increases. Eventua - Subscribe |
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© Irish Independent |
04 Mar '22 |
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Cairn Homes reports record sales despite rising inflation
In its preliminary results for 2021, published today, Cairn said revenue was €424m in 2021, up 62pc on 2020 on the back of 1,120 new home sales.
The average selling price for starter homes in 202 - Subscribe |
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© The Irish Times |
03 Mar '22 |
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SCSI aims to raise women’s profile and participation in property industry
While one estimate puts women’s employment in the property industry – estate agency, consultancy, property management, among others – at about 25 per cent, it’s still very much a male-dominate - Subscribe |
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© Irish Independent |
03 Mar '22 |
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Paul McNeive: Could cannabis present the next big property opportunity?
Producing cannabis is one of the fastest-growing industries in the US. Sixteen US states have legalised the recreational use of cannabis, and 35 permit medical usage, creating a multi-billion dollar i - Subscribe |
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© The Irish Times |
03 Mar '22 |
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Barings Real Estate Debt provides €225m for Irish logistics deals
Barings has agreed two loans to KKR and Palm Capital to finance their acquisition of industrial and logistics assets in Dublin and the greater Dublin area (GDA). The loans mark Barings’s debut as a - Subscribe |
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© The Irish Times |
03 Mar '22 |
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DEAL: McAleer & Rushe secures tenants for Kildress House office scheme
Proximo Spirits, a drinks company which includes Bushmills whiskey among its brands, is well advanced in fitting out the fourth floor. The tenant was advised by Rebecca Breen, Murphy Mulhall. - Subscribe |
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