|
© The Irish Times |
19 Apr '10 |
 |
New ?22m Dart station opens today
The station was developed by businessman Gerry Gannon ? whose ?1bn-plus of property loans are due to end up in Nama. - Subscribe |
|
|
© Sunday Tribune |
18 Apr '10 |
|
Fitch downgrades Smyth company's mortgage loan
Developer Noel Smyth's Alburn Real Estate Capital's commercial mortgage loan has been downgraded by ratings agency Fitch which also said that the Class A and B notes remain on "outlook negative". - Subscribe |
|
|
© Sunday Tribune |
18 Apr '10 |
|
Liffey Valley shopping centre plummets in value by ?80m
The value of Liffey Valley shopping centre in west Dublin has been written down by more than ?80m in the last year after the collapse in Irish commercial property prices. Grosvenor Estates, the proper - Subscribe |
|
|
© Sunday Tribune |
18 Apr '10 |
|
Anglo ignored its own advice to land us all in an unholy mess
"We would not do raw land on its own because you're taking a long bet on the market. Banks will only ever take a short to medium view. It can form a small part of collateral, but would never be prim - Subscribe |
|
|
© Sunday Tribune |
18 Apr '10 |
|
Price cuts in a quarter of Dublin properties
Nicola Williams of Bergins pointed out to Property Week that purchasers are "ignoring any differentiating features, such as standard of renovation, location on a road etc. It is very difficult to get - Subscribe |
|
|
© Sunday Tribune |
18 Apr '10 |
|
REO's CMBS breaches LTV covenant on ?50m junior loan
A subsidiary of Real Estate Opportunities (REO), the listed property vehicle controlled by Johnny Ronan and Richard Barrett's Treasury Holdings, has breached the junior loan-to-value covenant relatin - Subscribe |
|
|
© Sunday Tribune |
18 Apr '10 |
|
Dunne has 'no right' to develop part of D4 site - AIB
AIB is challenging developer Sean Dunne's right to develop part of a site he owns at AIB Bankcentre in Ballsbridge, Dublin 4. The bank sold the land to Dunne in 2006 for a reported ?200m but it claim - Subscribe |
|
|
© Sunday Tribune |
18 Apr '10 |
|
Michael Clifford - sifting through the carnage of developer led planning
Last Monday, a majority of Dun Laoghaire/Rathdown county councillors voted to reject a ministerial directive from John Gormley to rein in their rezoning instincts. The councillors in question were fro - Subscribe |
|
|
© Business Post |
18 Apr '10 |
|
Opera Lane lease for Tommy Hilfiger
Fashion retailer Tommy Hilfiger has taken a lease on a 745 square metre store at the Opera Lane development off Patrick Street in Cork city. - Subscribe |
|
|
© Business Post |
18 Apr '10 |
|
Development land for sale in Cobh
The 114-acre site opposite Passage West is for sale on the instructions of receiver David Hughes of Ernst and Young, and DTZ Sherry FitzGerald is seeking best offers by June 12. - Subscribe |
|
|
© Business Post |
18 Apr '10 |
|
Banks seek loopholes to escape tracker mortgages
A source close to one of the banks said it was looking at provisions in mortgage contracts that could get the banks off the hook in some cases. Some tracker mortgages sold to buy-to-let investors incl - Subscribe |
|
|
© Business Post |
18 Apr '10 |
|
McInerney directors agreed major pay cuts
Barry O?Connor, managing director of McInerney, agreed a 45 per cent pay cut that would be applied to him and other senior executives prior to relinquishing his role with the troubled housebuilder rec - Subscribe |
|
|
© Business Post |
18 Apr '10 |
|
Cool hand Luke
As one of a tiny number of Irish property developers with no exposure to Ireland, Luke Comer knows that there is a right time to be in the right place. He stopped doing business in Ireland in 1984, at - Subscribe |
|
|
© Business Post |
18 Apr '10 |
|
Monahan in talks with Howard over ?200m Polish deal
Howard Holdings was one of the most active developers in the country over the past ten years, claiming to have a portfolio of projects worth ?4 billion. - Subscribe |
|
|
© Business Post |
18 Apr '10 |
|
Work on ?1.8bn resort to go ahead
Flash Developments, which is headed by Ciaran Maguire, has received deposits from more than 200 Irish and British investors for apartments and villas in the planned Palm View resort. - Subscribe |
|
|
© Irish Independent |
18 Apr '10 |
|
?353m debtor Murtagh: 'I do not feel one bit responsible for borrowings'
Brendan Murtagh, the Kingspan founder and director with liabilities of over ?353m, has hit out at the bankers and developers who landed him in his precarious financial position. - Subscribe |
|
|
© Irish Independent |
18 Apr '10 |
|
Value of that second home in the sun dries up
Overall, according to latest government figures, there are at least 310,000 second homes in Ireland. But while official data is not available, it is well accepted that many teachers, gardai, prison of - Subscribe |
|
|
© Irish Independent |
18 Apr '10 |
|
Anglo lent to investor estate agents
In 2006, the bank issued loans to a consortium of investors that was led by managing director of Douglas Newman Good (DNG), Keith Lowe, for two development sites in Walkinstown and Crumlin in Dublin.
- Subscribe |
|
|
© Irish Independent |
18 Apr '10 |
|
Second Nama chief listed as Savills shareholder
NAMA faces another potential banana skin, just a week after the Sunday Independent revealed that its top property adviser, John Mulcahy, owned ?2.3m-worth of shares in Jones Lang LaSalle, the internal - Subscribe |
|
|
© Irish Independent |
18 Apr '10 |
|
Restaurant surviving on breadline
The owners of popular restaurant Diep Le Shaker have been served with an eviction notice as they can no longer meet the annual ?130,000-a-year rent bill. - Subscribe |
|
|
