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Our NEWS section is the most comprehensive publication on the business of property in Ireland, keeping our trade readers fully informed on all developments in the property business and among their competitors.

It gathers together in one place all reports on the market, and goes into much greater detail than does the consumer press on trade issues of interest to estate agents, developers and other property professionals. It summarises property stories from the media, and provides handy links to the full stories. Occasional indepth features and opinion pieces for a fully developed online property magazine. It also acts as a searchable archive of all property matters down the years.

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© The Irish Times 28 Feb '20

Company founded by Nowlan and Kenny refurbishing landmark Mespil Estate apartments

Urbeo Residential, the residential investment platform founded by property veterans Bill Nowlan and Frank Kenny, has in recent months quietly acquired the portfolio of 40 apartments Garrett Kelleher a -  Subscribe
© The Irish Times 28 Feb '20

John FitzGerald: Urgent action is not enough to deliver required new homes

Building land is still exceptionally pricey, with one site in Dublin this week selling for €6.5 million an acre. Effective action to release more building land, tackle land hoarding and reduce site -  Subscribe
© The Property Week 28 Feb '20

Strong growth in Mortgage Approvals in January: BPFI Mortgage Approvals Report

–– Some 3,265 mortgages to the value of €744 million were approved in January–– Good growth continues  with first-time buyers – volume up 7.5% year on year  -  Subscribe
© The Irish Times 28 Feb '20

‘The only time apartments were viable was in . . . Ballsbridge, Killiney and Dalkey’: Pat Farrelly CEO Irish Institutional Property

Farrell sees the participation of institutional capital – which, he notes, accounts for less than 5 per cent of the total rental stock available in the Republic – as being critical for a mature pr -  Subscribe
© The Irish Times 28 Feb '20

Glenveagh Properties moved into profit last year

It said more than 475 units which are due for delivery in 2020 are now “sold, signed or reserved”, substantially underpinning its delivery target for 2020 of 1,000 units. Glenveagh chief execut -  Subscribe
© Irish Examiner 26 Feb '20

'FingLUAS': Plans to extend Luas to Finglas revealed

Transport Infrastructure Ireland says the proposed Luas Finglas project will involve extending the northern part of the green line from its current terminus in Broombridge to Charlestown. The new t -  Subscribe
© The Irish Times 26 Feb '20

Sales of development land reached €1.2bn in 2019: Cushman & Wakefield

Notable transactions in 2019 included the €140 million sale of DIT’s Kevin Street campus to developer Shane Whelan’s Westridge Real Estate and the sale for €127 million of the 73-acre Project -  Subscribe
© The Irish Times 26 Feb '20

DEAL: LRC Group pays €9m for apartment portfolio at Applewood in Swords, Co Dublin

The amount paid by LRC represents a premium of 20 per cent on the €7.5 million price agent Hooke & MacDonald had been guiding when it brought the portfolio to the market on behalf of Gannon Properti -  Subscribe
© The Irish Times 26 Feb '20

DEAL: German investor acquires Hatch Street office building for €35m

KanAM Grund Group is understood to have paid about €35 million in an off-market transaction for One Upper Hatch Street in Dublin city centre. The office investment, which is occupied predominantly b -  Subscribe
© The Irish Times 26 Feb '20

Cosgrave Group to sell 368 units at Cualanor in Dún Laoghaire for €210m

A real estate fund managed by Deutsche Bank subsidiary DWS is closing in on the €210 million purchase of 368 apartments being developed by the Cosgrave Property Group in Dún Laoghaire, Co Dublin. -  Subscribe
© The Irish Times 26 Feb '20

New Irish commercial property website goes live

Speaking at the launch, founder and chief executive TJ Kearns said: “With existing property websites heavily weighted in favour of the residential market and shared space solution -  Subscribe
© The Irish Times 26 Feb '20

Appeals board refuses planning for 146 Clonmel homes in ‘fast track’ case

An Bord Pleanála has refused planning permission for 146 dwellings at Clonmel, Co Tipperary. In a split decision on the “fast track” Strategic Housing Development (SHD) proposal, the appeals b -  Subscribe
© The Irish Times 26 Feb '20

Eoin Burke-Kennedy: Turbocharging housing supply may fuel negative equity

Ires Reit dismissed suggestions, however, that it would halt building new apartments until it knew which parties were likely to form the next government. -  Subscribe
© Irish Examiner 25 Feb '20

Fast-track scheme saw 10,000 more new homes green lighted in 2019 than previous year

Planning was granted for almost 17,000 new homes under the government’s fast-track planning scheme in 2019, an increase of almost 10,000 on the previous year. -  Subscribe
© The Irish Times 25 Feb '20

DEAL: Hibernia Reit lets remaining space in 2WML building (2 Windmill Lane) in Dublin’s South Docks

The 47,500 sq ft has been rented on a 15-year lease, with term certain of seven years, at initial rent of €2.9 million per annum – almost €60 per square foot. The building is now let to Zalan -  Subscribe
© The Irish Times 25 Feb '20

Hammerson losses widen on the back of disposals and retail collapses

Hammerson said occupancy levels remained high, but the firm has seen like-for-like rental income slide 6.7pc as it was hit by retailer administrations and restructurings. In Ireland, Hammerson’s -  Subscribe
© The Irish Times 25 Feb '20

Commercial vacancy rates increased in all provinces last year

In total, 16 counties recorded increases in their commercial vacancy rates, with decreases occurring in only six counties, the latest GeoView Commercial Property Report, from GeoDirectory and EY-DKM E -  Subscribe
© The Irish Times 25 Feb '20

Longview seeks permission for 753 homes in Cork’s outskirts

Longview Estates, backed by investor Temporis Capital, is seeking permission from An Bord Pleanála to build 753 houses and apartments in Ballyvolane on the city’s northside. -  Subscribe
© Irish Independent 24 Feb '20

[NEEDS INDO SUB] Charlie Weston: Rates may be finally falling but people can't afford to buy

The irony is that there is so little choice and a chronic affordability issue when it comes to securing a property to buy with the newly competitive mortgages. Last year some 21,000 homes were comp -  Subscribe
© The Irish Times 24 Feb '20

1,800 homes sign up as WiredScore rolls out build-to-rent certification

The WiredScore certification system is meant to create a benchmark enabling landlords, agents and tenants to have a good reading of a building’s internet connectivity potential. In much the same way -  Subscribe
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