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GET THE LATEST PROPERTY NEWS STORIES

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 29 Mar '22

AIB to offer cheaper loans to developers who build to the new Irish Green Building Council (IGBC) building specification

The discount will be up to 10 basis points lower than existing rates, which could have a significant impact on the cost of development. Cathy Bryce, managing director of AIB capital markets: "This new -  Subscribe
© Irish Examiner 29 Mar '22

DEAL: Bank of Ireland's Munster HQ at 32 South Mall, Cork is sold for close to €13.5m

Cork City’s Bank of Ireland HQ building at 32 South Mall went up for sale in October of last year, being sold by a private investor and was described as a trophy asset. It has an annual return of -  Subscribe
© Business Post 28 Mar '22

North docklands boutique hotel gets green light

Permission has also been granted for the refurbishment and extension of the adjoining apartment block, also on East Road with the addition of 58 apartments. The final development will comprise a mix o -  Subscribe
© Business Post 28 Mar '22

Conveyancing reform will lead to faster property transactions

Amid discussions about stimulating supply to meet the housing crisis, and necessary planning reform, rumblings continue about the property transaction timeline. It is estimated that in Ireland the ave -  Subscribe
© Business Post 28 Mar '22

Older offices ‘failing to meet higher standards’ demanded by staff returning to workplaces

Simon McEvoy, senior asset manager with Iput: ‘The market for good buildings, good quality space and good locations is very strong right now.’ Picture: Fergal Philllips -  Subscribe
© Business Post 28 Mar '22

Construction firms threaten to down tools on roads and housing schemes

The companies have warned that “hyperinflation” means the works are no longer viable and that they cannot afford to deliver them, as the costs of steel, timber, diesel and other materials have soa -  Subscribe
© The Irish Times 28 Mar '22

Three directors of Glenveagh Properties share €2.2m pay package for 2021

The three executive directors of Glenveagh Properties shared total remuneration of more than €2.2 million in 2021, up 79 per cent on their combined remuneration the year before, according to the hom -  Subscribe
© The Irish Times 28 Mar '22

Stock market is a tough place for property firms to seek value

The stock market is proving a tough ground for property businesses. That is the inevitable takeaway from the news that Hibernia Reit’s board has unanimously recommended a takeover offer from Canadia -  Subscribe
© The Irish Times 28 Mar '22

House-price inflation set to stay in double digits for much of 2022

“One chink of light is that new instructions to sell of 7,500 in the first 11 weeks of 2022 are well up from 4,800 in 2021, albeit still below the 9,250 in 2019. The flow of new properties therefore -  Subscribe
© Business Post 28 Mar '22

Ronan Group’s 34-hectare Glass Bottle site redevelopment gets green light

A consortium of RGRE, Lioncor Developments and Oaktree Capital Management lodged planning permission for 570 units at the site in July last year, kick-starting the redevelopment of more than 34 hectar -  Subscribe
© Irish Independent 28 Mar '22

Joe Cosgrave: king of the suburbs who built a reputation for decency

Writing about Joe Cosgrave and his property developer siblings in their 2008 book The Builders, Frank McDonald and Kathy Sheridan noted: “Unlike other developers, who leave human debris and dismay i -  Subscribe
© The Currency 28 Mar '22

Stuck in the middle: Why 56% of renters have been abandoned by developers (and the state)

In my last piece I wrote about housing need, as opposed to housing demand. I also described a simple framework – shown again below – to guide policymakers as they seek to -  Subscribe
© Irish Independent 26 Mar '22

Seven out of 10 housing units being built in Dublin are now apartments

This means that only a very small number of these units will be made available for households to purchase, according to an analysis of Department of Housing statistics by Goodbody Stockbrokers. -  Subscribe
© Other 25 Mar '22

Up to 420 homes and a hotel could be developed on Wicklow County Council land in Greystones

Over 420 apartments could be developed on the lands owned by Wicklow County Council on Mill Road in Greystones, local councillors have heard. Elected members of Greystones Municipal District receiv -  Subscribe
© The Irish Times 25 Mar '22

DEAL: Iput in €50m deal for Dublin 15 landbank at Killamonan Business Park, primed for industrial and logistics

The company’s acquisition of the 47.92 hectare (118.40 acre) Killamonan Business Park will bring its overall holding in the area surrounding the Cherryhound Interchange on the M2 to 73.83 hectares ( -  Subscribe
© The Irish Times 25 Mar '22

Developers seek permission for almost 1,500 units on sites in in Walkinstown, Saggart and Kimmage

Steeplefield plans a 633-unit build-to-rent apartment scheme for Walkinstown. Kelland Homes and Durkan Estates Ireland plan 655 residential units at Boherboy, Saggart. Lioncor Developments firm, Teren -  Subscribe
© The Irish Times 25 Mar '22

Hibernia Reit receives takeover offer from rom Benedict Real Estate Bidco valuing it at more than €1bn

The offer has been unanimously recommended by the Hibernia Reit board, pursuant to which Bidco will acquire the entire issued and to be issued share capital of Hibernia Reit. -  Subscribe
© The Irish Times 25 Mar '22

Irish developer trio bankrupt in England retained Polish site

Leaked documents show the three men were shareholders in the Cyprus company from 2010 to 2018 – both before and after their bankruptcies – while two of them, Mr Shovlin and Tony Fitzpatrick, conti -  Subscribe
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