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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 16 Jul '21

Paddy McKillen jnr’s Oakmount acquires lands with access route to popular Wicklow beach

While the amount paid represents a massive premium on the €210,000 the property had been guiding in advance of its sale, intense competition involving five parties on the day saw bids surpass the -  Subscribe
© Irish Independent 15 Jul '21

Housing Minister confirms that 115 home Maynooth development won't be sold to investment fund

The Minster has said the 115- home development of Mullen Park, Maynooth will be sold only to homeowners, and not to institutional funds as originally planned. There has been controversy over invest -  Subscribe
© The Irish Times 15 Jul '21

Renters who buy – even at elevated prices – will see their housing costs plunge

Kevin Johnson, chief executive of the Credit Union Development Association, thinks so. He notes that some applicants’ mortgage repayments account for just 20-25 per cent of their net income under th -  Subscribe
© The Irish Times 15 Jul '21

Cairn Homes set for €180m sale of Dublin apartment portfolio

US-headquartered property giant Greystar is closing in on the purchase of 342 homes being developed by Cairn Homes on a site at Griffith Avenue in Marino, Dublin 3. -  Subscribe
© The Irish Times 15 Jul '21

Colony Capital eyes €120m in sales as retreat from Ireland continues

Having already received €292 million last April from the sale to Blackstone of its 74 per cent controlling interests in the Burlington Plaza office complex on Burlington Road and the headquarters of -  Subscribe
© The Irish Times 15 Jul '21

Avison Young appoints four new directors

Chris Boyle (compulsory purchase), John Algar (business rates), Siobhan Murphy (business rates) and Bruce Dodd (valuations and professional services) have over 70 years of professional experience betw -  Subscribe
© The Irish Times 15 Jul '21

DEAL: Aldgate Developments secures largest office letting of 2021 in Sandyford

BNP Paribas Bank and US medical devices giant ResMed Inc have executed their respective long-term leases on a combined 60,000sq ft of office accommodation at the newly-developed Termini. -  Subscribe
© The Irish Times 15 Jul '21

Marlet agrees €270m financing deal for College Square scheme

Apollo Global Management have agreed to provide a €162 million, four-year, floating rate senior construction loan. Apollo is a high-growth, global alternative asset manager with $461 billion (€390 -  Subscribe
© The Irish Times 15 Jul '21

Hammerson says it will stop granting future rent concessions to tenants

Hammerson said on Thursday it would stop granting future rent concessions to tenants, as business activity picks up with further easing of coronavirus-related restrictions. -  Subscribe
© The Irish Times 15 Jul '21

Ires Reit in social housing lease to Tuath for €40m apartments

Ires Reit bought the apartments at Hampton Wood near the Ikea furniture store in Ballymun from developer Dwyer Nolan in 2018. Ires began renting out the complex itself and in May 2018 marketed the -  Subscribe
© The Irish Times 15 Jul '21

Pandemic may have fuelled higher rent increases outside Dublin: Residential Tenancies Board

Interim director of the RTB Padraig McGoldrick: The increases outside of Dublin could be the “start of a potential trend of people moving outside of urban centres” as a result of being able increa -  Subscribe
© The Irish Times 15 Jul '21

State must build half a million homes by 2036, estate agent claims

Marian Finnegan said while sales were growing in nearly all price categories, the pick-up was most pronounced at the top end of the market with sales of properties worth €800,000 or more up almost 3 -  Subscribe
© The Irish Times 15 Jul '21

Maynooth new homes back for sale as deal with UK investor called off

The developer of the Mullen Park estate in Maynooth is to offer the remaining homes at the scheme for individual sale rather than proceed with a deal to sell them in their entirety to UK-headquartered -  Subscribe
© The Property Week 12 Jul '21

Development Land Market Update July 2021: Knight Frank

In excess of €99 million worth of development land transactions occurred in the second quarter bringing the total for the first half of the year to almost €194 million.* The majority of acti -  Subscribe
© Business Post 12 Jul '21

Dublin office market operating more freely in Q2, says Lisney

Aoife Brennan: “While transactions remained relatively low, the amount of accommodation reserved grew over the quarter and is a positive indicator for activity in the second half of the year and int -  Subscribe
© Business Post 12 Jul '21

TikTok’s €420m European data centre set for Clondalkin

The Echelon data centre campus, which is set on a 35-acre site in Dublin 10, is due to be operational by the end of this year when the first data halls are opened. A number of industry sources have co -  Subscribe
© Business Post 12 Jul '21

Ronan Group gets new business partner for Dockland towers

Colony Capital, the US firm, has struck a deal to sell its real estate portfolio in Ireland to Fortress Investment Group, a US-based investment firm, including its stake in the planned 45-storey tower -  Subscribe
© The Irish Times 12 Jul '21

Cliff Taylor: The Government is about to go really big on housing

It seems a particular focus of the plan will be getting more apartments built. The industry has complained that it is not economic to do so now at a reasonable cost – requiring developments to be pr -  Subscribe
© The Property Week 12 Jul '21

Housing sector drives post-Covid construction sector surge: Ulster Bank

Construction activity continued to ramp up at a rapid pace in June following the loosening of restrictions, according to the latest purchasing managers’ index (PMI) for the sector from Ulster Bank. -  Subscribe
© The Property Week 12 Jul '21

Irish land sales total €193 million this year

Irish land sales totalled approximately €99m in Q2 2021, bringing the total year-to-date turnover to €193m, according to new data from property advisor, Savills Ireland. This represents an i -  Subscribe
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