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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 30 Aug '24

Ireland’s rental market is so dysfunctional even the data does not make sense

The year-on-year increase in Dublin, according to Daft, ranged from 4.1 per cent in north Dublin to 2.5 per cent in South Dublin, which is lower than the RTB figure of 6.2 per cent for Dublin. -  Subscribe
© The Irish Times 30 Aug '24

Less than 60% of new homes sold last year went to individual buyers - DNG

“Compared to the total sales shown on the PPR, the analysis of multi-unit sales found that in 2023 there were an additional 5,163 new homes sales that were part of block sales, that were not capture -  Subscribe
© The Irish Times 28 Aug '24

DEAL: Addleshaw Goddard Ireland to occupy 2,576sq m across first and second floors of at Fitzwilliam 28

International law firm Addleshaw Goddard has signed a new 14-year lease with SMBC Aviation Capital to occupy the second floor and a portion of the first floor at Fitzwilliam 28 in Dublin city centre. -  Subscribe
© The Irish Times 28 Aug '24

DEAL: Workday selects Marlet Property Group's College Square for new European headquarter office

Having abandoned its original plan to build its new Dublin base in Grangegorman earlier this year, the US enterprise technology giant looks set to occupy 44,130 sq m of the office accommodation at Co -  Subscribe
© The Irish Times 28 Aug '24

Value of development land sales reach €411m in first half of 2024: Sherry FitzGerald

Jean Behan: “The stronger activity levels seen in the development-land market during the first half of the year have been underpinned by a more positive economic outlook, reduced construction-cost i -  Subscribe
© Irish Independent 23 Aug '24

Mango plans new Grafton Street store as Irish expansion continues

The Barcelona-headquartered clothing retailer has applied for planning permission from Dublin City Council for what is described as a Mediterranean-inspired, female-only clothing store on the stretch -  Subscribe
© The Irish Times 23 Aug '24

Oscar Traynor Woods ‘affordable’ homes attract 260 applicants

Applications to buy the State-subsidised houses, with prices ranging from €254,358 to €475,000, closed earlier this week, with eligible buyers now facing a lottery for selection to buy the homes. -  Subscribe
© RTE 22 Aug '24

IPAV calls for 'Section 23 type' tax incentive

The association also called for the introduction of a common tax rate of 30% to apply to all landlords, regardless of how many properties they own. Private landlords currently pay about 52% of rent -  Subscribe
© Irish Independent 22 Aug '24

‘We have tried everything’ - popular on Exchequer Street karaoke bar Ukiyo closes after 20 years

A popular Dublin dining spot and karaoke bar has announced its immediate closure, warning that unless the Government “gets off its hands and helps”, it won’t be the last. The news comes as anoth -  Subscribe
© The Irish Times 22 Aug '24

Builders call for VAT cut on new homes to ease housing crisis

Government should offer developers tax incentives to switch sites bought for commercial building to housing. This could encourage the redevelopment of land where it would otherwise be too costly to bu -  Subscribe
© The Irish Times 22 Aug '24

BlackRock in deal for new headquarter office at Glencar House in Dublin 4

The Irish Times understands that BlackRock will occupy 2,044sq m (22,000sq ft) distributed across the third and fourth floors of the building on a 10-year lease at a blended rent of about €65 per sq -  Subscribe
© The Property Week 22 Aug '24

Sherry FitzGerald: Low housing stock levels continue to impact Ireland’s housing market.

The latest bi-annual analysis conducted by Sherry FitzGerald Research has revealed that Ireland's critical shortage of available housing stock continues, with the number of second-hand properties for -  Subscribe
© The Property Week 16 Aug '24

Savills: Q2 Dublin Industrial and Logistics Market

Q2 take-up across the Dublin industrial and logistics market came to 147,900 sq ft, representing a 76% decline on the same period last year. The total number of deals was eight, meaning the average de -  Subscribe
© Irish Independent 16 Aug '24

Goldman Sachs strikes deal with Strategic Value Partners over Blanchardstown Shopping Centre

The US investment bank offered the center for sale last year, seeking about €650m, Bloomberg News reported at the time. The selling price is lower than that, the people said, asking not to be identi -  Subscribe
© Irish Independent 16 Aug '24

Indo Daily Investigates: ‘Nimbyism’ – How one developer is blocking the construction of 850 new homes

Separately, Mr Leonard’s property development business contacted the LDA about a project of its own in Cork city, the Irish Independent has learned. Mr Leonard runs a property development business c -  Subscribe
© Irish Independent 16 Aug '24

Cyprus-based cuckoo fund trying to sell up to 120 Irish homes due to ‘poor return’ on investment

A cuckoo fund that bought hundreds of distressed Irish properties is trying to offload dozens of them because they “were not making a good return”. However, the investment group served a number o -  Subscribe
© The Irish Times 16 Aug '24

Dylan McGrath shuts Dublin restaurants Brasserie Sixty6 and Rustic Stone

In a note on the website of Rustic Stone, Mr McGrath said it was “hard to put into words what had happened to restaurants and the city centre over the past four years”. -  Subscribe
© Irish Independent 15 Aug '24

Sale of 280-acre site is ‘opportunity to bring Luas to Bray,’ says Wicklow TD

It is understood that Cairn Homes agreed an off-market deal of €80m with the Cosgrave family for the strategic site, which lies between Fassaroe in Bray, and Monastery, which is just south of the Co -  Subscribe
© Irish Independent 15 Aug '24

Property prices now rising at their fastest rate in 20 months

Property price rises are accelerating, with an 8.6pc surge in the year to June. The Central Statistics Office (CSO) said prices in Dublin shot up by 9.3pc in the past year, and prices outside Dublin -  Subscribe
© The Property Week 15 Aug '24

SCSI: Residential Property Mid-Year Market Monitor 2024

Key Findings from the report include:  Estate agents expect national property prices to increase by an average of 4.5% over the next 12 months   Three out of four agents report low -  Subscribe
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