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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 Currency 12 Sep '23

The Beckett Building is owned by a South Korean investor and leased to Meta. It has now gone into receivership

German lender Landesbank Hessen-Thüringen Girozentrale has installed Grant Thornton as receiver over the prime site in Dublin. It marks the first major commercial property receivership since the slow -  Subscribe
© The Irish Times 12 Sep '23

Cantillon: Is Dublin office market heading for a hard landing?

It is widely accepted that office values — and commercial property values at large — are in a state of flux amid soaring interest rates, the rise of remote working and an assortment of other chall -  Subscribe
© Irish Examiner 12 Sep '23

Housing completions improve to meet demand while mortgage drawdowns decline

A new report by the Banking and Payments Federation Ireland suggested that total completions this year could reach over 30,000 units however this is the minimum number of completions needed to tackle -  Subscribe
© Business Post 11 Sep '23

Brick and mortar retail holding up against growth of online shopping

Kate Ryan of Colliers estate agents pointed to recent figures from consultants MSCI that revealed a return to growth for retail rents in the first half of this year, with overall retail rental values -  Subscribe
© Business Post 11 Sep '23

Kennedy Wilson completes three developments to deliver 800 homes

The schemes at Coopers Cross, The Grange, and Sandford Lodge add to the US multi-national real estate investment company’s Irish multi-family portfolio, which now stands at more than 3,300 units wit -  Subscribe
© Business Post 11 Sep '23

Peter Garrigan, CBRE: Residential land hoarding is more fiction than fact

While development land trades have slowed, demand for well positioned sites remains strong, particularly for residentially zoned sites. However, landowners should be aware of the need for fresh thinki -  Subscribe
© Business Post 11 Sep '23

Builders making offices work as homes with conversion projects

Cashel Business Centre is a nondescript office block in Crumlin, on the southern edges of Dublin city. As a microcosm of the country’s office market, it is an instructive example. Michael Heavey, -  Subscribe
© Business Post 11 Sep '23

Johnny Ronan to sell prized Bewley’s Café building to pay down €300m debt

In 2008, when the Irish property crash hit, Ronan lost this prized asset, and his wider portfolio, when Nama took over the loans connected to his companies. Those assets were regained in 2015 from -  Subscribe
© Irish Examiner 10 Sep '23

Number of homes receiving planning permission down by almost a quarter as sector 'remains in limbo'

New figures from the Central Statistics Office show approvals fell by 23% from more than 11,300 at the beginning of 2023 to just 8,723 in the second quarter, adding to fears that a lack of supply will -  Subscribe
© Irish Independent 08 Sep '23

Number of vacant commercial properties in Ireland is at its highest level since 2013

The number of vacant commercial properties increased in 20 counties in the 12 months to June 2023, according to the latest Geodirectory survey. It showed 29,798 vacant commercial units recorded in the -  Subscribe
© Irish Independent 08 Sep '23

Dublin City Council told to urgently address ‘chronic shortage’ of up to 50,000 homes in Docklands

This is according to the Docklands Oversight and Consultative Forum (DOCF), who have been appointed by Housing Minister Darragh O’Brien to advise the DCC on the strategic development of the area. -  Subscribe
© The Irish Times 08 Sep '23

SCSI calls for ‘long-term’ budget planning to drive down housing costs

Kevin Hollingsworth, vice-president of the SCSI, said that the society wants to see “soft costs” such as development levies, high road closure fees, local authority licence fees and other duties t -  Subscribe
© Irish Independent 07 Sep '23

Esprit’s Eric Kinsella finally gets go-ahead for Grafton House Sandyford aparthotel

The positive decision from An Bord Pleanála marks the end of a lengthy planning process for Esprit Investments, which first applied for permission for the development two-and-a-half years ago. Esp -  Subscribe
© Irish Independent 07 Sep '23

Developer must pay vacant site tax on old Chivers plant

Andrew Gillick lobbied officials for the change of zoning, saying they were “successful” developers who could deliver affordable homes for “normal people”. However, construction has not starte -  Subscribe
© Irish Independent 07 Sep '23

Developer must pay vacant site tax on old Chivers plant

The former Chivers factory site in Coolock was rezoned from industrial to residential use in 2018 after its owners said it could deliver hundreds of homes for “normal people”, but they have yet to -  Subscribe
© Irish Independent 07 Sep '23

Paul McNeive: Yields are moving, but by how much and for how long is still in play

There is no greater conundrum now than the investment market, which has been in a protracted phase of what estate agents dubbed “price discovery”. -  Subscribe
© The Irish Times 07 Sep '23

Court told €9m sale of interest in East Wall property has been put at risk

The claim has been made by Distillery Commercial Limited, which holds a long-term lease in respect of the property known as Block C, Crosbie’s Yard, Ossory Road in East Wall, Dublin 3. -  Subscribe
© Irish Independent 07 Sep '23

Cairn Homes upgrades full-year guidance despite decline in profits in first half

Michael Stanley: “We believe the fundamental root to the challenge is actually people being honest about the number of homes that are needed and locations and expressing that in updated housing need -  Subscribe
© The Irish Times 07 Sep '23

Myles Clarke, CBRE: Climate change presents significant challenge for real estate investors

Developing new assets means addressing not just the environmental impact of a building, but ensuring also that thought is given to its impact on society. Our built environment must not ostracise local -  Subscribe
© The Irish Times 07 Sep '23

DEAL: Private Irish investor pays €3.5m for Lower Baggot Street Georgian

A private Irish investor has paid €3,505,005 for 73 Lower Baggot Street, a prime Georgian property with development potential. The price represents a 17 per cent premium on the €3 million Colin O -  Subscribe
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