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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 19 Nov '21

One of the main holding companies in Johnny Ronan's property group posts €30.3m loss

Accounts filed by Ardquade Ltd show it recorded the loss chiefly as a result of a non-cash writedown of €25.48 million in the value of its investment property portfolio, along with exceptional costs -  Subscribe
© The Irish Times 19 Nov '21

Dún Laoghaire council recommends refusal of ‘overbearing’ student scheme

Earlier this year, Baker Forge Properties lodged “fast-track” plans with An Bord Pleanála for a six-storey development at Baker’s Corner, Rochestown Avenue and Kill Avenue, Dún Laoghaire. -  Subscribe
© Irish Independent 18 Nov '21

DEAL: Sale of Deansgrange Road Mooney's motor site agreed for apartments

Agents Knight Frank had been guiding in excess of €8.5m for the property which also has permission for four ground-floor commercial units, a café and a crèche over a basement car park. -  Subscribe
© The Irish Times 18 Nov '21

Undersupply or undercounting: Are rental homes really so hard to find in Dublin?

The Daft report would have included only four units, as these are what are advertised on its website. Again, then, a substantial undercounting. With housing so politicised, the need for accurate infor -  Subscribe
© The Irish Times 18 Nov '21

Teeling Whiskey opposes nine-storey Dublin apartment scheme

The whiskey company has appealed Dublin City Council’s decision to grant permission for a 33-unit apartment scheme fronting Newmarket and Mill Street. The developer is Creedon Group. -  Subscribe
© The Irish Times 18 Nov '21

More than half of landlords had rental income below €10,000 in 2019

The CSO’s Rental Sector in Ireland 2021 report, developed in collaboration with the Residential Tenancies Board and the Department of Housing, suggests the sector here comprises a significant number -  Subscribe
© The Irish Times 18 Nov '21

The vast majority of landlords only own one or two properties

The CSO data also show that close to half of all current rental properties were bought in the Celtic Tiger years before property values crashed. Those LPT valuations were set in 2013 at a time when ma -  Subscribe
© The Irish Times 18 Nov '21

Hibernia Reit sees work from home call dampening office demand

Hibernia Reit chief executive Kevin Nowlan said in a trading update from the company, which owns €1.45 billion of mainly office property in Dublin, that he has been pleased to see a pick-up in activ -  Subscribe
© The Irish Times 18 Nov '21

‘Unprecedented’ collapse seen in supply of rental accommodation, Simon report says

The group’s Locked Out report for October uses data from property website Daft.ie to examine access to housing in the private rental market for people on the housing assistance payment (HAP). It als -  Subscribe
© Irish Independent 17 Nov '21

Planning objectors will hurt shift to green energy leaving An Bord Pleanála ‘completely overwhelmed’

RWE’s Cathal Hennessy says Ireland will not meet its 2030 renewable energy targets “unless we have adequate investment in the grid infrastructure and we have reform in the planning system”, acco -  Subscribe
© Irish Independent 17 Nov '21

Australian ‘super’ pension backs deal for 700 apartments at Castleforbes, Dublin docks, from Nuveen Real Estate

Nuveen Real Estate has now acquired the site in a joint venture with Eagle Street Partners and HESTA, the Health Employees Superannuation Trust Australia. HESTA has more than 900,000 members and manag -  Subscribe
© Irish Independent 17 Nov '21

Jon Ihle: Lack of cash is not what's holding back housebuilders

In the middle of a housing crisis, builders Glenveagh have decided to give €100m back to its shareholders. Here’s why -  Subscribe
© The Irish Times 17 Nov '21

Cop26: Construction industry must embrace sweeping changes – and fast

Rami Nassar, head of sustainability with JLL: The Irish market is not without shortfalls. We have seen inadequate implementation of technology, less than optimal operation of buildings, poor maintenan -  Subscribe
© The Irish Times 17 Nov '21

Iconic Stillorgan Nimble Fingers seeks planning to build four apartments over expanded retail unit

The new development will be home to four apartments (two one-bed, one two-bed and one three-bed), which will have access from the Old Dublin Road. Toy lovers will be relieved to hear, however, that -  Subscribe
© The Irish Times 17 Nov '21

German investor closes in on €129m deal for Penneys distribution centre

The German investor Union Investment is closing in on the purchase of the new, state-of-the-art warehousing and distribution facility being developed by Penneys in Newbridge, Co Kildare. Having onl -  Subscribe
© The Irish Times 17 Nov '21

Renters to get right to ‘unlimited’ tenancies under new legislation

The new regime will change rules known as “Part 4” provisions which take effect six months into a tenancy to give renters the right to a lease with a total duration of six years. Such provisions r -  Subscribe
© The Irish Times 17 Nov '21

No “substantive progress” regarding overpayment of rent for Department of Health office, which has cost €1.4m

A mis-measurement in 2016 by the Office of Public Works (OPW) of the floor space of Miesian Plaza on Dublin’s Baggot Street means a loss to the taxpayer of €344,000 a year and Ms Shortall said ove -  Subscribe
© The Irish Times 17 Nov '21

UK arms firm strikes housing lease deal with Dublin council

Last year it emerged BAE Systems had sold £15 billion (€17.8 billion) worth of arms and services to Saudi Arabia’s military over a five-year period of war in Yemen. -  Subscribe
© The Currency 16 Nov '21

Inside Ireland’s rental crisis: Policy failures, construction costs and the ‘magic number’ when supply meets demand

Ronan Lyons writes: Dublin had sat out much of the rental market pressures during 2020, enjoying instead a brief respite after a decade of rental shortages, as the city entered lockdown and people fle -  Subscribe
© Other 16 Nov '21

Would Property Flipping Work at Scale in Ireland?: Auctioneera asks

So on balance, the same issues that sent Zillow packing from the US market would frustrate an Irish flipper and as such, we intend to stick to the old fashioned value maximisation of our clients’ pr -  Subscribe
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