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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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© Irish Independent 20 Dec '22

Jeweller Paul Sheeran about to open a row of luxury watch boutiques off Chatham Street, Dublin 2

Other retailers had been interested in the Chatham Street development. When Covid hit and some potential tenants fell away, Sheeran kept "prodding, prodding prodding" until he secured the premises. -  Subscribe
© The Irish Times 16 Dec '22

Cairn Homes granted permission for apartments and hotel on former RTÉ land

Dublin City Council has granted planning permission to Cairn Homes for a major mixed-use development on former RTÉ lands at Montrose in Dublin 4, conditional on the developer paying close to €10 mi -  Subscribe
© Irish Independent 12 Dec '22

Pat Phelan’s Sisu cosmetic clinic is planning to open in 20 new locations during 2023

This expansion plan for 2023 will have a cost of up to €10m, with each location requiring an investment of €350,000 to €400,000 plus additional funds for marketing and promotion. -  Subscribe
© The Irish Times 12 Dec '22

Government mulls tax break for developers amid concern over political fallout

The industry wants the Government to reduce VAT on the purchase of new homes from the current rate of 13.5 per cent, in a bid to restore the development margin, which has been squeezed by a surge in i -  Subscribe
© Irish Independent 12 Dec '22

Richard Curran: Facebook’s re-think on new Dublin offices looks scary

The decision by Facebook not to go ahead and occupy a massive area of new office space at the former AIB headquarters in Ballsbridge will ruffle more than a few feathers. Its parent company Meta ha -  Subscribe
© Irish Independent 12 Dec '22

Californian investors in Liss Ard Country Manor House in West Cork seek other opportunities

“We are 100pc looking for the next property in Ireland,” said Johnston of St Dominic Properties who purchased the 163-acre Liss Ard Estate with Georgian country manor house hotel in Skibbereen fo -  Subscribe
© The Irish Times 12 Dec '22

Resident groups to be barred from taking High Court actions against planning decisions

The ability of An Bord Pleanála and local authorities to make decisions that materially contravene a development plan will be limited. The body will be renamed the Planning Commission with more decis -  Subscribe
© Irish Examiner 12 Dec '22

Further drop in building activity threatens housing targets

The latest Construction Purchasing Managers’ Index shows activity in the sector fell for the second month running. It adds to a growing list of data pointing to a slowdown as inflation and a drop -  Subscribe
© The Irish Times 11 Dec '22

ESRI modelling signals boosting housing supply would calm prices

ESRI researchers suggest that an increase in annual housing supply from a 25,000 baseline to 35,000, which is an annual target considered the minimum necessary to meet medium-term demand, would cause -  Subscribe
© Irish Independent 11 Dec '22

Ballymore seeks permission to turn seven-storey office development into mix of 28-apartments

Ballymore applied to Dublin City Council to change the use of the Meridian Building in Dublin 15 to residential. Last week, the council requested additional information on the proposed change of use p -  Subscribe
© Business Post 11 Dec '22

Market Bar landlord objects to tenant’s proposed expansion

Mercroft Taverns, which operates the Dublin bar, is seeking permission to open a ‘tasting room’ in a new space backing onto the current premises. Mark Conan, a property investor and owner of the M -  Subscribe
© Business Post 11 Dec '22

Three promotions announced at TWM

Sarah Winters has been promoted to director, Russell Cleere has been promoted to associate director and Stephen Aherne has also been promoted to associate director -  Subscribe
© The Irish Times 08 Dec '22

Meta scales back plan to occupy new European HQ in Dublin 4

Facebook has decided not to occupy Fibonacci Square, the 34,838sq m (375,000sq ft) office space developed by Johnny Ronan’s RGRE as part of the tech giant’s new European headquarters in Ballsbridg -  Subscribe
© Irish Independent 08 Dec '22

Richard Curran: Money isn’t the issue when it comes to housing, it is local authorities holding it up every turn

Depressing is the first thing that comes to mind when you read the latest analysis of the housing market from Banking Payments Federation Ireland (BPFI), the lobby group for the banking sector. -  Subscribe
© The Irish Times 08 Dec '22

Adrian Trueick, Knight Frank: Current uncertainty offers opportunity for investors to secure attractive property deals

Some institutional investors have hit the pause button, waiting for greater levels of transparency on pricing before re-entering the market. This has resulted in lower transaction volumes in the final -  Subscribe
© The Irish Times 08 Dec '22

Fergus O’Farrell, Savills: ‘Pricing is the only inhibitor to transactions, as opposed to a lack of investor demand’

A further area of shortage is in prime offices. Other than Salesforce – and possibly Fibonacci Square – there have been no prime ESG-credentialed fully let office buildings sold this year, with li -  Subscribe
© The Irish Times 08 Dec '22

Rod Nowlan, Bannon: Value and opportunity underpin resurgent demand for retail assets

Unlike the office, industrial and residential sectors, which face a material repricing triggered by the increase of interest rates, the retail sector has in effect spent the last five years being repr -  Subscribe
© The Irish Times 08 Dec '22

Michele McGarry, Colliers: Are we seeing distress? No, not yet. Is it yet to come? Possibly, in some instances.

The questions we are being asked by buyers include who sellers are and are we seeing distress in our market? Sellers include (but are not limited to) those looking to exit certain asset classes, those -  Subscribe
© The Irish Times 08 Dec '22

John Swarbrigg, Savills: Market for development land robust despite headwinds

We need to recognise that developers want to and need to develop housing. Invariably, it’s other factors, such as the aforementioned planning landscape or infrastructure deficiencies, that are some -  Subscribe
© The Irish Times 08 Dec '22

Michele Jackson, TWM: Property still offers a risk premium, particularly for investments with rental growth potential

Real estate is a very diverse and nuanced asset class and pricing will be determined by the qualities of the individual property and how well it can be future-proofed to meet occupiers’ needs and ES -  Subscribe
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