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© The Irish Times |
23 Dec '22 |
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Cantillon: Land hoarding adding unwelcome premium to the price of housing
If institutional buyers pay a higher price for property, the higher price becomes capitalised into land values. The interplay between land values and property prices is a key dynamic here. If sales pr - Subscribe |
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© Irish Independent |
23 Dec '22 |
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DEAL: Sports Direct owner purchases former Debenhams flagship store on Dublin’s Henry St
Frasers Group has purchased the former Debenhams store located on Henry Street in Dublin’s city centre, which had a guide price of €55m. The group is also set to open a second Flannels store in Cl - Subscribe |
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© Irish Independent |
20 Dec '22 |
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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 |
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© The Irish Times |
16 Dec '22 |
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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 |
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© Irish Independent |
12 Dec '22 |
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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.
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© The Irish Times |
12 Dec '22 |
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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 |
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© Irish Independent |
12 Dec '22 |
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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 |
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© Irish Independent |
12 Dec '22 |
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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 |
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© The Irish Times |
12 Dec '22 |
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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 |
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© Irish Examiner |
12 Dec '22 |
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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 |
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© The Irish Times |
11 Dec '22 |
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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 |
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© Irish Independent |
11 Dec '22 |
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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 |
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© Business Post |
11 Dec '22 |
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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 |
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© Business Post |
11 Dec '22 |
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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 |
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© The Irish Times |
08 Dec '22 |
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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 |
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© Irish Independent |
08 Dec '22 |
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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 |
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© The Irish Times |
08 Dec '22 |
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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 |
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© The Irish Times |
08 Dec '22 |
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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 |
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© The Irish Times |
08 Dec '22 |
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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 |
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© The Irish Times |
08 Dec '22 |
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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 |
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