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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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© Other 02 Mar '20

The house that Jack built: 'Ireland is awash with poor quality products from the legacy of a lack of regulation'

Peter Halpenny, the group developments director at Ballymore Group said that less than 50% of the cost of a house is spent on the developing and building of it – the rest is spent on land and tax. -  Subscribe
© The Property Week 02 Mar '20

CBRE: Ireland's Commercial property sector has demonstrated resilience in the first 2 months of 2020

CBRE Ireland has released their first bimonthly property market report for 2020. According to CBRE, in addition to having to contend with property-related measures announced in Budget 2020 towards the -  Subscribe
© Irish Independent 02 Mar '20

[NEEDS INDO SUB] Starwood Property Trust gains $120m on sale of Irish 'Cedar' portfolio to Blackstone

The portfolio of offices included the Watermarque building, 75 St Stephen's Green, Iveagh Court, Marsh House, 29-31 Adelaide Road, and 1 and 2 Parkgate Street. The properties comprise nearly 55,830 sq -  Subscribe
© Irish Independent 02 Mar '20

[NEEDS INDO SUB] Dundrum owner has €138m wiped off its Irish property book

Irish property owned by Hammerson has decreased in value by nearly £119m (€138m). Hammerson, which also holds stakes in Dublin's Ilac Centre and the Swords Pavilions, revalued its property as part -  Subscribe
© The Irish Times 02 Mar '20

Glenveagh close in on pre-fund €250m deal with Round Hill Capital for 450 north dockland apartments

The nine-block scheme, some of which will be 15 floors high, will now be rented out rather than sold to private buyers, according to the Sunday Times -  Subscribe
© The Irish Times 02 Mar '20

Housing plan in Dublin halted to facilitate Eastern Bypass

Last year, in response to the housing crisis, Dublin City Council selected 20 plots totalling 55 hectares, which it plans to change from industrial zoning to residential or mixed-use zoning. One of th -  Subscribe
© Irish Independent 28 Feb '20

Ires shares plunge as rent freeze moves up the political agenda

The report triggered a more than 12pc fall in Ires Reit's share price yesterday. That was three times greater than a general fall for the rest of the Irish stock market, reeling from fears the coro -  Subscribe
© The Irish Times 28 Feb '20

Company founded by Nowlan and Kenny refurbishing landmark Mespil Estate apartments

Urbeo Residential, the residential investment platform founded by property veterans Bill Nowlan and Frank Kenny, has in recent months quietly acquired the portfolio of 40 apartments Garrett Kelleher a -  Subscribe
© The Irish Times 28 Feb '20

John FitzGerald: Urgent action is not enough to deliver required new homes

Building land is still exceptionally pricey, with one site in Dublin this week selling for €6.5 million an acre. Effective action to release more building land, tackle land hoarding and reduce site -  Subscribe
© The Property Week 28 Feb '20

Strong growth in Mortgage Approvals in January: BPFI Mortgage Approvals Report

–– Some 3,265 mortgages to the value of €744 million were approved in January–– Good growth continues  with first-time buyers – volume up 7.5% year on year  -  Subscribe
© The Irish Times 28 Feb '20

‘The only time apartments were viable was in . . . Ballsbridge, Killiney and Dalkey’: Pat Farrelly CEO Irish Institutional Property

Farrell sees the participation of institutional capital – which, he notes, accounts for less than 5 per cent of the total rental stock available in the Republic – as being critical for a mature pr -  Subscribe
© The Irish Times 28 Feb '20

Glenveagh Properties moved into profit last year

It said more than 475 units which are due for delivery in 2020 are now “sold, signed or reserved”, substantially underpinning its delivery target for 2020 of 1,000 units. Glenveagh chief execut -  Subscribe
© Irish Examiner 26 Feb '20

'FingLUAS': Plans to extend Luas to Finglas revealed

Transport Infrastructure Ireland says the proposed Luas Finglas project will involve extending the northern part of the green line from its current terminus in Broombridge to Charlestown. The new t -  Subscribe
© The Irish Times 26 Feb '20

Sales of development land reached €1.2bn in 2019: Cushman & Wakefield

Notable transactions in 2019 included the €140 million sale of DIT’s Kevin Street campus to developer Shane Whelan’s Westridge Real Estate and the sale for €127 million of the 73-acre Project -  Subscribe
© The Irish Times 26 Feb '20

DEAL: LRC Group pays €9m for apartment portfolio at Applewood in Swords, Co Dublin

The amount paid by LRC represents a premium of 20 per cent on the €7.5 million price agent Hooke & MacDonald had been guiding when it brought the portfolio to the market on behalf of Gannon Properti -  Subscribe
© The Irish Times 26 Feb '20

DEAL: German investor acquires Hatch Street office building for €35m

KanAM Grund Group is understood to have paid about €35 million in an off-market transaction for One Upper Hatch Street in Dublin city centre. The office investment, which is occupied predominantly b -  Subscribe
© The Irish Times 26 Feb '20

Cosgrave Group to sell 368 units at Cualanor in Dún Laoghaire for €210m

A real estate fund managed by Deutsche Bank subsidiary DWS is closing in on the €210 million purchase of 368 apartments being developed by the Cosgrave Property Group in Dún Laoghaire, Co Dublin. -  Subscribe
© The Irish Times 26 Feb '20

New Irish commercial property website goes live

Speaking at the launch, founder and chief executive TJ Kearns said: “With existing property websites heavily weighted in favour of the residential market and shared space solution -  Subscribe
© The Irish Times 26 Feb '20

Appeals board refuses planning for 146 Clonmel homes in ‘fast track’ case

An Bord Pleanála has refused planning permission for 146 dwellings at Clonmel, Co Tipperary. In a split decision on the “fast track” Strategic Housing Development (SHD) proposal, the appeals b -  Subscribe
© The Irish Times 26 Feb '20

Eoin Burke-Kennedy: Turbocharging housing supply may fuel negative equity

Ires Reit dismissed suggestions, however, that it would halt building new apartments until it knew which parties were likely to form the next government. -  Subscribe
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