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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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© Business Post 03 Aug '21

Kavanagh faces legal battle to hold onto firm after subcontractor seeks to wind up company

Bigstone General Building petitions High Court to wind up developer’s Sequana Assets over alleged outstanding debt of around €130,000 -  Subscribe
© Irish Independent 03 Aug '21

DEAL: KPMG agree pre-let of some 337,000 sq. ft. at Hibernia REIT's Harcourt Square development

The letting has been agreed at an initial net effective rent slightly below €50 per sq. ft. per year. The development will add over €15m to the company’s rent roll once fully income producing. -  Subscribe
© Irish Independent 03 Aug '21

DEAL: Law firm DLA Piper sign 16-year lease for 6 storey office block on Molesworth Street

The property at 40 Molesworth Street was extensively renovated in 2017 by former owner IPUT, which had pre-leased the building to Walmart owned Jet.com at an annual rent of €1.8m. -  Subscribe
© Irish Independent 03 Aug '21

LDA chair’s frustration laid bare in resignation letter

“It was a source of considerable frustration and disappointment that there was for all intents and purposes limited or no consultation with the board about important policy formation during the past -  Subscribe
© Irish Independent 03 Aug '21

Values continue to fall on flagship retail properties

Colm Lauder of Goodbody stockbrokers says the second quarter fall in Grafton St values reflects an acceleration in the rate of decline seen in the first quarter. -  Subscribe
© The Irish Times 03 Aug '21

NoCo signs partnership that expands workspace network to 350 locations

The company said it was already seeing significant demand from some of the large professional services firms, along with established hybrid-working companies such as telecoms firm Welltel and managed -  Subscribe
© The Irish Times 03 Aug '21

Hibernia Reit says rent collection remains strong

The property company has completed its 2 Cumberland Place development, which adds 58,000sq ft of new offices to its portfolio. The completion of the building has increased the company’s vacancy rate -  Subscribe
© The Irish Times 03 Aug '21

Ronan Group Real Estate closing in on €220m sale of Dublin docklands apartments

Round Hill Capital is closing in on the purchase of 349 apartments and a 100-bed aparthotel being developed by Johnny Ronan’s Ronan Group Real Estate (RGRE) in Dublin’s north docklands. -  Subscribe
© The Irish Times 03 Aug '21

Judge refuses to overturn permission for 105 apartments in Ballsbridge

The site at Herbert Park Road includes the demolished former home at No 40 of the 1916 Rising leader Michael Joseph O’Rahilly, ‘The O’Rahilly’, the only leader killed while fighting. -  Subscribe
© The Irish Times 03 Aug '21

DEAL: Slattery’s pub in Rathmines sold in off-market deal brokered by John Ryan of Bagnall Doyle MacMahon.

While Mr Ryan declined to comment on the price paid by the O’Connors, it is understood the property sold for close to €3 million following competitive bidding involving several parties. -  Subscribe
© The Irish Times 03 Aug '21

Government’s radical land sale plans potentially contentious

At root, the aim is to rein in land speculation and hoarding. But the need to make more funds available for the State to boost building is also critical, given the public finances are in tatters after -  Subscribe
© The Irish Times 03 Aug '21

State to take half of increased value of land rezoned for housing

The Government is to compel property owners and developers to pay the State up to half of the increase in the value of land when it is rezoned for housing under radical moves to rein in speculation an -  Subscribe
© The Irish Times 26 Jul '21

DEAL: Donnybrook Fair to expand into Dundrum with food hall and restaurant

It will be the sixth store for the Musgrave-owned brand, which currently runs four stores in Dublin – in Donnybrook, Stillorgan, Malahide and Baggot Street – and one in Greystones, Co Wicklow. -  Subscribe
© The Irish Times 26 Jul '21

Johnny Ronan consortium seeks permission for 600 apartments on former Irish Glass site

The consortium, which also includes the National Asset Management Agency (Nama), Oaketree Capital Management, and Lincor Developments, is expecting construction to commence on what is the first phase -  Subscribe
© The Irish Times 26 Jul '21

Walkinstown roundabout housing plan fails to get planning permission

The Double Property Group sought approval for the demolition of the Kestrel House pub located adjacent to the Walkinstown roundabout in order to construct an apartment block of 52 units with three ret -  Subscribe
© The Irish Times 26 Jul '21

Some 24 hotels to be developed over next two years in Dublin

Despite a significant increase in the number of hotels being constructed in the capital in recent years, the market pre-Covid remained under supplied, according to Savills Ireland. -  Subscribe
© Business Post 26 Jul '21

HAP supports have ‘steepened’ the cost of renting in Ireland

KPMG report finds the Housing Assistance Payment is forcing rent prices upward and luring big international developers into the market -  Subscribe
© Business Post 26 Jul '21

Cairn Homes chief: Ireland is a country that ‘doesn’t support builders’

Stanley made the comments at a high-level meeting between members of Irish Institutional Property, the lobby group, and senior staff at the Department of Housing in October 2020. The meeting came a -  Subscribe
© The Property Week 26 Jul '21

DEAL: Northwest Logistics Park units sold for €47.9m

Park Developments has agreed the sale of a portfolio of prime logistics units at Northwest Logistics Park to a fund managed by Savills Investment Management (Savills IM) for a price in the region of & -  Subscribe
© Business Post 26 Jul '21

Neil Bannon: How do we accommodate the office of the future?

The commercial property market is set to look very different in the coming years due to two game-changers: Covid-19 and the little-known but highly important environmental, social and governance (ESG) -  Subscribe
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