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© The Irish Times |
21 Jan '20 |
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Nama lends Cosgraves €15m to fund huge apartment development
The loan is being made by Nama subsidiary National Asset Loan Management to a newly-formed entity, Cosgrave Residential Developments. The cash will be used to fund the development of 386 apartments at - Subscribe |
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© Business Post |
20 Jan '20 |
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[NEEDS BP SUB] Two property heavyweights back Daft.ie challenger Realli
Cairn Homes founder Kevin Stanley and Bartra Capital’s Richard Barrett have contributed to the start-up’s most recent funding round - Subscribe |
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© The Irish Times |
19 Jan '20 |
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Being in Nama regarded as stigma in UK, O’Flynn tells court
Michael O’Flynn said it was left to Mr Nesbitt because there was a stigma in the UK for people who were in Nama and this complicated their ability to deal with investors. - Subscribe |
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© The Irish Times |
19 Jan '20 |
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Dublin housebuilder, Noonan Group, records €11m gain after striking deal with bankers
The directors state that the group’s building subsidiaries completed 57 units last year compared to 61 units completed in the prior year.
As a result of the pre-tax profit of €12.7 million last - Subscribe |
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© Irish Independent |
17 Jan '20 |
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Paul McNeive: Agents need to add value not just surf market waves
We can earn more fees by "working smarter" and being more effective and more organised.
You should have a plan for what you are going to do this year for both your personal and business lives. If y - Subscribe |
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© The Irish Times |
17 Jan '20 |
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Allegations of keeping Nama in the dark ‘blackmail’, O’Flynn says
Michael O’Flynn dismissed as “blackmail” allegations that his business kept the State’s National Asset Management Agency (Nama) in the dark about elements of a UK land deal. - Subscribe |
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© The Irish Times |
16 Jan '20 |
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Lisney appoints David Byrne as new managing director
David Byrne: “While there are a number of economic factors to consider both domestically and internationally, we have great confidence in the Irish property market and I’m very much looking forwar - Subscribe |
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© The Irish Times |
16 Jan '20 |
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Strong performance for Cairn lifts 2019 revenues
Chief executive Michael Stanley: "We increased our revenues to circa €434 million, moved 1,080 customers into their new homes and we start 2020 with 740 homes already forward sold,” - Subscribe |
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© The Irish Times |
15 Jan '20 |
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Ballymore and M&G secure Birmingham’s biggest ever office letting
Ballymore and its UK-headquartered partner, M&G Real Estate have secured Birmingham’s largest ever single office letting with an agreement to let 26,291sq m (283,000sq ft) of space in the city to BT - Subscribe |
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© Irish Independent |
15 Jan '20 |
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Core Reit CEO wins joint venture legal case
Daniel Donovan, the CEO of Irish real estate investment trust Core, has won a UK legal battle against a property investment firm, after claiming he was entitled to profits from a joint venture with th - Subscribe |
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© Irish Independent |
13 Jan '20 |
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Harcourt Developments sells off Las Vegas site in $14m deal
The land was previously earmarked by Harcourt, founded by Pat Doherty, in 2006 for the Sullivan Square development, which would have included 1,380 residential units, 45,000 sq ft (4,180 sq m) of reta - Subscribe |
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© The Property Week |
13 Jan '20 |
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Sherry FitzGerald announces new partnership in Balbriggan & Rush
Sherry FitzGerald has announced a new franchise partnership in Balbriggan and Rush. REA Cumisky, now trading as Sherry FitzGerald Cumisky, is already well known and highly regarded in North County Dub - Subscribe |
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© The Irish Times |
10 Jan '20 |
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Former O’Flynn employees accused of secretly diverting deals
Companies in the Michael O’Flynn-led group are suing former employees Mr Cox, Liam Foley and Eoghan Kearney, along with Foley Project Management Ltd, Rockford Advisors Ltd and Carrowmore Property. - Subscribe |
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© The Irish Times |
08 Jan '20 |
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Cairn Homes appoints Shane Doherty as new finance chief
“Following a comprehensive recruitment process, I am delighted that Shane will be joining Cairn as CFO,” said Michael Stanley co-founder and chief executive of Cairn. “Shane has in-depth experie - Subscribe |
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© The Irish Times |
07 Jan '20 |
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Revenues rise at Glenveagh as home sales increase
The group sold a total of 844 units on 14 sites during the year, up from 275 in 2018, while average selling price was €332,000, a rise from the €287,000 recorded the previous year. Gross margin on - Subscribe |
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© Irish Independent |
06 Jan '20 |
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Nama seeks development partner for Poolbeg special development zone
"Nama owns a significant portion of the SDZ area and is seeking an investment partner for the development of the site," the agency said.
"The site has potential to deliver 3,500 residential units, - Subscribe |
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© The Irish Times |
06 Jan '20 |
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Ballymore Group has ‘active developments’ with projected value of €5.5bn
Sean Mulryan’s Ballymore Group has “active developments” with a projected gross development value of £4.7 billion (€5.5 billion).
Along with the “active developments” under management - Subscribe |
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© The Irish Times |
03 Jan '20 |
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Sale of car park helps boost profits at estate agent Lisney
Latest accounts for Lisney Limited and its subsidiaries show it made a pretax profit of just under €1.6 million in the year to the end of March 2019. This was up from €731,078 in the previous year - Subscribe |
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© The Irish Times |
18 Dec '19 |
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Glenveagh shareholders back plan to boost cash for investor returns by €700m
The company is building 11,000 homes in Dublin, Cork, Limerick and Galway. It recently sold an apartment block in Dundrum, on the capital’s southside, to German investor Realis. - Subscribe |
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© Irish Independent |
17 Dec '19 |
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Property developer Conor Clarkson now faces bankruptcy as he loses €70m debt deal over forged document
"This whole episode over the last 10 years has created the most enormous pressure for me. I have tried to handle it as best I can," he said.
"But the whole process of the personal insolvency situat - Subscribe |
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