© The Irish Times |
29 Feb '24 |
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€125m sale of The Square in Tallaght hits obstacle
The sale by Oaktree of The Square is understood to have been held up following an objection from one of the US private equity giant’s lenders to the further substantial discount now set to be applie - Subscribe |
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© The Irish Times |
29 Feb '24 |
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Central Bank highlights commercial property crash as key risk for financial sector
Higher interest rates in the commercial property sector, which is heavily reliant on leverage or borrowed capital, combined with the increased incidence of remote working are hurting valuations and de - Subscribe |
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© Irish Independent |
29 Feb '24 |
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Paul McNeive: Industrial property was once the Cinderella of the market – but now it’s the belle of the ball
Industrial property has transformed from being the Cinderella of the market into the star performer, with corresponding changes to how the business is structured. I spoke with Philip Harvey, managing - Subscribe |
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© Irish Independent |
27 Feb '24 |
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National commercial vacancy rate hit fresh high in final quarter of 2023
According to a report from GeoDirectory, the national commercial vacancy rate in Ireland rose 0.3 percentage points to 14.3pc in the last three months of 2023 - Subscribe |
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© The Irish Times |
09 Feb '24 |
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BNP Paribas: Collapse in demand means ‘no relief for Dublin office market until 2027′
“Before Covid, every new desk job generated around 10sq m of office demand. However, this figure has plunged by two-thirds since Covid. With only 3.2sq m now being consumed for each additional job, - Subscribe |
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© The Irish Times |
07 Feb '24 |
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DEAL: Richmond Marketing pre-lets new logistics facility at 4065 Kingswood Road in Citywest
Richmond Marketing has agreed a pre-letting of a new logistics facility in Citywest, a move which will allow the brand builder to amalgamate its distribution operation in Park West - Subscribe |
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© The Property Week |
26 Jan '24 |
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JLL Irish Property Index Results for Q4 2023
DOWNLOAD FULL REPORT HERE>>> Niall Gargan: “Uncertainty isn’t going away in 2024, but we expect to see the return of predictability in some important areas, which we think will be enough to kick-s - Subscribe |
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© The Property Week |
23 Jan '24 |
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CBRE Outlook 2024
*Transactional activity starting to return as inflation tapers and interest rates stabilise *Residential, logistics, nursing home and hotel markets remain undersupplied sectors *Digitalisation, sustai - Subscribe |
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© The Property Week |
22 Jan '24 |
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DEAL: M7 Ireland secures three new occupiers at its Cookstown Quarter, Tallaght, Dublin 24
Acting on behalf of M7 Real Estate, Nicola Gilleece & Sean Kellegher of Cushman & Wakefield Ireland commented: “HuntOffice, Howdens, and CEF are valuable additions to this active development, and th - Subscribe |
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© Irish Independent |
02 Jan '24 |
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The billion euro question: ‘When will commercial property prices bottom out?’
Michele McGarry, of Colliers, says that the main buyers currently in the market are private Irish investors and French CPI’s. The latter include investment managers such as Corum and Iroko as well a - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Isobel Horan, JLL: Hotel investment spend to surpass €500m as visitor numbers hit new heights
We are now seeing a growing list of hotel operators focusing on the office-to-hotel conversion opportunities in Dublin. The capital’s office stock currently stands at 48 million sq ft with a vacancy - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Mark Reynolds, Savills: Savvy investors see opportunity as cycle of interest rate hikes comes to an end
They say one should never waste a crisis, and seasoned property operators will see next year as an opportunity to acquire long-term value in anticipation of a cyclical rebound in 2025. - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Kevin McHugh, Harvey: Industrial and logistics draws investors in face of economic headwinds
In contrast to sectors experiencing a steep decline in investment throughout the year, projected investment volumes in the industrial and logistics sector for 2023 are estimated at around €530 milli - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Kyle Rothwell, CBRE: Appetite remains robust for real estate but only where the price is right
When investors have the option to acquire Irish 10-year Government bonds at approximately 3 per cent, the industry needs to provide appropriate risk-adjusted returns. Price adjustments over the last 1 - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Adrian Trueick, Knight Frank: Values fall across all investment sectors with offices under greatest pressure
The most active institutional buyers have been the French SCPI funds. French buyers, including Corum, La Française and Iroko, have targeted assets offering higher returns with secure cashflows. - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Michelle McGarry, Colliers: Price correction needed for investment market to recover
In this uncertain market, we are seeing buyers walk away from transactions where technical and other factors surrounding the sale are not as originally presented. If you are thinking of selling in 202 - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Aidan Gavin, Cushman & Wakefield: Commercial property market endures yet another turbulent year
Unsurprisingly investor activity withered against this backdrop – on a rolling 12-month basis investment transactions stood at only €2.5 billion at the end of the third quarter, down almost 60 per - Subscribe |
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© The Irish Times |
07 Dec '23 |
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John Hughes, CBRE: Portfolio and provincial hotel sales dominate market in 2023
The introduction of a new planning policy adopted by Dublin City Council under their new development plan 2022-2028 is to avoid an over-concentration of hotel development in certain areas of the city - Subscribe |
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© The Irish Times |
07 Dec '23 |
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John Moran, JLL: ‘Subdued’ sums up the 2023 commercial property market as weak global sentiment hits investment
Signs of recovery are evident, with active office leasing requirements in Dublin increasing 57 per cent from the previous year. Furthermore, prime headline rents remain stable for “best-in-class” - Subscribe |
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© The Irish Times |
07 Dec '23 |
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Sean O'Neill, TWM: 2024 promises mixed fortunes for property owners and opportunities for investors
In particular, many dated office buildings are being looked at by the healthcare, hotel and education sectors, where demand remains strong and occupier demand is a key driver for growth. - Subscribe |
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