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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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© The Irish Times 03 Jul '24

CBRE: What impact will remote working have on the future of Dublin city centre?

Colin Richardson: an increasingly digitalised world will lead to a broader mix of buildings within the confines of the city over the next 10 to 15 years. More ‘living sector’ property, ie, priv -  Subscribe
© The Irish Times 20 Jun '24

DEAL: PCI Pharma Services signs for new 82,000sq ft facility at CityNorth Business Campus

McGarrell Reilly has agreed a deal with PCI Pharma Services which will see the company engage in a significant expansion of its existing commercial pharmaceutical packaging operations at CityNorth Bus -  Subscribe
© The Irish Times 13 Jun '24

DEAL: Elsatrans signs for new 85,000sq ft warehouse at Momentum Logistics Park

Palm Capital has signed a pre-let agreement with Irish transport and logistics operator, Elsatrans, for a new 7,900sq m (85,000sq ft) high-bay warehouse at Momentum Logistics Park in Kildare. -  Subscribe
© Irish Independent 02 May '24

MSCI/SCSI: Value of 1970s-era offices falls 18pc in a year but retail assets revive

The pace of decline in Irish commercial property values slowed in the first quarter of this year. However the retail warehouse sector outperformed the market with a 0.74pc increase in values. The fin -  Subscribe
© The Property Week 02 May '24

Savills: Q1 Dublin Industrial and Logistics Market

DOWNLOAD FULL REPORT HERE >> Q1 take-up across the Dublin industrial and logistics market came to 143,600 sq ft, representing the lowest quarterly take-up in over ten years. The average deal size was -  Subscribe
© The Irish Times 25 Apr '24

John McCartney, BNP Paribas: Short-term shocks and structural change put squeeze on investment

Ireland’s investment property market limped out of the blocks with just €160.5 million of income-producing assets changing hands in the first quarter of 2024. This is the lowest total since Q3 201 -  Subscribe
© The Irish Times 18 Apr '24

DEAL: Union Investment secures first tenant for Irish Nationwide Building Society’s former HQ following redevelopment led by Hines

While the terms of the deal have not been disclosed, The Irish Times understands Element Fleet Management has signed a 15-year lease at a rent of €57 per sq ft. Cushman & Wakefield and BNP Paribas R -  Subscribe
© Irish Examiner 16 Apr '24

A different kind of property crash is playing out in Dublin

Sue Munden, a senior research analyst at Bloomberg Intelligence: “The tech sector has more of a remote working culture than many other industries, which seems to have become even more entrenched owi -  Subscribe
© Irish Independent 12 Apr '24

Paul McNeive: Nervous landlords are more than happy to let office rent reviews slide

The negotiation of a new rent every five years under a lease’s rent review clause is a specialised area which rarely makes the headlines. But setting the new rent has a significant impact on the te -  Subscribe
© The Irish Times 03 Apr '24

DEAL: PCI Pharma takes newly constructed facility of 69,978sq ft at Unit 736, Northwest Logistics Parkon on 15-year term

The rent is understood to be about €13 per square foot. Unit 735 will be ready for occupation in the first quarter of 2025 and will be available to lease through joint agents Savills and CBRE at an -  Subscribe
© The Irish Times 26 Mar '24

Commercial property sector expects more flexible lease terms in future

A survey of some 250 commercial property professionals also indicates that the sector considers current rent review processes to be fair but ultimately wants better access to market data to level the -  Subscribe
© The Irish Times 29 Feb '24

€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
© The Irish Times 29 Feb '24

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
© Irish Independent 29 Feb '24

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
© Irish Independent 27 Feb '24

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
© The Irish Times 09 Feb '24

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
© The Irish Times 07 Feb '24

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
© The Property Week 26 Jan '24

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
© The Property Week 23 Jan '24

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
© The Property Week 22 Jan '24

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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