|
© Irish Independent |
06 Dec '24 |
 |
DEAL: Fine Grain acquires Plassey premises at Plassey Innovation Campus, Limerick at a cost of €7.5m
The building is fully occupied by Three. The deal provides “secure income reflected in a weighted average unexpired lease term of 9.2 years, and a level of income return well in excess of that in th - Subscribe |
|
|
© The Irish Times |
04 Dec '24 |
|
Michelle McGarry, Colliers: domestic buyers were a dominant buyer throughout the year so far
The limited supply of standard product is providing a solid backstop for values, leading more investors to explore specialised sub-sectors connected to the evolution of e-commerce and supply chains. - Subscribe |
|
|
© The Irish Times |
04 Dec '24 |
|
Kyle Rothwell, CBRE: Falling debt costs will drive recovery in 2025
Further interest rate cuts will carry the positive momentum seen in the fourth quarter into 2025. Improving debt liquidity, the stabilisation of yields and a narrowing of the bid-ask spread (as more v - Subscribe |
|
|
© The Irish Times |
04 Dec '24 |
|
Ross Fogarty, Knight Frank: Institutional investors to come back to market
“Off-market” activity is also likely to play a substantial role in managing perceptions, and indeed misconceptions, around disposal rationales over the next six-12 months. Office investment strate - Subscribe |
|
|
© The Irish Times |
04 Dec '24 |
|
Peter Flanagan, BNP Paribas Real Estate: office sector remains challenged and out of favour internationally
Investor demand remains focused in this cycle on the holy trinity of “beds, meds and sheds”, but the reality is that these opportunities are in scarce supply in the Irish market. The challenges fa - Subscribe |
|
|
© The Irish Times |
04 Dec '24 |
|
John Nugent, Lisney: retail investments will be sought after, as will industrial assets
Investor demand remains from an influx of French SCPI investors, (with plenty of new names) and expect some of the German and North American investors to become active again in the second half of the - Subscribe |
|
|
© The Irish Times |
04 Dec '24 |
|
Mark Reynolds, Savills: Ireland’s property investment market is set for a transition
A potential increase in distressed assets [in 2025] could provide more opportunities for buyers. As debt maturities approach and leverage ratios remain high, some property holders may decide that now - Subscribe |
|
|
© Irish Independent |
01 Dec '24 |
|
Methodists’ Dublin city centre building at 9 Lower Abbey Street has gone sale agreed
Estate agent Lisney had been guiding €2.75m for the property which is being sold by The Methodist Church in Ireland. The property extends to about 998 sqm and retains original features including the - Subscribe |
|
|
© Irish Independent |
01 Dec '24 |
|
DEAL: Offices at 12-13 Fitzwilliam Place including mews sell for almost €4m
Generating rents of €235,794 per annum, 12 Fitzwilliam is occupied by the prestigious law firm Reddy Charlton LLP which also occupies the basement of number 13 under a separate lease. The lease on n - Subscribe |
|
|
© The Irish Times |
01 Dec '24 |
|
DEAL: German investor DWS pays €97.5m for 207-unit Hayfield apartment project in Killiney
DWS, a subsidiary of Deutsche Bank, paid about €471,014 per unit at Hayfield, which is west of Killiney Hill and next to Killiney Shopping Centre, opposite the Graduate pub. Properties at the just l - Subscribe |
|
|
© Business Post |
24 Nov '24 |
|
Foreign funds drifting back to Irish real estate market
John McCartney, head of research at BNP Paribas Real Estate Ireland, said a notable trend in the property investment sector this year has been the return of major foreign buyers - Subscribe |
|
|
© Irish Independent |
15 Nov '24 |
|
DEAL: A Star Backpackers sell Dublin hostel site
The Irish hostel group A Star Backpackers has sold a development site off O’Connell Street, Dublin, to Firethorn Trust, a UK real estate investor and developer which is making its first acquisition - Subscribe |
|
|
© The Irish Times |
15 Nov '24 |
|
London-based property firm nears deal for Buswells Hotel
A new UK real-estate firm cofounded by an Irish property veteran is close to buying Buswells, the storied hotel opposite Leinster House once owned by the Quinn family, for about €15 million, accordi - Subscribe |
|
|
© Irish Independent |
14 Nov '24 |
|
Former Rathmines guesthouse sells for €3.6m guide
Located at 132 Rathmines Road Lower, the main property is a three-storey over-basement mid-terrace Georgian residential building that had traded as Rathmines Lodge bed and breakfast up until the Covid - Subscribe |
|
|
© The Irish Times |
30 Oct '24 |
|
DEAL: Investment vehicle of Jim and Janet Curley, Astogo Holdings, acquire Ulster Bank premises at 130 Lower Baggot Street, Dublin 2
The iconic premises of about 8,500sq ft had been on the market with a guide price of more than €2.25 million. It is understood to have transacted at slightly over guide. Also acquired were the three - Subscribe |
|
|
© The Irish Times |
30 Oct '24 |
|
DEAL: Urbeo in partnership with ICG Real Estate purchase Unit F, Kilcarbery Distribution Park for about €27 million
The building, constructed in the early 2000s, is currently multi-tenanted, with PRL Group and JMC Van Trans occupying the circa 185,000sq ft of logistics space. The property is located in the desirabl - Subscribe |
|
|
© The Irish Times |
18 Oct '24 |
|
DEAL: 26 Dublin 7 apartments at Hampton Square sells for close to guide price of €7m
Hooke & MacDonald handled the sale. The guide price for the portfolio was €7 million, equating to an average of €269,231 per apartment and a gross yield of 6.5 per cent. It is understood that the - Subscribe |
|
|
© The Irish Times |
18 Oct '24 |
|
DEAL: Arkéa REIM buys Block 5, Waterside Innovation Campus, Citywest, and Block 5, Parkmore East Business Campus in Galway for in excess of €20 million
The combined pricing represents an average net initial yield of between 7.5 per cent and 8 per cent, from long-term, stable tenants. Fine Grain Property were advised by Avison Young while Sienna Inves - Subscribe |
|
|
© The Irish Times |
03 Oct '24 |
|
DEAL IT company pays over €5m for Estuary House at Swords Business Park
While the value of the deal has not been disclosed EOS is understood to have paid over €5 million to secure ownership of Estuary House. Stephen Mellon of CBRE handled the transaction on behalf of Ga - Subscribe |
|
|
© The Irish Times |
03 Oct '24 |
|
DEAL: Irish investor in €10.25m deal for 45/47 Henry Street
The purchase of the property, which is fully let to Spanish fashion retailer Mango at a passing rent of €728,000 a year, will see the new owner secure a 6.45 per cent return on their investment. - Subscribe |
|
|
