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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 22 Jan '20

DEAL: German fund, Quadoro, pays €19.6m for Dublin 4 office block, Three Haddington Buildings on Percy Place

Quadoro is understood to have paid €19.6 million to secure ownership of the property having decided to take advantage of the site-assembly opportunity which presented itself following its initial -  Subscribe
© The Irish Times 22 Jan '20

DEAL: European investor, Arena Invest, acquires Harcourt Road offices for €55m from Avestus and Ares

With its purchase of blocks 4 and 5 Harcourt Centre , Arena will secure the benefit of immediate rental income of €3.02 million per annum, which reflects a yield of 5 per cent. Kyle Rothwell, head o -  Subscribe
© Irish Independent 19 Jan '20

DEAL: Echelon agrees land deal for new €500m Arklow data centre

Echelon Data Centres has agreed to purchase a site at the Kish Business Park in Arklow as it looks to develop a second data centre in the town. It is understood that Irish-owned Echelon's newly acquir -  Subscribe
© The Irish Times 15 Jan '20

DEAL: Corum pays €60m for two office buildings – One Kilmainham Square in Dublin 8 & Classon House in Dublin 14

It represents a ramping up in the pace of the company’s activity here, coming as it does just three months on from its €21 million purchase of the Tesco supermarket in Gorey, Co Wexford. -  Subscribe
© The Irish Times 15 Jan '20

DEAL: Investor Mel Sutcliffe of Quanta Capital acquires 10 St Stephen's Green Georgian for €4m

Located immediately adjacent to the historic Hibernian Club and dating from the 19th century, the high-profile Georgian building extends to 465 sq m (5,000 sq ft) over four floors and was formerly the -  Subscribe
© The Irish Times 13 Jan '20

Cairn Homes sells 229 homes to landlord for €78m

Cairn said it had sold 229 apartments, houses & duplexes in Lucan’s Shackleton Park and Gandon Park, to a company funded by US investment firm Angelo Gordon and managed by Irish business Carysfort C -  Subscribe
© The Irish Times 09 Jan '20

Eason to relocate Cork store after selling premises to Mike Ashley company

Last May, Bannon quoted €6.6 million for the Patrick Street property. This move is part of a wider drive by Eason to do sale and leaseback deals on some of its major properties. -  Subscribe
© The Property Week 08 Jan '20

Record €7.2 billion invested in property in 2019

CBRE Ireland have today released figures for the volume and value of investment transactions in the Irish commercial property market in 2019. According to the property consultants, total spend in the -  Subscribe
© Irish Independent 02 Jan '20

DEAL: Union Investment acquires Gandon House, a 3,600 sq m office property on Amiens Street in Dublin 1

The building is opposite the International Financial Services Centre (IFSC), which is home to around 500 companies with more than 35,000 employees. The proposed development of the Connolly Quarter -  Subscribe
© Irish Independent 02 Jan '20

Donal Buckley: Despite boom in office demand and build-to-rent sites, property firms face a tall order to match 2019 achievements

Nama is due to name its choice of developer for the huge 'Pembroke at Dublin Four' site, better known to most of us as the Irish Glass Bottle site. Diageo has yet to announce the joint venture partner -  Subscribe
© Irish Independent 02 Jan '20

DEAL: M7 Real Estate has acquired Primeside Park in Ballycoolin, Dublin 15 for €6.75m

The price for the industrial estate, which was purchased from a private investor, represents an initial yield of close to 7pc and a capital value of €95 per sq ft. Primeside Park is a recently de -  Subscribe
© The Irish Times 31 Dec '19

Tesco distribution centre in Donabate, Co Dublin sold to South Korean investors for €160m

The off-market acquisition of the 73,207sq m (788,000sq ft) warehouse by KTB Investments & Securities and KTB Asset Management represents the largest single-asset logistics transaction to have taken p -  Subscribe
© The Irish Times 16 Dec '19

DEAL: Iput acquires Dublin Landings office for €115m

Three Dublin Landings, expected to complete within “the coming weeks” will add 120,000sq ft of office space set over five storeys with a lower ground floor and basement to the company’s portfoli -  Subscribe
© Irish Independent 13 Dec '19

Investment property market sets new €5.9bn record

Among the late commercial deals to close this month was Aberdeen Standard's sale last week of Allianz House, one of the office blocks at Elmpark, Dublin 4, for about €53m. It was purchased by German -  Subscribe
© The Irish Times 12 Dec '19

DEAL: Premier Inn secures Dublin docklands site for 108-bedroom hotel

Located on Gloucester Street in the city’s south docklands, the site will be redeveloped into a 10-storey hotel comprising 108 bedrooms as part of Premier Inn’s ambitions to grow its existing pres -  Subscribe
© The Irish Times 10 Dec '19

Urbeo commits €400m to build-to-rent deals in first year

The company’s fund is understood to have committed €220 million to six previously-undisclosed deals in locations including Dublin’s city centre and the suburbs of Finglas and Citywest. -  Subscribe
© The Irish Times 09 Dec '19

DEAL: Stephen’s Green Shopping Centre bought by Davy for €175m

As part of the sales process conducted by HWBC, potential investors were briefed on the centre’s capacity to accommodate an additional 18,580sq m (200,000sq ft) of space. The majority of this would -  Subscribe
© The Irish Times 05 Dec '19

M&G suspends £2.5bn property fund on Brexit and retail woes

“In recent months, unusually high and sustained outflows from the M&G Property Portfolio have coincided with a period where continued Brexit-related political uncertainty and ongoing structural shif -  Subscribe
© The Irish Times 05 Dec '19

DEAL: Quanta Capital pays over €40m for Dublin 4 office block

Mel Sutcliffe of Quanta Capital has paid over €40 million in an off-market deal for the landmark Shelbourne House in Ballsbridge, now set for demolition and redevelopment -  Subscribe
© The Irish Times 04 Dec '19

Hotel market in 2019 dominated by 'big ticket' Dublin deals

Major Dublin deals included the €134 million sale of The Marker (which will be rebranded as Ananatara), the €116m sale of the Conrad Dublin, the €50 million sale of Portmarnock Hotel & Golf Link -  Subscribe
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