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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 05 Mar '21

DEAL: Aberdeen Standard fund pays €20m for Smithfield apartment portfolio

uilt by Red Rock Developments, the scheme at 19-20 Blackhall Street in Smithfield promises to deliver a steady and reliable return to ASI’s European Long Income Real Estate Fund, as it is being let -  Subscribe
© Business Post 28 Feb '21

Ross Harris of Sherry FitzGerald New Homes: PRS remains a reliable investment option despite pandemic

Investment for the year overall was robust, reaching an impressive €1.2 billion in 2020. Activity understandably slowed in the opening half of the year in response to the containment measures, but r -  Subscribe
© The Irish Times 24 Feb '21

DEAL: Avestus pays €38m for 120 Santry rental apartments developed by Bernard McNamara

Cinamol, an investment vehicle controlled by Mr McNamara and his family, acquired the 0.48 hectare (1.19 acre) Swiss Cottage site for around €4.5 million in 2018. -  Subscribe
© The Irish Times 19 Feb '21

The faceless funds behind Ireland’s surging buy-to-rent sector

It’s no longer economic for developers to build apartments for the sales market as people on average incomes and even above average incomes cannot afford them. Rick Larkin of Twinlite: “The scale -  Subscribe
© Irish Independent 11 Feb '21

DEAL: Gannon sells his Clonskeagh Paper Mill site for over €18m

Sales agents Knight Frank had been quoting €18m to €20m for the site and it is believed to have achieved slightly over the €18m mark. CBRE acted for the purchaser. -  Subscribe
© Business Post 08 Feb '21

Yew Grove Reit sets its sights on offices outside Dublin

Yew Grove Reit, the commercial property investment company, is hoping to purchase a number of office properties outside Dublin’s central business district as well as in the key provincial cities thi -  Subscribe
© Irish Independent 04 Feb '21

DEAL: 47 apartment portfolio at Navenny Place in Ballybofey, Co Donegal sells for around €1.45m guide

BidX1 conducted the sale by inviting a number of interested parties to a private auction on their online platform where the property was sold. Johnny O’Connor, head of commercial property at BidX -  Subscribe
© The Irish Times 04 Feb '21

DEAL: Unit 8 at Plato Business Park in Damastown, Dublin 15 sells for €1.15m

Having been offered for sale at a guide price of €1 million by industrial specialist Harvey, the property was sold recently to a private investor for €1.15 million, reflecting a net initial yield -  Subscribe
© The Irish Times 04 Feb '21

DEAL: Arrow Capital Partners acquires assets in Dublin and Longford

The VWR Building, Northwest Industrial Estate, Dublin; Unit 260 Holly Road, Western Industrial Estate, Dublin; 9a/9b Parkwest Industrial Park, Dublin; and the Masterlink Building, Co Longford, a purpo -  Subscribe
© The Irish Times 04 Feb '21

DEAL: Tesco supermarket in Roscrea and Shannon’s Skycourt Shopping Centre sell for €7.8 million and €6 million respectively

The growing appetite of investors for the grocery sector in particular was firmly evidenced in two recent sales by agent TWM completed in recent weeks, both of which saw strong interest from a range o -  Subscribe
© The Irish Times 04 Feb '21

Hooke & MacDonald: €1.2bn invested in Dublin private rented sector despite Covid-19

368 apartments at Cualanor, Dún Laoghaire to SW3 Capital/DWS ... the Prestige portfolio, a mix of 317 residential units spread across four developments in north Dublin ... 297 apartments at Blackwood -  Subscribe
© The Irish Times 04 Feb '21

Patrizia closing in on €200m purchase of 475 Dublin apartments at Hartfield Place in Drumcondra

Located on the Swords Road between Drumcondra and Santry, Hartfield Place, as it will be known, is being developed by Kieran Gannon’s Eastwise Group with funding for construction provided by Castleh -  Subscribe
© The Irish Times 04 Feb '21

US embassy to move to old Jurys Hotel site in Ballsbridge

Following a long search, it is understood that the US government has agreed to buy what is now the Ballsbridge Hotel from developer Joe O’Reilly’s Chartered Land, if Dublin City Council agrees to -  Subscribe
© Business Post 01 Feb '21

DEAL: Colliers sell 40 James’s Street, a mixed-use D8 building with guide price of €1.3m

Extending to about 511 square metres, the property includes a retail unit on the ground floor, a two-bedroom apartment on the 1st floor, and office accommodation to the rear of the ground and 1st floo -  Subscribe
© The Irish Times 29 Jan '21

DEAL: Ires Reit completes purchase of Phoenix Park units for €60m

Ires Reit has paid the developer Flynn & O’Flaherty Construction an average of €410,958 per unit at the Phoenix Park Racecourse in Dublin 15. The deal includes a mix of apartments, duplex units an -  Subscribe
© The Property Week 27 Jan '21

DEAL: 1850 sqm warehouse at Unit J Aerodrome Business Park, Rathcoole sells for €2.75 m

Despite the well documented shortage of prime industrial accommodation throughout Dublin, Bannon are pleased to have advised the purchaser of this modern warehouse facility at Unit J Aerodrome Busines -  Subscribe
© The Irish Times 27 Jan '21

Lioncor set to secure over €40m from sale of Chatham House to the European Parliament

The “House of Europe”, as it will be known, will extend to a total area of 3,065sq m (33,000sq ft). Some 1,425sq m (15,338sq ft) of the building will be given over to office use on the second, thi -  Subscribe
© The Irish Times 25 Jan '21

DEAL: US investor, St Dominic Properties, buys 163-acre Liss Ard estate in west Cork for an estimated €3.5million

The prominent Victorian mansion operating as a boutique hotel and wedding venue in Skibbereen, Co Cork, was acquired by St Dominic Properties, a US-based real estate development company, shortly befor -  Subscribe
© The Irish Times 20 Jan '21

DEAL: Realis agrees deal with Glenveagh Properties for over 100 apartments at Marina Village for €60m-plus

While the German investor has yet to finalise its purchase of the apartments at Marina Village in Greystones, The Irish Times understands there are no plans at this point for it to pursue a deal simil -  Subscribe
© The Property Week 19 Jan '21

DEAL: Trinity Care group and care home portfolio sold to Spanish group, DomusVi

CBRE Ireland in conjunction with their Spanish colleagues have recently completed a very significant healthcare investment transaction in the Irish market with the sale of one of the leading senior ca -  Subscribe
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