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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 24 May '23

DEAL: Iroko Zen pays €1.425m for Tesco premises on Tyrconnell Road in Inchicore, Dublin 8

Peter Love, divisional director at Cushman & Wakefield, acted on behalf of the vendor; Michele McGarry, head of capital markets at Colliers, on behalf of investor in its seventh acquisition in Ireland -  Subscribe
© The Irish Times 23 May '23

DEAL: Elverys tycoon, John Staunton, leads investors in €12m purchase of Cork’s former Debenhams shop

While news of the deal and its terms have been kept firmly under wraps, The Irish Times understands the consortium has paid about €12 million for the landmark property at 12-17 St Patrick’s Street -  Subscribe
© The Irish Times 17 May '23

DEAL: Private Irish investor pays €2.35m for home of Dublin’s Metro Cafe

The property, at 43 South William Street and 1 Chatham Row, comprises a four-storey over-basement building of 282 sq m (3,041 sq ft) and is in a prime location just 300m from Grafton Street. -  Subscribe
© The Property Week 10 May '23

DEAL: Iroko Zen pays €4.971m for Westland House at Westland Park in Dublin 12

The property is fully let to Virtual Access (Ireland) Ltd on an 18-year full repairing and insuring (FRI) lease from January 2023 and is producing annual rental income of €421,315. The lease contain -  Subscribe
© Business Post 07 May '23

DEAL: Private investor purchases units 1 and 2 at Roseville Industrial Park, Turvey Park, Donabate

Stephen Mellon of CBRE said: “We were delighted to act on behalf of our client Interpath Advisory." The property extends to about 834 square metres and was purchased by a private investor. -  Subscribe
© Irish Independent 07 May '23

Pace of decline in commercial investment property values slows to 3.2pc in first quarter

Irish commercial investment property values fell by an average of 3.2pc in the first quarter of this year according to the authoritative MSCI benchmark published in conjunction with the Society of Cha -  Subscribe
© Irish Independent 06 May '23

DEAL: Remake Asset Management purchases two office blocks at Blackrock Business Park from Kennedy Wilson for €13m

The price reflects a discount to the €17m which selling agent Savills quoted for it when they first brought the property to the market in 2017. Kennedy Wilson bought the offices in March 2016 for -  Subscribe
© Irish Examiner 02 May '23

BNP Paribas Real Estate: Sharp drop in foreign investment in Irish property

US investors deployed €14.75m of capital in the first quarter, down from a 10-year quarterly average of €213m. US investors purchased €8.7bn of offices, shops, warehouses, apartments, and ot -  Subscribe
© Business Post 23 Apr '23

DEAL: Cathedral Court office space sold to private Irish investor for €2.25m

QRE Real Estate Advisers has concluded the successful letting and subsequent sale of the second and third floors of 35 Cathedral Court, New Street South, Dublin 8. Two floors already let successfully -  Subscribe
© Business Post 20 Apr '23

Arena Capital has bought €14m of homes in two years

The company has acquired second-hand homes in a bid to lease the properties to local authorities for social housing. In November 2021, the firm was listed among the firms leasing homes to Dublin City -  Subscribe
© The Irish Times 15 Apr '23

Cantillon: Could Ires Reit be put up for sale?

Goodbody Stockbrokers analyst Colm Lauder: “These are issues facing many Irish residential investors, which are now impacting critical new supply,” he said, noting that net asset value-growth stor -  Subscribe
© Irish Independent 13 Apr '23

Ires Reit ‘a failure on all fronts’ for early backers, says shareholder

The company, which is Ireland’s largest private landlord with nearly 4,000 apartments, has struggled to grow its earnings despite record high rents and unprecedented demand in one of the world’s h -  Subscribe
© The Irish Times 12 Apr '23

DEAL: Private Irish investor pays €2.25m for second and third floors at 35 Cathedral Court, New Street South, Dublin 8

QRE Real Estate Advisers completed the sale after Currie and Brown had taken occupation of the second floor and Cuckoo Events the third-floor space. Developed by O’Callaghan Properties in 2007, Cath -  Subscribe
© The Irish Times 08 Apr '23

DEAL: Zara founder in €100m Pontegadea deal for the Opus apartment building at 6 Hanover Quay

The price paid equates to an average of €841,666 per unit, broadly in line with the €101 million the outgoing owners, Angelo Gordon and its local partners, Carysfort Capital, paid to Cairn Homes i -  Subscribe
© The Property Week 07 Apr '23

CBRE Ireland’s Q1 2023 Investment & Funding: total spend only 18% lower than Q1 2022

DOWNLOAD FULL REPORT HERE >>> Colin Richardson: "we have now seen some evidence that pricing across core sectors is beginning to stabilize, with the expectations of buyers and sellers increasingly mov -  Subscribe
© Business Post 02 Apr '23

Shopping centres around the country selling like hot cakes

Despite concerns about the effects of rising living costs on retail sales, private Irish investors are snapping up shopping centres around the country – with as many as nine selling over the last 12 -  Subscribe
© The Irish Times 28 Mar '23

Four-star Maldron Hotel in Oranmore, Co Galway, has been sold to a private Irish investor for about €13 million

The sale of the hotel was handled by Tom Barrett, director of hotels and leisure at Savills Ireland, while Dessie Kilkenny of CBRE represented the purchaser. -  Subscribe
© The Irish Times 22 Mar '23

DEAL: The Abbey Tavern in Howth sold for €2m - 14% over asking price

While the price paid has not been disclosed, it is understood to be around 14 per cent above the €1.75 million that John Ryan of agent Bagnall Doyle MacMahon had been guiding when he offered it for -  Subscribe
© Irish Independent 16 Mar '23

Cuckoo funds and the State snap up 42pc of new homes as first-time buyers feel the squeeze

Cuckoo funds, local authorities, and State-backed housing charities have all stepped up their home-purchasing activities, tightening the squeeze on first-time buyers. So-called non-household entities -  Subscribe
© The Irish Times 15 Mar '23

DEAL: Stephen McCarthy’s Minaun Capital pays €20.5m for Wellpark Retail and Leisure Centre, Galway

The scheme has a strong tenant line-up that includes Woodies, Lidl, Homestore & More, DFS furniture and Petmania, with Boots currently fitting out its new unit. The five-star G Hotel did not form part -  Subscribe
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