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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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© Business Post 18 Nov '19

[NEEDS SBP SUB] K Club sale agreed with nursing home operator

The price agreed is in the region of €55 million according to two sources with knowledge of the matter, but this is unconfirmed. The property was marketed with an asking price in the region of €80 -  Subscribe
© The Irish Times 13 Nov '19

DEAL: AM Alpha, has paid about €50 million to acquire Dublin’s Northside Shopping Centre

Extending to 16,757sq m, Northside Shopping Centre comprises 76 retail units, some 90 per cent of which are occupied. The scheme is delivering total gross rent of about €4 million with SuperValu acc -  Subscribe
© The Irish Times 13 Nov '19

DEAL: Davy closes in on €35m deal for Athlone’s Golden Island shopping centre

While the fund’s acquisition of the 23-year-old centre at that level will see it secure a net initial yield of around 8.5 per cent off the scheme’s current €3.25 million rental income, the price -  Subscribe
© The Irish Times 13 Nov '19

DEAL: Avestus lines up €214m purchase of 382 rental apartments at Honeypark in Dún Laoghaire & Elmfield in Leopardstown

Agent CBRE offered the Vert platform, an established and fully-operational private rented sector (PRS) portfolio comprising 197 units at Honeypark in Dún Laoghaire, and 185 units at the Elmfield sche -  Subscribe
© Irish Independent 12 Nov '19

DEAL: JD Wetherspoon buys HQ Restaurant & Gastrobar on Hanover Quay

Wetherspoon declined to disclose the price it paid. Savills put the HQ property on the market in June with a guide price exceeding €5.5m. "It is an excellent property in a superb location," Wethe -  Subscribe
© The Irish Times 11 Nov '19

DEAL: Yew Grove Reit sells Sandyford property for €1.1m, an initial yield of 7.6 per cent

Jonathan Laredo: “Having identified five non-core properties in our portfolio, we are pleased to have made a good start to the disposal programme, and to have reached agreement to sell this asset at -  Subscribe
© Irish Independent 07 Nov '19

DEAL: Fine Grain buys offices in Citywest for 'around €10m'

Fine Grain Property, the Irish-owned business park operator and investor, has acquired 3013 Lake Drive, a three-storey 38,000 sq ft purpose-built office building on the Citywest Business Campus in sou -  Subscribe
© The Irish Times 06 Nov '19

DEAL: Former D4 home of Expresso Bar Cafe sells for €1.55m

Having served as home over the years to a succession of high-profile occupiers, No 1 St Mary’s Road in Ballsbridge looks set to get a new lease of life following its acquisition for €1.55 million -  Subscribe
© The Irish Times 06 Nov '19

DEAL: AM Alpha pays €50m for Northside Shopping Centre

While Patron would appear to have recovered its full outlay on Project Drive from the sale of Northside Shopping Centre alone, the price paid for the scheme falls well below the sum that had been anti -  Subscribe
© The Irish Times 04 Nov '19

DEAL: Austrian investor, Thomas Roeggla, buys shuttered Tallaght Cross hotel

The 186-bedroomed Tallaght Cross hotel was sold to him by an unnamed private investor who bought it from Nama about four years ago. An associated apartment development was previously acquired from Nam -  Subscribe
© The Irish Times 03 Nov '19

DEAL: Yew Grove to purchase office building at the IDA Park in Athlone for €12m

The building, constructed in 2016, has 45,370 sq ft of modern office space with associated car parking and is leased to an FDI tenant. The lease has a weighted average unexpired lease term (WAULT) -  Subscribe
© The Irish Times 30 Oct '19

DEAL: Fine Grain Property pays around €6m for offices at Block C at Maynooth Business Park

Some 40,000sq ft of the building is occupied currently by global financial services firm, Link Asset Services, while the remaining 20,000 sq ft is in shell-and-core condition. Fine Grain is expected t -  Subscribe
© Business Post 28 Oct '19

[NEEDS SBP SUB] Profile: David Grin, founder of Lotus Investment Group

David Grin, the low-profile, publicity-shy founder of Lotus Investment Group, is partially exiting the company after selling more than three-quarters of it to Israeli stock exchange-listed Meitav Dash -  Subscribe
© Business Post 28 Oct '19

[NEEDS SBP SUB] PRS transactions still dominate investment market, says new report

PRS deals accounted for 55 per cent of all property investment transactions in Dublin in the third quarter of this year, the same percentage as in the second quarter, followed by 37 per cent for offic -  Subscribe
© The Irish Times 25 Oct '19

DEAL: Marlet gets €45m from sale of 56 apartments at the corner of Cardiff Lane in Dublin docklands

Pat Crean’s Marlet Property Group has secured in the region of €45 million from the forward sale to UK fund, Realis, of 56 high-end apartments it is developing in Dublin’s south docklands. -  Subscribe
© The Irish Times 23 Oct '19

Hooke & MacDonald: Dublin’s private rented sector records sales of €1.35bn

For the second successive quarter, some 55 per cent of all investment transactions in the capital involved the purchase by institutional investors of both newly-built and existing apartment developmen -  Subscribe
© The Irish Times 23 Oct '19

Davy lines up €115m purchase of St Stephen’s Green centre stake

A fund managed by Davy Real Estate has entered into exclusive talks in relation to the acquisition of two separate shareholdings amounting to a 62.4 per cent stake in Dublin’s St Stephen’s Green S -  Subscribe
© The Irish Times 22 Oct '19

US investor Heitman buys 200 apartments in Dublin spread across 27 buildings

Tony Smedley, Heitman’s managing director and head of European private equity, indicated that the squeeze on accommodation here helped prompt the purchase. -  Subscribe
© The Irish Times 16 Oct '19

DEAL: German fund, KanAm Group, pays €20m for Dublin 2 office block, Wythe Building

A KanAm subsidiary, Leading Cities Invest, is understood to have paid over €20 million to buy the property from developer Avam Limited in an off-market transaction via CBRE and Savills -  Subscribe
© The Irish Times 16 Oct '19

Prime Living to flip 1.8 acre Sandyford site for €23m, a 123% uplift

Just two years on from its acquisition of the former Avid Technology site for €10.3 million, the company and its Irish partner, Cara Cove Holding, are understood to be close to an agreement for its -  Subscribe
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