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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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© Business Post 23 May '22

Demand continues to grow for flexible office space

The latest Colliers report on the flexible office market, entitled Flexpansion 2021, suggests that occupiers can expect to see an increase in location choices and enhanced specification in the flexibl -  Subscribe
© The Irish Times 21 May '22

DEAL: Poly selects Galway’s Crown Square for EMEA centre of excellence

Poly’s new office forms part of the wider Crown Square campus which is being delivered by developer Padraic Rhatigan’s company, the Rhatigan Group. Upon completion, the scheme will comprise some 4 -  Subscribe
© The Irish Times 18 May '22

Ballymore seeks to repurpose Guinness building as new HQ for Diageo

Ballymore is to submit a planning application to repurpose the Brewhouse 2 building at the St James’s Gate brewery in central Dublin into a modern office space that will become a new headquarters at -  Subscribe
© The Irish Times 18 May '22

DEAL: Oliver James signs 3-year lease for new Dublin Clearspace office at 8 Harcourt Street

Located at 8 Harcourt Street, the accommodation extends to 3,350sq ft. Oliver James was represented in by Richard Sexton from Office Concierge in collaboration with Mark Smyth of MSP Consulting. -  Subscribe
© The Irish Times 17 May '22

National College of Ireland closing in on €50m Dublin docklands deal with the Central Bank

The property, which extends to 65,161sq ft (6,054sq m), came for sale with a commitment from the Central Bank to rent the ground to sixth floors. The contracted rent in this instance equates to €3,0 -  Subscribe
© Irish Independent 13 May '22

BNP Paribas: Two-tier office market in Dublin as more tenants shun older buildings

More than 100,000 sqm of new office space has already come onto the market in Dublin this year, with the total for 2022 likely to be around 240,000 sqm. That, notes the report, will make 2022 the bigg -  Subscribe
© The Irish Times 11 May '22

DEAL: IQ-EQ signs for new offices at 76 Sir John Rogerson’s Quay

IQ-EQ has agreed to lease 9,700sq ft on the fifth floor of 76 Sir John Rogerson’s Quay. The deal was handled by Savills Ireland. Other tenants in situ at the scheme include Rabobank, Algebris Invest -  Subscribe
© The Irish Times 04 May '22

Salesforce deal for Slack opens major gap in Dublin office market

The Irish Times understands that agent Cushman & Wakefield has been engaged to secure an occupier for Slack’s Fitzwilliam Street offices on the basis of a lease assignment. Fitzwilliam 28 is one of -  Subscribe
© The Property Week 21 Apr '22

JLL: Confidence has returned to Dublin’s office market on the back of a healthy Q1 2022

Latest research from JLL, tracking Dublin’s office market, indicates that 473,000 sq ft of transactions were signed in Q1 2022 across 37 deals. This compares to 958,000 sq ft across 53 deals in -  Subscribe
© The Irish Times 13 Apr '22

DEAL: Waystone signs for new 52,000sq ft headquarter offices at David Daly’s 35 Shelbourne Road

While the rental level has not been disclosed, The Irish Times understands Waystone has agreed to pay in excess of €60 per sq ft, following an initial rent-free period, to occupy the first to fourth -  Subscribe
© The Irish Times 13 Apr '22

DEAL: ByrneWallace lease extension adds €7m to sale price of Dublin HQ

The new price reflects the agreement between ByrneWallace and the landlord on a lease extension to April 2032 with no break option and an increase in the rent to €2.45 million per annum. -  Subscribe
© The Property Week 07 Apr '22

CBRE: Dublin’s Office Vacancy Declines Further in Q1 2022

New research from CBRE Ireland confirms Dublin’s office vacancy rate has continued its downward trajectory in the first three months of 2022, with the capital’s vacancy rate now at 8.2%, d -  Subscribe
© The Irish Times 07 Apr '22

DEAL: Fiserv signs long-term lease on for all 68,300sq ft of office space at Ten Hanover Quay

While the rent has not been disclosed by the landlord, The Irish Times understands Fiserv has agreed to pay between €55 and €60 per sq ft for the property. -  Subscribe
© The Irish Times 07 Apr '22

DEAL: BGC represented by Knight Frank signs 10-year lease on offices at 2 Cumberland Place

The agreement of the 10-year lease follows Hibernia’s recent lettings at the building to Electroroute,(represented by Shane Duffy of Savills) and to Invesco Investment Management Ltd. -  Subscribe
© The Irish Times 04 Apr '22

Dublin office market bounces back but still lags pre-Covid levels – Savills

Take-up in the Dublin office market recovered strongly in the first quarter after grinding to a halt last year, but still remains about 24 per cent behind the ten-year average for the period -  Subscribe
© Business Post 28 Mar '22

Older offices ‘failing to meet higher standards’ demanded by staff returning to workplaces

Simon McEvoy, senior asset manager with Iput: ‘The market for good buildings, good quality space and good locations is very strong right now.’ Picture: Fergal Philllips -  Subscribe
© The Irish Times 21 Mar '22

John McCartney, BNP Paribas: Headline rents and the biggest challenges for owners of older offices

Essentially, a two-tier office market is emerging in which the gap between prime and secondary rents will be wider at all points in the cycle -  Subscribe
© Irish Independent 10 Mar '22

Paul McNeive: Managed office model now has a growing appeal for tenants

Managed Offices are a relatively new phenomenon in Ireland and differ from the traditional “serviced offices” model. To hear more, I met with Shane Bourke, managing director of leading providers C -  Subscribe
© The Irish Times 03 Mar '22

DEAL: McAleer & Rushe secures tenants for Kildress House office scheme

Proximo Spirits, a drinks company which includes Bushmills whiskey among its brands, is well advanced in fitting out the fourth floor. The tenant was advised by Rebecca Breen, Murphy Mulhall. -  Subscribe
© The Irish Times 03 Mar '22

DEAL: Front Line Defenders agrees deal for new HQ at Avoca Court in Blackrock, Co Dublin

The letting, which was handled by Knight Frank, will see Front Line Defenders occupy the first floor on a 12-year lease. Front Line Defenders has agreed to relocate its international headquarters. -  Subscribe
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