© The Irish Times |
17 Dec '24 |
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Bartra challenges planning refusal for five storey, 56-apartment scheme on Old Navan Road
Bartra are contesting a planning refusal by Fingal County Council for contentious plans for a €30 million apartment scheme on Dublin’s Old Navan Road. - Subscribe |
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© The Irish Times |
17 Dec '24 |
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State to buy Citywest Hotel to confront migrant crisis
The Citywest Hotel is owned by Tetrarch Capital and is a key property in the State’s refugee accommodation system. It would cost €100 million to purchase, commercial property sources have said. - Subscribe |
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© The Irish Times |
17 Dec '24 |
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Lioncor set to lodge new plans for 284 homes at Terenure College site
The plans come almost two years after An Bord Pleanála refused permission to Lioncor for a so-called build to rent 364 unit scheme on former playing pitches at Terenure College.
The rejected schem - Subscribe |
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© The Irish Times |
17 Dec '24 |
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DEAL: Fine Grain buys Connaught House from receivers at Ronan Group Real Estate
Fine Grain confirmed the deal on Monday saying that it had agreed a deal with receivers Grant Thornton for below the original €80 million asking price. Sources calculate that it is paying in the “ - Subscribe |
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© The Irish Times |
17 Dec '24 |
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Top finance official raises risks to public finances from surge in housing body deals
Supporters of the sector argue it is driving construction at a time of chronic undersupply. Others say AHBs are distorting the market, being able to fund deals much more cheaply, from Government sour - Subscribe |
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© The Irish Times |
17 Dec '24 |
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Ireland's housing costs double the EU average – but that’s only part of the story
With such high housing costs, one would expect an affordability crunch in Ireland. However, this is not the case. According to the housing cost overburden rate, Ireland has among the lowest rates. - Subscribe |
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© Irish Independent |
13 Dec '24 |
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Paul McNeive's last column: After writing 500 columns, what is the most important issue?
Today’s tax breaks, which are failing to see sufficient houses built, and failing to reinvigorate our towns, should be quadrupled for 10 years, to unleash the market to do its work. - Subscribe |
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© The Irish Times |
12 Dec '24 |
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Irish house prices overvalued by 10%, increasing risk of a ‘painful correction’, ESRI warns
“That’s not as high as it was during the time of the global financial crisis but it does mean that it merits attention,” the ESRI’s Kieran McQuinn said. “The larger the degree of overvaluati - Subscribe |
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© The Irish Times |
12 Dec '24 |
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ESRI again highlights regulator’s role in fanning house prices
Kieran McQuinn, a former Central Bank economist, has been warning that average loan-to-income ratios – a key measure of a borrower’s ability to repay the loan – have been rising. He has describe - Subscribe |
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© The Irish Times |
12 Dec '24 |
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BPFI warns that house building has stalled
“The rate of increase in housing supply seems to have stalled in 2024 unless there is a significant level of completions in the last quarter of the year, and still remains below requirements. The co - Subscribe |
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© The Irish Times |
11 Dec '24 |
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Rod Nowlan, Bannon: Retail – prime shopping streets to remain in demand due to strong yields
Amid rising capital expenditure concerns attaching to all real estate, retail parks remain attractive due to their limited landlord capital exposure and robust environmental, social and governance att - Subscribe |
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© The Irish Times |
11 Dec '24 |
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Kevin McHugh, Harvey: Industrials – Tough year but rebound on the way
Despite steady levels of inquiries throughout the year, these did not translate into proportional take-up. Challenges included insufficient supply and delays in securing approvals from parent companie - Subscribe |
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© The Irish Times |
11 Dec '24 |
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Sherry FitzGerald CEO Steven McKenna to leave firm to ‘explore new opportunities’
Steven McKenna has announced his decision to step down as chief executive of Sherry FitzGerald Group, Ireland’s biggest estate agent, at the end of next February 2025. He has been at the helm for ne - Subscribe |
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© Irish Independent |
06 Dec '24 |
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DEAL: Build-A-Bear to open new store on Grafton Street in the spring
The property at 47 Grafton Street is owned by Irish Life and comprises 880 sqft on the ground floor. The lease has been agreed for a 10-year term, with the rent understood to be in the region of €25 - Subscribe |
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© Irish Independent |
06 Dec '24 |
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DEAL: Fine Grain acquires Plassey premises at Plassey Innovation Campus, Limerick at a cost of €7.5m
The building is fully occupied by Three. The deal provides “secure income reflected in a weighted average unexpired lease term of 9.2 years, and a level of income return well in excess of that in th - Subscribe |
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© Irish Independent |
05 Dec '24 |
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First-time buyers get record number of mortgage approvals – despite property prices rising 10pc a year
Lenders have granted the highest level of approvals for first-time buyers since the Banking and Payments Federation Ireland (BPFI) started recording the approvals in 2011.
The financial institution - Subscribe |
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© The Irish Times |
04 Dec '24 |
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Michelle McGarry, Colliers: domestic buyers were a dominant buyer throughout the year so far
The limited supply of standard product is providing a solid backstop for values, leading more investors to explore specialised sub-sectors connected to the evolution of e-commerce and supply chains. - Subscribe |
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© The Irish Times |
04 Dec '24 |
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Kyle Rothwell, CBRE: Falling debt costs will drive recovery in 2025
Further interest rate cuts will carry the positive momentum seen in the fourth quarter into 2025. Improving debt liquidity, the stabilisation of yields and a narrowing of the bid-ask spread (as more v - Subscribe |
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© The Irish Times |
04 Dec '24 |
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Ross Fogarty, Knight Frank: Institutional investors to come back to market
“Off-market” activity is also likely to play a substantial role in managing perceptions, and indeed misconceptions, around disposal rationales over the next six-12 months. Office investment strate - Subscribe |
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© The Irish Times |
04 Dec '24 |
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Top commercial property deals of 2024
1 Blanchardstown Centre, about €600m 2 The Square, Tallaght €130m 3 Hayfield apartments, €97.5m 4 North Dock offices, about €85m 5 Scape PBSA, €79.5m 6 Jameson Orchard, Malahide, about €7 - Subscribe |
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