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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 09 Feb '24

Royal London Ireland: One in 10 homeowners face mortgage payments past 70, survey finds

“The average age of homebuyers is rising each year, going from 36 years in 2019 to 39 years in 2021. This trend is likely to put more pressure on some mortgage holders, as they have less time to pay -  Subscribe
© The Irish Times 09 Feb '24

BNP Paribas: Collapse in demand means ‘no relief for Dublin office market until 2027′

“Before Covid, every new desk job generated around 10sq m of office demand. However, this figure has plunged by two-thirds since Covid. With only 3.2sq m now being consumed for each additional job, -  Subscribe
© The Irish Times 08 Feb '24

Ireland’s escalating rental crisis laid bare by new data

1. No end to rent increases 2. New tenancies versus existing ones 3. Pressure points in the market 4. A lack of new supply 5. An international outlier -  Subscribe
© The Currency 08 Feb '24

Too big, and not big enough: The failure of European Reits

Sean Keyes: A couple of decades on, the dream is dying. Ireland’s only remaining Reit, I-Res, is hanging on by its fingernails. Activist investor Vision Capital has been on a campaign to dismantle t -  Subscribe
© The Irish Times 07 Feb '24

DEAL: Richmond Marketing pre-lets new logistics facility at 4065 Kingswood Road in Citywest

Richmond Marketing has agreed a pre-letting of a new logistics facility in Citywest, a move which will allow the brand builder to amalgamate its distribution operation in Park West -  Subscribe
© The Irish Times 07 Feb '24

Dublin’s office market nearing bottom of current downturn - HWBC

The report notes that there could potentially be a shortage of prime space in Dublin’s central business district by 2026 as the majority of currently available new buildings will be leased up by the -  Subscribe
© The Irish Times 05 Feb '24

Michael O'Flynn: Even with State subsidies, it is not realistic to expect house prices in Dublin to come down dramatically

Is it too much to ask that our political parties would put their differences aside and come up with emergency plans to address the current requirement and the deficit in housing? -  Subscribe
© Business Post 31 Jan '24

Chartered Land granted permission to replace Parkgate Street offices with 40 additional apartments

Chartered Land, the development firm owned by Joe O’Reilly, has been given the green light to scrap six floors of office space at its Parkgate Street development to build an additional 40 apartments -  Subscribe
© The Irish Times 31 Jan '24

Development land market hit record low in 2023: Sherry FitzGerald

A “very slow start” to the year saw total activity levels slump by more than 50 per cent to just €372 million, the lowest level seen since records began in 2015, across the greater Dublin area, -  Subscribe
© The Irish Times 31 Jan '24

DEAL: Private Irish investor pays €2.15m for Landscape House in Churchtown, Dublin 14

The property, let to Apleona Ireland, Box Direct and Flextime at an income of about €215,312 annually, comprises a detached two-storey office building extending to about 1,608.4sq m on a site of 0.2 -  Subscribe
© The Property Week 30 Jan '24

BNP Paribas Real Estate: Ireland Investment Market Report Q4 2023 - slowest fourth quarter in over a decade

Q4 has historically accounted for 37pc of the year’s investment property spending as bonus culture and, occasionally, tax changes create an urgency to get deals signed.  However, according -  Subscribe
© Business Post 30 Jan '24

Tetrarch and Marlet among final bidders for prime D4 office blocks

Last year, eight buildings in the Elmpark Green portfolio, owned by Starwood, the US private equity firm, were brought to market for a guide price of €55 million by CBRE, the property agency. -  Subscribe
© The Irish Times 30 Jan '24

Dublin City Council gives green light to Iput plc Earlsfort Terrace scheme

The scaling down of the scheme to demolish Deloitte House and Garryland House and replace the buildings with a nine-storey office block, reduced the gross floor area by 562sq m to 30,99sq m -  Subscribe
© Business Post 29 Jan '24

Colm Lauder: How we can reinvigorate institutional investment beyond Dublin

Of the €11 billion of actively managed institutional capital in Irish property, less than €700 million is invested in regional markets here: "This was driven by global investors seeing Ireland as -  Subscribe
© Business Post 29 Jan '24

Zara announces major expansion of store on South King Street

Its existing outlet, located opposite the side entrance to St Stephen’s Green shopping centre, is set to more than double in size from 1,300 square metres to 3,066 square metres, absorbing the adjac -  Subscribe
© Irish Independent 28 Jan '24

Ardale CEO Emma Maye on doing justice to her developer father’s legacy:

Maye already has much to keep her busy. The 45-year-old Dubliner is CEO of two companies – housebuilder Ardale, which is currently at various stages of construction on up to 1,000 houses, and Core -  Subscribe
© Irish Independent 26 Jan '24

‘It should not be allowed to happen’ – Anger as Ryanair buys bulk of Swords housing estate to accommodate staff

“Whilst I acknowledge their workers deserve and should have a roof over their heads. It's a bit of a slap in the face to the local residents given the lack of communication.” -  Subscribe
© The Property Week 26 Jan '24

JLL Irish Property Index Results for Q4 2023

DOWNLOAD FULL REPORT HERE>>> Niall Gargan: “Uncertainty isn’t going away in 2024, but we expect to see the return of predictability in some important areas, which we think will be enough to kick-s -  Subscribe
© Irish Independent 26 Jan '24

Value of city offices continues to slide, with the biggest drop in Dublin 4

MSCI/SCSI Ireland Quarterly Property Index howed the value of Dublin offices fell 5pc in the quarter and 15.9pc in the 12 months. Those in Dublin 4, including leafy Ballsbridge, fell by 8.7pc in the q -  Subscribe
© The Irish Times 26 Jan '24

First-time buyer mortgage activity rises to highest level since 2007

A new report by the Banking and Payments Federation Ireland (BPFI) has indicated the he number of FTB drawdowns reached a new post-crash peak of 25,591, valued at more than €7.2 billion in 2023. -  Subscribe
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