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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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© Irish Independent 15 Nov '24

DEAL: A Star Backpackers sell Dublin hostel site

The Irish hostel group A Star Backpackers has sold a development site off O’Connell Street, Dublin, to Firethorn Trust, a UK real estate investor and developer which is making its first acquisition -  Subscribe
© The Irish Times 15 Nov '24

London-based property firm nears deal for Buswells Hotel

A new UK real-estate firm cofounded by an Irish property veteran is close to buying Buswells, the storied hotel opposite Leinster House once owned by the Quinn family, for about €15 million, accordi -  Subscribe
© Irish Independent 14 Nov '24

Former Rathmines guesthouse sells for €3.6m guide

Located at 132 Rathmines Road Lower, the main property is a three-storey over-basement mid-terrace Georgian residential building that had traded as Rathmines Lodge bed and breakfast up until the Covid -  Subscribe
© The Irish Times 30 Oct '24

DEAL: Investment vehicle of Jim and Janet Curley, Astogo Holdings, acquire Ulster Bank premises at 130 Lower Baggot Street, Dublin 2

The iconic premises of about 8,500sq ft had been on the market with a guide price of more than €2.25 million. It is understood to have transacted at slightly over guide. Also acquired were the three -  Subscribe
© The Irish Times 30 Oct '24

DEAL: Urbeo in partnership with ICG Real Estate purchase Unit F, Kilcarbery Distribution Park for about €27 million

The building, constructed in the early 2000s, is currently multi-tenanted, with PRL Group and JMC Van Trans occupying the circa 185,000sq ft of logistics space. The property is located in the desirabl -  Subscribe
© The Irish Times 18 Oct '24

DEAL: 26 Dublin 7 apartments at Hampton Square sells for close to guide price of €7m

Hooke & MacDonald handled the sale. The guide price for the portfolio was €7 million, equating to an average of €269,231 per apartment and a gross yield of 6.5 per cent. It is understood that the -  Subscribe
© The Irish Times 18 Oct '24

DEAL: Arkéa REIM buys Block 5, Waterside Innovation Campus, Citywest, and Block 5, Parkmore East Business Campus in Galway for in excess of €20 million

The combined pricing represents an average net initial yield of between 7.5 per cent and 8 per cent, from long-term, stable tenants. Fine Grain Property were advised by Avison Young while Sienna Inves -  Subscribe
© The Irish Times 03 Oct '24

DEAL IT company pays over €5m for Estuary House at Swords Business Park

While the value of the deal has not been disclosed EOS is understood to have paid over €5 million to secure ownership of Estuary House. Stephen Mellon of CBRE handled the transaction on behalf of Ga -  Subscribe
© The Irish Times 03 Oct '24

DEAL: Irish investor in €10.25m deal for 45/47 Henry Street

The purchase of the property, which is fully let to Spanish fashion retailer Mango at a passing rent of €728,000 a year, will see the new owner secure a 6.45 per cent return on their investment. -  Subscribe
© The Irish Times 26 Sep '24

DEAL: Drogheda’s Southgate Shopping Centre sells for heavily discounted €22.5m

Having been offered to the market at an overall guide price of €31.5 million, Drogheda’s Southgate Shopping Centre has been sold in two lots for a total of €22.475 million. The sum secured repre -  Subscribe
© The Irish Times 26 Sep '24

DEAL: The Square shopping centre in Tallaght sold to European investors for €130m

Eagle Street Partners, the pan-European real estate investment and asset manager founded by Shane Scully and the late Justin Bickle, has partnered with Arrow Capital in the acquisition of the facility -  Subscribe
© The Irish Times 19 Sep '24

DEAL: Hines buys near 300-bed student housing scheme in Dublin

Scape Dublin, a 298-bed PBSA facility near the Royal College of Surgeons Ireland (RCSI) at the intersection of Golden Lane and Aungier Street in Dublin 2, -  Subscribe
© The Irish Times 19 Sep '24

DEAL: Solicitor and property investor Damien Tansey paid slightly more than the €2.85 million for number 65 Fitzwilliam Square

The Irish Times understands that he plans to convert the building into a suite of boutique offices. The property was offered for sale by Savills in February -  Subscribe
© The Irish Times 19 Sep '24

DEAL: Lugus Capital and Patron Capital have acquired Blackpool Shopping Centre in Cork in €49.5m deal

The price paid by Lugus and Patron represents a 57 per cent discount on the €115 million Varde paid to secure ownership of the scheme a decade ago. Varde Partners -  Subscribe
© The Irish Times 19 Sep '24

DEAL Atland Voisin pay about €11 million for Kingram House on Dublin’s Fitzwilliam Place

The portfolio, which also included Connaught House and Bewley’s Grafton Street premises, was offered to the market on behalf of receivers Grant Thornton by joint agents JLL and Cushman & Wakefield a -  Subscribe
© The Irish Times 12 Sep '24

DEAL: Private Irish investor pays €3.4m for Sandyford office block, Millbank House

A private Irish investor is in line for a net initial yield of 7.39 per cent on their investment following the acquisition of Millbank House, a modern office block at Sandyford Business Park in Sandyf -  Subscribe
© The Irish Times 05 Sep '24

DEAL: Private Irish investor in €8.75m deal for 2,571sq m Block 2, Blackrock Business Park

The tenant line-up comprises Identigen and Becton Dickinson, with a weighted average unexpired lease term of about four years to break and 10 years to lease expiry. -  Subscribe
© The Irish Times 05 Sep '24

DEAL: French investor, Atland, in €24m deal for MetLife’s Lower Hatch Street headquarters, “20 on Hatch”

While the price paid by Atland represents a 9 per cent discount on the €26.5 million price the property had been guiding when it was offered to the market on behalf of Davy Real Estate in April of t -  Subscribe
© Irish Independent 16 Aug '24

Goldman Sachs strikes deal with Strategic Value Partners over Blanchardstown Shopping Centre

The US investment bank offered the center for sale last year, seeking about €650m, Bloomberg News reported at the time. The selling price is lower than that, the people said, asking not to be identi -  Subscribe
© Irish Independent 16 Aug '24

Cyprus-based cuckoo fund trying to sell up to 120 Irish homes due to ‘poor return’ on investment

A cuckoo fund that bought hundreds of distressed Irish properties is trying to offload dozens of them because they “were not making a good return”. However, the investment group served a number o -  Subscribe
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