Tuesday 24 January 2017

Election in brief: Uncertain result to hit investment

Published 04/02/2011 | 05:00

AN uncertain election result could scare off foreign investors who are interested in buying property here, the Society of Chartered Surveyors warned last night.

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The society's president Peter Stapleton said there were signs of foreign interest in Irish assets, especially from American investors who saw that the fall in Irish prices had resulted in Irish property offering better value than it had for years. However, he warned that overseas property investors would be easily scared off if they saw political uncertainty continuing after the election.

Retailers praise pledge on rents

RETAILERS yesterday said proposals from Fine Gael and Labour are the most significant measures in recent times to help stores weather the recession.

In particular, a proposal to give all tenants including those with upward-only review clauses, the right to have their commercial rents reviewed in 2011, was given a warm welcome by Retail Excellence Ireland which represents around 3,000 retailers.

Greens switch to Irish citizen

THE Green Party has been forced into an 11th-hour candidate switch in one constituency because of an embarrassing passport wrangle.

Jennifer Sleeman (81) -- who hit the headlines last year after organising a one-day Mass boycott -- had been scheduled to contest a Dail seat in Cork South West for the Green Party. However, it has emerged the pensioner does not hold Irish citizenship.

Kiely to stand as an Independent

FORMER Mayor of Limerick Kevin Kiely will contest the election as an Independent candidate in the city.

Mr Kiely, a sitting Fine Gael councillor in Limerick, said he took the decision after the party failed to nominate him on the party ticket to run alongside Michael Noonan and Kieran O'Donnell.

Woman (75) sets sights on victory

A 75-YEAR-OLD woman is likely to be among the oldest candidates to contest the general election.

Loretta Clarke, from Ballina, has signalled her intention to run as an Independent in the five-seater Mayo constituency.

Irish Independent

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