Date for KPMG Irish Independent Property Excellence Awards
This Friday marks the deadline for entries to the KPMG Irish Independent Property Industry Excellence Awards.
This Friday marks the deadline for entries to the KPMG Irish Independent Property Industry Excellence Awards.
The time has come for Taoiseach Leo Varadkar and Housing Minister Eoghan Murphy to stop the 'spin' and to get to grips with the 'F' word.
Developer Sean Mulryan's Ballymore Group has picked up yet another award for its work in London.
The amount of available office space in Dublin fell in the three-month period to the end of June, a new report has found.
THERE are just eight days left until the September 29 deadline for entries to the KPMG Irish Independent Property Industry Excellence Awards. Now into their third year, the awards have recognised the achievements of noted property professionals such as Ballymore's Sean Mulryan, IPUT and Cosgrave Developments, to name but a few.
Belfast-born property investor Paddy McKillen was very nearly beaten to the punch in his recent acquisition of a prime 10-acre development site in Blackrock in south county Dublin.
CBRE are seeking €800,000 for Unit 4008 at Citywest Business Campus. The property which is fully-let to Links Creche is located in close proximity to numerous housing estates including Brownsbarn Wood & Orchard, The Belfry, Verschoyle and Carrigmore as well as the newly-developed Silken Park & Cuil Duin, and Citywest Village. The creche is also an important amenity for Citywest Business Campus and its 150 companies.
Agent William Harvey & Co is offering two sites on Jordanstown Road in the Greenogue Business Park for sale for €1.8m and €1.755m respectively, or €2.955m for the entirety.
'Dublin's Got Talent', a talent show fundraiser organised by Savills Ireland, returns to the Ballsbridge Hotel in Dublin on Thursday October 26 next. All proceeds will go the national mental health charity, Aware.
A plan by the Comer brothers to complete the development of the Sentinel building and an adjoining apartment block in the Sandyford Business District in south Dublin has been met with an objection from Transport Minister Shane Ross.
Green Reit CEO Pat Gunne has ruled out the possibility of expanding the property investment group's operations to include the delivery of housing.
Agents Finnegan Menton are guiding a price of €7.7m for a multi-family unit investment portfolio of 25 apartments in Rockfield & Riversdale, Dundrum, Dublin 16.
Agents Knight Frank are guiding in excess of €2.5m for a residential redevelopment opportunity in close proximity to Grand Canal Dock at South Dock...
There are just over two weeks remaining until the deadline for entries to the KPMG Irish Independent Property Industry Excellence Awards. Now into their third year, the awards have recognised the achievements of noted property professionals such as Ballymore's Sean Mulryan, IPUT and Cosgrave Developments to name but a few.
Agents Knight Frank are guiding a price of €8.75m for Beaver House at the Beech Hill office campus in Clonskeagh, Dublin 4.
A 67.21-acre zoned land bank at the edge of Kilkenny city has ben brought to the market by Knight Frank with a guide price of €2m exclusive.
Michelle Jackson of agents TWM is seeking offers in excess of €1.95m for Maurice Mahon House, a high-profile, two-storey commercial investment opportunity at the heart of the affluent coastal town of Malahide in north county Dublin.
The 13 remaining acres of the Temple Mills residential development site in Rathangan, Co. Kildare, will be offered for sale by tender on October 12 next. Liam Hargaden of Jordan Auctioneers is guiding a price of €2.3m for the site, which has full planning permission for the development of 99 houses.
Former Republic of Ireland international and Premier League soccer star Stephen Hunt has put his hugely successful Rosslare business venture, Tides Gastro Pub, up for sale.
AN Israeli property tycoon who funded supermarket expansion at the height of the financial crisis in 2010 has put a portfolio of four stores on the market for nearly €50m.
NoLita on Dublin’s South Great George’s Street is throwing its doors open this Friday night for a special fundraiser headlined by The Strypes and Roisin O.
With prices starting at €980 a month for a standard room, and rising to €1,380 for a premium studio, the offering at GSA's newly-opened Uninest New Mill student residence in Dublin's Liberties has been dismissed by the commentariat as beyond the reach of those looking for a place to live during term time.
A severe shortage of stock to meet the volume of domestic and international demand continues to be the biggest challenge facing Ireland's commercial property market, according to the findings of CBRE's latest bi-monthly report.
Agents Knight Frank are guiding a price in excess of €12.5m for the part-freehold and part-leashold title of Block D Charlemont Exchange in Dublin 2.
Offers in the region of €2.5m are expected for a McDonald's drive-through restaurant located at the northern gateway to Cork city centre.
Google is set to expand its Irish operations further with a planned move to offices in Sandyford in south Co Dublin.
Investors looking to take advantage of Dublin's booming residential rental market have an opportunity to snap up 44 apartments and six townhouses in the heart of the city centre.
Agents DNG Cusack Dunne are quoting an AMV of €820,000 for a substantial office and production facility at the National Technology Park in Castletroy, Co. Limerick.
London-headquartered MoreySmith, one of Europe's leading interior design and architecture practices, is to expand its operations with the opening of a new office in Belfast.
A decision by An Bord Pleanála on whether Ireland's largest private landlord Ires Reit can proceed with plans for 467 apartments at Sandyford in south Dublin has been delayed.
The four-star Gibson Hotel in Dublin's Docklands has been put up for sale with a guide price of more than €87m.
The continuing fall-off in the number of large commercial property assets being offered for sale in the Irish market saw turnover of €278m recorded for the three-month period to the end of June, according to the latest quarterly report from BNP Paribas Real Estate.
Developer Johnny Ronan has said that he intends to return to building in London despite the uncertainty thrown up by Brexit.
The supply of new homes in south County Dublin could be in line for a boost of nearly 500 units with plans submitted to An Bord Pleanala for consideration under the Government's temporary fast-track planning application system.
A battle for the ownership of Galway's famous G Hotel is underway following a bid by Deutsche Bank to appoint receivers to the business.
It's long been known that Johnny Ronan is a man of towering ambition. However, the sheer scale of the developer's dreams have only just been revealed in a rare and wide-ranging interview he has given to the UK's commercial property bible, 'Property Week'.
The next time you feel like complaining about the size of your mortgage, you might want to spare a thought for Beyoncé and husband Jay Z.
The first six months of 2017 saw the strongest levels of take-up in the Dublin office market in almost a decade according to the latest quarterly report on the sector from Cushman & Wakefield.
The next time you feel like complaining about the size of your mortgage, you might want to spare a thought for Beyonce and husband Jay Z.
Dublin may be leading the charge in terms of Ireland's economic recovery, but there is a "serious mismatch" between the office stock being demanded and that available.
Developer Michael O'Flynn has been granted leave by the High Court to bring a judicial review against An Bord Pleanala over its rejection of his company's plans for the development of housing in south Dublin.
Beyoncé and husband Jay Z have reportedly closed a $90m (€76.5m) deal to buy a mansion in LA's exclusive Bel Air neighbourhood developed by Dean McKillen, the son of Belfast-born property investor Paddy McKillen.
Beyonce and husband Jay Z have reportedly closed a $90m deal to buy a mansion in LA’s exclusive Bel Air neighbourhood developed by Dean McKillen, the son of Belfast-born property investor Paddy McKillen.
A €2.8m mortgage owed to the Bank of Ireland by its deputy chairman, Patrick Kennedy, has been costing him as little as €17,000 a year.
The head of Colony NorthStar, one of the world's leading real estate investment trusts (Reits) has described his company's acquisition of Nama's €1.5bn par value Project Tolka loan book and other Irish investments as "being really great for us", and said that he believes Dublin could "disproportionately benefit" from the outcome of Brexit.
Demand for manufacturing, logistics and warehousing property in Dublin continues to rise, underpinned by a 2.9pc increase in trading volumes at Dublin Port in the first half of this year.
Vulture funds, developers and even the State itself will soon be liable for the payment of vacant site levies amounting to millions of euro annually, following an audit of unused land in the capital by Dublin City Council.
The two-tiered nature of Ireland's economic recovery has been highlighted again in a new commercial property report.
While Dublin may be holding its own in the battle for Brexit business, with banking giants such as Bank of America, Barclays and JP Morgan all committing to increase their presence here, the overall economic impact of the UK's departure from the EU will be negative. That's the point that managing director at agents Murphy Mulhall, James Mulhall, says must be remembered following his firm's release of the latest figures for office take-up in the capital.
Financier Derek Quinlan's bid to revive his career through the proposed acquisition on behalf of European investors of Brussels' Finance Tower from the real estate giant Breevast has taken an extraordinary twist after one of the Dutch company's owners, Frank Zweegers, was arrested.
Ireland's biggest private landlord, Ires Reit, has warned that the prices now being paid by investors for blocks of apartments to serve the rental sector are excessive.
Irish Life's plan to demolish and redevelop Bord Failte's former headquarters on Dublin's Baggot Street has been thrown into question following an appeal to An Bord Pleanala by a group representing a number of the country's foremost architects.
Cork-based developer John Cleary's JCD Group has been given the go-ahead by the city's planners to build a five-storey office building capable of accommodating 450 workers.
AIB chairman Richard Pym has said the bank intends to publish proposals in the autumn to assist with the delivery of new housing. Pym revealed the AIB's intention to make what he described as a "serious contribution" to efforts to address the housing crisis in the course of an address to the MacGill summer school, which took place in Donegal recently.
A judge who granted a summary €8m debt judgment against a former head of business banking at AIB in Eyre Square, Galway, the banker's wife and Anglo Irish Bank's former head of lending has directed that the case be reheard.
Belfast's Castlecourt shopping centre has been sold for a sum in the region of £125m (€139m) .
Nama has paid out more than €39m in fees to Irish and international law firms since 2010 according to new figures.
The chief executive of the UK-headquartered shopping centre giant Hammerson has dismissed the suggestion that the record rents now being paid for housing in Dublin might have a negative impact on the performance of its Irish portfolio, even as shoppers find themselves with less and less disposable income.
GLG (Gerson Lehrman Group, Inc.), the world's leading membership for professional learning, is to double the size of its Dublin office from 464 sq m (5,000 sq ft) to 929 sq m (10,000 sq ft), in a move that will see it relocate from the Harcourt Centre in Dublin 2 to Waterloo Exchange in Ballsbridge.
Financier Derek Quinlan's bid to revive his career remains on course with negotiations on the proposed acquisition of the Finance Tower in Brussels still in progess.
Savills have brought Kilcoole Golf Club in County Wicklow to the market with a guide price of €1.15m.
Hibernia Reit chief executive Kevin Nowlan has called for the introduction of new building codes and targeted tax incentives to encourage the development of apartments for Dublin's residential rental market.
The head of the UK-headquartered shopping centre giant, Hammerson, has dismissed the suggestion that the record rents now being paid for housing in Dublin might have a negative impact on the performance of its Irish portfolio even as shoppers find themselves with less and less disposable income.
Pub and hotel specialists Morrissey's are guiding a price of €650,000 for the investment interest (tenant not affected) in Conways pub in Blackrock village in south county Dublin.
Hibernia Reit CEO Kevin Nowlan has confirmed that the company is in "advanced talks" with a potential new tenant for its office development at 1 Windmill Lane (1WML).
Nama has sought to explain a near €1m difference between figures it supplied to Independent TD Mick Wallace for fees received by a Belfast-based financial consultancy for insolvency work, and information provided to him by finance minister Paschal Donohoe, saying that the money had been "deducted" by the firm rather than paid to it.
Developer Michael Cotter has become the first house builder to avail of the Government’s heavily-anticipated introduction of a temporary ‘fast-track’ planning application system for large -scale housing schemes.
Developer Michael Cotter has become the first house builder to avail of the Government's heavily-anticipated introduction of a temporary 'fast-track' planning application system for large-scale housing schemes.
Dublin has emerged as one of the fastest-growing prime retail locations in the world according to CBRE's latest half-yearly research report, 'Global Prime Retail Rents'.
Finance Minister Paschal Donohoe is paying rent to a new landlord following the sale of his Dublin constituency office last week.
Ballymore's annual summer barbeque took place in London last week.
The first new building to be constructed in the IFSC since 2003 is nearing completion. The façade of 'The Exchange' building was revealed yesterday, and the Cosgrave Property Group, in partnership with IPUT plc, has now confirmed a completion date of September 28, which is ahead of schedule.
UK-headquartered student living specialists, Scape, are set to take advantage of the massive demand for accommodation being generated by Dublin's universities and third-level institutions following the €20m acquistion of a highly-prized site on Aungier Street.
Three out of five Irish business owners have identified a reliable internet connection as being their main consideration when selecting their office space. That's the finding of a survey conducted by digital connectivity ratings specialists, WiredScore, in preparation for the official launch last night of its service to the Irish commercial real estate market.
Agents CBRE are guiding a price of €1.2m for No 9 Ormond Quay Lower.
Leading outdoor apparel retailer, Regatta Great Outdoors is to open a store in the newly-redeveloped Moore Mall South at the Ilac Centre.
Ireland's biggest private residential landlord, Ires Reit, is set to make a financial killing on its acquisition and investment in apartments in Sandyford, in south Co Dublin.
A senior Nama executive, who played a pivotal role in its formulation of proposals for the delivery of social housing, is among 50 employees currently on 'gardening leave' in advance of taking up new positions in the private sector.
Nama's decision to sell its interest in London's iconic Battersea Power Station has been called into question once again, with the revelation that its new owners expect to make a profit of Stg£1.8bn (€2.02bn) from its development.
The Castletown Inn in Celbridge, Co. Kildare, secured an impressive €1.6m at auction last week.
Targeted Investment Opportunities ICAV has abandoned plans to develop a primary healthcare facility at the Gateway Retail Park in Knocknacarra, Co. Galway, having determined that the proposal is unviable.
Its most famous visitor may have come and gone in 1849, and some 157 years before it opened for business as a hotel, but the arrival of the luxurious Carton House Hotel, Spa and Golf Resort on the market is still a big deal - a €60m deal, to be precise.
There's Irish interest on the inaugural 'Property Week Power 100' - a list of the 100 most influential individuals within the UK property industry.
Melford Property Consultants have brought two office investment opportunities in Sandyford in south county Dublin to the market.
Allsop secured sales of over €30m in two auctions last week. Almost 3,000 bids were placed at the sales, with multi-unit lots proving to be the strongest performers, according to Richard O'Neill, director at Allsop.
Its most famous visitor Queen Victoria may have come and gone in 1849, and some 157 years before it opened for business as a hotel, but the arrival of the luxurious Carton House Hotel, Spa and Golf Resort on the market is still a big deal — a €60m deal, to be precise.
The luxurious Carton House Hotel, Spa and Golf Resort in Kildare has gone on the market with a guide price of €60m.
Hewlett Packard’s Leixlip manufacturing campus is being brought to the market by agents CBRE today, with the expectation from property industry sources that its sale could secure in excess of €60m.
More than 150,000 sq m (1.6 million sq ft) of office lettings were signed in Dublin in the first six months of 2017, according to the latest report on the sector released by CBRE yesterday.
The chairman and CEO of JPMorgan, Jamie Dimon, has formally confirmed the US investment banking giant's plans to grow its business in Dublin.
The chairman and CEO of JP Morgan, Jamie Dimon, has formally confirmed the US investment banking giant’s intention to grow its business in Dublin.
Pub and hotel specialists Morrissey's are to offer Nash's licensed premises at the intersection of Patrick Street with Kevin Street in Dublin for sale by public auction at 3pm on Tuesday July 18 next.
WK Nowlan Real Estate Advisors has raised in excess of €20,000 for Crumlin Children's Hospital from its 'Battle of the Bikes' challenge held at CHQ in Dublin last Thursday night.
The Millrace Hotel in Bunclody, Co. Wexford, has been brought to the market by agents CBRE for a guide price of €2m.
London coworking provider Huckletree has announced plans to open Huckletree D2, its first international workspace. Located at the Academy on Dublin's Pearse Street, Huckletree's new premises is equipped to accommodate up to 400 members of the city's burgeoning community of tech start-ups and entrepreneurs.
To say that the sale of a property presents potential buyers with a 'unique opportunity' may be a bit clichéd. In the case of No 344 North Circular Road, however, the description is arguably as close to appropriate as any estate agent could be in their use of sales speak.
One of Europe's largest organic farms - the Grianan Estate in Donegal - has been sold by the Donegal Investment Group to Glenmore Estate Farms Ltd for €17.425m.
An investment fund backed by the taxpayer has stumped up €50m to help finance developer Cairn Homes' €107.5m acquisition of lands at RTÉ's Montrose campus.
Dublin City Council's rejection of Johnny Ronan's proposal to build Dublin's tallest building next to Tara Street station "demonstrates that the planning system has broken down".
Developer Johnny Ronan is to appeal Dublin City Council's decision to reject his plan to build Dublin's tallest building on Tara Street.
A scheme with an estimated value of over €200m and aimed towards the regeneration of the Newmarket Square area in Dublin's historic Liberties has been announced.
As the founder of the New Land League, Jerry Beades has defended distressed borrowers against banks seeking to repossess their property.
Twitter's EMEA Headquarters at Cumberland Place in Dublin city centre has secured LEED Platinum-level certification for a 'Repurposed Building'. The award makes Twitter's Dublin premises one of the few office buildings in Ireland, and the first Twitter office in the world, to achieve this highest LEED certification. LEED (Leadership in Energy and Environmental Design) Platinum certification is recognised across the world as the benchmark of green building standards.
Agents Power & Associates are guiding a price of €25m for the Plassey Portfolio, a collection of three prime grade A office buildings at Limerick's foremost business campus - the National Technological Park.
Agents CBRE are seeking offers in excess of €5m for 9-10 Fenian Street, a prime property with full planning permission for a mixed-use office and retail development at the heart of Dublin city centre's Georgian core.
Savills is aiming to speed-up commercial and residential property transactions with the introduction of 'Click to Purchase' - an agent-operated transactional platform for buying and selling property online. The model, which originated in the UK, enables buyers and sellers to engage in private treaty, best bids and real-time auctions from their desktops or on the go.
Developer Sean Mulryan's decision long ago to invest in London's docklands continues to pay dividends. Having already helped see Ballymore Properties through the recession and out of Nama, the strength of Mr Mulryan's property portfolio in the UK capital has propelled him on to the Estates Gazette 2017 'Power List'.
Property industry professionals expect to see huge flux in the Irish market in the coming months, according to the latest Origin Capital Commercial Real Estate Sentiment Tracker.
The religious order that owns the grounds at Clonkeen College school in south Dublin was in discussions to sell its playing fields as long ago as May last year - but did not tell the school.
The seven-year period required for certain landowners to avail of a capital gains tax exemption introduced by finance minister Michael Noonan in the 2012 budget to encourage property transactions should be shortened to free up land for residential development.
Michelle McGarry of agents Colliers International has sold an exceptional Victorian property on Northbrook Road for €1.8m. The price achieved for the property exceeded the guide price by €100,000.
Agents Colliers International are guiding a price of €8m for the Adelaide Chambers office scheme on Peter Street in Dublin city centre.
The Board of Directors of BNP Paribas Real Estate Ireland has confirmed Thomas Carthy's departure as executive director of the company. In a brief statement issued on behalf of BNP's board, a spokesman said: "We want to thank Thomas Carthy for his many years of service and wish him well in his future career."