Momentum may be building in property
The Punt can't help wondering if it signals a bit of a revival in at least one end of the property space.
Sherry FitzGerald's commercial-property wing DTZ Sherry FitzGerald has appointed a new chairman and managing director to head up the business.
Long-time insider Aidan Gavin has been appointed managing director while Peter Lynch has been appointed as chairman.
Mr Gavin has been at DTZ since 1997. He previously ran the Galway business and has most recently been the company's regional director.
Incoming chairman Mr Lynch has been with the company since 1995 and has specialised in development land. Perhaps it's no surprise then that he has, in recent years, been leading the corporate-recovery division.