Property fund warns Irish investors of ‘knee-jerk’ redemption risk for €1.26bn portfolio
Fund, which about 8,000 Irish investors back, faced an uptick in redemption requests in the third quarter
Commercial real estate
Private investor pays €3.25m for Dawson Street home of Pret A Manger
Property sold in just eight weeks at a 14% premium over the original €2.85m guide price
Former Bord Gais headquarter office block seeking €9.5m
Dublin city centre property acquired and developed at a cost of nearly €14m in 2001 hits the market
Dublin office troubles hit global private equity giants
Blackstone, Brookfield and Henderson Park all taking writedowns on Irish office assets
German investor begins €70m redevelopment of Meta’s former Dublin headquarters
4/5 Grand Canal Square is targeting highest levels of sustainability and will be ready for occupation in 2027
Kilkenny takes on leading role in Deloitte Ireland’s real estate division
Industry veteran joins from CBRE where he advised on numerous major deals including sale of Blanchardstown Centre
Wright Group company buys leasehold interest in Rustic Stone’s building
Dylan McGrath’s former restaurant is to become a gastro-pub
Dublin docklands office price plunges to €25m as latest buyer walks away
Meta building on East Wall Road now being offered to market at 75% discount to 2018 sale price
QRE secures Bonus for valuations and advisory team
Deirdre Bonus’s career to date has included senior roles at Aramark Property, Chartered Land and Grant Thornton
Dublin facing high-quality office space shortage, HWBC says
Property agency warns of ‘growing mismatch’ between market demand and office space delivery
Dublin’s office market remains distressed and it’s too early to call a recovery in rents
Office development in Dublin will slow next year but the pace of digestion is likely to be sluggish
One-acre site in Cork city centre on the market for €4.5m
Site at Patrick’s Quay would be suitable for residential development or hotel use, according to a feasibility study carried out
Sandyford home of Grafton Group and Cubic Telecom seeking €24.2m
The 73,000sq ft office block has LEED Gold certification and A3 Ber rating following full refurbishment in 2019
Investment in Irish commercial property totals €394m in second quarter
€940m spend for first six months of 2025 comes in at less than half 10-year historical average of €1.9bn
First-time buyers in Dublin now locked out of Help-to-Buy scheme, warns Savills
Estate agent also warns in pre-budget submission that high transaction costs are dampening investment in commercial property
Dispute over failed €23m sale of Leopardstown site by religious order
Developer Rimor Magna is suing land owners Legionaries of Christ in Ireland
Former Eir headquarters in Citywest for sale
2022 Bianconi Avenue is quoting €9m, having been on the market in 2022 for €37m
Irish property investment levels rose in 2024 from low level
But investment in private rented sector stagnated while office market remained moribund
Construction activity increased in April, but was slowest on housing
Fastest increase was in commercial activity, which expanded for the third month running and at a solid pace
Irish hospitality group pays €1m for well-known Donegal hotel
Well-known Donegal hotel sold to hospitality group in off-market deal
If planning laws were changed, obsolete offices could be converted into housing to ease Dublin’s rental crisis
In Dublin, 15.3% of office space is vacant, and 64% of existing office stock is considered at risk of obsolescence
US financial giant BlackRock inks deal for new headquarters in Ballsbridge
BlackRock signs long-term lease for offices at Glencar House
Private investor pays €1.71m for Sandyford industrial unit
New owner in line for 8.76% yield on south Dublin investment
Ageing population offers healthy opportunity for property investors
Provision of healthcare, senior living and assisted-living facilities will deliver secure returns with those aged 65 and over in Ireland set to surpass a million by 2030
Should you withdraw your money from poorly performing property funds, or wait it out?
Investors can find themselves locked in when market downturns put a squeeze on fund withdrawals
Ballsbridge office coming to the market for €16m
87-89 Pembroke Road is currently let to Bank of Ireland and US embassy
Prime Dublin site hits market for more than €12m after adjoining five-star Morrison hotel is put up for sale
City-centre ‘opportunity offers significant development potential’, say the vendors
Planning exemption for conversion of Dublin 4 office into asylum-seeker housing challenged
Co Louth-based John Conway wants High Court to strike down Dublin City Council’s decision
Industrials: Tough year but rebound on the way
Warehouse supply constraints and global economic uncertainty led to dip in occupier take-up, but a better 2025 is expected
Retail: Vacancies decline as new brands enter Irish market
Retail has been most traded asset class so far in 2024, accounting for over 33% of overall property activity
Investors to focus on retail, industrial and student accommodation in 2025
Market turnover remains muted but conditions will pick up next year
Hotels: Despite trading difficulties, deal volumes look to exceed €1bn
With deal values of €900m and several big sales pending, Irish hotels have been in demand in 2024
Retail: prime shopping streets to remain in demand due to strong yields
With other sectors struggling, retail could account for more than 50 per cent of total investment this year
Commercial property investment sales in 2024: a sense of déjà vu but signs point to a better 12 months ahead
It may not have heralded the recovery people were hoping for but debt markets should free up and activity levels pick up next year
Crosswords & Puzzles
Crosswords & puzzles to keep you challenged and entertained
Common Ground
How does a post-Brexit world shape the identity and relationship of these islands
The GlossOpens in new window
Read the digital edition of The Gloss magazine now
Family NoticesOpens in new window
Weddings, Births, Deaths and other family notices