Weekly Irish property market news and insights – for the industry, by the industry
Before we get stuck into the general property news of the week, below are the local and international stories that might be of particular interest:
@ipropertyradio Well done to all the nominees and winners of the Irish Construction Industry Awards 2023!! #ipropertyradio #construction #ireland #building #home #ICIAward #irish ♬ One Side – Iyanya
- The team at Property District were delighted to support the Irish Construction Industry Awards this week, it was a great event! The level of skill and innovation on display from all the shortlisted companies was truly world-class, showcasing some of the most forward-thinking projects our industry has to offer. Seeing the variety of projects and the calibre of entries was a testament to the incredible work being done in Ireland’s construction industry. Huge congratulations to all the shortlisted firms for setting such a high standard and to the winners, whose projects have helped to raise the bar for excellence. We are so proud of our industry’s visionaries and creators, the planners and the builders – your work is shaping our skylines and communities for the better. Well done to everyone involved! 👏
- Alarm bells on economy will force difficult choices on government: Exchequer returns show a 45 per cent drop in corporation tax and a swing into deficit to the tune of €900m https://www.businesspost.ie/analysis-opinion/editorial-alarm-bells-on-economy-will-force-difficult-choices-on-government/
- Obsolescent Offices Could Add 6,000 Homes In Dublin https://businessplus.ie/industry-type/real-estate-property/obsolescent-offices-could-add-6000-homes-in-dublin/
- No plans to extend Help to Buy to second-hand properties due to ‘dead weight’ and high cost fears https://m.independent.ie/irish-news/no-plans-to-extend-help-to-buy-to-second-hand-properties-due-to-dead-weight-and-high-cost-fears/a1654558884.html
- Planning: Excellent analysis and observations by PII’s David Duffy – “We must seize the opportunity to review outdated National Planning Framework if it is to remain our country’s North Star…” https://m.independent.ie/business/we-must-seize-the-opportunity-to-review-outdated-national-planning-framework-if-it-is-to-remain-our-countrys-north-star/a1706973793.html
- Data centre sector eyes key emerging markets to deliver on soaring demand – IrishRealEstate.news: 92% “of respondents to Turner & Townsend’s survey said that access to power is now more important for data centres than their geographical location…” https://www.irishrealestate.news/data-centre-sector-eyes-key-emerging-markets-to-deliver-on-soaring-demand/
- European shares rise as Fed rates hold boosts property and tech stocks: Markets buoyed by suggestion central banks are finished hiking rates for now https://www.irishtimes.com/business/2023/11/02/european-shares-rise-as-fed-rates-hold-boosts-property-and-tech-stocks/
- IRES: Margaret Sweeney to retire as CEO in 2024 https://www.webdisclosure.com/finance/stocks/irish-residential-properties-reit-plc/news/1202721.html Also; Irish Residential Properties Reit chief executive to retire next year https://m.independent.ie/business/irish-residential-properties-reit-chief-executive-to-retire-next-year/a1333920694.html Also: Put a property expert in charges of Ires, demand investors: Shareholders are frustrated by a perceived failure by management to realise value from its portfolio https://www.thetimes.co.uk/article/put-a-property-expert-in-charges-of-ires-demand-investors-n3jvblwbt
- New Ires Reit chief will face the same problems – high interest rates and €1,772 rents: Margaret Sweeney has said she plans to step down next spring but rent caps and rising loan repayments will hinder her successor https://www.businesspost.ie/analysis-opinion/ian-guider-new-ires-reit-chief-will-face-the-same-problems-high-interest-rates-and-e1772-rents/
- Sherry FitzGerald’s income rises 11% but CastleGate sale costs deliver a loss: Sherry FitzGerald was sold to Tommy Kelly’s CastleGate Investments for a reported €50m in May 2022 https://www.irishtimes.com/business/2023/11/01/sherry-fitzgeralds-income-rises-11-but-castlegate-sale-costs-deliver-a-loss/
- Insurers know the answer to Irish flood cover problem: States, including the UK, the US, France and Germany, have a variety of formalised scheme to cover flood damage https://www.irishtimes.com/business/2023/11/02/insurers-know-the-answer-to-flood-cover/ Also: State to explore public-private flooding insurance partnership: Other options include increased private cover and state insurance flood relief schemes https://www.businesspost.ie/news/state-to-explore-public-private-flooding-insurance-partnership/
- Maurice Regan progresses Barne Estate deal in spite of John Magnier litigation: Owner of Coolmore Stud launched legal proceedings last month to enforce alleged ‘handshake’ deal to buy property for €15 million https://www.businesspost.ie/news/maurice-regan-progresses-barne-estate-deal-in-spite-of-john-magnier-litigation/
- Loan of €4.1m for Howth property was ‘never a home loan’, Michael Lynn trial hears https://www.breakingnews.ie/business/loan-worth-e4-1m-for-howth-property-was-never-a-home-loan-michael-lynn-trial-hears-1547512.html
- The family story behind the building of Adare Manor: Adare Manor is now a luxury hotel, but its construction in the 19th century by the Wyndham Quins family was a labour of love https://www.irishtimes.com/property/interiors/2023/11/04/the-family-story-behind-the-building-of-adare-manor/
- ‘There is no divilment left’ – Pat Kenny swipes at RTÉ as broadcasting veterans fret over future: Media event where the national broadcaster’s dirty laundry was aired https://www.businesspost.ie/news-focus/there-is-no-divilment-left-pat-kenny-swipes-at-rte-as-broadcasting-veterans-fret-over-future/
- 10th National Business Post Property Summit: I look forward to hosting a fireside chat with placemaking champion, Alison (Ali) Harvey, discussing ways to revitalise our town centres – full agenda at: https://propertysummit.ie/2023-agenda/
If you missed last week’s round-up, you can catch up here: https://propertydistrict.ie/sunday-roundup/
As always, you might let me know if I have missed out on any relevant property news by emailing carol@propertydistrict.ie.
(Apologies in advance for any typos, it’s difficult to get good help on a Sunday. Also, I use voice to text dictation so just sound out anything that really doesn’t make sense in a strong rural accent and that should help!)
SUNDAY LISTEN
This week on iPropertyRadio…
#Property Roundup
This week on the #PropertyRoundup on iProperty Radio, I am joined by Majella Galvin, chartered surveyor, estate agent, registered valuer and Director at DNG MICHAEL GALVIN Auctioneers in Bandon. Majella discusses the supply and demand of new and second-hand property in Cork and regions of Cork County, and how DNG Galvin helps those preparing to sell their home.
Majella and the team will also be running a series of seller and buyer workshops in the New Year, contact DNG Galvin for more information: https://dnggalvin.ie/
*Property Roundup is sponsored by Daft.ie, Ireland’s most visited property website
*Watch/ listen back: https://ipropertyradio.com/property-roundup/
#Proptech Hot Seat
In the ‘Proptech Hot Seat’ is Fred Jones, Chief Operating Officer with proptech homebuyer UPSTIX. Fred joins me to discuss how UPSTIX uses AI to give valuations on homes. He gives an overview of the benefits of the platform for those who would take a reduction in price in favour of speed. Listen back to the full interview to hear about the trends in the market at the moment.
Proptech Hot seat is sponsored by Proptech Ireland, the hub for innovators, investors and industry leaders https://prop-tech.ie/
Watch/ listen back: https://ipropertyradio.com/proptech-hot-seat/
#BreakingGround
On #BreakingGround we are joined by Thomas Campbell, managing director of TA Group.ie.
Thomas joins us today to discuss some recent contract wins, including a design & build prohect in Tinahely on behalf of Wicklow County Council, and the redevelopment of a site in Ballinakill town centre in Co Laois. He also talks about the emergence of integrated design teams to speed up the delivery of vital new homes and infrastructure. Learn more about TA Group here- https://tagroup.ie/
Breaking Ground is sponsored by PLACEengage – Your Virtual Town Hall, a data-driven platform for more successful public consultation and community engagement for your next development project https://placeengage.com/
*Watch back and listen back: https://ipropertyradio.com/breaking-ground/
Watch back and listen back to all shows at: https://ipropertyradio.com/shows/
Produced by Katie Tallon, with Hear Me Roar Media on sound https://hearmeroarmedia.com/
PLACEMAKING
OPEN PUBLIC CONSULTATIONS AND COMMUNITY ENGAGEMENT
- Céard é Comhfhorbairt Áite? “Teastaíonn dea-áitíocht saineolaithe ildisciplíneacha freagraí a chur ar fáil, ach tugann áitíocht maith guth don phobal chun na ceisteanna cearta a chur ar bun.” 👉https://placeengage.com/ceard-e-comhfhorbairt-aite/
- Housing people along the Liffey at a new gateway to Dublin city: Ambitious plans by semi-State transport company CIÉ to build 1,000 apartments at Heuston Station in Dublin would draw in residents from surrounding areas with new bridges crossing the river https://www.irishtimes.com/ireland/dublin/2023/10/31/river-living-housing-people-along-the-liffey-at-a-new-gateway-to-dublin-city/
- Moving Dublin Port to Portlaoise would ‘release hundreds of acres for living’: There is “no point” having Ireland’s main port in Dublin and it should instead be moved to Portlaoise in the Midlands, property developper Harry Crosbie has said. https://www.newstalk.com/news/moving-dublin-port-to-portlaoise-would-release-hundreds-of-acres-for-living-1521269
- Dublin’s markets area to be revitalised ahead of Victorian market reopening: New pedestrianisation plans could see car-free area extended from O’Connell Street to market building https://www.irishtimes.com/ireland/dublin/2023/10/31/dublins-markets-area-to-be-revitalised-ahead-of-victorian-market-reopening/
- Towns and cities most at risk of flooding as Storm Ciarán tracks towards Ireland: OPW identified towns under threat five years ago – yet some projects have yet to get off drawing board https://m.independent.ie/irish-news/revealed-towns-and-cities-most-at-risk-of-flooding-as-storm-ciaran-tracks-towards-ireland/a122425999.html
- Widening gap between disadvantaged communities across Ireland https://www.irishexaminer.com/news/arid-41261080.html
- Galway area titled ‘best Airbnb winter destination’ beating off top competition: Several spots along the Wild Atlantic Way were featured https://www.galwaybeo.ie/news/galway-news/galway-area-titled-best-airbnb-8872000.amp
- Uisce Éireann continues to invest in The Déise as further upgrades to the water network announced https://www.water.ie/news/uisce-eireann-continues-t-4/
- Eirgrid offers landowners €50,000 for each pylon they allow on their land: National grid company deals include €50,000 for each pylon and compensation for overhead lines https://www.irishtimes.com/business/2023/11/03/eirgrid-offers-landowners-40m-to-allow-pylons-on-their-land/
- Laois County Council to levy derelict properties https://www.ireland-live.ie/news/laois-live/1336796/laois-county-council-to-levy-derelict-properties.html
- Roscrea first in Ireland to launch new Town Centre First plan https://www.offalyexpress.ie/news/home/1336553/roscrea-first-in-ireland-to-launch-new-town-centre-first-plan.html
- Near record level of homelessness across Galway, Mayo and Roscommon https://www.mayonews.ie/news/home/1337642/near-record-level-of-homelessness-across-galway-mayo-and-roscommon.html
ISSUES IMPACTING RURAL IRELAND
- RURAL IRELAND: There is a new group being set up for housing developers, property investors and estate agents trying or intending to deliver new homes, businesses or important infrastructure in rural Ireland – email in confidence to carol@propertydistrict.ie.
- New build designed to resemble a typical Irish cottage (above) and its associated outbuildings is providing inspiration for those keen to construct a house in keeping with the landscape of rural Ireland https://www.agriland.ie/farming-news/new-build-inspired-by-traditional-irish-cottage/
- Agri and sales take off – An imminent change to nitrate usage rules on farms is being reflected in brisk sales of land as farmers in the dairy heartlands of north Tipperary bid to increase their holdings to ward off significant cuts to their incomes. https://www.nenaghguardian.ie/2023/11/04/land-sales-take-off/
- Thousands of homeowners could be forced to abandon coastal properties under new national policies https://m.independent.ie/irish-news/thousands-of-homeowners-could-be-forced-to-abandon-coastal-properties-under-new-national-policies/a1699941090.html
- Irish climate tech startup Silicate unveils chemical weathering tech that helps farmers to fight carbon dioxide https://www.engineersireland.ie/Engineers-Journal/News/irish-climate-tech-startup-silicate-unveils-chemical-weathering-tech-that-helps-farmers-to-fight-carbon-dioxide
CONSTRUCTION, MMC & DEVELOPMENT NEWS
- Martin claims by year end 100,000 homes will have been built since coalition took up office: Tánaiste tells Ard Fheis ‘real momentum is building’ in provision of new homes https://www.businesspost.ie/news/martin-claims-by-year-end-100000-homes-will-have-been-built-since-coalition-took-up-office/
- INFRASTRUCTURE: €19bn shortfall in state’s capital budget to derail flagship projects – Key infrastructure like Metro North, Dart, national road, rail and cycle projects are all under threat due to inflationary pressures, government is told https://www.businesspost.ie/news/e19bn-shortfall-in-states-capital-budget-to-derail-flagship-projects/
- An Bord Pleanála has filled just over half of the jobs sanctioned by the Department of Housing since last December https://www.irishexaminer.com/news/arid-41257372.html
- ‘It takes you three seconds to fall 26 feet’: Former construction boss warns others that risks still exist in building: Five building site workers have died on the job to October this year https://m.independent.ie/business/jobs/it-takes-you-three-seconds-to-fall-26-feet-former-construction-boss-warns-others-that-risks-still-exist-in-building/a2068534945.html
- Top ten Irish architects’ projects worth more than €13,870m in past year: Figures from Construction Information Services Ireland exclude overseas developments, so the total value is likely to be considerably higher https://www.businesspost.ie/article/top-ten-irish-architects-projects-worth-more-than-e13870m-in-past-year/
- Profits jump 439% at property developer Rohan Holdings: Company sees revenue quintuple compared with a year earlier https://www.irishtimes.com/business/2023/10/30/profits-jump-439-at-property-developer-rohan-holdings/
- Quintain appoints Michael Hynes as chief executive: Co-managing partner, Eddie Byrne, to leave home builder https://www.irishtimes.com/business/2023/10/30/quintain-appoints-michael-hynes-as-chief-executive/
- Engineering firm Murphy International double profits: Newbridge-based firm shows jump of 124.5% in pre-tax profits on back of healthy portfolio of large State-backed projects. https://www.irishexaminer.com/business/companies/arid-41259571.html
- Turner and Townsend: Soaring demand leads data centre sector to emerging markets https://ipropertyradio.com/data-centre-sector-eyes-key-emerging-markets-to-deliver-on-soaring-demand/
- AWS sparks job opportunities and economic growth through data centre investments: Multinational increasing economic output in Ireland by €11.4bn since 2012 https://www.techcentral.ie/aws-sparks-job-opportunities-and-economic-growth-through-data-centre-investments/
- Hines secures €80m loan for Central Plaza redevelopment: Cheyne Capital loan will refinance an existing loan facility and support fit out works at the Dame Street site https://www.businesspost.ie/news/hines-secures-e80m-loan-for-central-plaza-redevelopment/
- Cairn Homes gets sign off for €240m west Dublin development: No objections to builder’s plans for 607 apartments at Clonburris https://www.irishtimes.com/business/2023/11/01/cairn-homes-gets-sign-off-for-240m-west-dublin-development/
- Cork city land offer at €2.6m is set between two development sites for over 1,000 homes: Strategic location land offer at Ballyvolane suits several uses, primarily residential https://www.irishexaminer.com/property/commercial/arid-41260669.html
- Proposal for 26 new social houses in Clare https://www.ireland-live.ie/news/clare-live/1336197/proposal-for-26-new-social-houses-in-clare.html
- Residential lands in Swords and Lusk seeking €2.5m and €1m: Both holdings are located in close proximity to motorway network offering ready access to Dublin city centre https://www.irishtimes.com/property/commercial-property/2023/11/01/residential-lands-in-swords-and-lusk-seeking-25m-and-1m/
- Onate seals new €50m funding deal with NatWest for Irish loans: The Irish property-focused bridging finance expert is also now sizing opportunities in new markets https://m.independent.ie/business/onate-seals-new-50m-funding-deal-with-natwest-for-irish-loans/a1837975215.html
- The CIOB Republic of Ireland Hub is hosting a Meet the CIOB event at Dublin’s Green Isle Hotel on 16 November https://constructionmanagement.co.uk/meet-ciob-at-dublin-event/
PROPTECH, ESG & CONSTRUCTION INNOVATION
- Proptech Ireland is updating the database of 2023 Irish technology providers for the built environment – From smart design and planning right through to the smart property transaction, where does your Irish-led or Ireland-based proptech or MMC business sit? Pease take five minutes to add or update your details to our internationally-shared listing here: SIGN UP HERE: *https://prop-tech.ie/register/ * and email product or service details to hello@prop-tech.ie
- Proptech Ireland: Ireland’s CONSTRUCTION and REAL ESTATE ESG technologies resource hub. Confused about how and where to start on your ESG journey? Contact us 👉https://prop-tech.ie
- Irish businesses have ‘huge’ difficulty getting venture capital investment: The head of Enterprise Ireland says tech-based and life science-based businesses in particular are struggling to scale up due to a shortage of funding https://www.businesspost.ie/news/irish-businesses-have-huge-difficulty-getting-venture-capital-investment/
- Dalux, the Danish software company behind leading BIM software for the construction and property industries, has just opened its first Irish office in Dublin. https://irishbuildingmagazine.ie/2023/11/03/bim-software-company-dalux-opens-irish-office/
- CIBC Innovation Banking funds Payapps’ expansion in UK and Ireland with £10.5 million deal as it buys WebContractor, expanding its cloud-based construction software services in the UK and Ireland https://tech.eu/2023/10/31/cibc-innovation-banking-payapps-webcontractor-acquisition/
- Partnership launches first report in digital technology directory series https://www.construction-europe.com/news/partnership-launches-first-report-in-digital-technology-directory-series/8032632.article
- These UK VCs are the best at spotting unicorns: The ranking measures investors based on the number of unicorns and ‘future unicorns’ they’ve backed https://sifted.eu/articles/these-uk-vcs-are-the-best-at-spotting-unicorns/
- Assistant for Construction – A new construction AI product from Slate pulls construction insights out of the project schedule, joining SmartPM and others. https://www.forconstructionpros.com/construction-technology/project-management/article/22877819/slate-ai-launches-digital-assistant-for-construction
- The true cost of the construction supply chain https://www.pbctoday.co.uk/news/planning-construction-news/the-true-cost-of-the-construction-supply-chain/134109/
- Stripe’s Collison brothers invest in smart home-cleaning robot: Stripe founders join other notable tech founders in backing US start-up Matic in $29.6 million raise https://www.businesspost.ie/news/stripes-collison-brothers-invest-in-smart-home-cleaning-robot/
ENERGY, CLIMATE & ENVIRONMENT
- Construction works have commenced on the Celtic Interconnector that will link Ireland and France. The project is being developed by the Irish transmission system operator (TSO) EirGrid and its French counterpart Réseau de Transport d’Electricité (RTE). https://www.offshore-energy.biz/construction-begins-on-ireland-france-interconnector/
- Energy-efficient homes are selling for €88,000 more https://m.independent.ie/irish-news/energy-efficient-homes-are-selling-for-88000-more/a80934637.html
- UrbanVolt CEO gets his moment in the sun: Kevin Maughan tells how he re-evaluated his life and realised he wanted to use business as a force for good https://m.independent.ie/business/urbanvolt-ceo-gets-his-moment-in-the-sun/a1861437309.html
- Environmentalists are the key to flood management: The state is wrong to blame ‘climate zealots’ for delays in construction of flood defence schemes, and should instead be looking to nature-based solutions https://www.businesspost.ie/analysis-opinion/elaine-byrne-environmentalists-are-the-key-to-flood-management/
RESIDENTIAL PROPERTY NEWS (including PRS)
- Property market spooked by interest rate and supply worries https://www.rte.ie/news/business/2023/1031/1413759-property-market-spooked-by-interest-rate-worries/
- Property prices in urban zones falling, report finds: Geowox’s quarterly Irish housing market report focuses on sales not asking prices https://www.irishtimes.com/business/2023/11/04/property-prices-in-urban-zones-falling-report-finds/
- 4,500 termination notices issued by landlords in Q3 – RTB https://www.rte.ie/news/ireland/2023/1102/1414317-landlord-terminations/
- Homeless risk grows as landlords continue to sell up https://www.corkindependent.com/2023/11/01/homeless-risk-grows-as-landlords-continue-to-sell-up/
- The International Monetary Fund (IMF) believes the Government should scrap rent caps to increase the number of properties in the rental market. https://extra.ie/2023/11/04/news/scrap-rent-caps-increase-rental-properties
- Threshold calls for NCT-style inspections of rental properties over concerns about poor standards: Threshold’s Q3 Impact report said that 7% of overall queries last quarter related to accommodation standards, up from 4.5% in the previous quarter. https://www.thejournal.ie/threshold-nct-style-system-of-inspection-for-rental-properties-6211078-Oct2023/
- Revenue remind homeowners about paying new vacant homes tax and property tax: Approximately 800,000 homeowners are being reminded to pay their Local Property Tax. https://www.thejournal.ie/revenue-vacant-homes-tax-6214201-Nov2023/
- Housing minister to meet European Commission next month over delays in Airbnb crackdown: The plan to bring 12,000 short-term let properties back into long-term use is delayed due a decision by the EU Commission. https://www.thejournal.ie/housing-minister-eu-commission-airbnb-6214910-Nov2023/
- Five people a month refuse social houses in Kilkenny https://www.ireland-live.ie/news/kilkenny-live/1340470/five-people-a-month-refuse-social-houses-in-kilkenny.html
- Neighbours’ row over ‘large unauthorised structure’ at period house referred to An Bord Pleanála https://www.irishtimes.com/ireland/housing-planning/2023/10/30/neighbours-row-over-large-unauthorised-structure-at-period-house-referred-to-an-bord-pleanala/\
- House of the week: Gorgeous Edwardian Wicklow home offers comfort and character – Someone else has done all of the upgrading on Overdene in Wicklow town, so all you have to do is unpack https://www.businesspost.ie/article/house-of-the-week-gorgeous-edwardian-wicklow-home-offers-comfort-and-character/
- Jet-in and sail-in millionaire buyers putting the sales in super-hot spot Kinsale: One US buyer arriving in by private jet gazumped a €1.85m deal, topping up a killer bid by over €1 million extra for his €3m purchase https://www.irishexaminer.com/property/residential/arid-41261392.html
- Church for sale in Kilkenny with asking price of just €25k! https://www.kilkennypeople.ie/news/property/1337500/church-for-sale-in-kilkenny-with-asking-price-of-just-25k.html
- See inside Cheap Irish Homes presenter Maggie Molloy’s spacious Tipperary farmhouse:The TV presenter is used to showing potential homeowners the brilliant bargains the Irish property market has to offer, and now has told of how she came to buy her own home https://www.rsvplive.ie/life/gallery/see-inside-cheap-irish-homes-31338262
COMMERCIAL PROPERTY NEWS
- Value of Irish commercial office properties plunge to their lowest level in over a decade: New figures from MSCI show the average value of office buildings in Ireland have fallen to their lowest level since 2013 https://www.businesspost.ie/news/value-of-irish-commercial-office-properties-plunge-to-their-lowest-level-in-over-a-decade/
- Flow of Dublin office deals slows to a trickle as higher interest rates take hold: Latest research from MSCI shows prices and valuations down 19% from post-financial crisis peak so far https://www.irishtimes.com/property/commercial-property/2023/11/01/flow-of-dublin-office-deals-slows-to-a-trickle-as-higher-interest-rates-take-hold/
- WeWork, one of Dublin’s biggest office tenants, plans to file for bankruptcy, according to US reports: Coworking group has struggled with a massive debt pile and hefty losses https://www.irishtimes.com/property/commercial-property/2023/11/01/wework-plans-to-file-for-bankruptcy-according-to-us-reports/ Also: Analysis: Why the ceiling fell in on WeWork’s Irish plans – The flexible office provider has secured space in some top developments but an expected US bankruptcy filing could close the door on its operations here https://www.businesspost.ie/news-focus/analysis-why-the-ceiling-fell-in-on-weworks-irish-plans/
- €350m Deal: Dean Hotel Group, with hotels in Dublin, Cork, Galway and Athlone, is to sell a majority stake in the business to a legendary US investment firm and a UK hospitality specialist, as it expands into Belfast and Birmingham https://thecurrency.news/articles/132516/dean-hotel-group-sells-majority-stake-to-legendary-investment-firm-in-e350m-landmark-deal/
- Abbey Capital acquires former Hibernian Club for new headquarters: Leading investment manager revealed as €16m purchaser of landmark building at 8 St Stephen’s Green https://www.irishtimes.com/property/commercial-property/2023/11/01/abbey-capital-acquires-former-hibernian-club-for-new-headquarters/
- Attestor seeks over €1m for Lagoona in Mayor Square https://m.independent.ie/business/commercial-property/attestor-seeks-over-1m-for-lagoona-in-mayor-square/a1503483571.html
- Industrial logistic rents continue to grow https://m.independent.ie/business/commercial-property/industrial-logistic-rents-continue-to-grow/a633605817.html
- Multi-storey logistics buildings could be the next thing for Ireland https://m.independent.ie/business/commercial-property/paul-mcneive-multi-storey-logistics-buildings-could-be-the-next-thing-for-ireland/a837425652.html
- Bar and restaurant opportunity in Dublin’s IFSC for €1m: Property occupies excellent position at Mayor Street Luas stop and opposite entrance to National College of Ireland campus https://www.irishtimes.com/property/commercial-property/2023/11/01/bar-and-restaurant-opportunity-in-dublins-ifsc-for-1m/
- Fresh legal disputes over ownership of Dublin 4 ’boutique’ hotel https://www.breakingnews.ie/business/fresh-legal-disputes-over-ownership-of-dublin-4-boutique-hotel-1547462.html
- Iconic retail property comes to market in Kilkenny https://www.ireland-live.ie/story-telling/kilkenny-live/1337479/iconic-retail-property-comes-to-market-in-kilkenny-see-details.html
INTERNATIONAL PROPERTY NEWS
- Prices falling in most local housing markets in UK, Zoopla finds https://www.ireland-live.ie/news/personal-finance/1335271/prices-falling-in-most-local-housing-markets-in-uk-zoopla-finds.html Also: House prices jump amid constrained supply – Nationwide’s latest data on house prices shows buyers are still willing to pay up for homes due to a lack of supply in the market. https://moneyweek.com/investments/property/house-prices/nationwide-house-prices-jump-amid-constrained-supply
FACEBOOK GROUP FOR IRISH PROPERTY BUYERS & INVESTORS
Crowd-sourcing answers topical property questions:
As many of you might know, my annual property book The Irish Property Buyers’ Handbook (since 2011) was rebranded in 2018 and now appears as part of The Property Insider series, published by Oak Tree Press, the first three titles are now published and available here: https://www.amazon.com/Carol-Tallon/
From 2020, the publishers and I wanted to ensure the content remains topical and we are now doing this by crowd-sourcing home buyer and investor queries, with crowd-sourced and editorial team answers.
Join the Facebook Group here to contribute: https://www.facebook.com/groups/IrishPropertyBuyers/