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KGAL Core 5 Life has acquired a portfolio in Lucan, County Dublin, consisting of three residential buildings with 104 units. The properties, which were built between 2020 and 2022, have a total lettable area of 8,882 square metres. The attractive purchase price multiplier of the off-market deal appropriately reflects the curr...
Iput Real Estate has obtained planning permission to deliver an additional 12 units, extending to 1.7 million sq. ft. at Nexus Logistics Park. Planning for an initial 800,000 sq. ft. (five units) was granted in 2023.
Hilton signed an agreement for Home2 Suites by Hilton Dublin City Centre, signalling the brand’s debut in Western Europe, as part of a franchise agreement with JMK Group.
2023 take-up across the Dublin industrial and logistics property market came to just under 3.3 million sq ft, representing a 10% rise on the previous year and 11% ahead of the 10-year average, according to new research from Savills Ireland.
CBRE Ireland today released a report detailing the recent performance of Dublin's flexible (serviced) office market. Despite softer sentiment within the office market generally, the serviced/flexible office sector in Dublin is bucking this trend and achieving strong take-up, rents, and lower levels of vacancy. As part of the ...
Hotels Properties has acquired the newly developed Wellington Hotel in Dublin’s Temple Bar for €10 million – a massive price drop from the €18million price tag it first went to market with.
La Française Real Estate Managers (REM) has finalized the off-market acquisition, from Spear Street Capital, of a primary care unit in Cherrywood, the largest single urban development in Ireland, located in South Dublin.
European commercial real estate investment tumbled last year to the lowest level since 2012. High interest rates and lacklustre economic growth preserved a wide disparity in pricing expectations of buyers and sellers, depressing transaction activity, according to the latest Europe Capital Trends report from MSCI Real Assets.
IHG Hotels & Resorts signs nine agreements across five brands in UK and Ireland – totalling more than 1,000 new rooms – as its rapid growth in all market segments continues.
A new market report by property advisor, Savills Ireland, highlights the trends and dynamics of Ireland's development land market. 2023 saw a reduction in activity as €515 million worth of land transacted, of which, 62% was traded in the final quarter of the year.
On behalf of the European Residential Growth Fonds (ERGF), DWS Group has bought the Belcamp Manor homes in Dublin, which originally aimed at individual buyers. The 46 homes were acquired from developer Greg Kavanagh for €24.5 million.
Europa in partnership with its local partners Core Capital and Oakmount has signed global sports retailer, Decathlon, in a major new letting for Clerys Quarter, one of Dublin's most iconic new mixed-use developments.
During the fourth quarter of 2023, 10 projects from Aedifica’s investment programme were completed in Germany, the Netherlands, the United Kingdom, Finland and Ireland for a total amount of approx. €97 million.
Irish hotel transactions declined in 2023 largely due to fewer Dublin sales and no Dublin investment activity, according to property advisor, Savills Ireland. The total hotel transaction volume for 2023 was €350m – 30% below the historical average.
Victoria Square has signed over ten national and international brands in the past 12 months, totalling more than 40,000 sq ft. Rituals is the latest brand to launch its 3,530 sq ft upsized location, creating the brand’s largest UK store.
Chemist Warehouseopens its 9th Irish store, located in Westend Shopping Park, Blanchardstown, Dublin. This new milestone, set for this week, follows the successful launch of their first Irish store in the same shopping park in October 2020.
Despite the global economic challenges faced in 2023, Northern Ireland‘s investment market has demonstrated remarkable resilience, according to property advisor, Savills Northern Ireland.