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M7 Real Estate has signed a new 15-year lease with Sixt Car Rentals for c. 17,000 sq ft of newly refurbished space at B2 Airport Business Park in Santry, North Dublin. The car rental company, which is popular with tourists, adds to M7's list of occupiers within its growing Irish portfolio following a competitive bidding process.
As the demand for bespoke business workspace solutions across Belfast city continues to grow, serviced office provider, venYou has officially opened its newest location, Thomas House, following an extensive and complete refurbishment.
Arrow Capital Partners has acquired an 88,000 sq ft logistics asset in Dublin for €7.5 million. The acquisition was made for Arrow‘s €3 billion SIRE (Strategic Industrial Real Estate) joint venture with Cerberus. The asset comprises two interconnecting units of 41,348 sq ft and 46,621 sq ft. Both units are let on a long-term ...
The latest research from JLL Ireland, tracking Dublin's office market in Q1 2024, shows that there have been low levels of leasing activity in the opening quarter, with 196,000 sq. ft across 31 deals. The volume of space is down 44% on the previous quarter and 63% below the five-year quarterly average. Additionally, the avera...
Archer Hotel Capital has completed the acquisition of the Shelbourne Hotel, located in Dublin’s city centre from Kennedy Wilson. The Dutch investment firm also owns the Conrad Hotel.
León Murray has joined CBRE Ireland as lead of our Planning division. CBRE’s Peter Garrigan, Head of Development Land said the appointment came at a pivotal time in the market.
Chancerygate has opened an office in Dublin and appointed a development director for Ireland as the urban logistics property developer and asset manager continues its European expansion. Ed Dobbs joins from Hammerson where he was most recently development director for its Irish business.
Investment volumes in Northern Ireland exceeded £334.0 million in 2023, which was the highest annual turnover since 2017 and well above the five-year average of £262.0 million, according to a new report from property advisor, Savills Northern Ireland.
Nuveen Real Estate and Eagle Street Partners have started works above ground on the site of its landmark build to rent development at Castleforbes Business Park in Dublin’s North Docklands.
Savills has announced the following promotions within its Europe and Middle East business, which took effect from 1 March 2024. The promotions will see 14 people moving up to director level, one to divisional director and 33 to associate director level.
Workthere has published its flexible office market data for 2023, which reveals an overwhelming 72% of take-up was concentrated in Dublin 2 last year. This data further highlights the central business district's unparalleled attraction for businesses in search of flexible office solutions.
The news that Verizon has secured a lease for the 84,334 sq ft 1BQ office building in Limerick, is another vote of confidence in a city that continues to attract the world's premier companies. Verizon Communications Inc. have signed a 15 year lease at 1BQ for what will be its newest Centre of Excellence.
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.