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» Chronological View: " Ireland " «

Savills bolsters its serviced office brokerage division

Workthere.ie, the flexible, co-working and serviced office brokerage service and website listing platform, has announced the appointment of Carolina Lees. Her role in the team as an office space consultant, will be to liaise with clients on their office requirements and drive further business.
Thursday, 23. January 2020

Commerz Real purchases Dublin resi complex for Europe special fund

Commerz Real has completed the second investment for its “Commerz Real Institutional Smart Living Europe Fund” within a short space of time following an earlier purchase in Frankfurt #link(53353)#. It has now acquired the residential student complex “Swuite Grangegorman” in Dublin with 128 beds on approx. 4,000 square metres ...
Friday, 17. January 2020

IPUT pre-lets 430,000 sq ft at Two to Four Wilton Park to Linkedin

IPUT has pre-let the remaining 430,000 sq. ft. of office space at Wilton Park on a 25-year lease, with a term certain of 12 years, to Linkedin. Construction at Two, Three & Four Wilton Park will commence in 2020 and is targeted for completion in 2023.
Friday, 10. January 2020

More than 300,000 sqm of offices leased in Dublin during 2019

CBRE Ireland have today released figures for the volume of office leasing activity recorded in Dublin during 2019. According to the property consultants, almost 110,000 m² of office leasing transactions were signed in the Dublin market during the last quarter of 2019, bringing total office take-up in 2019 to an impressive 302...
Wednesday, 8. January 2020

€103m of transactions bring M7’s EREIP V to full investment

M7 Real Estate has fully invested its fifth value add European investment fund, M7 European Real Estate Investment Partners V (M7 EREIP V) having raised a total of €83.2 million of equity following a final close in June 2019.
Wednesday, 8. January 2020

Record €7.2bn invested in Ireland property in 2019

Property consultants CBRE Ireland have today released figures for the volume and value of investment transactions in the Irish commercial property market in 2019. According to the property consultants, total spend in the Irish investment market exceeded €7.2 billion in 2019 - a new record for the Irish market, boosted in no s...
Tuesday, 7. January 2020

DTZ Investors complete largest ever single-asset logistics transaction in Ireland

DTZ Investors has acquired Tesco’s Irish Distribution Centre in Dublin on behalf of KTB Investment & Securities and KTB Asset Management, in the largest ever single-asset logistics transaction in Ireland. The 788,000 sq ft warehouse (c. 73,208 m²) is a purpose-built facility and benefits from a lease guaranteed by Tesco PLC u...
Thursday, 2. January 2020

M7 acquires industrial estate in Dublin for €6.75 million

M7 Real Estate has acquired Primeside Park in Ballycoolin, Dublin 15 for €6.75 million, on behalf of M7 European Real Estate Investment Partners V (“M7 EREIP V”), from a private investor in an off-market transaction. The price reflects an initial yield of close to 7% and a capital value of €95 per sq ft.
Thursday, 2. January 2020

IPUT acquires 3 Dublin Landings off-market for €115m

IPUT has completed the acquisition of 3 Dublin Landings on Dublin’s North Quays from Ballymore/Oxley for €115m in an off-market transaction. Following the transaction, IPUT’s Dublin office portfolio will be 2.1 million ft² with an additional 240,000ft² currently under construction, including the Wilton Park and Tropical Fruit...
Monday, 16. December 2019

Real I.S. acquires Herbert Hill apartment scheme in Dublin

Real I.S. AG has acquired the Herbert Hill apartment scheme in Dublin from the developer Glenveagh Properties PLC. The 8,000-m² Herbert Hill development on Sandyford Road comprises 90 apartments and will be integrated into the portfolio of the Real I.S. GREF real estate special AIF, which invests under the individual mandate ...
Wednesday, 11. December 2019

Hammerson gets green light for Dundrum Town Centre apartments

Hammerson, on behalf of the Dundrum Partnership, has received planning approval for 107 new apartments at Dundrum Town Centre in South County Dublin. The building will mark Hammerson’s first move into residential development in Ireland and is part of its new City Quarters concept, which creates vibrant mixed-use neighbourhood...
Monday, 9. December 2019

Long Harbour unveils €400m Euro Secured Income 1 Fund

Long Harbour has launched its European Ground Lease Fund, a new vehicle that will invest in ground leases on residential and commercial real estate assets across Europe. The Long Harbour Euro Secured Income 1 Fund (“LHESIF 1”) will be managed by Richard Silva.
Tuesday, 3. December 2019

Alpha Capital launches European Long Income Fund

Alpha Real Capital LLP today announces the launch of the European Long Income Fund. The fund will target Euro denominated, asset backed, secure inflation-linked income streams by investing in commercial ground rents, amortising income strips and long lease property (e.g. sale and leasebacks). The fund’s primary focus on grou...
Monday, 25. November 2019

Savills Ireland expands planning team with Sarah Cullen

Savills Ireland has expanded its planning team with the appointment of Sarah Cullen as a planning advisor. Originally from Armagh, Cullen studied planning to undergraduate and masters level at Queens University in Belfast. She has experience operating in the Republic of Ireland and Northern Ireland planning systems, including...
Monday, 25. November 2019

Park Hotels sells Conrad Dublin for $128m

Park Hotels & Resorts and its joint venture partners have closed on the sale of their interests in the company that owns the 192-room Conrad Dublin located in Dublin for gross proceeds of €116.4 million, before customary closing adjustments and debt repayment. The gross proceeds equate to approximately $128 million, or $667,0...
Friday, 15. November 2019

Kennedy Wilson launches Coopers Cross Dublin Campus

Kennedy Wilson has launched its newest Dublin campus development, Coopers Cross. The name embraces the maritime heritage of the area, paying tribute to the historical barrel makers, known as Coopers, and the very significant trade that took place along the adjacent railway lines. The campus’ statement is “Smart City Smart Spa...
Friday, 15. November 2019