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» Chronological View: " Ireland " «

Equiem enters Ireland at The Campus in Cherrywood

Global property technology and services company, Equiem, has expanded its international footprint into Ireland, by launching its tenant engagement platform at The Campus in Cherrywood, Dublin.
Thursday, 18. October 2018

Aviva Irish Property Fund acquires 49-Unit Aparthotel in Dublin

JLL Hotels & Hospitality Group and CBRE Hotels to confirm that the 49-unit Premier Suites Plus Dublin Ballsbridge aparthotel has been acquired by the Aviva Irish Property Fund and has been leased back to its previous owners, PREM Group, on a 35-year lease at a 5.0% Net Initial Yield. PREM Group, who sold the property to the A...
Tuesday, 9. October 2018

12 hotel sales completed in Ireland

CBRE Ireland have released figures for the volume and value of hotels traded in the Irish market in the first nine months of 2018, which shows that 12 transactions totalling almost €263 million between them signed in the nine months to the end of September. In addition, there was a hotel investment sale totalling €17.5 millio...
Tuesday, 9. October 2018

105 development land sales completed in the Irish market

CBRE Ireland today released figures for the volume and value of development land traded (both on and off-market) in the Irish market in the first nine months of 2018, which shows that 105 transactions totalling almost €940 million signed in the nine months to the end of September. This is considerably more than the €748 milli...
Tuesday, 9. October 2018

Tristan fund enters forward purchase agreement to acquire 372 rental units in Dublin

A fund advised by Tristan Capital Partners has entered into a forward purchase agreement to acquire 372 private rental sector (PRS) apartments to be developed in the Clongriffin area of North Dublin from Twinlite. The units are spread over three blocks, which also benefit from 408 parking spaces and modern tenant facilities.
Tuesday, 9. October 2018

Dublin Office Market On Target for Another Bumper Year in 2018

CBRE Ireland have today released figures for the volume of office lettings signed in Dublin during the first nine months of 2018, which shows that the market is on target for another strong year, after 2017 beat all previous records. According to CBRE Ireland, more than 56,000m2 of office lettings in 80 individual transaction...
Monday, 8. October 2018

Europa Capital acquires the landmark Clerys building in Dublin

Europa Capital has agreed to purchase Dublin’s Clerys building, with local partners and shareholders, Core Capital and Oakmount. It is intended that the former department store will be transformed into a major new retail, restaurant and office destination in the heart of the city of Dublin. Located on O’Connell Street, this i...
Friday, 5. October 2018

Kennedy Wilson and partners acquire €113 million mixed-use development site

Kennedy Wilson, alongside its joint venture partners, AXA Investment Managers – Real Assets and Cain International, have acquired one of the last remaining mixed-use development sites in Dublin’s North Docks. City Block 3 (CB3) totals 5.9 acres and will include the development of PRS (private rented sector) and office accommo...
Friday, 5. October 2018

Jellia Holdings sells three primary care centres to Primary Health Properties

Jellia Holdings has sold three modern, purpose built primary care centres to Primary Health Properties PLC (PHP). Advised by Dillon Eustace, the seller structured the deal as a sale of the entire issued share capital in the property holding company. The three primary care centres are located at Navan Road in Dublin, and in Ne...
Monday, 24. September 2018

UTV’s Havelock House sold to Olympian Homes

Havelock House, the former headquarters of UTV, Northern Ireland’s largest commercial television broadcaster for almost 60 years, has been acquired by UK development firm, Olympian Homes. The sale was handled by Savills Northern Ireland.
Friday, 21. September 2018

Belfast’s prestigious sold for 'well in excess' of £21m

The highly prominent Metro Building, 70,000 sq. ft. of Grade A office space located on Donegall Square South has been purchased by a Private Property Trust. The asset was sold by Lisney and Osborne King. The property sold well in excess of its £21m (c. €23.6) asking price.
Monday, 17. September 2018

McAvoy to build Clanmil Housing Association offsite scheme

The McAvoy Group has been awarded its first contract in the residential sector following the announcement of its expansion into offsite housing. The £4.7m (c. €5.3m) contract for Clanmil Housing Association will be the first offsite housing scheme to be built in Northern Ireland. The use of the McAvoy offsite housing solution...
Wednesday, 12. September 2018

Busy autumn season anticipated for the Irish commercial property market

CBRE released their latest bi-monthly report focusing on the latest trends and transactions in all sectors of the Irish commercial property market. According to Marie Hunt, Executive Director & Head of Research at CBRE Ireland, “Following the traditional ‘pause for breath’ during the Summer months, the Irish commercial proper...
Monday, 3. September 2018

Demand from “Big Tech” underpins strong office market in Dublin

The amount of office construction in Dublin is at levels seen in the last property boom, but there is still little evidence of overcapacity in the market, according to HWBC’s H1 2018 Dublin Office Market Review published today. HWBC reports that over 4m sq. ft. of office space is under construction in Dublin but that with dem...
Friday, 31. August 2018

M7 sells Fumbally Lane office complex in Dublin to BCP for €33.5

M7 Real Estate has sold an office complex on Fumbally Lane, Dublin, on behalf of M7 European Real Estate Investment Partners IV, to BCP Fund Management DAC for a total of €33.5 million, a capital value per square foot of €403 and a reversionary yield of 8.5% on today’s ERV.
Wednesday, 29. August 2018

Crosslane Student Developments acquires student accommodation development in Dublin

Crosslane Student Developments has acquired a 0.5 acre (0.2 ha) site in Stoneybatter, Dublin, with existing planning consent to develop a 99 bed purpose-built student accommodation (PBSA) scheme. The site is the company’s second PBSA scheme in the country, following the acquisition and development of Carman’s Hall, Dublin, a ...
Wednesday, 22. August 2018

Round Hill Capital appoints John Vaudin as Managing Director, Ireland

Round Hill Capital have appointed John Vaudin as Managing Director, Ireland. Vaudin will lead the expansion of Round Hill Capital’s business in the country with responsibility for spearheading the group’s investment, development and operational strategy, helping to deliver on the group’s ambitions across Ireland. Vaudin is a ...
Wednesday, 15. August 2018

CBRE to provide facilities managements services for The Digital Hub's enterprise campus

The Digital Hub has selected CBRE to provide outsourced integrated facility management services throughout its extensive campus site located in The Liberties area of Dublin 8. Following a competitive public tendering process (across the EU), the contract was awarded to CBRE Global Workplace Solutions. The appointment of CBRE...
Tuesday, 14. August 2018