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Ireland

Bumper year for Dublin industrial and logistics market

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.
Thursday, 15. February 2024

Higher demand for serviced offices in Dublin

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 ...
Wednesday, 14. February 2024

Hotels Properties buys newly developed Wellington Hotel

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.
Tuesday, 13. February 2024

La Française REM acquires primary care unit in Cherrywood

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.
Thursday, 1. February 2024

European transactions falls to 11-year low in Q1 2023

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.
Thursday, 1. February 2024

IHG signs over 1,000 new rooms in UK & Ireland

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.
Wednesday, 31. January 2024

Residential development lands lead the way in Ireland

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.
Monday, 29. January 2024

DWS snaps up Dublin homes originally aimed at individual buyers

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.
Friday, 19. January 2024

Decathlon signs in Clerys Quarter for 30 years

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.
Friday, 19. January 2024

Aedifica completes 10 projects in Q4 2023

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.
Wednesday, 17. January 2024

2023 Ireland hotel market transactions declined

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.
Tuesday, 9. January 2024

Rituals debuts its latest concept at Victoria Square

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.
Wednesday, 13. December 2023

Chemist Warehouse opens 9th store in Ireland

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.
Friday, 8. December 2023

Dublin's industrial space take-up soars 11%

Dublin's industrial and logistics property sector experienced significant growth in Q3, as sustained demand pushed take-up to 690,000 sq ft across 22 deals, reports property advisor, Savills Ireland, in its latest market report. This robust activity places the year-to-date take-up at 2.3m sq ft, marking an 11% increase compar...
Thursday, 2. November 2023