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Allianz to invest €140m in Irish property market

Allianz Real Estate, the international real estate division of Allianz Group with €30bn in assets under management, has committed to invest €140m in IPUT, the largest unlisted debt-free property fund in Ireland.

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E-day is Today

Today is E-day, the date from which central Government, local authorities and State agencies stop issuing and accepting cheques from businesses.

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Construction tender prices increase

The Tender Indices for the second half of 2014, produced by the SCSI, show construction tender rates continue to rise steadily in 2014, up 4.4% from this time last year. Construction tender prices increased by 2% since the beginning of 2014.

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New type of loan for small businesses

The network of Local Enterprise Offices (LEOs) has joined forces with Microfinance Ireland (MFI) and launched a new type of loan support aimed at Ireland’s small business community called ‘LEO Microfinance’.

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Eircom plans transfer to Jersey

Eircom has announced plans to transfer the assets and liabilities of its main operating company to a new entity incorporated in Jersey. Last April, Eircom announced it was undertaking a formal review, advised by Goldman Sachs, Rothschild and Morgan Stanley, of its future “strategic options”, including a possible flotation that could value it at between €2.5 – €3 billion.