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At a Glance: Investment Market Q4 2019

The strongest ever quarter for the Irish investment Market with total turnover for Q4 2019 reaching a staggering €3.76bn and total turnover for the 12 months of the year in excess of €7bn. To put the quarter in context it is higher than the entire annual turnover of the last cycle peak in 2006 of €3bn+ and […]

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Top 10 commercial property megadeals in 2019

When the total volume of investment in Ireland’s commercial property market hit a record €4.6 billion in 2014, any expectations of that figure being surpassed anytime soon were few and far between. Just five years on, however, the consensus within the industry is that a new benchmark of around €5 billion will be set. While […]

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Over 300,000 jobs linked to Foreign Direct Investment in Ireland in 2017

Foreign Direct Investment in Ireland 2017, a thematic publication exploring the impact of FDI and globalisation, shows over 300,000 jobs are directly linked to foreign investment into Ireland. Despite a decrease of €54bn in the stock of Foreign Direct Investment into Ireland between 2016 and 2017, at €744bn (253% of GDP) investment still remains high […]

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Irish Life in bid to grow retail business to €10bn

Insurance giant Irish Life intends to double the size of its retail investment business over the next five years to €10bn. It also plans to acquire a number of residential developments, investing “hundreds of millions” in residential properties. Irish Life acquired the sought-after Fernbank development in Dundrum, south Dublin, last year for €100m. In an […]

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Prime pitch on Cork’s premier shopping street for €6.6m plus

Agent Bannon is seeking offers in excess of €6.6 million for a landmark building on Cork city’s most sought-after thoroughfare, St Patrick’s Street. No 113-115 St Patrick’s Street has been occupied by the well-known bookseller and stationer, Eason & Son, for more than 33 years. The company is taking a new 25-year lease of the […]

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South docklands office block makes €6.9m profit in 14 months

Hibernia Reit has sold a south docklands office block for €6.9 million more than it paid for it 14 months ago. The sale, in which Bannon acted for the vendor and Knight Frank for the purchaser, is to a German pension fund which has secured an initial yield of 4.65%. This off-market transaction underlines the […]

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Eason building in the heart of Galway for sale at €8m

One of the best shops in Galway city centre is on the market for more than €8 million through agent Bannon. It is being sold on a sale-and-leaseback basis by books and stationary retailer Eason, which has occupied the building at 33 Shop Street for the past 30 years. Eason is to take a 25-year […]

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Georgian on Stephen’s Green guiding €4.25m

A Georgian building with a seven-day publican’s licence and a restaurant near the top of Dublin’s Grafton Street is expected to attract considerable interest when it goes on sale at a guide price of €4.25 million. The building at 10 St Stephen’s Green will be available with full vacant possession from early next year. Daniel […]