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Industry remains positive despite political uncertainty – MIPIM 2017

MIPIM 2017 – Real estate industry has remained positive, recognising the long-term importance of globalisation, diversification and the key megatrends shaping society.

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Returns on Irish Commercial Property Increase 12.4% in 2016

The market picked up across all property types in Q4 following a lull in Q3, with industrial leading the way with a total return of 4.6% on quarter bringing annual returns to 19.3% year-on-year.

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More than €20m to be spent on next phase of Galway’s Gateway Shopping Park

The pent up demand for spacious new stores in Galway is finally to trigger a further round of construction activity.

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Dublin’s Ilac Centre’s €1.5m revamp to be complete by this summer

Hammerson and Irish Life have started the works – which will see the creation of five new units – at the well known shopping centre. The centre is adjacent to Henry Street, Ireland’s busiest shopping street and is home to 85 retail and catering units, including H&M, River Island, and Argos. New brands introduced to […]

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Paddy Power premises could be a good bet with 8.40% return

Bannon is selling for €950,000 what it describes as a “nice compact Paddy Power investment” in the centre of Shankill Village in south Co Dublin.

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Commercial Property Investment Returns Moderate in Q3

The latest SCSI/IPD Ireland Quarterly Property Index release shows investment returns from Irish commercial property to have moderated somewhat following a period of extremely strong growth which began in early 2014.

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Charlesland Neighbourhood Centre for sale at €4.9m

A neighbourhood centre is the fast-growing commuter town of Greystones is on the market at €4.9 million through agent Bannon.

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Site at rear of Jervis Shopping Centre for sale at €1.9m

Cian McMorrow of Bannon is guiding €1.9m for the 0.12 of an acre (0.05 of a hectare) with 14m of frontage on to Abbey Street, close to the Jervis Luas stop.

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Thurles infill site for €100k

A development site located in the centre of Thurles town is being brought to the market by joint agents Bannon and Quirke.

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Debenhams emerges as preferred bidder for its own business

Debenhams has emerged as the preferred bidder for its own business in Ireland, seeing off competition from UK billionaire Mike Ashley.