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Depfa Bank and Apex Fund Services to let new Irish Life block

Irish Life has found tenants for a newly developed office block at the Irish Life Centre on Lower Abbey Street, Dublin 1. Depfa Bank, formerly based in the nearby IFSC, has completed contacts to lease 1,856 sq.m (20,000 sq.ft) on the third and fourth floors of Block 5 at a rent of €484 per sq.m (€45/sq.ft). The […]

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Walkers to lease Exchange penthouse in IFSC

The international law firm Walkers will double its Dublin office space when the firm moves shortly to The Exchange at the International Financial Services Centre. Walkers will occupy 1,781 sq.m (19,178 sq.ft) on the penthouse floor of the five-storey building, which has an overall capacity of 9,986 sq.m (107,500 sq.ft). Walkers will pay a rent of €538 per sq.m (€50/sq.ft) […]

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Makeover of Hibernian Way continues with new Italian restaurant

An Italian-themed restaurant is to open at the redeveloped Royal Hibernian Way just off Grafton Street in Dublin 2. It is Friends First’s most significant letting at the scheme since taking full control of the property and securing planning permission to amalgamate a number of the retail units to restaurants. The new restaurant will be in a 362 […]

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High street or online, retail needs the perfect pitch

Retailing has been making the headlines here with concerns over sales growth and possible rent increases at some shopping centres. However, retail sales growth has been steady, and prime rents are stable, so what is the big issue that is behind the unease? The answer is, of course, the accelerating shift into online retailing, and […]

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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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Retail sector in recovery as sales growth stabilises

Despite retail sales statistics showing a sluggish performance, estate agents report increased activity by retailers.

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Fallon & Byrne to open branch in Swan Rathmines

Fallon and Byrne’s new outlet in the Swan shopping centre in Rathmines will be based in a south-facing contemporary extension complete with an outdoor terrace.

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Health food retailer GNC rents premises on Henry Street

Shop is one of four adjoining outlets along with another premises in GPO Arcade bought by Irish Life. Daniel McLaughlin of Bannon handled the lease.

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DAA business park acquires ESB International as early tenant

The Dublin Airport Authority (DAA) has had early success with its new business park beside the airport with the completion of legal contracts to lease the former Aer Lingus headquarters to ESB International.

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Bannon secures new tenant for Woodford BP

Bannon has secured a new tenant for a modern warehouse unit extending to 9,450 sq.ft at Unit 6.2 Woodford Business Park, Santry. Hella Group, the global car parts manufacturer, has agreed a letting of Unit 6.2 to cater for expanded product lines in the Irish market and to secure the company’s future growth.