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Quanta Capital acquires St Stephen’s Green Georgian for €4m

Real estate investor Mel Sutcliffe of Quanta Capital has acquired No 10 St Stephen’s Green for around €4 million. Located immediately adjacent to the historic Hibernian Club and dating from the 19th century, the high-profile Georgian building extends to 465 sq.m (5,000 sq.ft) over four floors and was formerly the home, in part, to the […]

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Slack lease the lure as ESB seeks €168m for Fitzwilliam 28

The combination of Dublin’s status as a location to deploy international capital and its standing as the city favoured by global tech giants for their European headquarters is expected to spur significant interest from European and international investors in the sale of Fitzwilliam 28. Located on Fitzwilliam Street and at the heart of the traditional […]

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Davy upgrades GDP growth forecast for 2020 to 5.5%

Stockbrokers Davy have revised upwards their GDP growth forecast for 2020 to 5.5% from 4.1% previously. Davy said the upgrade came on the back of strong foreign direct investment, expansion in the multinational sector and an exceptional export performance. The new forecasts puts Davy well above official projections including the Central Bank’s estimate of 4.3% […]

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Construction grows again in Republic after three-month slowdown

Construction began growing again in December following a three-month slowdown in the Republic, the latest figures show. Ulster Bank’s construction purchasing managers’ index (PMI) shows that activity in commercial development and housebuilding increased last month, while work on public projects continued falling but at a slower pace than previously. The pick-up in two of the […]

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At a Glance: Office Market 2019 in Review

With 3 transactions in excess of 100,000 sq. ft. take-up reached an impressive 1.2m sq. ft. in Q4. This brings the year-end total to 3.29m sq. ft. across 204 transactions. Full report to follow.

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Retail sales show 1.4% annual rise in November

Retail sales rose 1.4% in November as shoppers prepared for Christmas, increasing their spending in supermarkets and on hardware. However, department stores took a hit as the value of retail sales feel by more than 9%, and the volume declined by 6.5% year-on-year. The motor trade also saw a decline of 0.5% on an annual […]

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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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Shake Dog to launch its first Dublin restaurant in Ilac Centre

IRISH diner Shake Dog is set to open its first Dublin restaurant in the Ilac Centre on Henry Street in March 2020. The popular American-style diner serves various comfort food dishes including burgers, fries, shakes, salads and chicken tenders. The diner already has flagship restaurants across Cork, Limerick, Waterford, Tipperary, Galway, Wexford and Drogheda and […]

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MacDonagh Junction – a magical shopping centre and much, much more

MacDonagh Junction is the larges shopping centre in the South East. But that is a massive under-statement for the Kilkenny centre is so much more. It is a cultural hub, an entertainment base, a tourist attraction and a place where people meet to eat and enjoy everything from a quick coffee to a leisurely gourmet […]

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Retail Realities by Neil Bannon

Consumer demand in Ireland is up, but new retail outlets are few and far between, and rental Growth is modest.  Before writing a piece on the retail market, I should address the elephant in the room: retail has become a dirty word in the property market. Investors are happy to buy private rental sector (PRS), […]