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Retail sales up 4.5% in October compared with last year

The volume of retail sales was up 4.5% in October compared with the same period last year, but was flat compared with September, the latest figures from the Central Statistics Office show. If motor trades are excluded, there was a decrease of 0.3% in the volume of retail sales in October compared with September, and there was […]

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Residential property prices rise by 12.8% in the year to September

In the year to September, residential property prices at national level increased by 12.8%. This compares with an increase of 11.8% in the year to August and an increase of 8.0% in the twelve months to September 2016. In Dublin, residential property prices increased by 12.2% in the year to September. Dublin house prices increased […]

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Budget 2018

Budget 2018 – Key Points Minister for Finance Paschal Donohue delivered the Budget 2018 speech this afternoon, with the announcement of additional revenues of €830 million to bring the total package of new spending and tax cuts to €1.2 billion. €898 million of this will be allocated to spending and there will be tax reductions […]

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Irish consumer sentiment improves to eighteen month high

Consumer Sentiment Index Irish Economy Modest monthly increase sufficient to boost confidence to best level since February 2016 Encouraging signs in September reading but no evidence of widespread ‘feel-good’ factor Improved outlook on household finances the key driver of monthly gain Repayment of water charges and increased purchasing power because of stronger Euro likely contributors […]

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Retail Sales Volume increased by 11.9% in July 2017

Seasonally adjusted, the volume of retail sales increased by 11.9% in the month of July, with an annual increase of 2.1%. If Motor Trades are excluded, there was a decrease of 0.2% in the volume of retail sales in July 2017 when compared with June 2017 and there was an increase of 7.0% in the annual […]

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Irish consumer sentiment remains positive in July

Irish consumer sentiment held broadly steady in July as an improved buying climate, likely boosted by summer sales and holiday spending plans, contrasted with a more cautious assessment of household finances. At current levels, the survey paints a reasonably positive picture of Irish economic conditions but also continues to highlight concerns about consumers’ personal financial […]

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Residential property prices rise by 11.6% in the year to June

In the year to June, residential property prices at national level increased by 11.6%. This compares with an increase of 11.1% in the year to May and an increase of 5.5% in the twelve months to June 2016. In Dublin, residential property prices increased by 11.1% in the year to June. Dublin house prices increased […]

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Shopping Centre Portfolio – Performance Snapshot Q2 2017

“Growth in sales during Q2 2017 outstrips growth in footfall” Our last quarterly update (Q1 2017) showed a mix of footfall growth and sales contraction for the Bannon Shopping Centre Portfolio. The numbers for Q2 2017 were much more positive with growth in footfall and sales of +0.37% and +2.44% respectively. Q2 2017 benefited from […]

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House prices nationwide continue upward trend in second quarter of 2017

House prices over the past year have risen by more than €2,000 a month nationally, according to the latest report from property website Daft.ie. Nationally, the average asking price has risen by 46.2% – or just under €76,000 – since their lowest point in 2013. The national average list price during the second quarter of 2017 […]

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Shopping Centre Portfolio – Performance Snapshot Q1 2017

“Footfall across the Bannon portfolio was +0.65% in Q1 2017” Our last quarterly update (Q4 2016) showed a strong close to 2016 for the Bannon Shopping Centre Portfolio with total footfall growth of 0.85% and total turnover growth of 3.45%. The portfolio consists of regional shopping centres in various locations across the country. The first […]