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Construction index hits four-month high

The construction industry is expanding rapidly, with commercial building leading the way, and although the pace of gains in house-building slowed slightly from November it is at levels seen before the crash, according to Ulster Bank’s Construction Purchasing Managers’ Index (PMI). The overall index hit 56.3 in December, up from 55.5 in November, a four-month […]

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Festive cheer: Record Christmas for grocery stores

Irish consumers spent €995m on groceries in December Shoppers spent an average of €694 on groceries in December (€151 more than the typical month). Dunnes Stores – 23% Tesco – 22.3% Supervalu – 21.8% “Irish shoppers showed a willingness to splash out over the festive break,” “Branded and premium private label ranges grew by 3.8% […]

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Danish home retail brand to open 15 stores in Ireland

Danish global home retail brand, JYSK, will open 15 stores across Ireland in the next two years, creating more than 200 jobs. Founded in Denmark in 1979 by Lars Larsen, over the past four decades JYSK has expanded to 51 countries with more than 2,700 stores worldwide employing 23,000 people. The first Irish store will […]

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Costa Coffee pitch up on Malahide Road

Costa Coffee is the latest tenant to join the line-up at Malahide Road Retail Centre in north Dublin. Costa is trading out of a 2,000 sq.ft coffee pod that also has the use of outdoor seating. The letting comes just as the landlord, Irish Life, has resurfaced the car park and upgraded signage, lighting and […]

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Black Friday a ‘double-edged sword’ for Irish retailers

Black Friday and Cyber Monday will be a “double-edged sword” for Irish retailers with margin pressures incurred from major discounting offsetting the spike in business, a retail expert has said. Thomas Burke of Ibec trade body Retail Ireland says that with 70% of digital purchases in Ireland going to firms outside the country, retailers were […]

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Construction industry expects to ‘go green’

The results from the World Green Building Trends 2018 report has revealed that 47% of those surveyed expect the majority of their projects, 60%, to be environmentally friendly by 2021. The report, published by Dodge Data and Analytics, shows that the international market for green construction projects has grown significantly in the last ten years. […]

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Harvey Norman to anchor expanded Gateway Retail Park in Galway

Giant retailer Harvey Norman is to open a substantial new store now under construction as part of the second phase of the Gateway Retail Park in Knocknacarra, Galway. Australia’s leading retailer, specialising in computers, technology, electrical goods, furniture and bedroom fittings, is to rent the 5,574 sq.m (60,000 sq.ft) flagship store in the thriving park, […]

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Eateries line up to join Krispy Kreme in Blanchardstown

Canadian restaurant chain Pita Pit and Japanese eatery Musashi are to join Krispy Kreme in trading out of a newly redeveloped block at Ireland’s largest retail and leisure destination, the Blanchardstown Centre in north Dublin. Both of the new units will extend to around 170 sq.m (1,829 sq.ft) and will include outdoor seating and dining […]

Bannon expands office team with appointment of Patrick Sammon

Bannon has added to its expanding office agency team with the appointment of Patrick Sammon, who has joined the company as Associate Director. Patrick has spent the last seven years working in the office and industrial agency departments of CBRE in Australia and more recently New Zealand.  He has returned to Ireland bringing a wealth […]

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Donnybrook Fair upmarket food chain bought by Musgrave

Musgrave, the owner of SuperValu, has agreed a deal to buy the Donnybrook Fair chain of upscale supermarkets in the greater Dublin area. The Cork-headquartered retailing and wholesaling group finalised a deal to buy the chain this morning for an undisclosed sum from husband and wife team, Joe and Mary Doyle, who founded and control […]

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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 […]

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Residential property prices rise by 10.4% in the year to July

In the year to July, residential property prices at national level increased by 10.4%. This compares with an increase of 11.9% in the year to June and an increase of 11.6% in the twelve months to July 2017. In Dublin, residential property prices increased by 7.2% in the year to July. Dublin house prices increased […]

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Property sector comes together to raise funds for the homeless

More than 800 participants and 70 teams took part in this year’s Dragons at the Docks property industry fund raising event at Grand Canal Dock in Dublin on Thursday. The dragon boat-racing competition raised €250,000 for charity with two-thirds of the proceeds going to the Dublin Simon Community and the balance to be distributed to […]

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Kellogg to relocate European HQ to Dublin Airport Central

Dublin Airport Central, a major new office development in the heart of the airport campus, has landed a high-profile anchor tenant for the first of two headquarter-style buildings now under construction. US multinational food company Kellogg is to relocate its 220 Irish and European office staff to Three Dublin Airport Central, where the six-storey block […]

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Retail Sales volume increased by 6.5% in July 2018

Seasonally adjusted, the volume of retail sales increased by 6.5% in the month of July, with an annual increase of 5.5%. If Motor Trades are excluded, there was a decrease of 0.5% in the volume of retail sales in July 2018 when compared with June 2018 and there was an increase of 2.9% in the annual […]