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Irish retail sales remain strong in 2016

Irish retail sales remain strong in 2016 with the latest CSO figures showing annual growth to have surged by 11% in February, while the value of retail sales increased by 8.7% year-on-year.

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Cashel centre makes over €6m

Davy Real Estate has bought a modern shopping centre and adjoining petrol filling station in Cashel, Co Tipperary, for one of its property funds.

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Kinsealy enclave of 10 shops and office units sold

Kelly Walsh and Bannon handled the sale of St Olave’s Neighbourhood Centre which is producing a rental income of €221,000 with potential to increase it to €270,000.

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Hiring demand in construction rises 46%

Activity in the construction sector accelerated sharply last month as demand for industry professionals grew by up to 46%. Some recruiters have also started trying to tempt emigrants back to fill building jobs.

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Economic Growth Strongest in 15 Years

CSO Quarterly National Accounts figures for Q4 2015 show GDP to have increased by 7.8% annually in 2015, outstripping all other euro zone countries and most official forecasts.

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Office and retail rents in Dublin to rise by 12%

Prime office and retail rents in Dublin are to rise by about 12% in 2016, according to a new commercial property outlook from the Society of Chartered Surveyors Ireland.