Industrials: Tough year but rebound on the way
Warehouse supply constraints and global economic uncertainty led to dip in occupier take-up, but a better 2025 is expected
Warehouse supply constraints and global economic uncertainty led to dip in occupier take-up, but a better 2025 is expected
Retail has been most traded asset class so far in 2024, accounting for over 33% of overall property activity
Market turnover remains muted but conditions will pick up next year
With deal values of €900m and several big sales pending, Irish hotels have been in demand in 2024
With other sectors struggling, retail could account for more than 50 per cent of total investment this year
It may not have heralded the recovery people were hoping for but debt markets should free up and activity levels pick up next year
Outlook looks brighter for 2025 after a challenging year
Improving debt liquidity, the stabilisation of yields and a narrowing of the bid-ask spread will lead to more activity
Proposed Zoning Value Sharing will decrease supply of new homes – at a time when they’re badly needed
The year ahead will be one of rebuilding as confidence gradually returns, potentially spurred on by a single large deal
Developer’s RGRE group sees UK capital as ‘obvious’ location
Demand for office space is rising again. But, with businesses downsizing, and vacancy rates remaining among Europe’s highest, owners of older blocks will have to start cutting asking rents
Interest likely to be strong given scarcity of units of this size available
Property comprises the ground and third floors of the landmark, five-storey City Quarter development
Shift from older buildings to sustainable alternatives is supporting prime rents and driving down vacancy rates
Loan writedown underlines sector remains gripped by uncertainty
Rent is competitive at €45 sq ft in refurbished building that dates from 1765
Close to colleges including Bolton Street and Grangegorman, the site might suit a student accommodation development
On the market for €4m, 66/67 Strand Street offers plenty of space for offices or scope for redevelopment
Starwood European Real Estate committed to a €35.2m loan but has cited ‘challenging market dynamics’ in the capital
Total investment might end the year higher than 2023 but from a low base
Budget day measures such as higher stamp duty are yet another indication that Ireland is becoming a less welcoming place for international investors
Opportunity will appeal to range of investors, including those with a child in third level, as it offers both rental and personal use
He oversaw the introduction of Ireland’s first all-colour property supplement in 1988 and was a tactful mentor to scores of young journalists
Risk of over-expansion killing the goose laying the golden egg was always there for Paddy McKillen jnr and Matt Ryan – and Covid made it real
Quite alarming statistics are emerging in relation to Dublin’s commercial property market. Is this a temporary blip, an indication of a long-term slump, or an opportunity for some lateral thinking?
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Assignments and sub-lets boost take-up but do not reduce vacant space. Over 250,000sq m of new space is due by end-2025, which could compound the issue
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Addleshaw Goddard Ireland to occupy 28,000sq ft across first and second floors of modern office building
Sherry FitzGerald says rent caps remain ‘a significant issue’ for institutional investors seeking to invest in Ireland
New technology could unlock at least some of the €150 billion sitting in savings accounts and allow for investment in real estate in smaller, accessible amounts and at an earlier stage in life
Block 2 at Blackrock Business Park producing rental income of €999,999 per annum from strong tenant line-up
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