Dublin’s office market driven by demand for space with ESG credentials
Shift from older buildings to sustainable alternatives is supporting prime rents and driving down vacancy rates
ESG
Accounting watchdog warns companies on regulatory investigation disclosures
Disclosure required when the possibility of financial impact from such investigations is ‘other than remote’
Businesses and their sustainability consultants may be adding to the climate change problem
They can give a false impression of progress, delaying the radical changes that are required
Cork start-up helping companies fulfil ESG commitments locally
New Innovator: John Kelleher, ConnectGreen
Glenveagh secures first occupier for Freight Building in Dublin docklands
Serviced-office provider DanuExp signs management agreement for 13,800sq ft at newly completed office block
From noble ambition to corporate tokenism: the rise and fall of ESG
How does electric carmaker Telsa have a lower ESG score than US oil major Exxon, a company that spent decades trying suppress information about climate change?
M7 Real Estate seeks occupier for M50 logistics facility following ‘green’ refurbishment
Upgrade of Ballymount Logistics Hub will see delivery of 151,000sq ft of A3 Ber-rated space from this September
1,059-acre forestry portfolio offers sustainable investment at €7.5m
11 plots distributed across Wicklow, Kildare, Louth, Westmeath, Donegal, Galway, Cork and Waterford
US giant Verizon inks deal for 84,300sq ft of office space at 1BQ in Limerick City
Verizon Communications signs long-term lease in newly developed building at Bishop’s Quay on city’s waterfront
Eagle Street secures long-term lease renewal with Curtiss-Wright in Clonskeagh
US-headquartered aviation technology giant to occupy offices at Richview Office Park for a further 10 years
Many don’t trust financial services companies on ESG pledges, survey shows
Younger people sceptical of environment and social pledges made by banks and insurers, says survey
Dublin office vacancy rate hovers close to 15% as cost pressures bite
Return-to-office mandates from tech and finance giants will have positive impact on market in 2024 and beyond
Shein IPO points to improved market sentiment
Despite controversy, Chinese fast-fashion giant will be seen as sign of renewed optimism in stocks
Investment of €30m sees 1 Cumberland Place cut energy use by 63%
BER rating of X’s European headquarter office jumps from E2 to B2 following works by Hibernia Reit and Hibernia Real Estate Group
ECB threatens 20 banks with fines after climate-risk warning
Regulator has repeatedly warned that lenders aren’t doing enough to prepare for the fallout of extreme weather shocks
Beauparc Utilities founder closing in on €19m deal for Chancery building in Dublin city centre
Eamon Waters back on the acquisition trail following purchase earlier this year of Victoria’s Secret’s flagship Grafton Street store
Hines and Peterson Group secure €80m refinancing deal for Central Plaza
Joint-venture partners obtain long-term investment loan from UK-headquartered lender, following full refurbishment of former Central Bank
Elmpark campus in Dublin 4 for sale at heavily discounted guide of €55m
Higher interest rates and ESG requirements see Dublin 4 scheme’s capital value fall to below replacement cost level of €170 per square foot
Principal Global Investors agrees deal for offices at Kildress House
US-headquartered investment manager relocates Dublin operation to new, ESG-compliant accommodation
Banks told to review clients amid historic ESG crackdown in EU
Regulator revising capital rules to include ESG risks
Newpark Real Estate to deliver sustainable logistics space at Vantage Business Park
Developer uses mass timber structures in first for Irish market
Climate change presents significant challenge for real estate investors
Opinion: It is becoming more difficult to fund, sell or occupy a building if its construction and operations do not comply with best sustainability practices
Investors warn ‘fluffy’ environmental and social metrics are being gamed to boost bonuses
Majority of S&P 500 companies use ESG (environmental, social and governance) criteria to guide pay
Apartments at Kennedy Wilson’s Capital Dock secure WiredScore Platinum certification
Scheme in Dublin’s south docklands features dedicated telecommunications rooms to guard against data theft
ESG label shunned amid political polarisation
Data doesn’t suggest companies are pulling back on ESG initiatives but caution may be linked to increasingly toxic US debate
Less than 1% of office buildings occupied by State are A-rated for energy
With a third of the nation’s carbon emissions coming from the built environment, the Government must lead drive for energy-efficiency and retrofitting
Software firm makes environmental, social and governance issues that bit easier
Galway-based Diligent employs almost 300 people and targets the growing corporate transparency market
Greenwashing firms and public entities face growing threat of litigation
Claims of progress will come under increasing scrutiny, environmental lawyer warns
Big tobacco flirting with ESG suitors
Philip Morris believes vaping will bring it within the remit of ethical investment funds
Older office buildings can be as good as new. They’re often even better
Opinion: Suggesting that only new buildings are ‘ESG-compliant’ is nonsense. The upgrading of older stock is simple
New greenwashing law backed by most Irish people - survey
A new study shows many consumers mistrust environmental claims made by companies, but are not confident of spotting false claims
Demand for office space in Dublin slumps as tech layoffs and hybrid working hit demand
CBRE highlights fall-off in leasing activity but insists first quarter is traditionally slow
Vyta revenues double on organic growth, acquisition
Focus on sustainability lifts Irish secure IT recycling company’s revenues
Transfer pricing can be an easy target for tax authorities
As the drive to make multinationals pay their share gathers pace, intercompany arrangements are more likely to be challenged, explains Claire Healy of Mazars
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