The National Asset Management Agency (NAMA) is planning to sell off at least 80 per cent of its “senior debt” by the end of 2016, two year’s ahead of a deadline set by the Irish government. After its busiest sales quarter for three months, the... Read More
Ireland’s stockpile of vacant commercial buildings has reached almost 28,000, despite the shortage in Dublin being classed as “severe” and a number of other cities warning they will have no prestige offices by the end of the year. A new report... Read More
Blackstone — which already claims to be the world’s biggest property owner — has agreed to pay Ireland’s National Asset Management Agency €1.1bn (£904m) for a loan portfolio once controlled by developer Michael O’Flynn. Known as the... Read More
Ireland’s oldest hotel — which claims to have been taking in guests continually since 1795 — is on the market with a price tag of more than half-a-million Euros. Local records show that The Grand Hotel in Tramore began trading under a different... Read More
The Blackstone Group looks set to become the biggest foreign investor in Irish property after hinting that the majority of a newly-raised $5.5bn European fund could be targeted at Ireland. The war chest, officially called the Blackstone Real Estate... Read More
Ireland’s tourism and hospitality industries are reflecting the country’s financial upturn with more than £116m worth of hotel deals either sealed or underway. Within the past few months sales have been agreed on 15 hotels, together worth €96m ,... Read More
A new company is taking advantage of Ireland’s recovering property market by announcing plans for a €350m initial public offering. Hibernia will become only the country’s third Real Estate Investment Trust (REIT) but has already attracted... Read More
A new online database of commercial leases is expected to open up the Irish property market and allow businesses to negotiate fairer rents. Modelled on Ireland’s house price register — and containing details of every company lease signed since 2010... Read More
Airspace Investments, one of Ireland’s highest profile property firms, has bounced back from a €10.5m loss to report a 67 per cent rise in profits. O'Connell Street, Dublin In 2011 the company limited an unexpected loss by writing down almost... Read More
While Britain may be experiencing something of a commercial property boom at the moment, this is largely due to the number of foreign investors looking for a financially secure foothold in Europe increasing demand on a massive scale. Yet across the Irish Sea,... Read More
