Focus on Northern Ireland – Shoosmiths legal updates

As with other parts of the UK, the last 18 months have seen a period of exceptional market activity in the living sector in Northern Ireland, despite the economic challenges of Covid. Much of that activity has in fact been driven by the societal challenges and behavioural shifts brought about by the pandemic. Northern Irish

The Irish Times view on the rental market: the rent trap generation – The Irish Times

If you can’t afford to buy a home, renting is cheaper. That was the age-old rule of thumb, but it not longer applies. According to figures in Daft’s most recent rental report, repaying a mortgage on a typical three-bedroom home is now less expensive than paying rent in nearly every region in the country. Only

Two prestigious office buildings in Dublin's Georgian core for €6.5m – The Irish Times

Two adjoining Georgian buildings at 12 and 13 Fitzwilliam Place, in Dublin city centre’s most prestigious Georgian core, have come to market seeking €6.5 million. Colliers has launched the sale of 12 and 13 Fitzwilliam Place, together with their original mews buildings, numbers 12 and 13 Lad Lane, and 15 car parking spaces, with a

Going green with nuclear, strong mortgage data; and question about rents – The Irish Times

Ireland’s European Commissioner Maireád McGuinness is moving closer to classifying nuclear energy and gas as having a role to play in the transition to climate neutrality as an energy price crisis consumes the European Union. Naomi O’Leary reports from Brussels. New mortgage data shows continued strong growth in both approvals and drawdowns during the third

Tenant demand outstripping supply – Propertymark – Property Industry Eye – Property Industry Eye

ARLA Propertymark has issued its Private Rented Sector (PRS) Report for September 2021. The published data comes from a survey of 175 ARLA Propertymark members by Opinium Research. The members represent an average of 4 branches each, with 39% in South East and London and 61% in the rest of the country. Highlights of the

Galway's Corrib Shopping Centre on the market for €18.5m – The Irish Times

US investment fund Marathon Asset Management continues to step up its divestment of retail assets across the country, this time putting a Galway shopping centre up for sale, its second such asset in recent months. Corrib Shopping Centre, located just a stone’s throw from Eyre Square and minutes from Shop Street, Galway’s retail high street,

New rental properties may be driving higher rents, industry group claims – The Irish Times

New rental properties or new tenancies that are exempt from Government rent pressure zone legislation may be the reason why rent controls have failed curb rent inflation, an industry group claims. According to Residential Tenancies Board (RTB), rents rose at an average rate of 7 per cent in the second quarter of 2021 to stand

Latest scheme at £33 million business park expansion to create 100 jobs – Cheshire Live

Developers have been given the green light to build the second phase of a £33 million expansion at a business park. And the scheme at the Novus scheme in Knutsford’s Parkgate Industrial Estate is set to create up to 100 jobs. Industrial developer Chancerygate received permission for phase two of its overall 207,000 sq ft

Property showing signs of stability after Covid plunge –

The Covid-linked plunge in commercial property values has moderated but prices in prime shopping districts are more than a third below pre-pandemic levels. ey segments of Ireland’s commercial property market are showing signs of stabilising, according to MSCI’s highly regarded IPD/SCSI Ireland Quarterly Property Index for the quarter ended September 30, 2021. The industry benchmark showed that

Tax on vacant properties could solve housing crisis –

The news that Ireland has the 10th highest housing vacancy rate in the world makes for depressing reading. The 183,000 vacant homes (excluding holiday homes) could solve our homelessness problem 30 times over and dramatically reduce the price of houses on the open market for those who cannot currently afford to buy them. any of