Hammerson & Allianz Buy Dundrum Town Centre Loans

Ireland's Highest Profile Shopping Centre for Sale

UK property giant Hammerson and Germany’s Allianz Real Estate have been announced as the preferred bidders on the loans belong to the Dundrum Town Centre retail property (Project Jewel). The two firms agreed to buy loans tied to the business from NAMA (the National Asset Management Agency) for a figure quoted at…

Continue reading

Radisson Blu Hotel for Sale

Radisson Blu Hotel for Sale

A Radisson Blu Hotel right in the heart of Ireland has been put on the market. It is expected to sell for more than €6.5m. The four star hotel is for sale by private treaty on the instructions of the receiver. The property was purpose built and first opened for business in May 2004.…

Continue reading

High Profile Dublin Investment

High Profile Dublin Investment Property

This is a high profile development of 25,700 sq.ft on a site of approximately 1.3 acres. The current passing rent is €471,600 per annum. High profile development of 25,700 sq.ft on a site of approximately 1.3 acres fronting Main Road, Tallaght. Units are let under three FRI leases. The first is to…

Continue reading

Killarney Hotel on the Market

Killarney Hotel for Sale

Kerry is Ireland’s most popular tourist destination and the centre of its attraction is the pretty town of Killarney. As such, hotels coming up for sale in the town are fairly rare, and of huge interest when they do come to market. This is a 4 star 64 bedroom hotel. Originally…

Continue reading

Munster Property Auction

Munster Property Auction

A Munster Property Auction will take place in early October. The auction is being run by one of Ireland’s leading estate agents, rather than a countrywide service such as occur in Dublin each quarter. Consequently, this particular auction will include a range of commercial properties in the Munster region (south…

Continue reading

London Property Price Bubble

London Investment Property

Mike Prew, analyst at Jefferies Group, claims that UK commercial and residential property values, particularly in London and the south-east, are in bubble territory again and vulnerable to any tightening in credit markets. He claims investors have also been paying too much for real estate outside southeast England in the…

Continue reading

Irish Commercial Property Auction

Irish Property Auction

Dublin will be host to Ireland’s largest commercial property auction to date, with properties from around the country being sold in early September 2015. 278 lots are to go under the hammer at a combined reserve value of €60 million. The two-day auction includes a large collection of retail investments with well-known…

Continue reading

Irish Property Investment Pitfalls

Energie Fitness Group

The recent news that Ulster Bank has seen loans of just under €12 million wiped out, brings into sharp focus some of the problems facing potential investors in Irish commercial property. The loss comes on the back of the bankruptcy of the Jackie Skelly chain of health clubs in 2010 and…

Continue reading

Sourcing an Irish Office

Best Value Property 2016

Sourcing a base for a European, EMEA or World head office in Ireland sounds quite simple, but it’s not as easy as you might think. This is particularly the case if you wish to be based in Dublin. If you contact individual estate agents, particularly international ones, you’ll find they…

Continue reading

City Centre Car Park for Sale

City Centre Car Park

It is fairly rare that a decent size car park comes up for sale in Ireland. It is rarer still for a reasonably sized city centre car park to become available. Anybody interested in property will know that car parks are one of the most attractive investment opportunities as they…

Continue reading