Lidl is continuing its European expansion with the confirmation it is opening 60 more Irish stores. The new sites — both north and south of the border — will take the German discounter’s network across the island to 240 outlets. The news puts... Read More
The days when investors and developers could pick up Irish hotels at “bargain basement prices” are coming to an end, the boss of the country’s biggest hotel chain has warned. A year after it set off on a stock market flotation-backed acquisition... Read More
Confirmation that the National Asset Management Agency (NAMA) is about to sell its final batch of hotel portfolios has prompted one Irish property expert to predict that 2015 will see hotel values reach a pre-recession high. "Hotel trading and the... Read More
Ireland has completed its best year on record for commercial property deals, with almost €4bn (£3.1bn) worth of transactions completed during 2014. Supported by an additional €17bn (£13.3bn) worth of commercial property-backed loans and €8bn... Read More
Property auction specialist Allsop Space has set a guide price of €13.5m (£10.7m) for a package of 24 Irish industrial units spread across the country. The assets will be sold as a single lot in a straight sale. The Project Steel portfolio —... Read More
With demand in Ireland’s commercial property market continuing to gather pace, the National Asset Management Agency (NAMA) has admitted it will run out of saleable assets in less than four years. The revelation — included in the state bad bank’s... Read More
Lloyds Bank has confirmed it is considering three final bidders for a €2bn (£1.5b) Irish commercial buy-to-let portfolio it is selling. The three global contenders are Californian-based Oaktree Capital Management, investment bank Goldman Sachs working with... Read More
LinkedIn, the online professional networking service, has continued its Irish acquisition spree with plans for a new corporate headquarters in Dublin. So far this year LinkedIn — often described as Facebook for suits — has cranked up its Irish... Read More
Although the UK has seen widespread sustained recovery for the large part in the retail industry since the end of the recession, the ongoing issues surrounding the Euro have meant Ireland has lagged somewhat behind. This has seen vacancy rates in all but... Read More
As confidence in the Irish property market continues to grow the German insurance giant Allianz has confirmed it is investing €140m (£109m) in Irish investment vehicle IPUT. In the Munich-based firm’s first venture into the Irish commercial... Read More
