Commercial Property

With 15 Dublin pubs sold already this year, activity levels and capital values are up on 2023

Warehouse supply constraints and global economic uncertainty led to dip in occupier take-up, but a better 2025 is expected

Retail has been most traded asset class so far in 2024, accounting for over 33% of overall property activity

Market turnover remains muted but conditions will pick up next year

With deal values of €900m and several big sales pending, Irish hotels have been in demand in 2024

With other sectors struggling, retail could account for more than 50 per cent of total investment this year

Operators and investors will continue to eye Irish hotels due to strong occupancy fundamentals

With more assets for sale, activity levels could return to €3-€4bn next year

It may not have heralded the recovery people were hoping for but debt markets should free up and activity levels pick up next year

Construction of new apartments has ground to a halt, crunching supply and pushing rents up again

A weak start to 2024 turned to a better outlook by year end; looking to 2025, investors will stay focused on the holy trinity of ‘beds, meds and sheds’, but supply may be an issue

Outlook looks brighter for 2025 after a challenging year

Improving debt liquidity, the stabilisation of yields and a narrowing of the bid-ask spread will lead to more activity

Lower interest rates and improved sentiment set to translate into more transactions

The year ahead will be one of rebuilding as confidence gradually returns, potentially spurred on by a single large deal

Proposed Zoning Value Sharing will decrease supply of new homes – at a time when they’re badly needed

As the steep falls in prime capital values ease, the market is set for recovery – but level of transactions will be key

It may have been a challenging year, but demand remains strong for assets with long-term income and strong covenants, across all sectors

Shortage of quality stock is likely to spur interest in unit at Greeogue Business Park following refurbishment by Kennedy Wilson

Successful workplaces are not just about how much space is occupied: it’s also about creating environments that foster collaboration, innovation, and a sense of belonging

DWS’s deal at Hayfield is one of the year’s biggest

The Swedish fashion giant is expanding its retail presence in the midlands town

Demand for office space is rising again. But, with businesses downsizing, and vacancy rates remaining among Europe’s highest, owners of older blocks will have to start cutting asking rents

Mel Sutcliffe’s Quanta Capital says receiver has been appointed to 27 property assets that it manages by lender Relm Finance

Interest likely to be strong given scarcity of units of this size available

Not everyone is a first-time buyer, not everyone wants to rent and not everyone wants to buy. Catering to all will be a key challenge for next government

Plenty of potential on key shopping street for €2.5m

Land near Navan bordering the Boyne includes a four-bed red-brick house

More than six years is remaining on the lease in popular west Dublin location

Four-star 98 bed Yeats Country Hotel is in picturesque village of Rosses Point

Council looks to progress plans for a ‘world-class’ mixed-use urban quarter, including a hotel, conference centre and apartments at brownfield site between harbour and town

Property in Stadium Business Park is let to Dunnes Stores

Leading national and international names already tenants at site in Tralee, Co Kerry

Balmoral International Land is voting on whether to force investors with fewer than 25,000 shares to sell for a fraction of the net asset value of its assets

Wicklow County Council agreed to sell the site to Navybrook in 2019

Applicant was Heatons Ltd, which trades as Sports Direct in Ireland

Property comprises the ground and third floors of the landmark, five-storey City Quarter development

Distinguished period property Royal Canal House is on the market at €1.6m

Despite the rise of online shopping and vacant outlets remaining an issue in the capital, the pipeline of international retail investment looks strong

Entity manages St Stephen’s Green Shopping Centre on behalf of clients

Vacancy rate overall edged higher in the third quarter, despite ‘positive momentum’ for leases, says BNP Paribas Real Estate Ireland report

€1.5m Co Meath development site is situated in town centre, within walking distance of schools

Plans submitted for apartments over Abrakebabra and Swarovski on Dublin’s busy shopping street

Property investor acquires prime Dublin facility in partnership with ICG Real Estate

Shift from older buildings to sustainable alternatives is supporting prime rents and driving down vacancy rates

Investment vehicle of Jim and Janet Curley also acquired neighbouring property with plans to redevelop site

Citywest Business Campus warehouse and office headquarters available to let for €1.42m

Rent is competitive at €45 sq ft in refurbished building that dates from 1765

Close to colleges including Bolton Street and Grangegorman, the site might suit a student accommodation development

Dublin site offers excellent potential for a duplex or apartment development