There is now a lack of prime commercial properties for sale in the Irish market to cater for the current volume of demand in many sectors, according to consultants, CBRE today. The CBRE report also contrasts conflicting market conditions in the Republic and Northern Ireland, with transaction volumes extremely low in the North during the [...]
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16th April 2013
Two promoted at CBRE
CBRE Ireland has announced two promotions. Paddy Conlon has been appointed senior director with the firm, having been director for the past two years and an associate director for years before that. Meanwhile, Jennifer Mullen is also taking on the new role of associate director, having held the position of senior surveyor with CBRE for [...]
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11th April 2013
New directors appointed at DTZ Sherry FitzGerald
DTZ Sherry FitzGerald have announced the appointment of two new Directors to the board of the company. Genevieve Conway has joined DTZ Sherry Fitzgerald as Director in Property Management. Genevieve has over 12 years experience in Asset and Property Management, dealing with a variety of mixed use properties across the UK and Ireland, including some [...]
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3rd April 2013
CBRE announce two management appointments
Global real estate advisor CBRE has announced two appointments to further strengthen its EMEA senior management team. Guy Hollis, who has led CBRE’s business in Ireland since 2007 and been instrumental in building the region’s cross-border services, will expand his leadership role to work with Martin Samworth, Managing Director – EMEA on driving the region’s [...]
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22nd March 2013
How are Irish property investors faring?
There are plenty of headlines about arrears, about buy to let investors who will now be chased down as part of the new Central Bank ‘targeting’ scheme and about people in various stages of financial difficulty, but what do we really know about the people behind the numbers? Today is your chance to help change [...]
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4th February 2013
Two Dublin pubs on the market
Russells, a pub in the Dublin suburb of Ranelagh, is being put up for sale for €1.75 million. CBRE is handling the sale of the pub on the instruction of Eamonn Richardson and Kieran Wallace of KPMG who are joint receivers of Dublin Taverns Limited. The corner premises was reconstructed around a decade ago. CBRE [...]
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26th November 2012
Burlington Hotel sells for €67 million
Dublin’s largest hotel, The Burlington, has been sold to the world’s largest hotel company Blackstone for €67 million. The US venture capitalists completed a deal for the Burlington late last week after Bank of Scotland (Ireland) took control of the Dublin 4 hotel from developer Bernard McNamara, who paid €288 million for the building in [...]
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12th November 2012
Sale of State Street offices in final stages
UK property group Delancey and private equity giant KKR are frontrunners to buy the eight-storey head office of US bank State Street in the south Dublin docklands. The sale is in the final stages, although sources stressed that a deal had not yet been completed. The transaction is expected to conclude over the coming weeks. [...]
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18th September 2012
Doyles to sell two hotels in Washington
Irish hotel group Doyle Collection has decided to sell two of its properties in Washington DC in the United States. The Irish Times has learned that the Doyle Collection has decided to put the Marriott Courtyard Hotel and the Normandy Hotel on the market though estate agents CBRE. It plans to retain the 327-bed Dupont [...]
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29th August 2012
Burlington Hotel placed up for sale
The Irish Times reports today that Dublin’s Burlington Hotel, bought by property developer Bernard McNamara at the peak of the property boom in 2007 for €288 million, is back on the market with a guide price of €65-€75 million. Agent CBRE Hotels is handling the sale on the instructions of Paul McCann of Grant Thornton, [...]
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no way has it bottomed out as the next budget will crucify us even further. Overspending in heal...
