The Irish Times reports that a consortium headed by the wealthy Galway developers Brian and Luke Comer has bought a substantial redevelopment site fronting on to Eyre Square in Galway for slightly over €13 million. Aidan Gavin of DTZ Sherry FitzGerald handled the sale of almost two acres known as the Odeon site for receivers Kieran Wallace and Patrick Horkan of KPMG. The [...]
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24th April 2013
Penneys to pay €6m for Independent House
Clothes retailer Penneys is set to pay €6m for the disused Independent House on Middle Abbey Street in Dublin. According to the Irish Times, Primark – the parent of Penneys – is understood to have agreed purchase terms at around €6m for the 1920s building, which sold in an off-market deal in 2003 for €26m. [...]
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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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18th October 2012
Savills bring four parcels of land to the market
Four parcels of land with development potential in the Greater Dublin area are being brought to the market this week by Savills. Located in Dublin city centre, and on the outskirts of Wicklow town, Blessington and Navan, their guide prices range from €105,000 to €800,000. The smallest lot is a 0.77 acre infill property on the [...]
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4th April 2012
Dundalk store goes on the market
A convenience store and post office on a 0.6 acre site in Quay Street in Dundalk has gone on the market with Sherry FitzGerald Carroll for €775,000. The Londis store has been offered for sale as a going concern by Kieran Wallace of receivers KPMG with the guide price a target for public tenders, the [...]
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1st February 2012
Weston Airport for sale with Savills
Weston Airport, formerly owned by ex Citywest hotelier Jim Mansfield, is for sale with a guide price of €3 million. Savills is selling the west county Dublin facility on behalf of statutory receiver Kieran Wallace of KPMG. It was placed into receivership by NAMA in April 2011. James Higham, of Savills UK dedicated airport advisory [...]
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25th January 2012
Kerry hostel sells for well above guide price
One of the best known hostels in the south of Ireland, the Railway Hostel in Killarney, has been sold for €760,000 – comfortably ahead of its €650,000 guide price, according to the Irish Times. HT Meagher O’Reilly and Sherry FitzGerald Coghlan handled the sale for receiver Kieran Wallace of KPMG. The hostel is located close [...]
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14th December 2011
Israeli investor pays €4.5 million for Parnell Street building
The building currently housing the Aldi store in Parnell Street in Dublin has been sold to an Israeli businessman for €4.5 million. The investment will show a net initial yield of 7.9%, according to Jacqueline Fitzpatrick of selling agents Savills. The sale was carried out at the request of Kieran Wallace of KPMG, who is [...]
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no way has it bottomed out as the next budget will crucify us even further. Overspending in heal...
