Iris Keating has been appointed residential recovery and asset management specialist, at estate agents Savills. Ms Keating has worked for Savills since 1998 and has developed a particular expertise in residential recovery. She will be managing all of Savills’s key residential accounts with receivers, banks and NAMA, with whom she has excellent relationships.
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Graham Murray has joined property consultants Savills Ireland as Head of their Residential Department. Graham joins Savills from Sherry Fitzgerald, where he managed Dun Laoghaire, the firm’s largest branch. Commenting on the appointment Mark Reynolds, Director, Savills Ireland said: “For some time we have been looking for a strategic and proven specialist to head up [...]
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By The MyHome Newsdesk
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Posted in Commercial, Industry News, Mortgages & Money, Property News, Property Picks, The Investor
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Also tagged Arnotts, Dublin, Independent House, Independent News & Media, Jonathan Preston, Kieran Wallace, KPMG, Mary Street, Middle Abbey Street, Niall McFadden, O’Connell Street, Paddy Kelly, Penneys, Primark, The Irish Times
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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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By The MyHome Newsdesk
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Posted in Commercial, General, Property News, The Investor, The Overseas Investor
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Also tagged consultants, funds, investment market, investors, Jacqueline Fitzpatrick, leases, market, property, stock, upward only rent reviews
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The first three months of this year has seen a noticeable number of Irish funds looking at the Irish property sector again, according to Savills. The property consultants say that this will bring a renewed confidence to the market and will lead to greater activity for the rest of the year. An analysis of the [...]
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By The MyHome Newsdesk
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Posted in Industry News
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Also tagged Ballsbridge, Belfast, BTW Shiells, CBRE, Edward Square, Galway, Genevieve Conway, investment, London, Mahon Point, Patricia Ward, Pembroke Collection, sherry fitzgerald, Spain Courtney Doyle, Treasury Holdings, Victoria Square, Westfield
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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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By The MyHome Newsdesk
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Posted in Commercial, Industry News, Mortgages & Money, Property News, Property Picks, The Investor, The Overseas Investor
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Also tagged Clancy Quay, Dublin, Dublin 8, Grant Thornton, Islandbridge, Paul McCann, receivers, Stephen Tennant
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Real estate advisory firm Savills has announced the sale of Clancy Quay, Islandbridge, Dublin 8 by private treaty on the instructions of the joint receivers, Stephen Tennant and Paul McCann of Grant Thornton. The residential scheme has a guide price of €70m subject to contract and is located in an established residential location in Dublin [...]
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By The MyHome Newsdesk
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Posted in Commercial, Mortgages & Money, Property News, Property Picks, The Investor, The Overseas Investor
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Also tagged annual rent rate, Aviva, Dublin, Grafton Street, HMV, Irish Property Unit Trust, letting agents
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The premises on Dublin’s Grafton Street formerly occupied by HMV has been put on the rental market, with letting agents Savills quoting an annual rental rate of €1 million. The four-storey building at 65-66 Grafton Street was vacated by the British entertainment chain after it withdrew from the Irish market in February. At the time [...]
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By The MyHome Newsdesk
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Posted in Commercial, Property News, Property Picks, The Investor, The Overseas Investor, The Seller
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Also tagged agricultural, bar, conference facilities, Cooley Mountains, Dundalk, farming, function room, gym, hotel, KPMG, lands, leisure centre, liquor licence, Louth, meeting rooms, Michael Gunne, nightclub, Padraic Monaghan, Park Hotel, REA Gunne Property, restaurant, sauna, steam room, swimming pool
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Savills Hotels and Leisure and REA Gunne Property have been appointed joint selling agents in the sale of the Park Hotel & Golf Course in Dundalk, Co Louth. Appointed by receiver Padraic Monaghan of KPMG, the agents are now guiding the property on the market for €1.75m. However, they have advised that the hotel and [...]
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By The MyHome Newsdesk
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Posted in Commercial, Industry News, Property News
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Also tagged Angus Potterton, commercial property, Duncan Lyster, Lisney, Molesworth Street, offices, receivers, Royal Bank of Scotland, South Frederick Street, St Stephen's Green, The Irish Times, Ulster Bank
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Two of Dublin’s biggest estate agencies, Savills and Lisney, are planning to move to larger offices in the south inner city. Savills have been looking at other premises on Molesworth Street close to where they are currently based, as well as on South Frederick Street and St Stephens Green. Managing director Angus Potterton told The [...]
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By The MyHome Newsdesk
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Posted in Commercial, Industry News, Property News, Property Picks, The Investor, The Overseas Investor
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Also tagged building, David Agar, David Carson, Deloitte, distressed property, Domhnaill O'Sullivan, Dublin, guide price, Harcourt Building, Harcourt Street, instructions, Profile Properties, receiver, Ulster Bank
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One of Dublin’s most prestigious modern office blocks, the Harcourt Building at the top of Harcourt Street, is expected to attract the highest level of bidding to date for a distressed property asset in the city. Domhnaill O’Sullivan of Savills is quoting a guide price of €28 million for the 10-year old building which is [...]
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