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Republic of Ireland
Welcome to the Republic of Ireland's property coverage at PropertyWeek.com, bringing you all the latest news and views from Dublin and across the country.Ireland
DevSecs confirms NAMA talks
Development Securities has confirmed it is in discussions to buy “a number of” assets from Ireland’s National Asset Management Agency.
REO suspended from London Stock Exchange
Former Battersea Power Sation owner Real Estate Opportunities has been temporarily suspended from trading on the London Stock Exchange.
CBRE: Dublin Offices - Q4 2011
Office letting activity in Dublin performed well in Q4 2011, with 58 of the 176 individual lettings completed in the city during 2011 being signed in Q4. In total, 35,588m2 of office lettings were signed in Dublin during the period.
Irish property values rise for first time in four years
The reduction in stamp duty in Ireland, from 6% to 2% has led to a temporary respite in the decline in the country’s property values.
NAMA steps up loan sales as head of lending quits
The Irish National Asset Management Agency has appointed a panel of advisers to ramp up its sale of loans in 2012, and its head of lending has resigned.
Quinn blocked from pursuing bankruptcy in UK
Irish property investor Sean Quinn has been blocked by the Irish court from pursuing bankruptcy proceedings in the UK.
NAMA tees up £500m Portuguese debt sale
CBRE instructed to market a portfolio of loans to US and Portugal golf course developer
Trio bid for defunct Anglo Dublin HQ
Three buyers are understood to have bid to buy the half-built Dublin building intended as a headquarters for the now-nationalised Anglo Irish Bank – a development that has become synonymous with Ireland’s financial collapse.
Twitter flits to Ireland
Twitter is to become the latest internet company to join Ireland’s “Silicon Valley” after announcing plans to set up a base in Dublin
NAMA to sell first loan portfolios
Ireland’s National Asset Management Agency is to package up loans for sale as large portfolios for the first time.
Irish entrepreneur battles to retain management of £120m portfolio
Irish entrepreneur Noel Smyth is battling to maintain control of a heavily indebted £120m UK property portfolio.
CBRE: Dublin Industrial - Q4 2011
Take-up of 140,845m2 was achieved in the Dublin industrial market in 2011 compared with more than 170,000m2 of take-up in this sector of the market in the previous 12 month period, which clearly illustrates the extent to which economic conditions are impacting on occupier relation and expansion decisions.
Irish declare Quinn bankrupt
Irish former billionaire Sean Quinn has been declared bankrupt by the Dublin High Court, after less stringent bankruptcy proceedings in the UK legal system were blocked last week.
Eddisons plans Irish expansion
Leeds-based surveying firm Eddisons has unveiled growth plans including the launch of a new division and the opening of offices in Ireland, TheBusinessDesk.com reported today.
NAMA reports Q2 profit of €118m
Ireland’s National Asset Management Agency (NAMA) today said it had generated a net profit of €118m in the second quarter of the year with cumulative profits of €209m for the first six months of 2011.
Orion Capital poised to buy €600m NAMA loan portfolio
Orion Capital Managers is poised to buy a loan portfolio with a face value of €600m from NAMA (Ireland’s National Asset Management Agency),as the divestment of large loan portfolios from banks picked up pace this week.
Rents could get cut in Ireland
Irish commercial tenants will have the right to seek a cut in their rent to the market level under proposed new legislation
Barclays £660m Claridge’s-group hotel deal explained
The Barclay brothers today completed a stunning and complex deal to take majority ownership of the Maybourne Hotel Group, which owns Claridge’s, The Berkeley and the Connaught hotels, as explained by Property Week.
Twitter to set up Dublin base
Twitter is to become the latest internet company to join Ireland’s Silicon Valley after announcing plans to set up a base in Dublin.
CB Richard Ellis: Irish Commercial Property Market Bi-Monthly Report
Despite ongoing economic concerns and the turmoil on world financial markets in recent weeks, a considerable number of office lettings were signed in the Dublin office market during the traditionally quiet months of July and August.
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Savills doubles Belfast team
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Green Property to head up €1bn Lloyds’ Irish workout vehicle
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Poundland to expand into Ireland
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REVEALED: every insolvent Nama property
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NAMA reports €1.2bn loss in maiden annual results
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Ireland suffers lowest rate of return since September 2009
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Irish retailer Superquinn goes into receivership
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McKillen beats Nama off £1.4bn property loans
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Bank of Ireland shuts the door on UK property
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Deutsche Bank willing to take over Daly debt court hears
