Irish retail sales see a steady growth in 2016
The first quarter of 2016 saw a continuation of the impressive performance seen in the past two years with most key economic indicators registering steady growth.
Offices Fall Behind Retail and Industrial Sectors in Q1
Following stellar growth over the past two years associated with a strongly improving economy and shortage of office space in prime locations, offices are now the weakest performing asset sector.
Irish Life acquires Limerick’s top performing retail park
Irish Life outbids Euromillions winner Ms Dolores McNamara to acquire Limerick’s top performing retail park, Childers Road Retail Park.
Irish retail sales remain strong in 2016
Irish retail sales remain strong in 2016 with the latest CSO figures showing annual growth to have surged by 11% in February, while the value of retail sales increased by 8.7% year-on-year.
Cashel centre makes over €6m
Davy Real Estate has bought a modern shopping centre and adjoining petrol filling station in Cashel, Co Tipperary, for one of its property funds.
Kinsealy enclave of 10 shops and office units sold
Kelly Walsh and Bannon handled the sale of St Olave’s Neighbourhood Centre which is producing a rental income of €221,000 with potential to increase it to €270,000.
