Two Drury Street shops sold for €900,000
A private investor has paid in excess of €900,000 for two adjoining retail buildings at 24 and 25 Drury Street, Dublin 2, which will show an immediate return of 5.6 per cent.
David Carroll of Bannon, who handled the sale, said “The investment team is the progress of finalising another sale along the street which received similar strong interest and will make it the fourth transaction on Drury Street the team have concluded along this stretch in the last 18 months”.
More good News for Dublin’s Office Market
Airbnb, the world’s leading community-driven hospitality company, last Friday marked the official opening of its new Dublin office with Taoiseach Enda Kenny T.D. announcing the creation of an additional 100 new roles which increases to 200 new roles in Dublin.
IBEC’s prediction of domestic growth good news for Retail
The Irish economy will grow faster than previously expected as 50,000 jobs are created and consumer spending improves, business group IBEC said in a new report.
Grafton Street’s ‘Bus Stop’ sells for almost €3.4m
Signature Capital, the Irish-German real estate investment company, has bought the Bus Stop newsagents shop at 6 Grafton Street in Dublin 2 for almost €3.5 million. The investment will show an initial yield of 6.5 per cent.
Modern Retail Warehouse Park Units in Carlow for Let
Modern, purpose-built Retail Warehouse Park, Barrow Valley Retail Park is available for Let on new leases. It is a high profile location with over 500 metres frontage to the N80 Northern Relief Road. Easily accessible, convenient location 2km from Carlow Town Centre, which has a population of 23,030.
Blackrock Business Park – For Sale or To Let
New to the market is Block 9 Blackrock Business Park, Blackrock, Co. Dublin – For Sale or To Let (On the instructions of Brendan O’ Donoghue, Russell Brennan Keane (Receiver).
