Housing Solutions and Growth on the Agenda at the Donegal Dublin Business Network
/in Events, Economy, News, Real EstateThe challenge of creating innovative housing solutions was on the agenda at the most recent meeting of the Donegal Dublin Business Network (DDBN) as Eoghan Murphy TD, Minister for Housing, Planning and Local Government, addressed the organisation. A panel discussion on the subject of housing took place at the group’s April gathering in Iveagh House […]
Monthly unemployment rate of 5.9% April 2018
/in Economy, ReportsThe seasonally adjusted unemployment rate for April 2018 was 5.9%, down 0.1% from the revised rate of 6.0% in March 2018 and down from 6.8% in April 2017. The seasonally adjusted number of persons unemployed was 140,300 in April 2018, down from 143,500 when compared to the March 2018 figure and a decrease of 16,700 when […]
Davy seeks to double size of Irish property fund
/in Acquisitions, NewsDavy’s Irish Property Fund, where holdings include a controlling stake in the Nutgrove Shopping Centre in Rathfarnham in south Dublin, is understood to be seeking fresh investment as it plans to double in size over the next three years from its current value of €284 million. The fund, which Davy inherited when it took over Prescient […]
Smyths Toys to buy Toys ‘R’ Us German and Austrian stores
/in Acquisitions, News, RetailSmyths Toys, the fast-growing Galway-based retail group, has agreed a deal to buy the Toys ‘R’ Us business in Germany, Austria and Switzerland. It is Smyths’ first foray into mainland Europe. The deal will see the Irish business buy 93 shops and four online stores. Investment bank Lazard was hired to find buyers for several […]
Residential property prices rise by 13.0% in the year to February
/in News, Real Estate, ReportsIn the year to February, residential property prices at national level increased by 13.0%. This compares with an increase of 12.0% in the year to January and an increase of 9.7% in the twelve months to February 2017. In Dublin, residential property prices increased by 12.7% in the year to February. Dublin house prices increased […]
Hines completes €165m purchase of high-profile Dublin city centre site
/in Acquisitions, Investment, News, RetailInternational real estate investor Hines has completed the acquisition for €165m of Chatham & King, a high-profile mix of offices, shops and apartments next to the Gaiety Theatre on South King Street in Dublin city centre. In acquiring the scheme from US private equity giant Lone Star, Hines fended off three rival bids. Two of […]