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Rents set to increase by 40% at Ilac centre
New Zone A rent levels emerging in the centre of €3 ,229 per sq m (€300 per sq ft) will still be only about half the going rate on Henry Street, writes Jack Fagan
Returns of 2.2% in Q1 lowest in three years
Some of the bad news from the residential market has spread to the commercial sector with the lowest quarterly returns for three years being reported today by the SCS/IPD Index.
Other Stories
Prices from €540 a night at a new luxury hotel in east Cork
Hotel Sector A new luxury-style hotel will open this August on the scenic Castlemartyr estate in east Cork.14.3 acres with potential in Leixlip for €7 million
Development Land Prime residential land of 14.3 acres outside Leixlip, Co Kildare, is for sale by private tender with a guide of €7 million through agent Coonan Real Estate Alliance.€5.3m for offices on Waterloo Road
Investments Two Georgian-style office buildings at 87/89 Waterloo Road in Dublin 4 - sold after auction in February last - are back on the market without their rear gardens.31-acre Carlow site to make over €20m
Residentia lLand Carlow's ever increasing popularity as a commuter town is expected to lead to competition among a handful of housebuilders for a residential site which has just come on the market on the Dublin Road, just outside the town.Airside Retail Park unit to rent at €402,000
Retailing Space is available to rent at Airside Retail Park, the largest purpose-built retail park development in the State. Unit 4, a 934sq m (10,053sq ft) facility, is expected to attract an annual rent of over €402,000, according to letting agent Jones Lang LaSalle.New Nordic designs revealed at Stockholm fair
The Stockholm Furniture Fair displayed Scandinavian talent for making timeless and contemporary creations out of natural materials, writes Emma CullinanUrban Outfitters for Dundrum Town Centre
Retailing The hip US fashion chain will be the first major trader in the newly completed Fashion Street area of the complex, writes Jack FaganFinglas gardens make 1.36 acres for over €7.5m
Redevelopment Site A group of neighbours living on Clune Road, Finglas, are offering their rear gardens collectively to form a substantial landbank.Clontarf houses on 0.46 acres for over €2.8m
Redevelopment Land An interesting redevelopment opportunity will arise shortly on the Howth Road in Clontarf, Dublin 3, when two detached bungalows on a site of almost half an acre are sold at auction.Bank of America to move to Park Place
Office Lettings The bank is taking two floors in the Hatch Street scheme at a rate of €624-€646 a sq m, says Gretchen FriemannOver €20 million for 15.8-acre site in Naas
Redevelopment Site A high profile redevelopment site off the N7 at the entrance to Naas, Co Kildare, is to be offered for sale by tender on June 7th.Design competition to replace Liberty Hall
Redevelopment Siptu is to opt for an architectural competition to design a replacement for its headquarters, although it will be a few years yet before Liberty Hall faces the wrecker's ball, writes Gretchen FriemannGeorgian on Leeson Street for €3.25m
Investments An attractive Georgian office building at 54 Upper Leeson Street, Dublin 2, may well be converted into residential use once it it sold shortly by Lisney.In Short
Other commercial property stories in briefCleaning firm turns a tidy profit in competitive trade
Trade Names Suppliers to the cleaning business for over 30 years, G O'Donoghue & Son Ltd is still innovating to stay ahead, writes Rose Doyle
