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Dublin office rent has grown by nearly 25% in a year
Landlords are taking advantage of high demand to jack up prices and row back on incentives for renters.
Your contributions will help us continue to deliver the stories that are important to you
Landlords are taking advantage of high demand to jack up prices and row back on incentives for renters.
Investors are buying up property to feed the rental market, which is full of people who don’t want to take on too much debt.
When it comes to debt, many Irish hotels beat off all comers.
Savills has warned that quality office space is becoming more rare.
The sale is a sign of increased levels of activity at the top of the market, Savills said.
Sales are up 150 per cent in the first three months of this year, compared to the same period in 2013.
Prices in Dublin might be up 15.7 per cent since last year but national prices, excluding the capital, are down 0.4 per cent.
The building costs Avoca €430k to rent a year, and they have a 25-year lease.
Loreto Abbey was put on the market by David Carson, receiver of Lozeto Ltd.
The apartments are up for sale after receivers were brought in.
The four-storey building is up for rent after HMV closed down all of its Irish stores in February.
The giant building in Dublin city centre which has housed various banks since 1867 is being put up for sale by NIB’s owners Danske Bank.
Development in Ranelagh, Dublin 6 being put to market with apartments, office space and car parking in one lot.
Real-estate firm Savills says that the average number of houses for sale in Dublin has fallen by 30 per cent in the last year.
Promotional material for the sale of the former home of ex-Taoiseach Charles Haughey incorrectly stated that Margaret Thatcher and Colonel Gaddafi were once guests at the mansion.
It once played host to Luciano Pavarotti…
It comes with a house, restaurant and “state of the art” hangar facilities. Oh, and 28 stables.