Explainer Explainer: Office letting activity appears to have turned a corner - here’s whyA new report from BNP Paribas Real Estate Ireland reveals signs of a turnaround in the office letting sector
Construction Construction activity slumps in June despite housing boomThe data from BNP Paribas Real Estate Ireland said commercial activity was down due to a number of completions in the month
Commercial Property Large volumes of new Dublin offices to lie empty upon completion Completion of unclaimed office blocks is likely to drive up commercial property vacancy rates, experts have warned
Construction Residential and commercial construction continued three-month growth in MayAlmost 90 per cent of building firms expect to be as busy or busier in one year’s time, compared with 81 per cent nine months ago, according to BNP Paribas
Property Housing commencements outstrip completions amid construction surge Building activity grew at the fastest rate in two years last month, new figures show
Commercial Property Analysis: Dublin office space completion rates soaring, but it’s not good news for stakeholdersFigures to be released today will show more office completions in Dublin in the first quarter of 2024, than in all of 2023
Commercial Property Office space leased in Dublin falls to three-year lowLong-term structural challenges to office demand, such as remote working, appear to be easing, according to BNP Paribas
Property Construction activity returns to growth but concerns over pipeline slowdown BNP Paribas Real Estate Ireland Construction PMI showed renewed increase in both housing and commercial activity last month
investment Commercial property investment slumps to ten-year low Office real estate investment was impacted by ‘continued weak sentiment’ as property deals fell to 2013 levels, according to BNP Paribas
Housing Analysis: Whatever the housing target, it looks like the state is stuck at current levelsAs Department of Finance officials warn the state’s housing target must be increased to 50,000 homes, it’s difficult to see how that number could be achieved
Housing Housing targets ‘likely to be missed’ this yearNumber of dwellings under construction in Dublin in February was a fifth lower than 18 months ago, financial services firm BNP Paribas says
Property Decline in house building softened last month A new analysis notes that consumers buying new homes are benefiting from ‘substantial state subsidies’, which are bolstering activity in the market
Commercial Property BNP Paribas Ireland forecasts Dublin office market on back foot until 2027Office market will get worse before it gets better, according to report, with peak vacancy forecast for 2025
Commercial Property 78,000 extra jobs needed to fill oversupply of Dublin office space by 2025New analysis from BNP Paribas shows that vacancy rates in the commercial property market will get worse before getting better
Property Decline in construction activity slows in DecemberUp-tick in employment and housing project fosters sense of optimism in construction sector
Property Construction activity drops at sharpest rate this year, down 6%Activity in the construction sector fell for the fifth consecutive month in November
Property Contraction in residential construction activity ticks up in October Housebuilding was down 7.5 per cent month on month,bucking other positive trends in the sector
Commercial Property Retail contradiction sees rents rise but capital values fall Latest research reveal yields are continuing to rise but values decrease which is attracting Irish investors
Commercial Property Value of Irish commercial office properties plunge to their lowest level in over a decadeNew figures from MSCI show the average value of office buildings in Ireland have fallen to their lowest level since 2013
Commercial Property Distress signals from the office marketThe seizure of the €100m Beckett Building in Dublin’s East Wall by receivers is seen by many as ‘the canary in the coalmine’ for the commercial property sector