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Irish Life

Economics

Irish commercial property market could lose €10bn in value in 2023

Significant write-downs are expected in response to rising interest rates and reduced demand, while values across retail, industrial, logistics, office and residential units could fall between 10 and 20 per cent this year
  • Lorcan Allen
  • January 21, 2023
Commercial Property

Tech lay-offs and rising interest rates create chilly environment for Irish property investors

Significant write-downs in the value of Irish commercial property seem inevitable this year as markets adjust to the changed macro-economic environment
  • Lorcan Allen
  • January 21, 2023
Housing

New-build apartments on Airbnb for €5,900 a month

New-build apartments intended for long-term lettings are being advertised on Airbnb at more than double the regular price
  • Killian Woods
  • November 19, 2022
Planning

Google’s landlords seek to block office redevelopment

Irish Life, owner of the Velasco Building, is one of two firms objecting to Hibernia Real Estate’s proposed construction of an eight-storey office block on Clanwilliam Place in Dublin 2
  • Killian Woods
  • November 12, 2022
Commercial property

Deutsche Bank and Morgan Stanley among big tenants securing Dublin offices

Large spaces at 2 Grand Canal Square and 24-26 City Quay have been taken up, showing robust demand in commercial lettings market
  • Tina-Marie O'Neill
  • June 17, 2022

Irish Life rebukes Limerick council over ‘negative’ plans for shopping centre

Life and pensions group criticised the local authority over a proposal to rezone a retail park it owns on the outskirts of Limerick city centre
  • Donal MacNamee
  • January 19, 2022

BoI leading race to buy Davy Stockbrokers

Bank may require assurance there will be no more fines or sanctions against stockbroker as a result of past breaches of regulations
  • Barry J Whyte
  • May 2, 2021

Lidl gets go-ahead for new €5.5m Talbot Street store

The new store will take over the entirety of Talbot Mall, create 35 new permanent jobs and will support up to 100 jobs during the development and construction phases
  • Lorcan Allen
  • May 2, 2021

Shopping centres owner takes action against Claire’s Accessories over rent arrears

Hammerson, which owns the Ilac Centre, Dundrum Town Centre and Swords Pavilions, has sought a summary judgment against the US retailer
  • Killian Woods
  • March 17, 2021

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