4 Ready-to-Go Dublin Sites

Knight Frank are delighted to introduce to the market four superb ‘ready-to-go’ development sites located at Mill Street in Dublin 8, Parnell Road in Dublin 12, Church Road in Swords and Haydens Lane in Lucan. We now outline details of the sites as follows: Mill Street, Dublin 8 The subject site extends to approx. 0.57 Read more about 4 Ready-to-Go Dublin Sites[…]

€4.3bn in sales as long-term investors pour in

2016 was a very strong year for commercial property sales in Ireland. This is reflected in an expected out-turn of €4.3bn in transactions which Knight Frank’s investment analyst, John Ring, says will have been completed by the end of this year.   The €4.3bn figure contained in the analysis by Knight Frank is significant, coming Read more about €4.3bn in sales as long-term investors pour in[…]

Ballsbridge is experiencing heightened development activity, spurred by increasing rents and a low vacancy rate

Background Ballsbridge is a prime office district commanding amongst the highest real estate values in Dublin. There is approximately 1.4 million sq ft of standing office stock in the area with a low prevailing vacancy rate of just 3%. Amenities in the area include The Aviva Stadium, The Royal Dublin Society and Herbert Park, with Read more about Ballsbridge is experiencing heightened development activity, spurred by increasing rents and a low vacancy rate[…]

Grafton Street retail rents rise 25% to €6,500 per sq m

Introduction This blog post discusses the significant rebound in occupier, investor and development activity in Grafton Street, Dublin’s premier retail destination. For a more detailed analysis of Grafton Street, click here to read Knight Frank’s Grafton Street Market Analysis Report 2016. Occupier Market Grafton Street is experiencing a significant rebound in occupier interest with a number Read more about Grafton Street retail rents rise 25% to €6,500 per sq m[…]

Reaction to Budget 2017

Residential Property The government has announced the introduction of a Help-to-Buy Scheme which is aimed at assisting first-time buyers of new homes in meeting the deposit requirements under the Central Bank’s macro-prudential rules. The scheme will benefit first-time buyers substantially. Based on a newly built apartment worth €280,000, a first-time buyer could potentially obtain 41% Read more about Reaction to Budget 2017[…]

€43.7 billion invested in the European commercial property market in Q2 2016

  A total of €43.7 billion was invested in the European commercial property market in Q2 2016 according to the latest Knight Frank European Quarterly Commercial Outlook Report. The value of transactions in the first half of the year now stands at €81.1 billion. This represents a 25% decrease in comparison to the first half Read more about €43.7 billion invested in the European commercial property market in Q2 2016[…]

Strong rebound in EastPoint with vacancy now just 3%

EastPoint is located on 40 acres of land reclaimed by Dublin Port during the 1960’s and ‘70’s. Developed on a building by building basis, it has grown into a landscaped office park consisting of 37 buildings housing 7,000 workers. Originally earmarked as a site for a city airport, its heritage as an office campus can Read more about Strong rebound in EastPoint with vacancy now just 3%[…]

THE MOST PRESTIGIOUS ADDRESS IN DUBLIN

On target for completion in December 2017, 10 Molesworth Street will provide 115,260 sq.ft. of Grade A office space over seven floors with generous roof terraces and private gardens.  If required early access for tenant fit-out is available from September 2017. The building is the first new office building in Ireland to target LEED Platinum Read more about THE MOST PRESTIGIOUS ADDRESS IN DUBLIN[…]

Strongest performing quarter ever recorded for the Irish commercial property market, with €2.1 billion worth of investments changing hands

€2.1 billion worth of investment transactions changed hands during the second quarter of 2016, making it the strongest performing quarter ever recorded for the Irish commercial property market. Year-to-date, transactions are almost €1 billion ahead of the record breaking year of 2014.   The staggering level of investment activity can be attributed to the fact Read more about Strongest performing quarter ever recorded for the Irish commercial property market, with €2.1 billion worth of investments changing hands[…]

The vote to leave the European Union creates both threats and opportunities for Dublin’s office market.

Economic uncertainty is never a positive for any market, and in the short-term Brexit adds a considerable helping of uncertainty which will act as a drag on activity over the summer months. Looking beyond the short-term, the longer-term impact is more nuanced with both downside and upside forces at play. For the office market, we Read more about The vote to leave the European Union creates both threats and opportunities for Dublin’s office market.[…]