Office sector: returns up by  4.6 per cent in third quarter

The property index compiled by agents JLL confirms that that the commercial property market is performing strongly with overall returns up 7.7 per cen(...)

Jll promotions (from left):  Christian Moore, Mark Synnott, Paddy Cusack, Hannah Dwyer, Woody O’Neill, John Moran (MD), Aengus McCarthy, Jaqueline Fitzpatrick, Dara Byrne, Brian Shields, and Daniel O’Connor

Estate agents JLL Ireland has just appointed 10 of its staff to “divisional” and “associated director” level. The company recently moved to 1,208sq m(...)

Overall rental values increased in the last three months by +2.9 per cent with industrials showing the greatest increase (+9.2 per cent), followed by offices at +3.5 per cent

The ongoing recovery in the commercial property market shows no signs of slowing down. The JLL Irish Property Index published today indicates that ov(...)

Rents for industrial premises were up 2.8 per cent in the first quarter of 2015

The JLL Irish Property Index recorded a steady start to the year, with overall returns in the first quarter up by 4.1 per cent.The 35.2-per cent rise (...)

JLL says 95 per cent of investment transactions in Q1 were for Dublin assets while 93 per cent of total volumes were for offices with retail at 4 per cent and mixed-use at 2 per cent. Photograph: Eric Luke / THE IRISH TIMES

New research from agent JLL suggests the Irish property investment market got off to a solid start this year with almost €1 billion transacted in Q1, (...)

MacDonagh Junction, Kilkenny – around €17 million for a  50 per cent stake in the core arcade as well as full ownership of a number of other shops and offices on site

Six provincial shopping centres, valued before the property crash at €400 to €450 million are to be offered for sale in one lot at over €115 million.(...)

JLL’s head of research Hannah Dwyer says  no one predicted the strength and pace of the recovery which has been seen over the past 12 months

Overall returns from the Irish commercial property market have now been in positive territory for the past 13 quarters. The JLL Irish Property Index p(...)

The largest transaction of the year was Project Sapphire which Cosgraves sold to Green REIT for € 375m in Q2. It included the Westend Retail Park in  Blanchardstown, west Dublin.

Investment in Irish commercial property reached a record high in 2014, with some €4.5 billion invested. This represents a 25 per cent increase on the (...)

Hannah Dwyer:  said that total volumes had been boosted by four large portfolio sales

The total amount of capital invested in Irish real estate during the past three month was higher than in any other quarter in history. Between July an(...)

Dublin offices showed the greatest increase in rents, rising by 16.9 per cent over the past 12 months.   Photograph: Dara Mac Donaill

Commercial property values are continuing to recover, rising by 5 per cent in the last three months and by 19.4 per cent in past year. In spite of th(...)