Property group chief foresees ‘winners and losers’ in office sector post-Covid
Colm Lauder
Market Beat: Prime apartments in Dublin generate rent to deliver an investment yield of about 3.6%
Profit rises slightly in the first half for Dundrum Town Centre owner
With Brown Thomas’s expansion delayed, the mall looks to other areas for reinvigoration
Group also signals likely movement of property management in house
Couples in Dublin are shunning the confines of a one-bed apartment as they struggle to both work and live in two rooms
Covid-19 has decimated retail trading in the city centre
City centre space looks secure in terms of value and rents, but secondary locations and retail will suffer
Commercial property investor completed deals in Kildare, Offaly and Dublin
Queues outside Penneys should not be taken as barometer of future viability of high street
Labour and Sinn Féin both advocate three-year rent stall as part of housing policy
Domestic residential prices projected to flatline in 2020 and drop 1% in 2021
Shares in the State’s largest landlord fell 5.5% in early trading
Frenetic growth under the company’s founder, Adam Neumann, may weigh it down for years
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