John Mccartney

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“Owners of more valuable assets obviously stand to benefit more from a rising market, so it should be no surprise that some potential traders-down are opting to hold on rather than sell”
Property downsizing falls sharply as adult children stay at home

Have you ever felt as if the kids will never leave home? Well, your fears could be justified, according to a new report from Savills Ireland, which fi(...)

Berlin, where just about 14 per cent own their own homes compared to about 60 per cent in Dublin. Photograph: John MacDougall/AFP/GettyImages
Have the Irish given up on owning their own homes?

We may look to Boston when it comes to business, but when it comes to home ownership, it’s another story. While we might not be looking to emulate Ber(...)

Savills noted headline rents for prime business space in Dublin city centre had more than doubled since 2012. Photograph: Eric Luke
Prelet deals account for nearly half of leased Dublin offices

Nearly half the office space leased in Dublin during the last quarter of 2016 has not even been built yet, according to a study by Savills. The estat(...)

Most forecasters are predicting property price inflation of 8% for 2017. Image: iStock
Irish property price slowdown described as a ‘temporary pause’

The first reversal in house-price growth in several months was immediately explained away by Savills as a “temporary pause”. The estate agent claime(...)

The Burlington Plaza Office office block in Dublin 4, where tenants include Sky and Bank of Ireland
Nama set to sell €1.5bn Project Tolka loans to Californian firm

The National Asset Management Agency has selected Californian investment firm Colony Capital as preferred bidder for a portfolio of loans with a par v(...)

“While there is a considerable amount of new office space under construction, this is unlikely to flood the market”
Dublin office rents could rise to new record by 2018

Headline office rents in Dublin could rise to a new record of €67 per square foot by 2018, according to new research from property agent Savills. Th(...)

The Irish Times Business Podcast: Why do Irish consumers pay more online?
Business Podcast: Paying the Paddy levy

If you’ve shopped online and you’re Irish you may be familiar with the feeling that you are being ripped off by international retailers. Geo-blocking (...)

Outside of Dublin, there are 27,000 less rental properties since 2011
Landlords disappointed at lack of tax breaks in new rental strategy

“Is that it?” broadly characterised a somewhat deflated response to Minister for Housing Simon Coveney’s rental strategy from those on the rental hous(...)

Savills is forecasting rental growth of just under 10 per cent in Grafton Street by the second quarter of 2018. Photograph: Cyril Byrne
Retail rents to grow 7-10% over next two years – Savills

Retail rents are likely to grow by between 7 and 10 per cent over the next two years, according to a report from property consultants Savills Ireland.(...)

Supply-side plans: Construction costs such as levies and tax take need to be addressed if major apartment schemes are to become viable in 2017. Illustration: Getty
Low housing stock will fuel accelerating price inflation, say analysts

Marian Finnegan, Chief economist, Sherry FitzGerald New dwelling sales encouragingly increased during the second quarter, totalling about 2,400 i(...)

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