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Ireland's commercial property outlook

January 9, 2012

The ongoing Eurozone debt crisis and market volatility will continue to dominate headlines over the next 12 months, but local economic, financial and political decisions will be the primary drivers of pricing and transaction volumes in the Irish real estate sector.

Update on the Irish Commercial Property Market - Mid Year 2011

June 30, 2011

A summary of trends and transactions in all sectors of the Irish Commercial Property market at mid year 2011.

UNUSUAL DYNAMIC IN THE IRISH COMMERCIAL PROPERTY MARKET

May 5, 2011

Encouraging levels of activity continue to be recorded in the occupier sectors of the commercial property market in Ireland and the number of properties being brought to the market has increased in recent months. However, despite the fact that property values are now showing signs of stabilising, activity in the investment sector of the Irish market remains disappointingly weak, with potential investors holding off making investment decisions, primarily as a result of the uncertainty prevailing regarding Government proposals to retrospectively review rent clauses in all business leases.

March 2011 Update on Trends in the Irish Commercial Property Market

March 1, 2011

A summary of key trends and transactions in all sectors of the Irish commercial property market in the first two months of 2011.

Irish Election Proposals to Amend Rent Clauses in Business Leases

February 15, 2011

A ban on upwardly only rent review clauses was introduced in Ireland under section 132 of the Land and Conveyancing Law Reform Act which came into operation last year. Under this legislation, upward only review clauses are banned in all new leases signed since February 28th 2010 but existing lease contracts that contain the upward only mechanism remained intact. With a general election due to take place on February 25th 2011, the manifestos of two parties Fine Gael and Labour expressly state that they will look at retrospectively banning upward only rent reviews in existing business leases if they get into power.The implications of such a proposal will have very significant impacts for the Irish economy.

Irish Commercial Property - Outlook 2011

January 18, 2011

A summary of key trends in the various sectors of the Irish commercial property market and indications of expectations for 2011.

Ireland - The Latest Update?

November 29, 2010

Summary of economic conditions and the real estate sector post IMF bailout announcement

Survey of Top 1,000 Chief Executives in Ireland

November 15, 2010

A postal survey of the Chief Executives of the Top 1,000 Companies in Ireland conducted in November 2010

November Bi-Monthly Update from CB Richard Ellis

November 1, 2010

Summary Update of Trends in the Irish Commercial Real Estate Sector - November 2010

Ireland - Where To From Here?

November 1, 2010

Summary of the realities of the Irish economic situation and knock-on implications for the commercial property sector.

Ireland - Where To From Here?

October 5, 2010

Summary of the realities of the Irish economic situation and knock-on implications for the commercial property sector.

Dublin Now More Competitive As A Location for Foreign Direct Investment

August 17, 2010

► Despite office rents and business costs generally being considerably higher in the Irish capital than in many competing cities over the last 10 years, Dublin accounted for a greater proportion of foreign direct investment and office letting activity than the other competing cities, which CBRE primarily attribute to the more favourable corporation tax rate.

Dublin Retail Market - Mid Year Review 2010

July 15, 2010

Review of conditions in the Irish retail market as at Q2 2010

The Dublin Office Market - Mid Year 2010 Update

July 15, 2010

Review of conditions in the Dublin office market as of the end of Q2 2010

Introducing Residential Property Tax in Ireland

July 1, 2010

Review of Government proposals to introduce a residential property tax in Ireland

Signs of Stabilisation in the Irish Commercial Property Market

July 1, 2010

Review of Trends in the Irish Commercial Property Market

The Irish Economy & Commercial Property Market - An Update

June 15, 2010

An update of trends in the Irish Economy and the Irish Commercial Property Market - June 2010

NAMA - A simple Explanation

June 15, 2010

What is NAMA and how will it operate?

Commercial Real Estate Debt - Not Just an Irish Problem

June 15, 2010

Following the acres of newsprint that have materialised following the establishment in Ireland of the National Asset Management Agency (NAMA), one would be forgiven for assuming that Ireland is the only country in Europe to experience an economic or property market downturn or have issues with problem debt and levels of impairment. In fact, despite the very significant downturn experienced in the Irish market, it is facing similar problems to many other countries.

The Irish Commercial Property Market - Signs of Stabilisation Emerging

April 29, 2010

While transactional activity in the Irish commercial property market is still performing below capacity, activity in all sectors of the market is up on a quarterly and on an annual basis. Prime rents and yields have now firmly stabilised and total returns from Irish commercial property in Q1 2010 were positive for the first time in over two years which is encouraging.

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This author consults with leading institutions through GLG