Property

CBRE Market Outlook 2022 report
News Property
Takeaways from the CBRE Market Outlook 2022 report
The CBRE Group published their Ireland Market Outlook 2022 earlier this year. CBRE is one of the world’s largest commercial real estate services and investment firms, with 2020 revenues of $23.8 billion. It’s interesting to keep an eye out to see how the property sector aligns with the overview as the months pass by. Key takeaways from the report: – Continued momentum in transactional activity in all of Ireland’s property…
housing shortage
News Property
FDI unimpeded by housing shortage – IDA
Foreign investors are aware of the housing shortage in Ireland, but don’t see it as a “huge constraint”, according to IDA Ireland chief executive Martin Shanahan. At a recent Shannon Chamber of Commerce event, Shanahan said: “I don’t think (the housing shortage) is acting as a huge constraint yet because investors can also look at the data and look at the plans that are envisaged by Government in terms of increasing housing…
Corry Rathowen Co Westmeath
News Property
Murtagh Bros – Corry, Rathowen, Co. Westmeath – 02/06
Murtagh Bros bring to auction via LSL Auctions a property at Corry, Rathowen, Co. Westmeath on Thursday, 2 June 2022 at 15:00. 3 Lots Lot 1: Outstanding c.84 acres Farm with a good range of outbuildings including a 4-bay hayshed together with c. 58.5 acres of excellent grazing land and c.25.5 acres of forestry. Lot 2:  C.25.5 acres of Forestry. Lot 3: THE ENTIRE. C.84 Acres Farm with a range…
rental market
News Property
Private landlords’ exit impacts the rental market
A new report by economist Jim Power concludes that the changing and challenging regulatory and taxation environment is largely responsible for private non-institutional landlords leaving the rental market. This while rents are going up and the supply is coming down… High taxation, rising rentals, and high maintenance costs are some of the reasons investors are exiting the market. The study also found that Rent Pressure Zones, which limit the extent…