COMMERCIAL PROPERTY

Hot auction action in Dublin and Cork

A HEATWAVE was promised for this week - but, as much heat will be generated by a flurry of auction action. 

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High-octane Cork apartment site

A PEARL of a riverside Cork site, between the gates of UCC and the city centre, is for sale for €2.5m.

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Offices all the biz in the Cork scene

IN the first five months of 2015, office activity in Cork has been dominated by the FDI sector, with five substantial transactions completed.

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PLANNING NOTES: Togher Road SuperValu goes for super-size

A busy southside supermarket in Cork City is proposed for expansion into a neighbourhood centre.

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New wave centre opens

Exactly two years after a sod-turning ceremony on the site, An Taoiseach Enda Kenny will officially open the new Beaufort Building in Ringaskiddy on July 11.

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Hit the lofty heights

Knocklofty House may trigger a memory from the 1970’s.

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Property will appeal to those in equine sector

Warrenstown is possibly best remembered in the agricultural community for the very fine horticultural and agricultural college based there until the 2000s. 

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Well-kept convent a ‘godsend’ for €225,000

The sale of convents around the country chronicles the rapidly changing status of the Catholic Church, one of Ireland’s largest and most enduring institutions.

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Set your Compass for Cork

THE remaining zoned land of McInerney Homes, Ireland’s largest house builder during the boom, is now on the market through DTZ Sherry FitzGerald, on behalf of Kieran Wallace and Padraic Monaghan, of KPMG, the receivers.

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Built for €37m and sold for €9m, Radisson Blue is typical of hotels developed at end of boom

The year 2005 was Ireland’s ‘if you build it, they will come’ period. Much was built, but the conventional wisdom that property couldn’t lose money, was hitting the skids.

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City Island still afloat

BALLYMORE Properties has not gone away.

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€1.2m for Emmet Place Costa Coffee building

STARBUCKS and Nando’s are coming to Cork City’s Emmet Place — and, now, an investment property linked to long-time developer/investor, Robin Power, and which is let to two food operators, is for sale there, priced at €1.2m.

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Hunger for new restaurants in Carrigaline and Midleton continues

The Irish economy’s pick-up continues to feed, and be fed by, new restaurant openings in Carrigaline and Midleton, with established operators to the fore.

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Sligo’s Markree Castle bought

LEAVING Cooper family hands for the first time since Cromwellian days is Sligo’s historic Markree Castle, the latest in a quickly expanding list of Irish hotels and castles changing hands along with the likes of Adare, and Ashford, while Waterford Castle is also up for new ownership.

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Iconic Algiers Inn making waves in Baltimore

WEST CORK has a few iconic bars with a reputation spreading over the waves — and the Algiers Inn is definitely up there with the best of them, hosting celebs, slaking thirsts and appearing in movies, ads and TV shows.

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Cork's Paul Street bookstore is set for cafe use

A former bookshop in Cork City centre has permission to be changed to a cafe/restaurant, following a recent planning decision.

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Castlemartyr - the king of hotel resorts

ONE by one, Munster’s jewel resort hotels are finding appreciative new owners and investment: now, the stunning, five-star Castlemartyr Resort, in east Cork, may join the changing of the guard of ownership, having been developed at a cost of €70-€80m in the mid-2000s.

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A ‘Grand’ opportunity in Cork

There’s sheer, distinctive profile and a unique setting at No 46 Grand Parade — a period Leeside building linking Cork city centre and its South Mall to the proposed new events centre on South Main Street.

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Open offices upgraded

TWENTY Years a Growing, or Fiche Bliain ag Fás, is a classic memoir of 20th century Irish literature — but, in the case of a Cork city office building, it’s more like a case of Five Years, and no Fás.

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Hotel sales bed down

HOTELS in Cork, Kerry, Clare and Tipperary all feature in the latest burst of investor and end-user activity in the hospitality sector market.

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Building on 10-year lease to Logitech at Cork Airport Business Park up for sale

A single building let to Logitech at Cork Airport Business Park is for sale for €2.4 million, a year after the separate sale of five investment buildings there to Norwegian trust Adel Crest, for €15.1 million.

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Sales of hotels continue

New owners of Cork city’s Metropole Hotel are the Philips Hotel Group, who acquired the Cork International Airport Hotel, for c €5m, back in 2012.

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New landing at airport

Office activity in Cork’s suburbs, especially from FDI companies, has picked up sharply in recent months, according to agent Paul Hannon of Lisney.

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A Bandon banker

Going against the flow of bank-branch closures, the former West Cork branch of Permanent TSB, in Bandon, is for sale or to let, only because the bank has relocated to a larger premises.

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Former Presentation Convent in Listowel back on market

There’s been interest and a few site visits in advance of the sale by tender of the former Presentation Convent, in Listowel, Co Kerry.

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Beat a path to Trailfinders

INVESTORS seeking a return close to 13% on their €1m investment should beat a path to Cork’s Marlboro Street and to nos 40/41, home to travel company Trailfinders, which is occupying on a 25-year lease from 2006.

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Here comes the bridal centre

Bigger than a wedding marquee - that’s the proposed new national Bridal Centre.

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