CRH’s confirmation of its intention to sell its European distribution business for more than €1.6bn has met a lukewarm response from investors despite the likelihood of more money being returned to them as a result.
Tue, 16 Jul, 2019
AN overseas property investment company acquired over 300 apartments in Cork in 2018, in two strong swoops for €67m combined - instantly making it the region’s largest PRS [Private Rented Sector] landlord to date.
Thu, 10 Jan, 2019
AN overseas investment fund, as yet unconfirmed, is the buyer of the c€30 million residential-led investment sale of the City Square development, in Cork City’s Blackpool, which has a weekly income of €40,000, or c €2m per annum.
Thu, 12 Jul, 2018
THE quiet market sale of a €30m-plus residential development, totalling 165 apartments in Cork’s Ballincollig, is likely to see a continuation of overseas buyers and funds now looking for multi-family investments of scale, outside of the Dublin market.
Thu, 03 May, 2018
THE imminent sale of the Elysian tower development to an as-yet unconfirmed international fund, with 217 fully let apartments and commercial units at what’s understood to be a 5% return, may see a snowball effect of REITs and funds interested in Cork city’s multi-family unit sector.
Thu, 22 Feb, 2018
A number of new office occupiers and sale deals are coming to an end-of-year close in the heart of Cork city, at Lapps Quay, at City Quarter, and at the Elysian, where a new walk-in medical clinic is set to open next month and where a new restaurant letting is agreed. Plus there’s 12,000 sq ft of offices at the Elysian under active negotiation via Lisney.
Thu, 30 Nov, 2017
Thu, 01 Sep, 2016
Sun, 24 Jan, 2016
Sat, 23 Jan, 2016
Sat, 02 Jan, 2016
Cork-based property developer Michael O’Flynn will gain control of around 500 acres of developmental site assets in Ireland and the UK as part of the resolution of his long-running legal dispute with US private equity firm Blackstone Capital.
Sat, 14 Feb, 2015