A handful of Irish-related shares, including Tullow Oil, Glanbia and Bord Gáis owner Centria, were among the big stock market losers in Europe in the past year. Flutter Entertainment, which owns Paddy Power and Betfair, as well as Ryanair and Kerry Group were, however, among the big winners.
Five Cork Airport Business Park office buildings, totalling 120,000 sq ft, including two let to Amazon, and which had been by a Norwegian billionaire for over €15 million five years ago, have been sold off-market to an Irish/UK joint venture for over €20m.
Former Minister for Communications Denis Naughten has warned that if the proposed National Broadband Plan falters between now and the signing of the contract he does not believe that there will ever be high-speed broadband in rural Ireland.
The directors of Staid Cois Laoi, the company tasked with running the redeveloped Páirc Uí Chaoimh, will meet in the next fortnight, with Munster rugby games, financial compliance, and naming rights for the stadium expected to feature on the agenda.
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.
Hurling Development Committee (HDC) chairman Paudie O’Neill feels attitudes from both managers and officials towards the Allianz Hurling League will change in the wake of Saturday’s historic All-Ireland SHC vote.
An Irish index that takes monthly snapshots of wholesale costs of energy has recorded “significant” rises in electricity and oil prices last month, but the surging value of the euro is helping to soften any potential price hikes for consumers.
It’s not often you hear a hurler admit he’s not exactly suited to a position. Don’t get Shane O’Donnell wrong, he absolutely loves being the only inside forward, but he wouldn’t say his is the ideal body size for the role.
The international fund that is completing the €1 billion buyout of Viridian — which owns the Energia and NI Power firms across Ireland — is seeking out more opportunities to acquire energy assets here, in a move that may likely heighten competition in the Republic.
An investigation into “serious financial impropriety” in Gas Networks Ireland north and south of the border has resulted in a fine of £500,000 (€644,122) in the North and sanctions against four employees of the company in the Republic, the Irish Examiner has learned.