An international institutional investor and property developer with billions of euros in assets globally has acquired Cork city centre's Half Moon Street development, home to 700 Apple employees, for about 10% over its €34 million price guide.
Wed, 04 Sep, 2019
HAVING a major employer, with 2,500 jobs, over the boundary fence is expected to underpin developer/builder confidence in pursuit of 12.5 acres in two fields, fresh to market, at Grange Cross, Ovens, west of Cork City and Ballincollig.
Thu, 06 Jun, 2019
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.
Thu, 30 May, 2019
The tallest office building so far developed in Cork City, Penrose Dock next to Kent Rail Station at up to nine storeys, is setting an even more impressive record: its first core and lift shaft is up to full height, less than a year after the €125m project on the city’s north quays first applied for planning permission.
Fri, 19 Apr, 2019
Cork City's curvaceous Half Moon Street development, anchored by Boots chemist at its lower level as its main flagship pharmacy in Cork, and occupied overhead by offices for Apple Europe, is for sale as an investment, with a guide price of €34 million.
Wed, 10 Apr, 2019
Confirmation of the financial services firm Clearstream to over 70,000 sq ft, plus an optional extra of 20,000 sq ft more for 600 well-paid financial services jobs at Navigation Square on Cork city’s quays makes it one of the very largest-ever office deals in Cork city.
Thu, 01 Mar, 2018
HAVING last sold for the equivalent of ‘small potatoes,’ and after a costly €1.5m plus rolling refurb, Youghal’s beach-fronting Walter Raleigh Hotel — named for Youghal’s most famous resident Walter Raleigh, of tobacco and potato popularising renown — is back for sale, it is increasingly profitable and now carries a €2.5 million price tag.
Thu, 01 Mar, 2018
Thu, 28 Sep, 2017
THERE has been considerable focus recently on the volume of new office stock coming on stream in Dublin, both in terms of the number of schemes under construction and the volume of stock that could potentially be delivered if all schemes in the planning process materialise.
Thu, 13 Jul, 2017
Cork’s Docklands can become a “world-class” international shipping cluster with thousands of new jobs if ambitious plans to bring the proposed International Shipping Services Centre (ISSC) to Leeside are realised.
Sat, 08 Jul, 2017
Thu, 27 Apr, 2017
Thu, 20 Apr, 2017
Dealmakers behind the €14 million purchase of the bulk of the City Quarter investment in Cork city centre from Nama have emerged as the just-re-branded MC2 Accountants, on behalf of private investors.
Thu, 23 Mar, 2017
Thu, 09 Mar, 2017