A Swiss-based investor has commenced building a portfolio of Cork city centre properties, having spent close to €5 million to date, acquiring a number of well-established buildings on Oliver Plunkett Street and St Patrick’s Street, with over 12 tenants combined, and getting an average 8% rent return on his purchases.
Three sites, all in East Cork, have now been identified as potential locations for a proposed retail outlet centre (ROC) with much more detailed study required on each location before the development is factored into any development plans.
A 30-year-old man accused of sexually assaulting and attempting to rape a man in his 60s blamed a garda for the case against him claiming the detective who arrested him was motivated by revenge because the accused once called him “a retard”.
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.
The arrival of a US-based IT/digital-based international marketing company to high-spec offices within a 200-year old Cork city centre Georgian building — and one which had had lain idle for over a decade — speaks volumes for the street’s renewal, and changing tecchie tenant profile.
A resident of the Cork city centre apartment block at the centre of a controversy over an attempted eviction of tenants has praised the turnaround in fortunes for those living in the building after it was bought out by a housing association.
A “process of engagement” is underway with developers BAM in relation to a vast rubble mound left sitting on a prime Cork city centre site following the demolition almost a year ago of a landmark office block, the head of Cork City Council has confirmed.
Last year, and right through 2019 also, Cork’s Model Farm Road has been and will continue to be quite the busy-bee spot of new house building, assertive pricing and selling, mostly geared at those with a good mid- to upper price level spending discretion.
A €1bn Texas-based cybersecurity company, Forcepoint, is to occupy two floors of Cork city centre’s new office block, 85 South Mall, intensifying the 21st-century tech corridor on the southern capital’s most traditional business, banking, commerce and services boulevard.