Warning signals are “flashing” that the commercial property sector is nearing a “bubble stage” situation that could lead to a fresh crisis for the country in just two years.

Alfa Group’s A1, the trading and investment company owned by Russian billionaire Mikhail Fridman, said that it failed for a second time to attract buyers for a logistics centre owned by the Government.

The upsurge in the Dublin commercial property market contributed to profits more than doubling at one of the country’s best known property firms Jones Lang LaSalle last year.

A total of €1.7bn in capital has been invested in Irish real estate this year, including direct investment of €800m.

Finance Minister Michael Noonan has stated that no conflict of interest arises from former Nama executive John Mulcahy joining the board of Irish property pension fund IPUT.

When Edward Hu bought a holiday home in Portugal’s most popular tourist spot in September, the Chinese agricultural entrepreneur got a Europe-wide family travel permit thrown in for as long as he owns it.

Operating profits at one of the country’s best known property firms, Jones Lang LaSalle increased last year by 45% to €884,000.

Property firms have enjoyed a €13.3m bonanza from providing property valuations to the National Asset Management Agency, new figures show.

NAMA is sticking to itstarget of selling 25% of its loan book by the end of 2013, even as property values in its biggest market plunged.

PRE-TAX profits at one of the country’s best known property firms Jones Lang LaSalle decreased by 31% last year to €1.2 million.

A winter storm made travel torturous in north-east America, dropping a thick layer of snow that stranded thousands of airline, train and bus passengers and made motorists think twice about hitting post-Christmas sales.

PRE-tax profits at property firm Jones Lang LaSalle decreased by 40% last year to €1.75 million.

CONSULTANTS were handed €34 million to advise the Government and state agencies on the banking bailouts, it was revealed yesterday.

Consultants were handed €34m to advise the Government and State agencies on the banking bailouts, it was revealed today.

A new report has today shown positive signs of commercial property market recovery in Q1 2010.

THE head of NAMA has denied that one of its key advisers has a conflict of interest because of links to a company valuing properties for the agency.

THE man who will be responsible for deciding how much NAMA will pay banks for their toxic development loans was introduced by Minister Brian Lenihan yesterday.

DUBLIN is one of the most expensive places in the world to rent office space — although the supply of office space continues to rise.

IRISH investors are responsible for the second highest proportion of the €244.1 billion spent on property across Europe last year according to a study from Jones Lang LaSalle.

THREE of every four euro invested in Ireland this year was invested in property, delegates at the at the annual Construction Contractors Conference were told.

THE latest Jones Lang LaSalle commercial property index confirms that the Irish commercial property market grew by 5.6% in the first half of this year.

Property consultant CB Richard Ellis has appointed a new managing director for its Irish operations.

THE value of commercial retail property has appreciated by 18% in the year to the end of June, according to Jones Lang LaSalle Irish Property Index.