THE property investment market in Ireland’s second city hit new and record highs in 2015, far out-stripping 2014’s much-recovered market, according to a new report due shortly from DTZ Sherry FitzGerald.

A LIMERICK City bank building, on O’Connell Street and Bedford Row, is being sold for as much as €10m — a recent Munster-bank investment sale price record.

RETAIL developments in Cork in the coming months suggest the marketing of the Wilton Shopping Centre, in a portfolio offer, and TK Maxx opening up in the former Tesco unit in Douglas Shopping Centre.

Assurances are being made that the use of a former office building as a gaelcholáiste in a Co Cork town will only be a temporary measure.

A second Cork shopping centre complex, Douglas Court, developed by the Love family’s Shipton Group, is part of a retail-dominated portfolio that is for sale valued at €120m.

CORK’S Blackpool Shopping Centre has a €75m valuation, as part of a €130m Nama first ‘Acorn Portfolio’ sale of Irish shopping centres, with 120 tenants.

ONE believes town councils were the bee’s knees of local democracy, the other that they were an “ineffectual talking shop”.

A NEW sales and letting pitch is to be tried at Cork’s City Square development — the pitch is ‘space for free.’

SERVICING an online gaming company that does $3.5bn of annual transactions has made jobs growth at Cork IT specialist Xanadu a one-way bet.

DOUGLAS Court Shopping Centre, which has sensationally been placed in receivership, is likely to be managed ’as-is’ for some time before being offered for sale — and its likely value is around €30m, according to property sources.

A bank yesterday appointed receivers to one of the country’s largest shopping centres, built by a prominent Cork family involved in property development for almost half a century.

The Douglas Court Shopping Centre in Cork has gone into receivership.

Combined losses at two companies that are part of the Shipton Group last year narrowed to €40.3m.

Combined losses at two companies that are part of the Shipton Group last year narrowed to €40.3m.

A modern office suite in the tax-driven Atrium development in Cork’s Blackpool has a sale price of €250 per sq ft — down from an original launch price of close to €300 psf.

BILLY HORGAN’S life isn’t a mirror image of legendary Frank Sinatra.

WHEN the going gets tough, the really tough go ...shopping?

A €100 MILLION shopping centre which had the backing of several thousand people in the north Cork area has been refused.

A multi-million euro retail development featuring a five-screen cinema is planned for Fermoy, Co Cork.

A WOMAN appealed for witnesses last night after a hit-and-run motorist caused several thousand euro worth of damage to her mother’s new car.

THE largest single property development ever planned for a north Cork town was outlined yesterday.

A €22.5 million land deal is the sale of the half-century for a Munster livestock mart.

ONE of the most picturesque places in Cork Harbour has been earmarked for a multi-million euro holiday complex.

PENTHOUSE apartments with roof gardens, part of a seven-storey block overlooking a public park, a shoppers’ nirvana and a diverted stream — welcome to the new Blackpool.

THE LARGEST office development ever proposed for Cork city received the go-ahead from the city council yesterday.

THE closing date for submissions for proposals to relocate 600 Revenue Commissioners staff in Cork city passed yesterday.