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.

A man claims he was wrongfully arrested and falsely imprisoned after gardaí wrongly suspected he carried out a savage random street attack on his fiancée.

THE demand for quality investments continues, with €33m in an office portfolio sale to three separate buyers in Dublin, and with a private buyer paying over €1.5m for a Cork City retail buy, as a pension investment, with a Tesco Express as its main tenant.

Householders around the country tonight faced a second evening without fresh running water as reservoirs were ordered to ration supplies.

Thousands of homes were facing water shortages again today as local authorities continued to ration supplies in the wake of the big freeze.