News

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News

Prime rental growth in Europe rose to 4% in H1 14 according to Savills

"According to Savills latest European office market report, prime rental growth rose higher than expected in H1 2014 to 4% on average in the surveyed areas compared to -0.6% in H1 2013. The firm finds that in H1 2014 secondary rents also posted the strongest growth in the past five quarters at 2.4%."

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News

Six Retail Schemes & One Office Block for €120m

"One of the largest ever retail investment portfolios to be offered to the market in Ireland was launched today by joint selling agents Savills and Bannon. The €120m ‘Spectrum Portfolio’ comprises seven assets producing approx. €11m of income offering an attracting initial yield in the region of 9%."

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News

Butterly Business Park for €7m

"Butterly Business Park – a mixed use commercial investment portfolio with development potential in Artane, Dublin 5 – is for sale by private treaty at a guide price of €7 million. Property consultants Savills are handling the sale."

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News

New life for Breaffy House Resort

"Breaffy House Resort, Castlebar, Co. Mayo has been sold to Irish hotel management company, Great National Asset Management. The sale was handled by Savills Hotels & Leisure on behalf of the Receiver Michael McAteer of Grant Thornton. "

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News

Sales of Industrial Space Dominant in Q2

"Sales of industrial property in Dublin continue at pace due to improved occupier confidence and the value for money that is currently available in the market, according to property consultants, Savills."

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News

Savills Completes Sale of The Marker Residences

"Savills has formally completed the sale of The Marker Residences for over €50.1m on behalf of Brehon Capital Partners Ltd and Midwest Holding. The property is to be acquired by “I•RES”, Irish Residential Properties Real Estate Investment Trust (IRES REIT).  "

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