News

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News

Savills Expand Lettings Business

"Property Consultants, Savills, has expanded its lettings business to include one-off lettings. The firm say that the substantial increase in the demand for rental properties – a trend they expect to continue – made the expansion commercially viable.  "

News

Savills commentary on ECB rate decision

"Commenting on today’s decision by the Governing Council of the ECB to leave interest rates unchanged at 0.25%, John McCartney, Director of Research at property consultants Savills Ireland said: “It was probably premature to expect the ECB to cut rates today given the potential for any escalation of the unrest in Crimea to push up oil and gas prices in Europe.  However, it is now clear that the ECB is concerned about low inflation and, looking ahead, further rate cuts are certainly back on the agenda.”"

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News

Irish Hotel Sales Up 150% in Q1

"The positive trends witnessed in the Irish hotel market in 2013 are set to continue, according to property consultants, Savills. In a statement issued today, Savills report that the value of hotel sales in Q1 2014 is 150% higher than this time last year. A total of 13 hotels worth almost €85m were sold in the first 3 months of the year. This compares to a total of 6, worth €34m, in Q1 2013.  "

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