30 November, 2015
HWBC advised State Street, asset managers to New Ireland Assurance on their purchase of The Anchorage, an office building in Sir John Rogerson’s Quay for €26m. The high spec Grade A Office building measured 26,600 sq ft and is multi-let to tenants including Bloomberg, D’Amico & Walkers producing €1.25 M pa. For more on this story see here.
5 November, 2015
The US coffee chain Starbucks has recently opened a café in Bloomfields Shopping Centre, Dún Laoghaire. The 259 m2 (2,787 ft2) unit is in a high profile location on the ground floor of the centre.An adjacent 1,044 ft2 unit is currently available to prospective tenants, with a quoting rent of €25,000 p.a. This would be an ideal location for a health store, book shop, card shop or game store. For more on this story see here.
4 November, 2015
Best bids for the Apex Collection which comprises of five properties across the Office and Industrial sectors is the 9th November 2015. The office blocks are Blocks 3 and 4 Richview Office Park, Clonskeagh, 2 adjoining blocks at Ashtown Gate, Navan Road and the industrial opportunity is in Westlink on the Kylemore Road. The collection is available as a portfolio or as individual lots.
2 November, 2015
Congratulations to Douglas Keatinge of Murray PR who is the winner of HWBC’s Rugby World Cup Armchair Pundit competition. Runners up were Brian O'Callaghan of William Fry and John McNeela of Mazars. For the unlucky participants don’t worry, there is not long to wait until our 2016 Six Nations Armchair Pundit competition where there will be plenty of opportunity to avail of great prizes and bragging rights.
14 October, 2015
Discount store Dealz, entertainment retailer CeX and outdoor equipment chain Trespass have all recently opened stores in Blackpool Shopping Centre and Retail Park. Dealz 8,500 sq ft store in Blackpool Retail Park has been let on a 10 year lease at a rent of approximately €200,000 per annum. CeX has opened it's store of 1,250 sq ft on a 10 year lease at a rent of €50,000 per annum. Outdoor equipment chain Trespass has taken a 1,110 sq ft unit with a base rent and turnover related top up. For more on this story please see here.
8 October, 2015
HWBC is bringing to the market The APEX Collection which comprises five properties across the Office and Industrial sectors. The guide price for the entire APEX Collection is €19.7M. The office blocks are Blocks 3 and 4 Richview Office Park, Clonskeagh, (guide price for each block is €2.1M), 2 adjoining blocks at Ashtown Gate, Navan Road (guide price €9M) and the industrial opportunity is in Westlink on the Kylemore Road (guide price €6.5M). The collection is available as a portfolio or as individual lots. For more on this story click here: Lot 1: Blocks ...
30 September, 2015
HWBC advised their client Irish Life on their recent purchase of 57/58 Grafton Street, a prime retail investment let on a long-term lease from 2014. The reported price was €19.2M. There is significant reversionary potential already given the upswing in demand for Ireland’s premier retailing street in the last year and the rarity of the size of block ideally suited the Investor. The building was recently leased following the merging of two properties and a full refurbishment and now serves as the flagship store for Life Style Sports. For more on this story click here.
28 September, 2015
Prime Dublin office rents rose by 24% in the 12 months to June and are expected to rise by 20% this year, meaning that prime office rents in Dublin will have risen by over a third in the space of just 18 months. Read the full story here.
17 September, 2015
An acute shortage in supply of office space in Dublin is expected to continue to drive rents up to the end of 2017, a survey has found. Read the full story here.
17 September, 2015
More than 108,000 sq m (1.16m sq ft) of office space in Dublin was taken up in the first six months of this year. Read the full story here.
In line with Government advice and for the benefit of everyone, HWBC's Harcourt Street offices are closed until further notice. We remain fully operational remotely and you should continue to contact us in the normal way. Contact details for all staff can be found by clicking on the link below, stay safe.
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