News & Events

More prime Irish commercial real estate needed to satisfy potential buyers in some sectors

CONTACT: Marie Hunt – 00 353 1 6185543 / 00 353 87 2727115 or marie.hunt@cbre.com Dublin, 1st May 2013 – Commercial property consultants CBRE today released their May bi-monthly report, focussing on current trends in all sectors of the Irish commercial property market. The property consultants say that there is a lack of prime properties for sale to cater for the current volume of demand in many sectors. The CBRE report also contrasts conflicting market conditions in the Republic and Northern Ireland, with transaction volumes extremely low in the North during the first few months of 2013 in contrast to two consecutive quarters of strong transaction volumes in the Republic and improving prices in the Dublin market over recent months. Office & Industrial Market

• There has been an increase in demand for office premises in both the city centre and the suburbs of Dublin over recent months with overall demand for 192
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  09 04 2013

  €336 million invested in the Irish market during Q1 2013

  More prime property assets needed to satisfy current volumes of demand Dublin, 9th April 2013 – Commercial property consultants CBRE today released final investment spend data for the Irish market for the first quarter of 2013, which shows that the momentum experienced in the commercial property sector during the latter half of 2012 has continued this year. According to CBRE, more than €336 million of investment properties of more than €1 million in value traded in the Irish market during the first three months of the year, which is higher than provisional estimates produced by CBRE in advance of the quarter end. In total, 21 investment transactions of more than €1 million were completed in the Irish market during Q1 2013. This quarterly spend compares with €545 million invested in Irish commercial real estate in the entire year last year and is significantly higher than that invested in each of the previous three years.
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  03 04 2013

  CBRE Announces Ireland And Nordics Management Appointments

  Guy Hollis to Take on Expanded Role as Head of Markets Development and MD of the Nordics - Enda Luddy Appointed as MD Ireland -
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  25 03 2013

  Rent Judgement Significant But Unlikely To Have Widespread Implications Say CBRE

  Dublin, 25th March 2013 – Commercial property consultants CBRE this afternoon commented on today’s High Court judgment involving a rent review on Bewley’s Café on Grafton Street, which they say will lead to greater scrutiny of lease documentation for leases that incorporate upwards only rent review provisions.
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  28 02 2013

  Busy first two months in the Irish commercial property sector

  Dublin, 1st March 2013 - Commercial property consultants CBRE today released their first bi-monthly report of 2013, focussing on current trends in all sectors of the Irish commercial property market. The property consultants report strong demand in all sectors of the Irish commercial property market during the first two months of 2013 with increased volumes of transactional activity being experienced across the country. CBRE have increased their prime rent series for office properties in Dublin and have also adjusted their prime yield series for some sectors due to the weight of international money chasing prime investment opportunities. CBRE also report some improvement in the availability of bank funding over recent months.
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EMEA

Hong Kong Is Top Target For New Retail Entrants

Hong Kong is the world’s hottest retail market, attracting significantly more new entrants than any other city, according to the 2013 edition of How Global is the Business of Retail? by leading global property advisor CBRE.
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CBRE Launches Prime Retail Transaction Group

CBRE has launched the Prime Retail Transaction Group – a global network of experts providing strategic investment advice and execution on the world’s leading shopping streets.
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