Opportunities to boost the Northern Ireland economy and its real estate sector
CBRE urge focussing on the positives.
Belfast, March 13th 2012 – Speaking earlier today at a property market briefing to the Northern Ireland Assembly & Business Trust, property consultants CBRE said that there are a number of areas that need focus to ensure that Northern Ireland is in pole position to grow the economy and in turn boost its real estate sector over the coming years.
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07 12 2011
Most competitive Real Estate debt offered by Insurers
London, 7 December 2011 – Insurance companies offer the most competitive real estate debt terms on the market, new research from CBRE has revealed. With maximum loan-to-values (LTVs) of 69 per cent and typical margins of 2.4 per cent, insurers are offering deals some 20-30 basis points below the market average of 66.2 per cent and 2.6 per cent respectively. Read more
24 05 2011
Benmore Group Appoint CBRE Across Three Cities
CBRE Belfast May 2011: CB Richard Ellis has been appointed by property development & investment company Benmore Group to manage property assets across three cities.
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30 04 2011
Unusual Dynamic In The Irish Commercial Property Market
Occupier Markets Performing Well Although Investment Sector Remains Weak
Dublin, 1st May 2011 – Property consultants CB Richard Ellis today released their May bi-monthly report, which indicates that there are significant variations in the performance of the various sectors of the commercial property market in Ireland at present.
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19 04 2011
Is Belfast In Danger Of Running Out Of Grade A Office Accommodation?
Belfast, 19th April 2011 – Property consultants CB Richard Ellis, who compile detailed statistics on the office market in Belfast, today claimed that Belfast is in danger of running out of Grade A office accommodation in the near future. Despite the high level of vacancy of second-hand office buildings in the Belfast office market, David Wright at CB Richard Ellis, who is currently handling requirements for more than 100,000 square foot of new office accommodation on behalf of a number of international occupiers, said that there is a severe shortage of Grade A office accommodation in the city. According to Wright, “There are a number of office transactions in legals in Belfast at present. When these deals are signed, this will leave only two Grade A buildings in the city capable of housing large requirements, which is concerning considering that a proposed cut in corporation tax could lead to a surge in demand for office accommodation in the city in the near future”. Read more
Northern Ireland
