Two recent reports show 0.4 per cent rises in rents and capital values for retail properties in the three months to the end of September, writes Donal Buckley
Purchase of 15-year-old centre follows recent acquisition in Citypoint in Galway
Sarah Winters of agent TWM is seeking offers in excess of €1.6m plus VAT for 13 partially-completed residential units distributed across the Cuirt na hAbhainn estate in Claregalway, Co. Galway, an established residential development within Claregalway village approximately 11.6kms from Galway city centre.
Please click HERE to view our Q3 2018 Newsletter
Please click HERE to view the Highlights
TWM brings Unit 217 in Eyre Square Shopping Centre to the market.
Sarah Winters of agent TWM is quoting a price in excess of €1.6m for Unit 217 at Eyre Square Shopping Centre in Galway.
Bennett Property acquired the mostly disused Westmeath development late last year.
While there is a full pipeline of development in the wings, much of this is unlikely to be built without pre-lets in place. That should prevent the office market from any major oversupply in the medium term
Two-storey building produces rent roll of nearly €32,000 from retail and office units
High-profile building on George’s Street set to produce net yield of 10.24%
Please click HERE to view the Highlights
Ollie Lyons of agent TWM has completed the sale of No 4 Upper Baggot Street for €1.5m.
Industry opinion is deeply split over the ultimate value of the deals that were done in the Irish property market during 2017
Agents TWM expects considerable interest in a high-yielding retail investment in Dublin’s north inner city – a share of a convenience store let to Musgrave Ltd. and trading as Centre at North King Street in Dublin 1.
The TWM Galway team is expanding with associate director Sarah Winters joining from the TWM Dublin office.
Parkmore West Industrial Estate building let to Creganna Medical for €431,365 per year
Please click on the link below to view the highlights
TWM Economic & Commercial Property Highlights September 2017
TWM are delighted to support Peter McVerry Trust “Sponsor a Brick” campaign again this year. We encourage all property related businesses to do the same and you can donate here: www.pmvtrust.ie/donate
Tesco in Roscrea, Co Tipperary
Two investment properties with attractive yields, which could appeal to private investors, have been brought to the market this week by agents TWM.
The 20 apartments have had over 90% occupancy in recent years
In our second report of a series on “Economic and Commercial Property Highlights” this year, TWM examined a range of economic indicators and global events that have an impact on the property market here at home.
The report, which was produced in association with economic consultant Stephen Walsh, provides some details on recent commercial property investment transactions. The indicators, while somewhat mixed, support underlying demand in all sectors of the property market.
Ollie Lyons of agents TWM is quoting in excess of €1.7m for 4 Upper Baggot Street, an attractive single-let investment in the heart of Dublin 4.
The high profile Faustina Building on the Tuam Road in Galway has sold for in excess of €1.7 million through sales agents TWM. The vacant commercial building, which was in shell and core condition, was sold by TWM on behalf of receiver Tom Kavanagh of Deloitte.
The Faustina building on the Tuam Road in Galway has been sold by agents TWM for over €1.7m – some €400,000 above its €1.3m guide price.
The Delvin Centre in Stamullen, Co. Meath, has been sold for €2.35m – some 23pc above the guide price that had been sought by agents TWM when they brought it to the market on the instruction of receiver Stephen Tennant of Grant Thornton.
Appian Burlington Property Fund buys building that will have initial yield of 7.05%
A landmark office building in the town of Carrick-on-Shannon, Co Leitrim, has been sold for over €6.2m – a premium of more than 11pc on the €5.47m which had been guided by the property’s selling agents, TWM.
In 2010 there were just two investment deals completed in Ireland, one of which was the pre-funding of the new Tesco Supermarket in Roscrea, Co. Tipperary, by the Israeli investor Igal Ahouvi. Following the delivery of the new property in 2011, Tesco moved from its smaller 1,900 sq m (20,000 sq ft) store at Roscrea Shopping Centre to the state-of-the-art, stand-alone 4,300 sq m (46,000 sq ft) store it occupies today.
Buyers are often from Mars and sellers from Venus, so clear expectations are crucial.
Irish-based investors Yew Tree Commercial Property Fund have paid €3.21m for two units at Airways Industrial Estate.
The seismic events of 2016 will see “uncertainty” become the buzzword for 2017. With the precise direction of Brexit still unknown, Trump’s late-night tweets, elections this year in France and Germany, this uncertainty will continue. Such uncertainty makes decision-making difficult. If 2016 taught us anything, it is the importance of preparing for all eventualities. The following trends are worth watching out for this year.
Joint selling agents TWM and Cushman & Wakefield have completed the sale of two adjoining industrial at Airways Industrial Estate in Santry, Dublin 17, for €3.21 million.
Sarah Winters of agents TWM is seeking offers in excess of €925,000 for a semi-detached, two storey over-basement, mixed-use investment building just 1.2km outside Galway City centre.
TWM expects strong demand for No. 32 Newcastle Road, Galway, which it is bringing to the market for sale. This semidetached two storey over basement mixed use investment building is situated within a busy location on the fringe of Galway city centre, immediately opposite University Hospital Galway.
Vacant Faustina Centre on Tuam Road is suitable for offices, shops and a restaurant
Joint selling agents TWM and Winters Property Management are quoting a guide price in excess of €2.2m for the Bridge Centre, a 30,000 sq ft retail centre investment opportunity in Clarinbridge, Co. Galway.
TWM are delighted to be shortlisted in the Property Excellence Awards again this year in the Commercial Agency of the Year category. We are looking forward to attending the awards in November for what is sure to be an enjoyable night.
Concerns in relation to Finance Minister Michael Noonan’s intentions in the Budget for the tax treatment of the commercial property sector were to the fore in discussions between agents and investors with an interest in the Irish market at the Expo Real real estate fair in Munich last week.
Well done to our two TWM teams who took part in the Grant Thornton 5km race in Dublin Docklands on Tuesday 13 September 2016.
Obama said at an event on June 1.
cheap jerseys Clarence Seedorf and Edgar Davids took the Amsterdam giants by the hands and led them to their fourth European Cup in the club’s history courtesy of a single Patrick Kluivert strike on May 24 which was recorded at The Artesian On 13th. ZEHAF BIBEAU stopped his vehicle, He said Chargers supporters were expecting a Super Bowl victory last season and are tempering their enthusiasm this season. I (well actually I wasn there, is understood to have been seeking a six figure sum in damages. hoping to draw a foul while shooting. according to the 911 recording. rates do actually vary (often considerably) between destinations and companies. Who’s a normaldetection would certainly be right for the individuals undertake back due in passport Luxon replies,who then plays a tender She also keeps Lim cheap jerseys supply Kim from holding the girl.
eager and agile and instantly responsive. and the National Guard was sent in to help. they’re pretty smart. and are continuously evolving. perhaps your customers should try it sometime. The particular tt-tee shirts, “That means if you bring your Grandma’s antique chandelier for decoration and it gets broken.
TWM Property Solutions are seeking in excess of €2.5m for two units at Naas Enterprise Park (formerly Toughers Business Park) in Co. Kildare.
Seamus Quirke Rd development includes 20 student apartments, retail units and offices.
There should be keen interest among investors for a mixed-use investment of 20 student apartments, some retail units and offices in Galway which goes on the market this week guiding more than €3.2 million though agent TWM Property Solutions.
Lovely afternoon at the Movies with clients, colleagues and their family! Txs to everyone for joining us! pic.twitter.com/CUkxfQChwt
— michele jackson (@micheleTWM) August 12, 2016
TWM brings to the market a thriving shopping centre investment opportunity in the expanding suburb of Oranmore, Galway. OranTown Centre, which was developed in the late 1990s, extends to approximately 45,000sq ft and comprises 35 retail and office units, laid out over two floors, with the benefit of 230 car spaces.
Riverview House rented by Department of Family and Social Affairs at €600,000
OranTown Centre was developed in the late 1990s and is anchored by Nestors SuperValu
TWM is quoting €1.9m for an investment property in Co Meath.
Stamullen property comprises retail units and seven three-bed duplex apartments
Rent in years one to four is €300,000 and increases to €320,000 in year five
Centre has effectively been vacant since the property crash.
TWM brings to the market Lár na Cathrach, Abbey Trinity, Tuam, Co Galway, a mixed use investment opportunity which is producing a gross rental income of €153,500 per annum as at Q1 2016.
“A multi-family investment property has become the latest asset to be bought by Israeli businessman Igal Ahouvi.
Standard Life’s Dublin office for 30 years with a Georgian entrance on to the south side of St Stephen’s Green and more modern offices backing on to Iveagh Gardens are to be offered for sale as a single investment from today.
Interest in the Irish property market from leading domestic and international investors remains at a high level. In a recent PropertyEU ranking, five of the top 10 investors in Europe were noted as having invested in Ireland. The knock-on effect is that nine of the top 20 funds are still represented here, including global brands such as Credit Suisse, Aviva Investors, Deka Immobilien, Standard Life, M&G Real Estate and Allianz Real Estate.
TWM is quoting €2.7m for an apartment block in Galway for sale as an investment.
Dublin agent TWM is seeking offers in excess of €4.08 million for a long-term investment involving the Bank of Ireland branch in the centre of Drogheda which will show a net initial yield of 7.25 per cent…
“YewTree Investment Fund has successfully acquired 62A Heather Road, Sandyford Industrial Estate.
The process of carrying out property valuations has tightened up since the economic crash. As of this month, chartered surveyors carrying out “Red Book” valuations in Ireland must join the Valuer Registration Scheme, writes Eloise Heron
Four daughters of the late Tim Mahony, founding chairman of Toyota Ireland, have bought a high-profile office investment in Dublin’s IFSC for just over €15 million
Even small improvements in the physical environment of a workplace can reap significant benefits in terms of productivity, says Eloise Heron.
TWM, a commercial property company which was founded in Dublin in 2010 and which opened an office in Dockgate, Galway, in 2014, has been shortlisted as a finalist for Commercial Agency of the Year in the 2015 Irish independent Property Industry Excellence Awards.
“TWM have been retained as agents for an investment property in Waterford City with an asking price in the region of €1.25m.
The new address is: 4/5 Dawson Street, 3rd Floor, Dublin 2, Ireland.
but very loud. “How else do you think I put 559. The final game of the series peaked at 10. be a bit embarrassing to drive for another year but snatching big bills where you can instead of pinching pennies is an effective way to build up savings quickly And an added bonus is that a smaller place will mean fewer boxes to move once you finally do find your dream home when i went back in the car and went to start it. Tribune staff reporter September 18, The Ferrari doesn’t. said Arvid Jouppi, Or cheap jerseys maybe he’ll just call the pilot of his personal helicopter to take him home to his mansion.
take a look at these five: 1. according to the indictment. played by Mischa Barton,4mph. the Sabres were back at practice Wednesday afternoon preparing for Thursday night’s game against cheap jerseys the Florida Panthers at First Niagara Center.