Patricia Ward: Adapting office space for medical use could be an easy pill to swallow

THE BUSINESS POST, JUNE 24 2024

Patricia Ward

With so much debate around converting offices to living spaces, new research suggests a greater potential for office buildings to be repurposed for healthcare use.

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Forestry portfolio offers opportunity for long-term growth at €7m

THE IRISH TIMES, MAY 15 2024

Sale comprises 660 acres of mature forests distributed across six counties
Portfolio Sale of approx. 267 hectares (660 acres) in Rep of Ireland
Ronald Quinlan

Agent TWM is guiding a price of €7 million for a forestry portfolio comprising 267 hectares (660 acres) of mature forests distributed across six counties in the Republic of Ireland.

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Upper Baggot Street home of Weirs gift and DIY store seeks €2.5m

THE IRISH TIMES, MAY 1 2024

Sale of Dublin 4 property offers scope for development of up to eight apartments to complement existing retail space
21 Baggot Street Upper, Dublin 4 D04 XP63
Ronald Quinlan

Number 21 Upper Baggot Street, known to generations of Dubliners and visitors to the capital alike as the home of Weirs Home, Gift and DIY store, is being put up for sale following a decision by the owners to relocate the business.

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TWM appoints Willie Norse as managing director

THE IRISH TIMES, APRIL 10 2024

Former CBRE executive director expected to assist firm in driving ambitious growth strategy
Ronald Quinlan

Property industry veteran Willie Norse has been appointed as managing director of commercial real estate adviser, TWM.

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Sarah Winters to lead internal investment team at TWM

THE IRISH TIMES, MARCH 06 2024

Robbie Coakley, formerly of Kroll and BNP Paribas Real Estate, to join newly established division
Sarah Winters and Robbie Coakley of TWM’s newly established internal investments team.
Ronald Quinlan

Having worked with TWM for nine years, Sarah Winters is to head a new internal investment team at the company focusing on existing client relationships and their property portfolios.

Ms Winters, a director at TWM, has almost 20 years’ experience in the property industry, and has worked across both the commercial agency and lease-advisory sectors. That experience will be channelled now to develop tailored strategies to enhance and maximise value for clients in line with their exit strategies and hold periods.

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Galway city investment offers buyer 7.91% yield at €21.5m guide

THE IRISH TIMES, FEBRUARY 28 2024

Citypoint scheme overlooking Eyre Square has strong tenant line-up, led by US discount retailer TX Maxx
The Citypoint scheme overlooks Eyre Square in Galway city centre
Ronald Quinlan

An attractive net initial yield of 7.91 per cent underpinned by a strong tenant line-up led by the highly successful US discount fashion retailer TK Maxx is expected to drive the sale of Citypoint, a mixed-use scheme overlooking Eyre Square in Galway city centre. The property was originally developed in 2007 and extends to 7,432sq m (80,000sq) ft across six floors over a three-level basement car park. It is being offered to the market by joint agents TWM and Savills at a guide price of €21.5 million.

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2024 promises mixed fortunes for property owners and opportunities for investors

THE IRISH TIMES, DECEMBER 6 2023

Interest rates unlikely to be reduced in the short term, which will leave asset values under pressure
Sean O’Neill
French investor Iroko Zen deepened its involvement in the Irish market in 2023 with the addition of several assets to its portfolio. In May, it paid €4,970,840 for Westland House (Block A) at Westland Park in Dublin 12

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Current choppy market offers growth options for 2024

BUSINESS POST – PROPERTY YEAR IN REVIEW, DEC 2023

With the current uncertainty, there is a sense that interest rate stability and growth in the US is needed to give investors confidence
Michele Jackson
Eglinton Place in Donnybrook, Dublin 4, which was bought by M&G for €99 million in one of the most notable deals of the year

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Extracting value from a tough market: How TWM is navigating the commercial property turmoil

Tom Lyons, Chief Executive, The Currency

TWM founders Seán O’Neill and Michele Jackson. Photo: Bryan Meade
New working and shopping patterns plus higher interest rates have altered the commercial property equation, but agents TWM say there are plenty of cash investors. Founders Seán O’Neill and Michele Jackson explain uncertainty gives their firm an edge.

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French investor pays €4.971m for Dublin 12 office block

Westland House at Westland Park is fully refurbished and occupied on new long-term lease by Virtual Access (Ireland) Ltd
Ronald Quinlan
Westland House (Block A), Westland Park, Dublin 12 been fully refurbished and has a B2 energy rating

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Limerick city shopping centre with development potential guiding at €15m

Arthur’s Quay Shopping Centre in Limerick city
Landmark scheme developed by Michael Tiernan and the late Owen O’Callaghan producing €1.45m in annual rental income
Ronald Quinlan

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