2024 promises mixed fortunes for property owners and opportunities for investors


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


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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