Demand for Licensed Premises remained strong in 2023 both in Dublin and the larger regional Cities. 21 pubs changed hands in the Dublin market with a combined value in the order of €50m. Almost 30% of transactions completed were for sums north of €3m. Over 50% of transactions completed were in the €1m to €3m bracket. At the close of 2023, 2 Licensed premises were exchanged with a further 9 at contract stage. Off-market transactions remained a feature representing almost a quarter of all sales completed. Publicans remained the dominant purchaser class accounting for 70% of sales. Private Equity ..read more

On 7th December 2023, the European Parliament and the European Council reached a provisional political agreement on the Energy Performance of Buildings Directive which specifically tackles energy performance within buildings and sets targets for member States to achieve.  Specifically, it addresses the following: Realignment and standardisation of the grading system of energy performance certificates, referred to as BER Certificates in the Irish market. Sets targets for the upgrading of existing buildings. This directive was drafted after estimates suggested ‘75% of the building stock i ..read more

Lisney Outlook 2024 – Sustainability shift in Dublin’s commercial property market as ESG  becomes a bigger force while residential housing supply is unlikely to improve in the short-term, with BERs being a key consideration for home buyers. Commercial Real Estate and Investment Sustainability measures having a much greater influence on property market dynamics – both for occupiers and investors Greatest impact seen in the office investment sector where there are fears of assets becoming stranded – significant investment will be needed in the coming years to increase the BERs of buildings ..read more

The increase in demand for purpose-built student accommodation in Ireland has catalysed significant evolution over the past few years. The housing crisis in Ireland means students are often unable to compete with other renters seeking accommodation and, in many situations, they have been shut out of the private rental sector. This has led to increased demand for purpose-built student accommodation, a trend that will continue due to demographic changes and an increase in students in full-time education. Ireland is now home to 10 universities including the recent addition of 5 technological univ ..read more

What do the Scandinavian countries and Japan have in common? Besides excellent reputations as culinary hotspots, these two areas share a love for simple, clean interior design. The style has become so popular, it’s even been given its own celebrity nickname: Japandi design. So, what is Japandi style and most importantly, how can you incorporate it into your own home? The post Japandi Style: How to Make it Work in Your Home appeared first on Lisney ..read more

The last number of months have seen companies taking the opportunity to move out of the CBD and towards commuter towns and suburban areas. Employers are seeking different perks for their staff including extra car parking, expansive outdoor spaces, shorter commutes and higher-quality office spaces Lisney is marketing accommodation in The Campus Atrium, C Maynooth Business Campus on behalf of Fine Grain Property. Suitable for requirements of all sizes – office sizes range from 500 sq ft to 35,000 sq ft. The second-floor benefits from high quality, entire office fit-out and is suitable for occupa ..read more

The hottest spots to be in 2020? Club Bed, The Living Room, Costa del Rear Garden. We spent more time than ever at home last year and with more of the same likely in 2021, we’re gearing up to make our home space is as beautiful as possible. We’ve compiled the top 5 interior design trends for the upcoming months – read on and get ready to make 2021 the trendiest year for your home yet! 1. Neon Lighting Bring the bright lights of the big city into your sitting room with vibrant neon décor! Inspired by the TikTok generation, this trend can be pared back or put on full blast for an electric look t ..read more

We have a difficult relationship with infrastructure. We know we need it; we sometimes disagree with what’s included, and we tend to be narrowly focused on what impacts us directly. To get around this, we are meant to have a long-term plan. Project Ireland 2040, which includes the National Development Plan (NDP) sets out the Government’s investment strategy for 2021-2030. It has a budgeted spend of €165 billion. According to recent commentary from the Irish Fiscal Advisory Council, a black hole of at least €19 billion in the government’s capital budget currently exists and will force national ..read more

As with all areas of the property market, Grafton Street is witnessing change. Over the past 2 decades, the majority of Grafton Street was owned by institutional investors.  However, because of institutional funds being too heavily weighted with high-street retail; some retail funds suffering from redemptions; and the properties being physically too small (as the size of institutional funds has increased); we are seeing a shift in the ownership of the street. As matters stand, we are aware of around 40 properties on the street which are currently owned by institutional investors.  H ..read more

From a cottage-turned-luxury-modern home beside the high cliffs of Dalkey Quarry to a majestic period property steeped in history overlooking Killiney Bay, here are our significant sales highlights of September 2023. Rathleigh, Military Road, Killiney, Co. Dublin Congratulations to our expert Rory Kirwan in our Dalkey office for concluding the sale of Rathleigh. Askill, Blackrock, Co. Dublin Congratulations to our expert Ann-Marie McCoy in our Blackrock office for concluding the sale of Askill. 5 Avoca Road, Blackrock, Co. Dublin Congratulations to our expert Stephen Day in our Leeson Street ..read more