BNP Paribas Real Estate

Office market drags on construction sector despite ‘surge’ in homebuilding

Construction input costs on the up but builders confident that demand for housing will carry forward into 2025

Mon Nov 11 2024 - 01:00

Technology sector share of Dublin office take-up shrinks to new low of 7.1% in third quarter

Vacancy rate overall edged higher in the third quarter, despite ‘positive momentum’ for leases, says BNP Paribas Real Estate Ireland report

Mon Nov 04 2024 - 06:00

Block B at Dublin Airport Business Park fully let following new lettings

Leading insurance broker and shipping company sign five-year leases at newly developed building

Wed Oct 02 2024 - 05:35

Dublin office market shows signs of life - but it is still too early to call a market recovery

Assignments and sub-lets boost take-up but do not reduce vacant space. Over 250,000sq m of new space is due by end-2025, which could compound the issue

Mon Sept 09 2024 - 05:45

Not enough zoned land in key areas to meet housing targets, says Goodbody stockbrokers

Goodbody estimates need for up to 60,000 units a year to deal with existing shortfall of supply and population growth.

Mon Sept 09 2024 - 05:40

French investor in €24m deal for MetLife’s Dublin headquarters

Price paid represents 40% discount on valuation ascribed to prime city centre office block in 2018

Wed Sept 04 2024 - 05:55

ICOT College signs for new headquarters at Joyce’s Court

English language school to occupy office block off Talbot Street in Dublin city centre on new 25-year lease

Wed Sept 04 2024 - 05:48

Government faces housing target challenge

New figures show home building stepping up but completions lagging

Mon Aug 12 2024 - 00:01

Remote working ‘headwind may be weakening’ as Dublin office leasing picks up

Vacancy rates continue to rise due to relative oversupply of properties, says BNP Paribas Real Estate

Wed Jul 17 2024 - 01:00

Construction sector rebound continues in April with fastest expansion in over two years

Rise in new orders and employment last month points to momentum in building activity, data suggests

Mon May 13 2024 - 06:00

Surge in new office space in Dublin despite rise in vacancy rates

Empty offices boost tenants’ bargaining power, BNP Paribas Real Estate report says as new buildings increase vacancy rates

Tue May 07 2024 - 05:01

Housing targets at risk as new home completions fall

CSO figures show output fell by more than 12 per cent in the first three months of 2024 which endangers Government’s aims

Thu Apr 25 2024 - 12:06

Short-term shocks and structural change put squeeze on investment

For the current slump to pass, asset pricing must reflect a range of new and not-so-new realities, including the impact of ESG and shorter lease terms

Wed Apr 24 2024 - 05:15

French investor in €16m deal for Garda Ombudsman headquarter offices

21-24 Capel Street is fully let to Garda watchdog, and Spar owner BWG group, and is generating over €1.26m in annual rental income

Wed Apr 17 2024 - 05:57

Global fleet manager signs deal for offices at Two Grand Parade

Union Investment secures first tenant for Irish Nationwide Building Society’s former HQ following redevelopment led by Hines

Wed Apr 17 2024 - 05:45

Investment in Irish commercial real estate slumps to post-crash low

Report by Sherry FitzGerald highlights dramatic fall-off in investment on back of higher interest interests

Tue Apr 09 2024 - 05:52

Investment in commercial real estate plummets to lowest level since 2013

Latest figures from BNP Paribas Real Estate show first-quarter spend came in at €161.7m, or just 15% of 10-year average

Wed Apr 03 2024 - 05:55

French investor enters Irish market with €4.6m deal on College Green

Altixia REIM in line for 7.23% net initial yield following purchase of Circle K premises near Trinity College Dublin

Wed Mar 27 2024 - 05:55

BNP Paribas Real Estate economist casts doubt on bankers’ predictions for new-home delivery

Around the Block: This year’s housing output could prove to be a deciding factor in next year’s much-anticipated general election

Thu Mar 14 2024 - 05:58

Flanagan and Boyd join BNP Paribas Real Estate

Two new directors appointed to capital markets and property management divisions

Wed Mar 13 2024 - 05:35

Uniphar’s Dublin headquarter offers prime logistics investment at €45m

Sale and leaseback of Citywest premises promises 5.26 per cent yield

Wed Feb 21 2024 - 06:00

New Dublin 4 office offers sustainable statement headquarter space

Glencar House in Ballsbridge targets companies seeking well-located ESG-compliant office accommodation

Wed Feb 21 2024 - 05:55

Construction sector increases hiring despite continuing slowdown

Index shows seventh successive month of contraction in activity and 12th month in 13 dating back to October 2022

Mon Feb 12 2024 - 05:00

Collapse in demand means ‘no relief for Dublin office market until 2027′

Leasing activity plunged to lowest level since 2010 last year, says BNP Paribas

Fri Feb 09 2024 - 01:00

Gloomy finish compounds ‘dismal’ 2023 for Irish investment property market

Assets are being ‘mispriced’, says BNP Paribas, leading to ‘transactional logjam’

Tue Jan 30 2024 - 01:00

Construction activity kept shrinking in December

December marked the sixth consecutive month of contraction in the broader construction sector

Mon Jan 15 2024 - 01:01

Sharp decline in construction activity in November

Biggest contraction in activity last month was in the residential sector with home improvement market stalled by rising building costs

Mon Dec 11 2023 - 05:00

Investment stalls as higher interest rates hit values and hurt sentiment

Commercial real estate market under severe stress as sellers and buyers engage in price standoff

Wed Dec 06 2023 - 05:40

Marginal growth in commercial construction in October

However, the supply pipeline of new office projects is set to fall away “sharply” from next year

Mon Nov 13 2023 - 00:01

Offices at 57 Adelaide Road fully occupied following latest letting

VMO Aircraft Leasing signs new 10-year lease for 4,530sq ft of space on building’s first floor

Wed Nov 08 2023 - 05:45

Construction slows again but inflation appears to be easing

Employment continues to rise modestly with more firms optimistic about being busier in 12 months’ time

Mon Oct 09 2023 - 05:00

After all their interventions, have Irish governments only made the housing crisis worse?

We’ve had dozens of policies and strategies all feeding into a steadily worsening problem characterised by a widening affordability gap

Sun Sept 24 2023 - 12:24

DunPort Capital Management signs deal for office at Blackrock Village Centre

BNP Paribas Real Estate now marketing final floor of offices at refurbished south Dublin scheme on behalf of Aviva

Wed Sept 20 2023 - 05:30

Commercial construction activity contracts most since lockdown

At the end of June about 3.1 million square feet of office space was under construction in Dublin, according to Lisney estimates

Mon Sept 18 2023 - 05:00