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Full coverage: Property

The art of being flexible: How Pembr has built a major business from the heart of Dublin 2

School friends Bob Manson and Thomas Lenehan launched their serviced office company at the height of the Celtic Tiger. They talk about surviving the subsequent crash, navigating Covid-19, and working with both multinational and indigenous firms as they scale.

Tom Lyons
2nd Oct, 2023 - 10 min read

€11m farm sale kickstarts Devenish financial overhaul

The Co Meath land acquired by the Government to establish Ireland’s new national park was collateral for debt owed by the Belfast-based livestock nutrition group. The deal is part of a wider financial restructuring plan.

Thomas Hubert
29th Sep, 2023 - 2 min read

Interest rates have gone up. This is how it has impacted property prices around the country

Places that were more expensive a year ago have seen, on average, smaller increases (or indeed price falls) over the past 12 months. The cheapest places a year ago have seen the biggest increases.

Ronan Lyons
29th Sep, 2023 - 5 min read

Comer Group to appeal London 23-storey tower demolition order

The Comer brothers bought a complex with more than 200 rental apartments out of administration. Now the local authority says it was built in violation of its planning permission.

Thomas Hubert
27th Sep, 2023 - 3 min read

Carbon, tendering points and staff morale: Why a new 35,000sqm Dublin warehousing complex is made of wood

High steel prices and demand for green standards have pushed developer Newpark Real Estate to switch to timber frames for its latest industrial buildings. Its financial backer Bain Capital supports the move.

Thomas Hubert
26th Sep, 2023 - 7 min read

Interest rates, valuations, and a failed sale process: Why a landmark Dublin office building was repossessed by its lender

Earlier this week, The Currency reported that a German bank had appointed receivers over a Dublin property owned by Korean investors. Drawing on new analysis, we explain how the initial deal was structured and why it fell apart.

I. Kehoe and T. Hubert
15th Sep, 2023 - 4 min read

A new plan is being developed for a major new private hospital in Galway. But who is behind it?

It is almost 20 years since the Galway Clinic opened. Now a new plan is being developedby an Irish builing firm to construct a new private hospital in the West of Ireland.

Tom Lyons
14th Sep, 2023 - 2 min read

The Beckett Building is owned by a South Korean investor and leased to Meta. It has now gone into receivership

German lender Landesbank Hessen-Thüringen Girozentrale has installed Grant Thornton as receiver over the prime site in Dublin. It marks the first major commercial property receivership since the slowdown in the sector.

Ian Kehoe
11th Sep, 2023 - 2 min read

Ardstone Capital co-founder retires after 18 years

Veteran property investment manager Donal Mulcahy started the firm behind office deals across Europe and the development of over 7,000 new homes in Ireland.

Thomas Hubert
6th Sep, 2023 - 2 min read

Stalled in planning for six years, a Killiney site controlled by Greg Kavanagh has gone into receivership 

Greg Kananagh's company Conskig has tried for six years to get planning permission to develop the site in south county Dublin. Now Lotus has taken it over through the appointment of a receiver.

Tom Lyons
21st Aug, 2023 - 2 min read
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