Home
Real Estate
Cars

Ireland

McNamara undone by confidence in market

COLM KEENA The Irish Times 14.01.2010
McNamara undone by confidence in market

ANALYSIS: The developer’s mid-noughties spending spree on commercial property left him badly exposed to prices crash

Irish tycoon Bernard McNamara 'has no assets left'

An Irish property developer cannot afford to pay 62.5m euro to a group of investors, the Commercial Court in Dublin has heard.

AIB chiefs block Grafton Street sale

JACK FAGAN Irish Times 13.01.2010
AIB chiefs block Grafton Street sale

Newly-appointed AIB managing director Colm Doherty came out against the sale of its Grafton Street branch, even though it attracted an offer of over €28m

Fixer-upper of an Irish house drops by $300,000 in two years

A single house in Drogheda in County Louth sums up the dizzying boom-to-bust of the Irish property market.

Developers under pressure to pay debts

RONALD QUINLAN Independent 11.01.2010
First apartment sale row test case fails

The High Court has ruled in favour of property developer Barry Gilligan in the first 'test case' against buyers involved in a row over new apartments.

Developers under pressure to pay debts

THREE of the country's biggest developers are coming under increasing pressure to service the massive borrowings associated with their property interests, according to accounts filed with the Companies Office last week.

Developers’ downward spiral

By Ian Kehoe, Chief news correspondent The Post 11.01.2010

Blowing Up The Bubble

The Irish Times 08.01.2010
Developers’ downward spiral

The sale of the former UCD Veterinary College site in Ballsbridge, Dublin 4, represented one of the high water marks of the property boom. After a hard-fought tender process, property developer Ray Grehan confounded the market by paying €171.5 million for the 2.05acre site in 2005.

Blowing Up The Bubble

WE’VE HAD the dot.com phenomenon, the Celtic Tiger and the property boom – but are we on the precipice of another bubble? With property on the rocks and equities in the doldrums, investors are piling into everything green, but are there too many similarities between property and the green economy, and are we just setting up another bubble whose time will eventually run out?

House prices set for further fall

Bloomberg News 06.01.2010
House prices set for further fall

Irish house prices may fall for a fourth year in 2010 as the recession persists, a survey of economists said. Home prices will shrink 9 per cent, according to the median of six estimates in a Bloomberg News survey. Prices have already fallen 27 per cent from their peak in early 2007, based on a monthly index by Irish Life and Permanent.

Irish Housing Market Stabilizing

(RTTNews) - Average prices of second-hand homes in the Republic of Ireland dropped a further 4% in the fourth quarter, bringing the total drop in prices to 20.3% during 2009, but the slump in the housing market maybe beginning to stabilize, the country's largest real estate firm Sherry Fitzgerald said on Monday.


« prev | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15 | 16 | 17 | 18 | 19 | next »




 
_________________________________________________________________________
 
Disclaimer: The information presented and opinions expressed herein are those of the authors and do not necessarily represent the views of Estates Report and/or its partners.