Blog post – The Dublin Docklands Report 2018
The Docklands Residential Report shows that 2017 was once again a very strong year for the residential market with capital values up 13.1% and rental values up 10.8%. The sales market was underpinned by tight supply which produced strong selling prices averaging €622 per sq. ft. Irish investors, attracted by strong rents, were dominant and most are…
Co Dublin Trot on down to Blackrock – 111 Galloping Green
A beautiful, modernised 2 bedroom apartment at 111 Galloping Green, Blackrock got a great write up. Off the Stillorgan Road in Blackrock, Galloping Green is a 118 apartment scheme built in the late 1990s by Tudor Homes. No 111 was one of the last to be built in 1999. The two-bedroom, two-bathroom apartment has 21st…
Only 8% of Docklands renters are Irish, says estate agent for tech giants
Just 8 per cent of renters in Dublin’s Docklands are Irish, says estate agent Owen Reilly who is a property specialist in the Dublin 2 area. Reilly’s comments come in the wake of the IDA revealing that employment by foreign direct investment companies in Ireland has reached its highest level in history, with 210,443 people employed in Ireland by…
Huge shortfall in residential accommodation predicted in Docklands
Owen Reilly has analysed planning applications in the Docklands Strategic Development Zone (SDZ) and in particular the office to residential ratio. Our analysis gives an insight into what the Dublin Docklands will look like when completed. Currently there is about 282,000 sq. m. of office space in planning or under construction, most of which will…
Residential accommodation shortfall expected in Dublin’s docklands
Office space for 28,000 workers will be built and homes for 6,500 people, analysis shows The volume of office space being built or currently in planning at Dublin’s docklands far outweighs the anticipated construction of residential homes, a real estate agent’s analysis has shown. Figures from Owen Reilly show that office space for around 28,000…
Review of the new guidelines issued by the RTB
Nearly a year after the legislation was introduced new guidelines were issued by the RTB three weeks ago which they say will help give clarity to landlords and tenants in relation to rent caps exemptions titled: The Substantial Change Exemption in Rent Pressure Zone Areas. The guidelines aim to provide clarity on the substantial change…
Pent-up demand intensifies as market tightens in Docklands
Properties in the Dublin docklands are selling in record time, while tenants are remaining in situ for longer. Rent caps came into force in December 2016 and applied to well over 60 per cent of our rentals in the Docklands are of Dublin this year. Based on transactions, our rents are up 4.75 per…
Portfolio of Dublin docklands apartments comes to market, by Tina-Marie O’Neill
Dublin agent Owen Reilly has brought to market a multi-unit investment portfolio of nine apartments at the Ivory Building in the capital’s south docklands. Located in Hanover Street East in Dublin 2, the complex is in a prime location within minutes of Grand Canal Square. The Ivory Building is a smartly-designed and finished residential complex…