{"id":10411,"date":"2026-04-04T09:12:00","date_gmt":"2026-04-04T09:12:00","guid":{"rendered":"https:\/\/wangzhuan-idea.icu\/?p=10411"},"modified":"2026-04-04T09:12:00","modified_gmt":"2026-04-04T09:12:00","slug":"up-to-e750m-of-irish-property-assets-are-under-active-sales-negotiation","status":"publish","type":"post","link":"https:\/\/wangzhuan-idea.icu\/?p=10411","title":{"rendered":"Up to \u20ac750m of Irish property assets are under active sales negotiation"},"content":{"rendered":"<div data-testid=\"article-body\">\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Stephen Aherne, an associate director at the agency, says there has been an \u201cencouraging improvement in investor sentiment\u201d towards both residential and office assets.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">He was commenting after issuing figures for the first quarter which show that total investment spend reached \u20ac443m. \u201cActivity is expected to strengthen, with a number of significant transactions currently in legal negotiations,\u201d he added.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The standout transaction of the first quarter was GIC\u2019s acquisition of Newmarket Yard residential complex in Dublin 8 for \u20ac212m, the largest single asset transaction since the acquisition of Blanchardstown Shopping Centre in 2024.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">The second largest deal of the quarter was the acquisition of a portfolio of five industrial units in Dublin for \u20ac33m. <\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Aherne said the office sector performed strongly, recording \u20ac136m in investment, the second largest share of the market. A French fund bought Macken House for about \u20ac23m. Located on Mayor Street Upper in Dublin\u2019s north docklands, the modern six-storey building covers 4,770 sqm.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">After a tough few years, the TWM director said, investors are showing more interest in offices as more employees return to them and because \u201cpricing has become attractive\u201d.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Separate MSCI figures show that capital values for offices fell 28pc between the spring of 2022 and the last quarter of 2025, mainly due to the drag of older offices on the market and to a lesser extent the uncertainty as to what effect increased working from home would have on demand for office space.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Aherne said demand for residential investment also improved due to a number of factors, including European activity and the Government\u2019s rent reforms.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">\u201cWhile Dublin remained the primary destination for capital, a number of regional transactions highlighted growing investor appetite for value opportunities outside the capital,\u201d he adds.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">One of the more notable of the regional deals in the first quarter was Fine Grain\u2019s sale of Hawthorne House office building in Limerick to a French fund, Arkea Reim, for \u20ac16m.<\/p>\n<p class=\"indo-ebe0ecc6_root indo-ebe0ecc6_paragraph indo-300db776_none indo-91174671_primary indo-1d70522a_marginbottom5 indo-1d70522a_margintop0 indo-b48c4984_inherit\" style=\"color:var(--color-primary-80)\">Mr Aherne said the industrial sector is well positioned for strong performance. The big test will be Henderson Park\u2019s sales of a portfolio which market reports say is guiding \u20ac550m and includes Horizon Logistics Park in Swords.<\/p>\n<\/div>\n<p>source<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Stephen Aherne, an associate director at the agency, says there has been an \u201cencouraging improvement in investor sentiment\u201d towards both residential and office assets. He was commenting after issuing figures&hellip; <\/p>\n","protected":false},"author":1,"featured_media":10412,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[242],"tags":[],"class_list":["post-10411","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-editors-pick"],"_links":{"self":[{"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=\/wp\/v2\/posts\/10411","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=10411"}],"version-history":[{"count":0,"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=\/wp\/v2\/posts\/10411\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=\/wp\/v2\/media\/10412"}],"wp:attachment":[{"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=10411"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=10411"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wangzhuan-idea.icu\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=10411"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}