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16

Sep

Trinity College Dublin sells its only academic building in Belfast

Posted on 16th September 2015  |   Add a comment

Trinity College Dublin sells its only academic building in Belfast

Trinity College Dublin is selling its only academic building in Belfast - but has insisted it is not leaving the city. TCD's Irish School of Ecumenics was based in a property on the Antrim Road, but operations have ceased and the building has been put on the market. Students studied an MPhil course in conflict resolution and reconciliation there until recently. The property,...

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16

Sep

Northern Ireland house prices up 7.4% in year to an average of £154,000

Posted on 16th September 2015  |   Add a comment

Northern Ireland house prices up 7.4% in year to an average of £154,000

House prices rose faster in Northern Ireland than anywhere else in the UK in July 2015 compared to a year ago, official data has found. The Office for National Statistics (ONS) said the 7.4% hike meant an average property is now worth £154,000. But homes here remain valued at less than in any other region. Prices went up by 5.6% year-on-year to...

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15

Sep

Reduced rates have led to influx of new retailers in Belfast city centre

Posted on 15th September 2015  |   Add a comment

Reduced rates have led to influx of new retailers in Belfast city centre

The recent reduction in rates in Belfast city centre — for which Belfast Chamber of Trade and Commerce had been lobbying for a number of years — along with a general upturn in consumer sentiment, has seen a flurry of new activity and influx of new retailers into the city centre. This is a trend which is set to continue as...

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15

Sep

Asking price of nearly £6m for Belfast offices on Chichester Street

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Asking price of nearly £6m for Belfast offices on Chichester Street

A major Belfast office building entirely occupied by government tenants has gone on the market through CBRE for £5.75m. Oxford and Gloucester House fronts on to Chichester Street and is close to the Belfast law courts. The Seventies building is being sold by commercial property agents CBRE on behalf of an unnamed private investor in Northern Ireland — and the agency...

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15

Sep

Hotel at Belfast City Quays site is a step closer

Posted on 15th September 2015  |   Add a comment

Hotel at Belfast City Quays site is a step closer

Work could soon start on a major hotel project in Belfast as part of the City Quays development, after a firm was appointed to begin landscaping the area. Park Hood, based in east Belfast, has won the tender to design the area around the proposed City Quays hotel and second office complex in the Belfast Harbour development. The company said it was...

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12

Sep

Home loss fears over one-in-12 struggling with negative equity

Posted on 12th September 2015  |   Add a comment

Home loss fears over one-in-12 struggling with negative equity

One in 12 households across Northern Ireland is in negative equity, it can be revealed. Indeed, almost half of all UK houses stuck in negative equity are located here - and one local property expert has warned that "the dam is about to burst". The shocking statistics show that, in the past four years, the number of local homes where the mortgage...

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12

Sep

Property boost as developer funds new housing scheme in Co Antrim

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Property boost as developer funds new housing scheme in Co Antrim

Housebuilding in Co Antrim has received a boost after a property developer ploughed £4m into a new scheme. Cultra Developments is building 32 new homes in Ballyclare - and director James Patterson said the houses were already selling well. The Riverhill Manor development is being funded by Ulster Bank and follows a long period dating back to the downturn in which builders...

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12

Sep

Ten Square's new owners plan hotel redevelopment: Planning application to refurbish Belfast city cen

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Ten Square's new owners plan hotel redevelopment: Planning application to refurbish Belfast city cen

Work is under way to redevelop Belfast city centre hotel Ten Square following a planning application by its soon-to-be new owners. Ten Square on Donegall Square, just behind City Hall, is an award-winning hotspot which was once owned by property developer John Miskelly. But his company lost control of the business in January when administrators EY moved in. It was understood Kilmona Holdings,...

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12

Sep

Idyllic seaside home that boasts Ireland's smallest church up for sale

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Idyllic seaside home that boasts Ireland's smallest church up for sale

It is thought to be the smallest church in Ireland. And now St Gobban's on the grounds of The Braddan on the Portbradden Road, Bushmills, is up for sale. Built in the 1950s, the charming non-denominational church on the Causeway Coast near the Giant's Causeway is just 11ft 4ins x 6ft 9ins (3.45m x 2.06m). It has played host to dozens of marriage...

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10

Sep

Turnover at Northern Ireland's housing groups up 5.5%

Posted on 10th September 2015  |   Add a comment

Turnover at Northern Ireland's housing groups up 5.5%

Turnover at Northern Ireland's housing associations has grown by 5.5% to £214m in the past year, according to global accounts for the sector published today. And at 4.3% over the last year, the growth in new social housing units in Northern Ireland was higher than in Britain as a whole, up just 2.3%. Business adviser PwC unveiled the accounts at the Northern...

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