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Showing all blog posts filed under Industry News

23

Oct

For sale: Northern Irish land once held by 'bad bank' Nama

Posted on 23rd October 2014  |   Add a comment

For sale: Northern Irish land once held by 'bad bank' Nama

Assets formerly held by the Republic's bad bank Nama are on the market in Northern Ireland in sales worth a potential £5m. Properties and land which were formerly owned by Kennedy Group in Portrush, which also owned the Ramada Hotel in the town, are among the first to be put on sale by new owners Cerberus. According to agents Lambert Smith Hampton,...

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13

Oct

US tycoon Tony Saliba seals Lough Erne Resort deal

Posted on 13th October 2014  |   Add a comment

US tycoon Tony Saliba seals Lough Erne Resort deal

A billionaire American business tycoon has completed a cut-price deal for the luxurious Lough Erne Resort. And the Enniskillen hotel's award-winning golf course is likely to ensure the new owner is a regular visitor due to his family's much-publicised love for the game. The five-star hotel enjoyed global exposure last year when it hosted the G8 leaders, including US president Barack Obama...

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9

Oct

Estate agent's plea for millionaire mansions - as property demand outstrips supply in Northern Irela

Posted on 9th October 2014  |   Add a comment

Estate agent's plea for millionaire mansions - as property demand outstrips supply in Northern Irela

It's a millionaire's market. Northern Ireland's recovering property market is being fuelled by an unexpected rush for houses worth more than £1m, according to a prominent estate agent. The Belfast-based Templeton Robinson estate agents says it has 12 would-be buyers just itching to invest up to £2m in their dream home – so much so they can't keep up. The affluent dozen...

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8

Oct

Property deals are on the rise as sales reach £400m in Northern Ireland

Posted on 8th October 2014  |   Add a comment

Property deals are on the rise as sales reach £400m in Northern Ireland

Over £400m has been invested in Northern Ireland's commercial property so far this year, it has been revealed. For the first nine months of the year 21 transactions totalling over £411m were signed, according to property consultants CBRE. Figures for the last quarter of the year – from July to September – signalled a bumper time for property deals with over £267m...

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1

Oct

Door opens for the housing market - and the figures are there to prove it

Posted on 1st October 2014  |   Add a comment

Door opens for the housing market - and the figures are there to prove it

CONFIDENCE in the housing market is at its highest level for some considerable time. The figures speak for themselves — every sector of the market is showing a significant increase in activity. Statistics in the national press show a positive trend in the housing market. Whilst the overall positive message is also true of local markets, many of the statistics...

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1

Oct

Belfast house prices rising 'as fast as London'

Posted on 1st October 2014  |   Add a comment

Belfast house prices rising 'as fast as London'

House prices have increased in Belfast at the same rate as London - with a massive 21% growth in the last year, says Nationwide. The average property in Belfast is now worth £188,240, according to the building society's House Price Index. While prices have not risen as sharply across the rest of Northern Ireland, the province still saw a 10.2% increase in...

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1

Oct

'Property guardian' plan for Ulster

Posted on 1st October 2014  |   Add a comment

'Property guardian' plan for Ulster

A novel Dutch property scheme that enables people to live in unoccupied buildings in exchange for looking after the place is heading to Northern Ireland.The 'property guardian' concept has seen offices, warehouses, convents and even pubs turned into temporary low cost accommodation. Camelot Property Management, which has utilised buildings across Europe by filling the empty space with people looking for affordable...

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23

Sep

Return of the £1 million house: Sale of two homes at double asking price a sign of Northern Ireland

Posted on 23rd September 2014  |   Add a comment

Return of the £1 million house: Sale of two homes at double asking price a sign of Northern Ireland

It's the return of the £1m house. The Belfast Telegraph can reveal that the sales of two period houses for more than £1m each were agreed in the past week - and both went for at least double the asking price. After months in which analysts claimed that the house price recovery would not be felt until the 'des res' homes...

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11

Sep

Northern Ireland Housing Market Records Highest Price Gains in the UK

Posted on 11th September 2014  |   Add a comment

Northern Ireland Housing Market Records Highest Price Gains in the UK

Northern Ireland's housing market has recorded the strongest price gains in the UK, according to the latest RICS and Ulster Bank Residential Market Survey. August was the 15th month in succession that surveyors in Northern Ireland indicated that prices rose, with a price balance of 68% – up nine percentage points on July. Local surveyors anticipate the trend to continue, with expectations...

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3

Sep

Yours for £400k... Patrick Kielty's Luxurious Dundrum Seaside Retreat for Sale as he Settles in US

Posted on 3rd September 2014  |   Add a comment

Yours for £400k... Patrick Kielty's Luxurious Dundrum Seaside Retreat for Sale as he Settles in US

It's the last word in luxury - with stunning views, a cinema and a home gym. Top comedian Patrick Kielty, who has settled in the US with his wife Cat Deeley, is giving up the couple's plush Northern Ireland base. The eye-catching retro-style detached house in the star's home town of Dundrum has just gone on the market with an asking price...

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