March 2024

CBRE NI invests in valuation and professional services as focus on sustainability grows

Leading commercial property agent CBRE NI’s Valuation and Professional Services offering has become the largest team of its kind in Northern Ireland after making several key appointments over the last 18 months. The recent restructure of the team has seen the appointment of four new surveyors, enabling the twelve strong team to focus on the increasing requirement to consider sustainability as part of...

Let’s build on the opportunity presented by the logistics sector

By Brian Lavery, Managing Director Much has been written recently regarding the problems in the office and retail sector of the commercial real estate market. Little has been said, though, about the potential opportunity in the logistics sector. Demand for logistics space, and last mile delivery service space, reached a crescendo during the Covid-19 pandemic and, since then, it has continued to...

Planning application submitted for first major health hub in inner-city Belfast

A planning application has been submitted to deliver what would be the first major multi-use health facility in inner-city Belfast. Healthworks, developed by OCMC Ltd and located in Great Victoria Street, would become a Grade A health hub accommodation that is designed to meet the requirements of a range of occupiers, including GP, specialist occupational health and pharmacy services. The location...

Andras House acquires Belfast’s ETAP hotel investment

A prominent investment property on Belfast’s Dublin Road, comprising the 146 bed ETAP Hotel, has been sold by CBRE Northern Ireland together with CBRE Hotels Dublin to Belfast’s largest hotel group, Andras House for £7.35 million. The group’s existing portfolio includes Crowne Plaza Belfast; Hampton by Hilton; Ibis Coleraine Riverside; Holiday Inn Belfast City Centre; Ibis Belfast City Centre;...