Real estate investment in NI on course to double in 2021 says CBRE Commercial real estate agency CBRE NI has said it expects to see much-improved real estate investment spend in Northern Ireland in 2021 – compared to the same period in 2020 – as over £147m of transactions complete in H1. Investment activity in Northern Ireland during 2020 was limited due to obvious challenges presented by...
CBRE NI says real estate investment spend could double or triple in 2021 Commercial real estate agency CBRE NI has said it expects to see much healthier real estate investment spend in Northern Ireland in 2021, which they expect to spectacularly outperform 2020. Investment activity in Northern Ireland during 2020 was limited due to obvious challenges presented by Covid-19. The yearly investment total...
Ebrington development partner to manage £1.5m office refurb at iconic Derry site Ebrington Holdings Ltd, the development partner of the NI Executive on the Ebrington site in Derry/Londonderry, has said that it is delighted to have received planning permission on the well-known Building 85 within the site, which will be transformed into Grade A office accommodation, representing a £1.5m...
Plans approved for second phase of Kings Hall Health and Wellbeing Park Development of the Kings Hall Health and Wellbeing Park will continue apace after Belfast City Council approved plans for the final part of the scheme. The latest plans include outline consent for additional age exclusive living, medical and life sciences accommodation, a multi-storey car park, creation of a central plaza and...
EZ LIVING INTERIORS INVESTS IN ‘LAST MILE DELIVERY’ IN BUSINESS EXPANSION Much-loved homeware store EZ Living Interiors has expanded its business and created 25 new jobs in Belfast, with the investment in a 9,000 sq ft warehouse. The warehouse based within Titanic Quarter in Channel Commercial Park supports its ‘last mile delivery’ strategy in Northern Ireland. CBRE NI Director Lisa...
Belfast well-positioned to capture success in commercial real estate Belfast is in a unique position to take advantage of pent-up demand and high levels of liquidity in the commercial real estate sector, as property experts CBRE predict a stronger second half of the year. Spencer Levy, Chairman of Americas Research and one of CBRE’s global senior economic advisors, was speaking at the CBRE NI...
Prime retail warehouse investment opportunity – Shane Retail Park, Belfast One of Belfast’s leading retail parks has been placed on the market for offers in excess of £19.7m. Shane Retail Park, which was constructed in 2003, comprises over 170,000 sq ft of prime retail warehouse units, and is located at the southern entrance of the Boucher Road. The scheme is anchored by a 50,000 sq ft...
Construction of Dataworks at Kings Hall Health and Wellbeing Park complete The first phase of development of the Kings Hall Health and Wellbeing Park has been completed and handed over to developers Benmore Octopus by construction firm H&J Martin. Precision Medicine hub Dataworks – part of Kings Hall Life Sciences – sits adjacent to the iconic Kings Hall building and will welcome its first...