wagamama, one of the UK’s most recognisable dining brands, has announced that it will open a new restaurant at popular leisure destination Odyssey Place later this year – creating 40 new jobs. The opening will mark the brand’s second venture in Northern Ireland, building on the success of its existing location at Victoria Square, with guests able to look forward to the fresh, vibrant...
Belfast
Two recent announcements from the government and Belfast City Council appear to be at odds with one another. The first came from Finance Minister John O’Dowd, who outlined his intention to require owners of vacant commercial properties in Northern Ireland to pay 100% rates. The argument behind this move is that the government will intervene and tackle major sites of dereliction in urban centres, such...
By Brian Lavery, Managing Director, CBRE NI We are all aware that the Covid-19 pandemic challenged the traditional office model, with UK office occupancy currently averaging just 37% compared to 60-80% occupancy in 2019. In the years following the pandemic, many companies made the decision to downsize or redesign their offices to better suit a hybrid working environment, with many moving to more...
Leading commercial property agent CBRE NI has announced that Ross’s Court, a landmark property in Belfast city centre, has been brought to market, with offers sought over £7,000,000 (Seven Million Pounds Sterling) excluding VAT. Occupying a prime location on William Street South, with additional access from Arthur Place and Montgomery Street, Ross’s Court presents a unique opportunity for investors...
The owners of EDŌ restaurant have expanded their Belfast city centre presence with the opening of Beau in Cathedral Quarter following a significant investment into fit-out. This exciting development is highly-acclaimed owners Charlotte Noren and Jonny Elliott’s second restaurant in the city, with EDŌ continuing to trade successfully on Upper Queen Street. Located at a 2,000 sq ft unit which the...
CBRE Northern Ireland has announced the listing of Dukes at Queens, a boutique hotel located in the heart of Belfast’s vibrant Queen’s Quarter, with offers in excess of £3 million being sought. The landmark property at 65-67 University Street is being offered for sale with full vacant possession. Ideally positioned just a short walk from Queen’s University Belfast, Botanic Gardens, and the...
Landmark office development Adelaide Exchange is set to undergo a new phase of its retrofit transformation, reinforcing its status as a premier workspace in Belfast city centre. Leading commercial property agent CBRE NI has announced that planned refurbishment works have commenced, further enhancing the sustainability and functionality of this Grade A office development. This latest stage will focus...
Occupancy levels at the Park Centre in Belfast have risen to over 95% following the arrival of a new store amidst a host of leading retailers extending their leases. Global restaurant brand Subway has completed a new long-term lease and undertook a new corporate fit out with the shopping centre. Meanwhile, UK-wide supermarket Iceland, which is one of the shopping centre’s anchor tenants, Clonard...
CBRE NI has announced a new strategic partnership with CBRE Global Workplace Solutions which will significantly expand the company’s Facilities Management services within the Northern Ireland marketplace. This collaboration builds upon several major contracts and aims to extend CBRE's footprint to include client contracts across Ireland. Gerard McCann, Executive Director at CBRE NI,...
CBRE NI has today issued a stark warning that three quarters of Belfast’s office stock may become obsolete by 2030 due to upcoming EPC (Energy Performance Certificate) legislation. Speaking to over 500 guests at firm’s annual commercial property Outlook event at ICC Belfast, CBRE NI Managing Director, Brian Lavery, said that it is only a matter of time before regulations, already in place in England...