Airports are experiencing a period of major transformation. Once defined primarily by passenger numbers and flight movements, they are now being reimagined as complex, high-performing real estate ecosystems. The recent PTE World 2026 event brought this shift into sharp focus, highlighting how technology, sustainability and commercial strategy are converging to reshape not only how airports operate, but...
Commercial Property
Transaction levels in Northern Ireland’s commercial property investment market almost tripled over the last 12 months, leading commercial property agent CBRE NI has revealed. A total of £294 million was invested across 33 completed transactions during 2025, representing an increase of £176m when compared with 2024. Retail once again dominated the investment landscape, accounting for 75% of total...
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...
Leading commercial property agent CBRE NI, a member of the CBRE affiliate network, has adopted an innovative new ownership model that will ensure employees benefit fully from the future growth of the company. The business has established an Employee Ownership Trust (EOT), becoming one of a growing number of Northern Ireland firms to embrace this model. Mills Selig and Maneely McCann advised on the...
By Brian Lavery, Managing Director, CBRE NI While recent commentary has had to address some of the difficulties faced by the commercial real estate market in Northern Ireland, one of the most resilient sectors throughout this period has been the out-of-town retail park market. Our latest CBRE NI research, published just last month, revealed that retail parks are strongly outperforming the broader...
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...
In response to the Chancellor’s 2024 Autumn Budget, Brian Lavery, Managing Director at CBRE Northern Ireland, said: “There is no denying that the increased tax burden that the Autumn Budget has placed on businesses will present major challenges for employers and the Northern Ireland economy in general. “However, there are some positives to be gleaned, particularly the unpausing of Growth Deals...
In a series of presentations to key industry stakeholders, CBRE NI’s Valuation Team has highlighted the importance of recognising how sustainability has become intrinsically linked to valuation and capital expenditure in the commercial property market. Deborah Cromie, Director within the Valuation and Professional Services team, welcomed representatives from a wide range of banks to the seminars at...
An industrial park in Co Antrim is expanding with a new build unit being brought to the rental market and a further warehouse receiving planning permission. The new units will add more than 62,000 sq ft of space to Creagh Industrial Park outside Toome representing an excellent opportunity for business growth and development to new tenants. Proposals for a 51,667 sq ft unit for industrial,...