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...
development
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 Northern Ireland Investment Fund (NIIF) managed by CBRE’s Lending team, has provided a £28 million development finance loan to JMK to facilitate the development of the Hamilton Dock Hotel site, within Belfast’s Titanic Quarter. On completion, the prominent site will comprise a 228-bed Aloft Hotel and Residence Inn Aparthotel, operated under a Marriott franchise agreement: JMK Group.by Marriot....