Real Estate

Demand For Senior Living: Northern Ireland’s Key Role In Supplying The Market

By Brian Lavery, Managing Director, CBRE Northern Ireland With UK student numbers reaching a record high, and Belfast remaining an ever-popular university city, it’s unsurprising to see an abundance of purpose-built student accommodation (PBSA) popping up around the city. However, we simply cannot afford to slip into an ‘out with the old, in with the new’ mentality and ignore the fact that...

Creagh Industrial Park to Expand With New Builds

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,...

Budget Hotel Offered For Sale in Belfast

A major budget hotel in Belfast city centre has been brought to the market for sale. Offers of more than £7.175 million are being invited for the 146-bedroom ETAP Hotel on Dublin Road. The hotel is let to Accor UK Business & Leisure Hotels Limited, part of AccorInvest, one of the world’s leading hoteliers operating in 27 countries with over 760 hotels. Gavin Elliott, Senior Director at...

Ballymena retail park sold to local investor

Phase 2, Braidwater Retail Park in Ballymena has been sold to a local investor for an undisclosed sum. The 93,000 sq ft asset which has tenants including The Range, Harry Corry and Smyths Toys has been purchased by Magmel (Ballymena) Ltd. Commenting on the deal, Andrew Coggins, Senior Director at selling agents CBRE NI said: “The sale of Braidwater Retail Park is just the latest in what has been...