14th August 2018
Category: Property Industry News
10th August 2018
350 new homes to be constructed in Bangor
A multimillion pound development has commenced that will provide 350 new homes for Bangor. Developed by Lagan Homes, the Helens Wood project will be set on a 17-acre site surrounded by woodland and overlooking a 3.5 acre lake. The houses are expected to come with asking prices between £147,500 and £200,000. Lagan Homes have stated the […]7th August 2018
New development planned for Ormeau Road
A new mixed use development is planned for the former First Trust Bank on the Upper Ormeau Road in Belfast. A planning application, made by PWD Developments, is seeking to create a development which will incorporate a new retail and cafe development alongside eight apartments. The proposal includes three ground floor units set up for […]30th July 2018
Nambarrie Tea building bought for £2.5m by hotelier
Belfast’s famous Nambarrie Tea building has been acquired by a hotel firm in a deal worth £2.55m. The industrial building in Waring Street in the city’s Cathedral Quarter is thought to have attracted interest from at least four hotel companies before the successful bid – which was above the £2.2m asking price. The building spent […]17th July 2018
Strong growth predicted for NI property market
The price of Northern Ireland houses is predicted to rise by 4% over the next four years. The growth has been forecasted by PwC‘s latest UK Economic Outlook (UKEO). Northern Ireland is forecast to experience a boost of around 4%, with average house prices, currently around £128,000, reaching £154,000 by 2022. PwC said the local […]16th July 2018
Northern Ireland estate agents report renewed confidence in market
A new survey from the Royal Institution of Chartered Surveyors (RICS) and Ulster Bank has revealed Northern Ireland’s estate agents are forecasting rising house prices as confidence in the market grows. The report said sales expectations among Northern Ireland surveyors are at their highest since last summer. Also noted in the survey was a rise […]30th June 2018
Guild of Property Professionals to launch in Northern Ireland
The Guild of Property Professionals is launching its expansion into Northern Ireland. CEO of the Guild, Iain McKenzie, said of the NI expansion: “It is a milestone in our development and marks an exciting opportunity to expand in a country we have not reached before.” With almost 800 independent estate agent members across England and […]29th June 2018
Multi-million pound development planned for Belfast’s Smithfield area
Plans for a major office and retail development to transform a car park at Belfast’s Smithfield Market have been unveiled. 650 construction jobs could be created if the multi-million pound development goes ahead. A 1.25 acre site between Gresham Street and Winetavern Street has been earmarked for the development, with three new buildings being proposed […]28th June 2018
Bests mark 140 years experience
Best Property Services, one of the region’s leading residential and commercial property agencies. This month marks 140 years combined Director experience this month in residential, land and commercial services. With over 140 years’ experience, Best Property Services can offer clients unrivalled knowledge of the local property market. Best bring the best in property Managing Director […]27th June 2018
