Category: Property Industry News

10th September 2018
Transformation of ex UTV building into student accommodation

Transformation of ex UTV building into student accommodation

Forming UTV building, Havelock House in south Belfast will become student accommodation after being recently purchased by a developer. This distinctive building sits on the City Centre end of the Ormeau Road. Havelock House was acquired by Olympian Homes who have recently finished a student accommodation.  Olympian Homes built a 474-bedroom development of student housing […]
14th August 2018
Belfast easyHotel officially opens its doors

Belfast easyHotel officially opens its doors

The first easyHotel in Northern Ireland has opened ahead of schedule. The ‘super budget hotel’ is located on Howard Street in Belfast City Centre. Boasting four floors, free WiFi throughout and a range of rooms including family rooms, double rooms, superior rooms and facilities to cater for those with disabilities, attached to the entrance is […]
10th August 2018
350 new homes to be constructed in Bangor

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 […]
30th July 2018
Nambarrie Tea building bought for £2.5m by hotelier

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

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

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 […]