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Category: NI Property market

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 […]
3rd July 2018
5 Northern Ireland houses with tennis courts

5 Northern Ireland houses with tennis courts

Fancy yourself the next Roger Federer or Williams sister? Do you need to perfect that serve? Dream of playing on the big stage one day? With Wimbledon well under way, now is the time to start practising! To get into the swing of things, Propertynews.com are pleased to showcase 5 homes in Northern Ireland with their own […]
30th June 2018
Guild of Property Professionals to launch in Northern Ireland

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 […]
30th June 2018
Allstate open biggest office building in NI in 15 years

Allstate open biggest office building in NI in 15 years

Information technology company Allstate has opened a £30 million office building- the largest single office development for 15 years in NI. Located next to Belfast Central Station, the six-floor Laganside complex was officially opened on Thursday by Secretary of State Karen Bradley. The 140,000sq ft office was built over the duration of 2 years on […]