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Category: Property market news

11th October 2018
Belfast’s first ‘build to rent’ apartment scheme gets the thumbs-up from planners

Belfast’s first ‘build to rent’ apartment scheme gets the thumbs-up from planners

Plans for Belfast’s first ‘build to rent’ apartment scheme in the Cathedral Quarter have been given the nod by planners. Based in the city’s Academy Street, between Ulster University and The MAC, the £15m project is expected to create 110 jobs both directly and indirectly, during the construction phase and 25 when completed. A report […]
5th October 2018
Apartments plan unveiled for Belfast city centre building

Apartments plan unveiled for Belfast city centre building

The artistic vision behind a bid to transform a listed building in Belfast city centre has been revealed. Visuals for what the developer, Castlebrooke Investment, calls the Garfield & North project were unveiled yesterday by Colliers Residential. The London-based developer is seeking to construct 24 apartments at the corner of Garfield Street and North Street […]
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
Purplebricks makes its first foray into the Canadian market

Purplebricks makes its first foray into the Canadian market

Purplebricks is buying up DuProprio/ComFree (DPCF) in a £29.3m acquisition. In what will mark its first move into the Canadian market, the online estate agent confirmed it will take over DuProprio/ComFree, which provides a commission-free real estate service network with an online offering. Purplebricks stated the move offers “attractive opportunities to quickly grow market share […]
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 […]