3rd July 2018
Category: Property market news
2nd July 2018
Northern Ireland offers landlords the best yield
Data from Direct Line for Business has revealed that Northern Ireland offers landlords the best returns in the UK. This is 2% above the average yield for landlords in the UK, which currently stands at 3.6%. With an annual return of 5.6%, the region offers landlords the highest return- followed by Scotland (5.3%) and the […]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 […]27th June 2018
Hampton by Hilton opens its first NI hotel
With 2,346 properties in 21 countries across the globe, Hampton is one of Hilton’s most successful brands. Being Hilton’s ‘focussed service’ brand, Hampton offers free WiFi for all guests, a well-appointed bedroom and a complimentary cooked breakfast. A 24-hour food and dinner service is also available in its open plan lobby concept. It’s no surprise […]25th June 2018
Innovative Newry offices revealed
An exciting office development has been unveiled on Kildare Street in Newry. The Granite Exchange presents a modern approach to office space. The redevelopment of the former Smyth’s Sports shop offers a flexible range of fully-furnished office sizes, meeting rooms and co-working spaces. Meeting rooms hold up to 10 people whilst office suites range from […]23rd June 2018
£53m Grand Central hotel checks in first guest
After two years in the making, the four-star Grand Central hotel in Belfast city centre has checked in its very first guest. An international corporate visitor became the first guest to be welcomed to the Bedford Street hotel. Hastings, the hotel group behind Grand Central, paid £6.5m three years ago for the Nama-owned property and […]22nd June 2018
Law firm Elliott Duffy Garrett celebrates 45 years with new offices
Commercial law firm Elliott Duffy Garrett (EDG), have cut the ribbon on their new offices in Belfast city centre’s 40 Linenhall Street. Senior figures from across the public, private and voluntary sectors were welcomed to the opening event. “In today’s market, businesses need lawyers not only to resolve legal issues but also to support their […]21st June 2018
Belfast hotel completes £5m extension
Leading hotels group Andras has finished a 60-bedroom extension to its Holiday Inn Express in south Belfast, totalling £5m. The hotel, based on University Street, has been enhanced to include underground parking and an additional two-storey bedroom wing. The work was completed by MSM contracts who are furthermore in the process of refurbishing Andras Crowne […]20th June 2018
