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Category: Property market news

24th January 2018
Sale of Belfasts CastleCourt boosts Northern Irelands commercial property market

Sale of Belfasts CastleCourt boosts Northern Irelands commercial property market

The multi-million-pound sale of CastleCourt shopping centre has considerably boosted Northern Ireland’s commercial property market. Belfast’s popular CastleCourt Shopping Centre was purchased by Co. Down investment firm Wirefox at £123 million last July. New research has suggested that this transaction, which was among the biggest in recent years, was a key factor in the commercial […]
22nd November 2017
Government to stamp out gazumping

Government to stamp out gazumping

Ministers are reviewing regulations that will bring an end to time-wasting offers and will look at introducing new rules to stop people from cutting their offer at an advanced point in a sale. Newly released figures suggest that as many as one in eight transactions this year have been subject to gazumping, being sold at […]
14th November 2017
One third of NI people say “Not in my backyard”

One third of NI people say “Not in my backyard”

A third of NI’s NIMBYs admit to being frustrated that the next generation can’t afford to buy their own home, according to the latest research by the Federation of Master Builders (FMB). The FMB’s UK-wide research into NIMBYs (‘not-in-my-back-yarders’), or in other words people who tend to take an anti-development view to new homes being […]