This afternoon, Lisney chartered surveyors made several observations on Budget 2019 in relation to property. In particular, Lisney welcomed the assistance given to private residential investors, the increased spending on housing generally and the increase in the threshold for Group A in Capital Acquisitions Tax. However, Lisney expressed disappointment that the VAT rate in the hospitality and tourism sector is reverting to 13.5%.
The entire of White Heather Industrial Estate on Sotuh Circular Road in Dublin 8 and an adjoining three-bedroom house is being offered For Sale by Public Tender through joint agents Lisney and PALRE.
Extending to approximately 6,740 Sq.M. on 1.15 hectares (2.84 acres) with 188m of canal frontage, the investment is currently producing rental income of €542,000 per annum from five tenants, including An Post, which operates a sorting office from its premises.
Lisney continues to strengthen its teams with the promotion of Lynda Gordon and appointment of Fergus Slattery.
Lisney is pleased to announce the promotion of Lynda Gordon to Divisional Director within the investment Team. Lynda joined Lisney in 2006 and worked within the retail division. In 2009, she joined JLL and then moved to Knight Frank in Melbourne Australia and experience that gave her international experience across the sectors.
Former home of Smithwicks Bewery set to become a vibrant new urban quarter in the heart of Kilkenny City
Acquired by Kilkenny City Council in 2016, the 10 acre site that until 2013 housed Diageo's Smithwicks Brewery is set to become a vibrant urban quarter in the heart of Kilkenny city. Taking its name from the remains of the 13th century Franciscan Abbey, which will form a central feature of the development, Abbey Quarter will be a living and working destination for the local community as well as international and national businesses.