15 August 2018
Activity levels in Q2 picked up significantly after our traditionally slow start to the year. Transaction volumes hit £55m with the sale of Next on Donegall Place to Corum Asset Management being the most positive in a sector which has experienced significant headwinds in the last 12 months. The transactionwas Corum’s first in Northern Ireland and Lisney were delighted to have advised them in the acquisition.
02 May 2018
Q1 2018 has seen record breaking volumes of office take up with c. 270,310 sq. ft. transacting across 23 deals. Similarly to quarters 3 & 4 2017, take up by tech/digital and media occupiers continues to account for the lion’s share of activity, equalling 70% in Q1 2018. The emergence of these sectors as the dominant force in the market has been a real positive for Belfast.
16 January 2018
Against a challenging economic backdrop the Northern Ireland commercial property market has remained robust, with investment volumes surpassing the 2016 figure of £213m to reach £305m as 2017 comes to a close. A notable positive in the context of both national and local political challenges serving to highlight the strong fundamentals that exist locally.
24 October 2017
Q3 has seen a significant jump in volumes to £199m following the quiet opening months of the year with less than £30m transacted in the run up to the summer. The most significant transaction being Wirefox’s acquisition of Castlecourt in a deal worth c. £123m.