24 January 2017
As we look back on 2016, Q4 was no less surprising than the rest of what will be remembered as a pivotal year in NI, UK and US politics. The market has, however, remained relatively robust in a number of areas. That said, like the EU referendum & US election, NI’s commercial property market had both winners and losers throughout the past 12 months.
18 October 2016
Though caution still prevails, due to underlying concerns over the strength of the economy, the return of transactional activity has provided comfort that the pre and post Brexit lull did not herald a repeat of the crisis witnessed in 2007/2008. The fundamentals of investing in local commercial property remain robust, underlined by a good occupational story across all sectors.
21 July 2016
Strong investment volumes in the first Quarter of the year were met by cautious optimism with the impending EU Referendum on the horizon. As anticipated, many investors opted to delay decision making on the assumption that June 23rd would disperse Brexit driven uncertainty and bring further clarity to the economic landscape.
29 April 2016
Investment transactions and Cerberus selling out their loan book have driven the market in the first Quarter of 2016. Cerberus have been particularly active in this period agreeing the 15 acre Sirocco Site opposite the Waterfront hall, the Castlebawn development site in Newtownards, the long awaited Royal Exchange development site in Belfast city Centre and a number of significant residential sites in North Down and Londonderry.