Derry City and Strabane District Council Seeks Public Input on Newtownstewart Town Centre’s Future Feb 13, 2024 The Derry City and Strabane District Council has initiated a public consultation to gather insights and opinions on the proposed Newtownstewart Town Centre Regeneration Framework. Starting today, the four-week consultation is accessible via the Council’s website, inviting feedback from residents, local businesses, and community stakeholders on the draft framework. This draft document outlines strategies for […] Posted by: Mya Driver Read more
Northern Ireland Investment Fund provides £28 million loan to support Titanic Quarter hotel Jan 23, 2024 Northern Ireland Investment Fund has provided a £28 million development finance loan for the delivery of new Hamilton Dock hotel in Belfast’s Titanic Quarter. CBRE’s lending team is managing the fund and the loan will be passed to JMK Group. The Hamilton Dock site hotel is poised to offer an accommodation capacity of 230 beds […] Posted by: Mya Driver Read more
Northern Ireland’s Commercial Property Investment Hits Peak Since 2015 Jan 5, 2024 Northern Ireland’s commercial property sector has witnessed a remarkable surge in investments, totalling £338 million last year. This figure represents the highest investment volume the sector has seen since 2015, as reported by CBRE NI. This upswing in investment underscores a growing confidence in Northern Ireland’s commercial property market. It reflects an optimistic outlook from […] Posted by: Mya Driver Read more
£16.2 Million Boost for Newry City Park Development Dec 5, 2023 In a major boost for urban regeneration, Newry City Park has secured a £16.2 million funding injection. This development marks a significant milestone for one of Newry’s most ambitious urban rejuvenation projects. The approval of Newry, Mourne and Down District Council’s Outline Business Case (OBC) by the Department for Communities, coupled with the issuance of […] Posted by: Mya Driver Read more
Alterity Investments acquires prime retail sites in Belfast City Centre Dec 5, 2023 Alterity Investments has acquired three prominent sites in Belfast city centre which are home to some of the UK and Ireland’s best known retail brands. Alterity has purchased the adjoining Mayfair Building, Arthur Chambers and State Buildings, listed buildings which have frontages on to Cornmarket / Arthur Square, Arthur Street and William Street South. The […] Posted by: Mya Driver Read more
Council Unveils £630 Million Development Opportunity, Seeks Partners for Housing-Led City Regeneration Nov 3, 2023 Belfast City Council has launched a substantial venture, opening doors for a development opportunity valued at over £630 million, and is now in search of a proficient long-term partner to spearhead multi-site, residential-led, mixed-use developments across the city. This initiative aligns with the ambitious Belfast Agenda, aiming to accommodate an additional 66,000 residents by 2035 […] Posted by: Mya Driver Read more
Popular budget hotel in Belfast offered for sale Oct 18, 2023 A major budget hotel in Belfast city centre has been brought to the market for sale. Offers of more than £7.175 million are being invited for the 146-bedroom ETAP Hotel on Dublin Road. The hotel is let to Accor UK Business & Leisure Hotels Limited, part of AccorInvest, one of the world’s leading hoteliers operating […] Posted by: Mya Driver Read more
Ballymena retail park sold to local investor Oct 17, 2023 Phase 2, Braidwater Retail Park in Ballymena has been sold to a local investor for an undisclosed sum. The 93,000 sq ft asset which has tenants including The Range, Harry Corry and Smyths Toys has been purchased by Magmel (Ballymena) Ltd. Commenting on the deal, Andrew Coggins, Senior Director at selling agents CBRE NI said: […] Posted by: Mya Driver Read more
Queen’s University’s £100m Investment Opens Doors for Developers in Belfast Sep 21, 2023 Queen’s University, Belfast, has unveiled plans to invest up to £100 million over the next four years to address the rising demand for student accommodation in the city. This move comes in light of an anticipated “unprecedented upsurge” in the need for student housing, with projections indicating a requirement for an additional 3,000 rooms for […] Posted by: Mya Driver Read more
Major retail park in Lisburn offered for sale Sep 7, 2023 A major retail park at the heart of Lisburn city centre has been brought to the market for sale, seeking offers in excess of £4.85 million. Laganbank Retail Park comprises three retail units and a coffee shop and is currently home to occupiers TK Maxx, Pure Gym, Upstairs Downstairs and Ground Coffee. Including more than […] Posted by: Mya Driver Read more
