News

Agents Knight Frank are seeking offers in excess of €1m exclusive for a mixed-use commercial investment in the south Dublin suburb of Tallaght. The Village Square, Tallaght, is fully let and comprises two separate blocks of retail and office units. Knight Frank are offering a portfolio of multiple commercial units comprising two retail units and […]

Deutsche Bank said it will raise €8bn in a planned capital increase as the lender seeks to shore up its finances. The German bank will issue 687.5 million new shares at €11.65 each, Deutsche Bank said in a statement yesterday in Frankfurt. That is a discount of about 35pc compared to Friday’s close. The underwriting […]

For the disillusioned professional fed up with the 9-6 grind, navigating office politics or managing thankless workloads, ditching the commute and striking out alone as a self-employed contractor, whatever the field, is an exciting prospect. While not a new phenomenon, this trend is becoming particularly apparent across industries such as banking and finance, construction, technology […]

Specialist lender Dilosk has swooped on a portfolio of performing loans in a move aimed at increasing the fledgling firm’s toehold in the market. It is understood the mortgages are worth close to €60m, with sources pointing to Australian financial services outfit, Pepper Group, as the most likely seller. The Sydney-based company declined to comment. […]

Canary Wharf Group is mulling a sale of its stake in one of the City of London’s most recognisable buildings, according to reports. The company is seeking agents to market its 50pc stake in 20 Fenchurch Street, known as the Walkie Talkie, for around £600m(€686m). Canary Wharf Group manages its half of the building on […]

An ebullient Paul Coulson has insisted that the Ardagh packaging giant he helped to create is only halfway through what he described as a “phenomenal adventure” following its New York Stock Exchange flotation yesterday that valued the group at about $5.2bn (€4.88bn) after its shares surged 18pc. The executive chairman of the company, Mr Coulson […]

Trade unions have called for major reform of how the pay of executives is set in quoted companies and semi-states. The Irish Congress of Trade Unions wants more transparency around how the remuneration of top bosses is arrived at, a limit on bonuses and a higher rate of tax for those earning more than €1m […]

DUBLIN is ahead of London, but lagging well behind other developed cities as an attractive posting for expats. The Irish capital has ranked as just the 34th best place to live, according to Mercer’s Quality of Living review. Dublin’s ranking is ahead of London and Paris, but far behind a number of comparable EU cities, […]

Ireland fears some rival countries are using lower regulatory standards to lure financial jobs moving as a result of Brexit. Financial Services Minister Eoghan Murphy raised the concerns at a meeting with European Commission vice-president Valdis Dombrovskis, the Department of Finance confirmed last night. Its understood the single banking regime in place across the EU […]

A new report from Savills on Ireland’s property investment market has revealed that 1.1 million sq m (11.84 million sq ft) of modern office space has changed hands in Dublin since the beginning of 2013 – equivalent to one-third of Dublin’s entire office stock. The figure for the city’s Central Business District (CBD) is even […]