Daft Daft

EVERY WEEK, WE bring you all the news you need to know about the property market.

The Big Movers

A Dublin office building has sold for over €51 million

Hibernia, an Irish real estate trust, has bought the Central Quay building in Dublin’s docklands. The six-storey building was sold for €51.3 million.

Private Residential Tenancies Board brings criminal charges against two landlords

The Private Residential Tenancies Board (PRTB) has launched legal proceedings against two landlords who both failed to register a tenancy as required. The landlords have both been fined and ordered to pay court costs.

Under Construction

Daft Daft

• Home repossessions dramatically increased in the first nine months of 2015 with 80% more houses being repossessed. 
• This house in Co Wexford is slowly falling into the sea, and has had to be abandoned.
• The Department of the Environment has provided almost €60 million to return social housing to an energy-efficient lettable state in the previous two years.

Des Res

If you’re not afraid of heights, then you might fancy living in the tallest residential building in the western hemisphere. 432 Park in New York sold its first apartment this January for a cool $18 million (approximately €16 million) – or you can rent one for just $60,000 (€54,400) per month.