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Dublin: 7 °C Tuesday 21 January, 2020

This week’s vital property news: Limerick city's €500million makeover

Everything you need to know in one quick guided tour.

Source: Infomatique via Flickr/CC

The Big Movers

€500 million to be invested in Limerick city

The government and Limerick City and County Council have launched a plan this week to invest €500 million into the city in an effort to transform it. Plans will include a new film studio and infrastructure and it is hoped the scheme will create 5,000 jobs over the next five years.

Vulture fund Cerberus is moving against Kerry company

The US vulture fund Cerberus has appointed a receiver to Kerry building company WK O’Connor & Sons to enforce a loan agreement with the company.

Under Construction

felicity Source:

  •  Homeowners can pay up to €5,600 more just to live closer to a secondary school, according to the latest report.
  • A multi-million euro children’s science centre featuring a planetarium has just got planning permission from An Bord Pleanala. It will be located in the old north wing of the National Concert Hall.
  • 18 commercial and 12 retail units adjacent to Grafton street have gone on the market and are expected to fetch around €27 million according to an Irish Independent report.

Source: NCH

Des Res

If you yearn to live like royalty, the dream could be closer than you think – if you have around €3.2 million to spare, and want to live in London. Part of the 18th century Vanbrugh Castle, which was subdivided into four homes is on the market this week. Take a look inside and see how the other half live.

This week’s vital property news: Limerick city's €500million makeover
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  • Castle living

  • Castle living

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  • Castle living

  • Castle living

  • Castle living

  • Castle living

  • Castle living

  • Castle living

All images: Business Insider

And Finally…

Open House Dublin will run again this year 14-16 October and is themed around Irish Independence, titled The Presence of the Past. The Irish Architecture Foundation (IAF) is running the event with almost 90 building tours available to take.

Also: Dublin rents have now bypassed Celtic Tiger highs

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About the author:

Edel Corrigan

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