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New life for this Dublin housing bubble relic: 5 things to know in property this week

Plus Jackie Lavin settles her housing dispute against long-time partner Bill Cullen.

WHETHER YOU’RE ALREADY a property owner or just jumping on the ladder, it’s always worth keeping on top of the happenings in the world of real estate.

Every Friday, we round up the most vital pieces of property news from the week just gone, from policy developments to interesting new builds.

Here’s what’s been happening over the last week from apartment building overhauls to the Stella Theatre’s grand re-opening…

1. Makeover for long-standing Dublin ghost apartment block

90154342_90154342 Sandyford’s 14-storey ‘Sentinel’ building. Source: RollingNews.ie

The ‘Sentinel’ Building in Sandyford, one of the most iconic symbols of Ireland’s property crash, is set to be finally completed, and could soon house almost 300 office suites.

Construction on the 14-storey office block started in 2007. Work was abandoned during the recession, but Dún Laoghaire–Rathdown council has now approved a plan to develop the building.

2. Here’s why developers need to sell Dublin apartments for €470,000

032-dublin-rents-copy_90521136 Charlotte Quay, Dublin. Source: RollingNews.ie

According to a study carried out by the Society of Chartered Surveyors Ireland (SCSI), a developer needs to sell medium-rise apartments in the city centre for €470,000 for a project to be viable.

As part of the study, the SCSI analysed 28 housing schemes consisting of a total of 2,146 two-bedroom apartments, all of which were based in Dublin.

3. New public housing campaign aims for ‘water charges-style’ approach

31/7/2015. Construction Building Industry Barretstown Meadows in Newbridge, County Kildare. Source: RollingNews.ie

A new campaign has been launched to demand the creation of a new universally accessible public housing system, in the hope that it will become “as big as the anti-water tax movement.”

The alliance of political organisations, elected representatives and homelessness groups behind The Campaign for Public Housing believe a “water charges-style mass movement has the potential to force the government’s hand on housing”

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4. Jackie Lavin settles housing dispute against partner Bill Cullen

3665512 Jackie Lavin and Bill Cullen. Source: Darren Kinsella/RollingNews.ie

Jackie Lavin has resolved her High Court action against her long-time partner Bill Cullen, over an alleged failure to complete a €1 million deal for the sale of Killegy House in Co Kerry.

Lavin brought proceedings against Glencullen Properties Ltd and Cullen, who is the firm’s sole shareholder and a director of the company. No details of the settlement, which is understood to be confidential, were given in open court.

5. First look inside Rathmines’ revamped Stella Theatre

river Rathmine's revamped Stella Cinema. Source: TheJournal.ie/YouTube
TheJournal.ie got a first look inside Rathmines’ Stella Theatre ahead of its grand re-opening this week. Click here to check it out on video.

Built in 1932, the theatre has been restored to its original glory – with a cocktail bar and balcony viewing added.

And finally, this week’s property buzzword…

We’re breaking down the complicated world of property jargon, one buzzword at a time. This week, it’s Shaker-style, a design term usually used in reference to kitchens – those made from real wood with panelled unit doors. The Shakers were an offshoot of the Quakers, famous for their craft work.

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