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This week’s vital property news: An interesting competition in Cork and more difficulty for Nama

Everything you need to know in one quick guided tour.
Jul 23rd 2015, 12:48 PM 2,541 0


THIS WEEK THE postmen and women of Ireland have been lauded for their ability to deliver a letter, no matter how vague the address written on it. There was also some difficulty for Nama, which has faced further questioning from independent TD Mick Wallace.

Here’s all the week’s property news.

The Big Movers

It’s called what? 

This week Cork City Council announced that it will be running a competition entitled ‘Pimp My Street’.

It will see different streets in the city pitch their ideas for improvements, with the winner being awarded €25,000.

The name of the competition, a play on the MTV programme ‘Pimp My Ride’, has been drawing some controversy. However speaking to Cork City councillor Laura McGonigle said that the name would “draw awareness” to the competition.

Irish postal workers

This week RTÉ reporter Sinead Hussey tweeted a picture proving that An Post employees are capable of delivering almost anything.

A letter sent to her father with only his name, the county, and the fact that he has a singing voice not dissimilar to Neil Diamond written on it was successfully delivered.

This followed a story last week about a letter addressed to ‘Your man Henderson, the boy with the glasses’ being correctly delivered in Donegal.

Under Construction

  • Mick Wallace has said any sale of Nama’s €8.4 billion ‘Project Arrow’ property portfolio should be suspended.
  • Pharmaceutical billionaire Stewart Rahr who describes himself as ‘The King of Fun’ is selling his €87 million mansion. 

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king of fun house - 1 Stewart Rahr's house Source: Corcoran Group Real Estate

Des Res

This week Business Insider has taken a look at this €18 million property on the Hawaiian island of Maui. The home claims to come with ‘perfect’ Feng Shui and to have been the residence of a number of A-list stars.

All photos are courtesy of

And Finally…

This week has looked at probably one of the best man-caves in the world. The Skysphere is a structure that sits 33 feet off the ground and its electronics system is operated via voice commands.

the skysphere Source: The Skysphere

Read: See how Japanese inspiration transformed a 1950s Dublin house

Also: A teeny-tiny one bedroom is renovated to be absolutely massive

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Michael Sheils McNamee


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