Commercial Property
Wozniak calls for companies to be taxed on income
31st May 2013
At a conference in Londonderry, Northern Ireland, Apple co-founder Steve Wozniak called for companies to be taxed on their income instead of profit to bring them into line with the... Read more
Mansion tax defeated in House of Commons
13th March 2013
The Labour party proposal of a "mansion tax" on properties in the UK worth over £2million has been defeated in the House of Commons. The proposal was criticised as being a... Read more
NI developers to be forced to complete sites
12th March 2013
A power under the Planning Order to require developers to complete developments they have begun work on in Northern Ireland is being tested for the first time. There are a large... Read more
Court gives green-light to Causeway Golf resort
28th February 2013
The construction of a £100m golf resort can now begin near the Giant's Causeway in Northern Ireland, after Mr Justice Weatherup rejected the challenge by the National Trust against the... Read more
Causeway golf complex challenge at High Court
9th January 2013
The Belfast High Court is currently hearing the arguments of the National Trust in support of its challenge to the planning permission granted to build a £100million golf and hotel... Read more
NI commercial property market stabilising
14th December 2012
The Northern Ireland commercial property market is showing signs of stability according to a report by University of Ulster academics. Social Development Minister Nelson McCausland launched the report that was co-produced... Read more
Belfast's tallest building repossessed
30th November 2012
The tallest building in Belfast, the Obel, has to all intents and purposes been repossessed after administrators were appointed to the three companies that control it. The Belfast commercial property consists... Read more
NI businesses get rate relief extension
26th November 2012
The rate relief scheme introduced for new businesses in Northern Ireland will be extended by another two years. The scheme provides for a 50% discount on rates if a new business... Read more
Belfast site close to being seized by NIHE
8th November 2012
The Northern Ireland Housing Executive (NIHE) has successfully won the first part of a court case in a bid to seize back a site of land in Belfast city centre... Read more
NI businesses request expanded rates relief
27th September 2012
Small businesses in Londonderry, Northern Ireland, are backing a request to Finance Minister Sammy Wilson to expand the current rates relief scheme, which has benefited 490 Derry based businesses so... Read more
Belfast Odyssey price tag falls to £10m from £75m
26th September 2012
The commercial property adjoining the Odyssey Arena and W5 Science Centre in Belfast has been put on the market for sale at £10million. The Odyssey Pavillion contains 15 units and is... Read more
Businesses seek urgent corporation tax decision
14th September 2012
The news this week that 760 Northern Ireland jobs are to be lost at FG Wilson, and that the rate of unemployment has risen above the UK average, has prompted... Read more
Northern Ireland land valued at £75m sold for £4m
12th September 2012
A site of land outside Ballymena, Northern Ireland, that was once valued at £75million has been sold for £4million, and to make matters worse, a £50million offer to purchase was... Read more
Labour consider permanent Mansion tax
10th September 2012
Labour Shadow Chancellor Ed Balls has said in an interview that a future Labour government may introduce a permanent wealth tax, or mansion tax. The Liberal Democrats have previously proposed a... Read more
Investment risks farmland IHT exemption
9th August 2012
The increasing practice of investors purchasing farming land to avoid inheritance tax could result in the IHT exemption on farmland being removed altogether by HMRC. In some areas farmers are finding... Read more
High Court urges swift NI law reform
3rd August 2012
A High Court judge has warned of the need to expedite Northern Ireland law reform, saying the current proposals before the Assembly should not be allowed to "gather dust". Mr Justice... Read more
NI businesses benefiting from Tesco tax
17th July 2012
Over 8000 Northern Ireland businesses have benefited from the 'Tesco tax' brought in earlier this year according to Finance Minister Sammy Wilson, and he hopes that even more will will... Read more
Antrim commercial property drops £60m in value
5th July 2012
The continuing decline in Northern Ireland commercial property values has been highlighted once again with the news that the Junction One shopping centre outside Antrim has dropped from an £80m... Read more
Unesco want NI golf course development stopped
27th June 2012
Plans to develop a golf course near the Giant's Causeway in Northern Ireland have been dealt another blow after the World Heritaage Committee of Unesco said it would ask the... Read more
'UNESCO should be consulted on Causeway Golf resort'
20th June 2012
The Northern Ireland Green Party has joined the debate over the proposed golf resort near the Giant's Causeway, saying UNESCO should have been consulted at some point over the last... Read more
NIHE £75m site of land for sale at £4m
19th June 2012
A site of land at Ballymena, Northern Ireland, that was once valued at £75million is now for sale by the Northern Ireland Housing Executive (NIHE) for £4million. The site comprises 97... Read more
National Trust legal action over NI golf course
13th June 2012
The National Trust has announced it will go to court to contest the planning permission granted for a £100million golf resort on the north coast of Northern Ireland. The National Trust... Read more
Historic Belfast property to be demolished
20th April 2012
An historic structure in Belfast city centre has been given the go ahead to be demolished, despite much resistance from conservation groups. The Athletic Stores building in Belfast city centre is... Read more
Funding to tackle North Coast property dereliction
12th March 2012
The Northern Ireland Department of the Environment has announced £405,000 of funding along with a plan of action to tackle the property dereliction in the North Coast, with commercial properties... Read more
Commercial property vacancy high in Derry
9th March 2012
An audit compiled by Ilex, an urban regeneration company in Londonderry, has highlighted the high amount of vacant commercial property available for letting in Derry. All combined, the vacant commercial units... Read more
Commercial property vacancy highest in NI
20th February 2012
The rate of vacancy of commercial retail units in town centres continues to be highest in Northern Ireland when compared to all other regions on the UK. Approximately 14% of retail... Read more
Belfast commercial property site sold by Nama
17th February 2012
The National Asset Management Agency (Nama) of the Republic of Ireland government has confirmed the sale of a commercial property site in Great Victoria Street in Belfast. The site was originally... Read more
Belfast's CastleCourt shopping centre sold
15th February 2012
One of the largest commercial properties in Belfast has been sold after one of the existing co-owners Hermes opted to buy out Westfield's interest for a reported £400million. CastleCourt shopping centre,... Read more
Owners of largest Belfast building in administration
14th February 2012
Lauderdale Properties, owners of the largest building in Belfast city centre, have been placed into administration. The company purchased the commercial property on Bedford Street in 2007, and it was thought... Read more
NI planning dispute sagas to get quick resolution
6th February 2012
Environment Minister Alex Attwood has advised that he will try to speed up the final decision on 25 of the over 50 longest running planning disputes in Northern Ireland. Mr Attwood... Read more
Belfast commercial property value down 90%
27th January 2012
The value of a portfolio of Belfast commercial property is dropped in value by 90% in 4 years according to the administrator appointed to CDC Leisure. CDC Leisure purchased four clubs/bars... Read more
Lisburn hotel gets planning permission approval
26th January 2012
A new hotel development in Lisburn has been granted planning permission, despite opposition based on a perceived threat to wildlife in the area. Environment Minister for Northern Ireland, Alex Attwood, confirmed... Read more
NI commercial property for sale at £20m
18th January 2012
A Northern Ireland commercial property which currently attracts an annual rent of £1.1million is being marketed for sale with invites of offers over £19.4million. The property is situated on the Strand... Read more
Victoria Square commercial property value drops £29m
9th November 2011
The Victoria Square shopping centre in the centre of Belfast, Northern Ireland, has dropped in value by £29million in two years according to figures released by the German property fund... Read more
Portadown has highest proportion of vacant shops
29th September 2011
New research, carried out by the commercial property company Lisney, looking at the proportion of vacant commercial properties in 17 towns and cities across Northern Ireland has found that Portadown... Read more
Mixed fortunes for NI projects requesting planning permission
9th September 2011
Approximately 105 new jobs are to be created in Londonderry after planning permissions were granted for the construction of two hotels in the city. Premier Inn are to build a... Read more
Lisburn retail property schemes to get PAC hearing
23rd August 2011
A joint hearing is to take place at the Planning Appeals Commission (PAC) to discuss two commercial retail schemes in Lisburn, Northern Ireland, that were refused planning permission. Both schemes involve... Read more
Unsold Assembly property costs £400 per day
3rd August 2011
The Northern Ireland Assembly currently owns a listed 19th century property, Ormiston House, which is costing taxpayers £400 every day that goes unsold. Despite the property being marketed for sale... Read more
DOE triples fines for damaging listed buildings
7th June 2011
Under the new Planning Act (Northern Ireland) 2011, the DOE can now fine developers three times as much as before - up to £100,000, if they knock down a listed... Read more
Castlecourt could be NI's largest property sale
6th June 2011
Belfast city centre shopping mall Castlecourt has been put up for sale by its owners for under half the price they marketed it for two years ago, though if they... Read more
Belfast office block to get 10-storey extension
3rd May 2011
Kinler Properties, based in Dungannon, has announced a major extension to their Belfast city centre office block at the back of 40 Linenhall Street and development of neighbouring land. The... Read more
Belfast Hotel extension plans revised
3rd May 2011
Belfast Wellington Park Hotel is the subject of a revised planning application for extension, after last years rejection by the Planning Appeals Commission (PAC) of a plan that involved demolishing... Read more
Canary Wharf Citigroup tower for sale
12th April 2011
Property entrepreneurs Glenn Maud and Derek Quinlan have put the Citigroup Tower in Canary Wharf, London, on the market for sale at £1billion; the same price they bought it at... Read more
Failed property company's site dropped 90% in value
2nd February 2011
County Down property company, Olympus Development and Investments, bought a nine acre development site in County Roscommon with a Bank of Ireland loan of £732,000, and the administrator has now... Read more
Controversial Belfast build backed by planners
25th January 2011
Planners have given their backing to the building of apartments by Big Pictures Developments Ltd on a site of controversial land at Nelson Street in Belfast. The land had been designated... Read more
North Belfast retail park sold to UK pension fund
20th January 2011
The Northern Ireland market was given a vote of confidence by the announcement of the sale of commercial property in North Belfast to a UK pension fund for just under... Read more
Council accepts blunders made in huge land deal
3rd December 2010
Ards Council in Northern Ireland has come under fire in a report by the audit office for the its handling of commercial property transaction, and in particular, for failing to... Read more
£10million hotel planned for Londonderry
1st December 2010
Andras House Ltd will be submitting plans for a £10million hotel and commercial property complex on the grounds of what used to be the Tillie and Henderson shirt factory in... Read more
Reforms to return planning control to councils
30th November 2010
Environment minister for Northern Ireland, Edwin Poots, has released details of what he has called "the most sweeping reforms to the planning system for 30 years". The reforms include the... Read more
Commercial property development to decline further
10th November 2010
A survey by property consultant Savills has shown that commercial property development activity declined in October for the third month in a row. Public sector activity decreased significantly for the... Read more
Planning application lodged for Belfast redevelopment
28th October 2010
Announced five years ago, there has been much speculation since that the multi-million pound redevelopment of part of Belfast city centre would be shelved as no planning application was forthcoming.... Read more
£3m funding for Belfast Commercial property deal
27th October 2010
The Blackstaff House building in Great Victoria Street Belfast, currently leased to the BBC, is on course to be purchased by businessmen Edward and Patrick Simpson after they received £3million... Read more
Fears of NI construction decline as result of cuts
21st October 2010
The announcement on Wednesday that the Northern Ireland executive's capital spending budget would be reduced by 40% has led to fears that the construction sector could suffer even more than... Read more
Northern Ireland Minister unlawfully changed planning policy
1st October 2010
A decision from the High Court, in a case brought by a retail group opposed to the proposed building of a John Lewis store at Sprucefield Lisburn, has found that... Read more
Belfast and Larne properties on sale by receiver
21st September 2010
Three commercial properties formerly owned by Jermon Developments, which were effectively repossessed by Anglo Irish Bank, have been listed for sale by the receiver appointed by the bank. The properties... Read more
Slow NI planning process could cost millions in investment
14th September 2010
At a time when the Northern Ireland Planning Service is facing staff cuts, Derry City is considering employing extra planning officers to help assist the overwhelmed department. Just a few... Read more
Every Northern Ireland field to be re-mapped
9th September 2010
The Department of Agriculture has announced that it is re-mapping 742,000 fields in Northern Ireland at a cost of £4.8million after the European Commission imposed fines over mistakes made in... Read more
Corbo £48m sale of Newtownabbey Retail Park
3rd September 2010
Corbo have completed a hat-trick of high value property sales in the space of 3 months, with their latest transaction involving the sale of the Longwood Road Retail Park in... Read more
John Lewis planning row goes to Belfast City Hall
26th August 2010
The proposed expansion of Sprucefield at Lisburn, which has been anchored by John Lewis, has hit heavy resistance from day one. After an original application in 2005 was withdrawn after... Read more
Planners reject Wellington Park Hotel rebuild plan
20th August 2010
The owners of the Wellington Park Hotel in Belfast have had their application to tear down and rebuild the hotel turned down by the Planning Appeals Commission (PAC). Owners, the... Read more
Northern Ireland construction at 10 year low
18th August 2010
Construction in Northern Ireland has fallen to its lowest level since the Royal Institution of Chartered Surveyors (RICS) began their survey 10 years ago. The latest survey shows a reported... Read more
Belfast city centre property sold for £8.75m
16th August 2010
CBRE Investors have completed the purchase of 48-54 Donegall Place in Belfast city centre from property company Corbo for £8.75million. The 83,000 sq ft property is currently let to Marks... Read more
Public could be charged to view planning files
1st July 2010
Northern Ireland Environment Minister, Edwin Poots, has said that he is considering the implementation of fees for any member of the public wishing to view planning files. Speaking to the... Read more
Housing Association apartments built without Planning Permission
4th June 2010
A social housing scheme in Northern Ireland, funded by government money to the tune of £1million, and constructed by Helm Housing Association, has been revealed to have been built without... Read more
'Belfast redevelopment is proceeding' says DSD
26th May 2010
The Department of Social Development (DSD) has acted quickly to dispel news stories that the £360million plan to redevelop Belfast has been shelved. News reports had suggested that the 'Royal Exchange'... Read more
?55billion of UK commercial property debt up for refinance
21st May 2010
A survey of the UK Commercial Property Lending market by De Montfort University has showed that almost 25% of commercial property loans and debt-backed securities will mature by December 31st,... Read more
Developer Sweeney ends challenge to new planning framework
18th May 2010
Property developer Seymour Sweeney has ended his legal challenge to the new Draft Northern Area Plan (DNAP) by withdrawing from the two judicial reviews. The owner of Seaport Developments had... Read more
Belfast Hotel project dropped by developer
12th May 2010
The economic downturn is seemingly to blame for another large commercial building project falling through in Northern Ireland. In 2007 the Department for Social Development appointed Tullymore House Ltd as... Read more
Did Environment Agency objection get rid of Belfast's Big Wheel?
13th April 2010
The Big Wheel which soon became a familiar sight outside Belfast City Hall has ceased operation. Great City Attractions, the company that owns the Wheel, announced a few weeks ago... Read more
Planning permission granted for Belfast Titanic Quarter projects
18th March 2010
Edwin Poots, Environment Minister, has confirmed that planning permission has been granted in respect of projects at the Titanic Quarter in Belfast. The projects are thought to be worth an... Read more
Rating of empty commercial properties to remain at 50%
19th February 2010
Sammy Wilson, Finance Minister for Northern Ireland, has announced the decision to maintain the 50% rating policy for empty commercial properties which was introduced in 2004. After an evaluation of... Read more
8.1% Q4 capital growth seen in commercial property sector
8th February 2010
A substantial capital growth was witnessed in the UK's commercial property sector during the closing quarter of 2009, new figures have suggested.Growth of 8.1 per cent was seen during the... Read more
UK firms encouraged to meet fire risk requirements
19th January 2010
UK businesses should consider making use of risk assessors to ensure that they are fulfilling the fire risk requirements that are expected of them, it has been suggested.According to Andrew... Read more
Squatters can be expensive, commercial property owners told
15th January 2010
Commercial property owners who leave their buildings vacant have been warned that they should have the correct level of legal expenses cover to protect against squatters occupying their premises.According to... Read more
Recession 'still affecting commercial property sector'
22nd December 2009
The UK's commercial property sector is still being affected by the financial consequences of the economic downturn, an expert has highlighted.According to the British Property Federation's (BPF) real estate director... Read more
New service launched by Wilson Nesbitt a first for Northern Ireland
1st December 2009
In a first for Northern Ireland, Wilson Nesbitt Solicitors of Belfast have launched their new business law guide and document builder website. People visiting www.wilsonnesbittonline.co.uk will have free access to... Read more
NHBC confirms increase in number of new homes being built in N.I.
25th November 2009
Statistics published by the National House Building Council (NHBC) in their quarterly booklet show that the number of registrations to build new homes in Northern Ireland and the rest of the... Read more
New environmental rating introduced for UK office properties
10th November 2009
UK businesses looking to improve the green credentials of their office properties might soon be able to take advantage of a new environmental rating system.Developed by the Royal Institution of... Read more
Commercial property optimism 'could be premature'
6th November 2009
Investors have been warned not to get too excited about positive commercial property forecasts and figures, as the recovery could be short-lived.There is a danger that the recovery will happen... Read more
Commercial property sector 'saw Q3 rise in capital values'
5th November 2009
The third quarter of 2009 saw capital values increase within the UK's commercial property sector, new figures suggest.Published by Investment Property Databank (IPD), the UK Quarterly Property Index reveals that... Read more
UK commercial property industry 'will not rebound overnight'
23rd October 2009
The UK's commercial property market still has some way to go before it returns to previous levels of activity, according to one expert.Recent figures published by Jones Lang LaSalle have... Read more
UK commercial property lending 'still fairly low'
9th October 2009
Lending within the UK's commercial property sector remains fairly low, according to one economist, despite the publication of more promising figures.Research from Savills suggests that an increasing number of financial... Read more
NI businesses 'may save money' through low carbon strategy
8th October 2009
Large businesses in Northern Ireland may be able to save money by taking steps to cut their carbon emissions, it is suggested.The UK-wide Carbon Reduction Commitment Energy Efficiency Scheme will... Read more
Capital growth returns to commercial property market
17th September 2009
The UK's commercial property market experienced capital growth for the first time in 26 months during August, research has revealed.According to the Investment Property Databank's (IPD's) latest UK Monthly Index,... Read more
Opportunities 'emerging in commercial property market'
10th September 2009
Entrepreneur and Dragons' Den star James Caan has given his backing to the commercial property market, claiming that opportunities are now beginning to emerge.He made the claim that real estate... Read more
NI commercial property market looking up
7th September 2009
Prospects for Northern Ireland's commercial property market are looking up, it has been claimed. According to CB Richard Ellis's latest Northern Ireland MarketView publication, activity within the commercial property sector... Read more
Confidence on the rise in commercial property market
11th August 2009
Commercial property investors in the UK and Northern Ireland are regaining confidence in the market, it has been suggested.Speaking at the Investment Property Databank's UK Quarterly Property Briefing, John Masters,... Read more
Commercial property turns a corner, report says
7th August 2009
The value of commercial property across the UK has increased, new figures show. Data from CB Richard Ellis (CBRE) shows that commercial property prices increased by 0.2 per cent during... Read more
Commercial property bids 'rise in the UK'
27th July 2009
New research has revealed that commercial property investment activity in the UK and Northern Ireland increased in the last quarter.The latest Royal Institution of Chartered Surveyors (Rics) Global Property Survey... Read more
Study highlights stabilising commercial property returns
7th July 2009
The level of return available from commercial property assets in the UK and Northern Ireland is stabilising, according to new research.CB Richard Ellis's (CBRE's) latest Monthly Index has revealed that... Read more
Figures reveal improvement in commercial capital growth
15th June 2009
The pace of decline in commercial property capital growth across the UK and Northern Ireland is slowing, new figures have revealed.According to the latest Monthly Index from Investment Property Databank,... Read more
Commercial property investors turn to demolition
27th April 2009
The commercial property sector in Northern Ireland and the rest of the UK could face tougher times in future because the empty property rates (EPR) has led to a rise... Read more
Flexible rent arrangements recommended for commercial property
1st April 2009
Commercial property investors in Northern Ireland and the rest of the UK have been advised to be flexible when it comes to taking rent from businesses in light of the... Read more
HSE carrying out refurbishment sites inspection
10th March 2009
Solicitors in Northern Ireland with commercial property clients dealing with refurbishment work are advised to ensure their clients are complying with health and safety rules and regulations.The Health and Safety... Read more
EPCs becoming vital for securing new clients
11th February 2009
Solicitors in Northern Ireland may want to ensure that their clients are taking advantage of government financial support if they carry out energy efficiency upgrades.Residential mortgage provider Paragon is urging... Read more
Commercial property investors urged to protect investments from vandals
10th February 2009
It is vital for commercial property investors in Northern Ireland to ensure that their investments are protected from vandals or arsonists if left empty, it has been stated.The credit crunch... Read more
Commercial property sectors 'firmly in the negative'
9th February 2009
New figures from the Royal Institution of Chartered Surveyors (Rics) show that the commercial property sector across the country is continuing to feel the pressure of the economic downturn.For the... Read more
Consumers urged to understand a contract before committing
4th February 2009
It may be wise for property investors in Northern Ireland to let their solicitors have a look at any contracts they sign with an estate agent to prevent them from... Read more
Buy-to-let a 'sound investment'
31st December 2008
Buy-to-let is still a sound property investment and investor landlords will be lured back into the market by the end of the next year, the Association of Residential Lettings Agents... Read more
Empty property tax reprieve 'does not help many'
19th December 2008
In news that may be of interest to solicitors in Belfast, the government's empty property tax reprieve has been faulted by an expert who says it means that many businesses... Read more
Evidence needed to justify withholding deposits
10th December 2008
Commercial and residential property investors must provide sufficient evidence if they need to withhold part or all of a tenant's deposit, solicitors in Northern Ireland may be interested to know.This... Read more
'Clever' strategies needed by buy-to-lets
5th December 2008
Commercial property investors with rental stock in Northern Ireland must put in place the best strategy to maximise the returns on their investments or make a loss, solicitors in Belfast... Read more
Now is the time to buy property, investors told
4th December 2008
In news that may be of interest to solicitors in Belfast with commercial property clients, the current property market presents "the best opportunity for buying" in 20 years, according to... Read more
Construction industry needs attention from Queen's Speech
3rd December 2008
Impending redundancies are just some of the issues facing the construction industry, which has been badly affected by the credit crunch, and needs special attention from the Queen's Speech, it... Read more
Construction industry jobs will be needed in the near future
2nd December 2008
Preserving engineering, surveying and architecture jobs in Northern Ireland should be given priority as these jobs will be needed once the financial downturn is over, it has been claimed.A "stinging"... Read more
Commercial property investment back to 'normal'
26th November 2008
In news that may be of interest to solicitors in Northern Ireland, commercial property investors are beginning to take interest in investing again following a tumultuous October, an expert has... Read more
300,000 jobs carnage imminent unless government acts
24th November 2008
Solicitors in Northern Ireland may find themselves besieged with redundancy cases from the construction industry following revelations that it is at risk of shedding at least 300,000 jobs in the... Read more
Demand for rental stock high as mortgages thin out
21st November 2008
Commercial property investors with rental assets in Northern Ireland may be benefitting from a scarcity of mortgage products as many people opt to rent, the National Landlords Association (NLA) has... Read more
Crosby review recommendations can help property market
20th November 2008
New data shows that gross mortgage lending registered a marginal increase of seven per cent in October with £18.7 billion compared to the £17.5 billion recorded in September.According to the... Read more
Crosby review recommendations can help property market
20th November 2008
New data shows that gross mortgage lending registered a marginal increase of seven per cent in October with £18.7 billion compared to the £17.5 billion recorded in September.According to the... Read more
FMB urges government to adopt its proposals
19th November 2008
A proposal to help kick-start the building industry has been floated to the Chancellor of the Exchequer, Northern Ireland solicitors dealing with commercial property may be pleased to hear.The Federation... Read more
FMB urges government to adopt its proposals
19th November 2008
A proposal to help kick-start the building industry has been floated to the Chancellor of the Exchequer, Northern Ireland solicitors dealing with commercial property may be pleased to hear.The Federation... Read more
FPB 'dismayed' by abolition of empty property rates relief
13th November 2008
The ending of the rate relief on empty property alongside other factors has had a "significant impact" on commercial property investors and small businesses, it has been stated.In news that... Read more
FPB 'dismayed' by abolition of empty property rates relief
13th November 2008
The ending of the rate relief on empty property alongside other factors has had a "significant impact" on commercial property investors and small businesses, it has been stated.In news that... Read more
Commercial property plagued by 'inflexible' contracts
11th November 2008
Inflexible commercial property contracts are a "major reason" for the industry's troubles and can lead to firms vacating properties, solicitors in Northern Ireland may want to know.That is the opinion... Read more
Commercial property plagued by 'inflexible' contracts
11th November 2008
Inflexible commercial property contracts are a "major reason" for the industry's troubles and can lead to firms vacating properties, solicitors in Northern Ireland may want to know.That is the opinion... Read more
UK commercial property valuations most accurate
5th November 2008
Solicitors in Northern Ireland may want to know that of the four largest property investment markets in Europe, UK commercial property valuations are the most accurate.That is the glowing commendation... Read more
Bank reaction to bailout to affect landlords
3rd November 2008
Solicitors in Northern Ireland may want to watch keenly how interbank lending markets react to the cash bailout coming from the government, especially if they have buy-to-let investors as their... Read more
Construction firms should brace for 'challenging times'
30th October 2008
Commercial property investors in Northern Ireland and other areas across the UK are experiencing an "extremely challenging time" due to the current financial crisis, an association has said.According to the... Read more
Property sector in for a rough time
29th October 2008
The current financial turmoil has affected the property sector immensely and a property recovery is not expected for months to come, an economist has predicted.Solicitors in Northern Ireland should brace... Read more
Commercial property market not out of the woods yet
28th October 2008
The commercial property market in Northern Ireland and the UK in general will continue to suffer for some time despite the government bail out, an economic expert has claimed.Solicitors may... Read more
Commercial property industry good in Northern Ireland - Nick Reid
17th October 2008
A property industry chief executive has said that business is good in Northern Ireland, saying that the economy was having a "significant" impact on the type and nature of commercial... Read more
Increase in pre-tax profits for Bank of Ireland
31st July 2008
The Bank of Ireland has reported an increase its pre-tax profits for the first half of this year. Profits were worth close to €124 million (£97.8 million) over the course... Read more
Smaller commercial property to have energy standards
2nd July 2008
The government is planning to extend the energy performance certificate (EPC) scheme to all premises over 2,500 metres squared when built, sold or rented.Under the existing EPC scheme, commercial buildings... Read more
Belfast 'UK's fastest-growing economy'
30th June 2008
Belfast has been the fastest-growing economy of the 30 largest British cities over the past decade, a new report has found.Northern Ireland's regeneration projects and investment in the province have... Read more
Diverse views over commercial property recovery
23rd June 2008
There are a variety of views surrounding when the commercial property market will recover, a new survey has found.According to research from REITA - an organisation established by commercial property... Read more
Northern Ireland developments shortlisted for awards
9th June 2008
Some developments in Northern Ireland have been put on the shortlist for the Royal Institution of Chartered Surveyors (Rics).Rics has recognised the regeneration of Bagenal's Castle and the extension to... Read more
Northern Ireland 'an attractive investment opportunity'
12th May 2008
Northern Ireland represents an attractive opportunity for investment for overseas companies, according to Shaun Woodward.The Northern Ireland secretary told BBC Radio 4's World at One programme that despite higher levels... Read more
'A fair price' for commercial property in NI
4th April 2008
Commercial property is more fairly priced than it was six months ago, according to an economic research consultancy.Capital Economics' property economist Ed Stansfield said commercial property in the UK is... Read more
Commercial property rates review gets underway
18th March 2008
Commercial properties in Northern Ireland are shortly to be contacted about the impending rates revaluation. Finance minister Peter Robinson announced that business property taxes would be reviewed in July... Read more
Property owners in debt to government
3rd March 2008
Solicitors in Belfast and Northern Ireland could see the government in need of debt recovery services, after the Belfast Telegraph revealed that ratepayers in the province owe them over £140... Read more
Buy-to-let 'not pushing FTBs off property ladder'
22nd February 2008
Solicitors in Belfast and Northern Ireland should not expect to see fewer first-time buyers (FTBs) able to afford property as a result of buy-to-let investors, experts claim.According to figures from... Read more
Bridging loans 'aid quick property purchase'
21st February 2008
If homebuyers in Belfast and Northern Ireland whose finances are stretched were to take out a bridging loan, it could mean less people being pursued by solicitors for debt.However, bridging... Read more
Landlords 'still confident'
7th February 2008
Despite the rising house prices in Belfast and Northern Ireland, solicitors in the province are more likely to see landlords buying additional property than they are to see investors selling... Read more
Landlords 'put off selling by logistics'
4th February 2008
Solicitors in Belfast and Northern Ireland are unlikely to see landlords selling their property despite a slowdown in the housing market, experts have claimed.According to PropertyHawk website, solicitors in Belfast... Read more
'No panic' over commercial property slump
23rd January 2008
Accountants and solicitors in Belfast and Northern Ireland may have seen investors in commercial property funds trying to withdraw their money, but experts warn against panic selling.While solicitors in Belfast... Read more
Nipsa probes government settlement
23rd January 2008
While solicitors in Northern Ireland have resolved a government court case, trade union Nipsa is angry that there has not been more transparency about the settlement. The Department of Finance... Read more
£8m estate up for sale
18th January 2008
Solicitors in Northern Ireland will have to wait to find out who the buyers of an historic Ulster estate are, as it goes up for sale this week - but... Read more
Overseas property investors 'need solicitors'
15th January 2008
People from Belfast and Northern Ireland who are planning on buying a property overseas must contact their solicitors as soon as possible, experts have said.According to www.carolvordermanoverseashomes.com, as soon as... Read more
Stability the hallmark of New Year property
4th January 2008
Solicitors in Northern Ireland will be likely to see more first-time buyers as well as commercial property investors securing their dream deal, as experts claim that prices in 2008's market... Read more
HSE warns landlords on gas
13th December 2007
Landlords in Belfast and Northern Ireland may have to call in solicitors if they do not heed the latest warning on gas appliances from the Health and Safety Executive (HSE).People... Read more
Commercial mortgage 'not only option'
6th December 2007
Small businesses buying a commercial property in Northern Ireland should visit their solicitors for advice on funding, as a commercial mortgage is not the only answer, experts have claimed.Northern Ireland... Read more
NI suits Trump to a tee
4th December 2007
Solicitors in Northern Ireland could be securing a commercial property deal for tycoon Donald Trump after he suggested he might want to build a golf resort in the province.So far... Read more
Belfast development wins award
23rd November 2007
Solicitors in Belfast may find the happiest homebuyers in the city in those who have invested in Malone Square.Northern Ireland development and construction firm, the McGinnis Group, has won the... Read more
Buy-to-let 'not as doomed' as thought
21st November 2007
Northern Ireland solicitors who worried that landlords would be put off purchasing property due to some analysts predicting a gloomy future for the buy-to-let market may have their fears allayed... Read more
NI countryside open for property developers?
26th October 2007
Solicitors in Northern Ireland have seen many commercial property developers unsure of where they stand as regards building in the countryside due to restrictive legislation; and although the PPS 14... Read more
Capital gains tax blighting business
22nd October 2007
Solicitors in Northern Ireland are likely to see more entrepreneurs investing in commercial property and fewer people prepared to start up their own small businesses, if the government does not... Read more
Buy-to-let investors 'must be mad'
17th October 2007
Solicitors in Northern Ireland could see fewer buy-to-let investors, unless they are very wealthy, as the interest rate precludes landlords making a decent profit, experts warn.According to Firstrung, landlords in... Read more
Property developer tempts buyers with free car
16th October 2007
Solicitors in Northern Ireland will have noticed a big drop in the number of people buying property in the province, and it appears that property developers are feeling the squeeze... Read more
More HMOs have to be registered
12th October 2007
Solicitors in Northern Ireland may have to help out landlords facing prosecution if they do not to register their properties with the Housing Executive. The Housing Executive (HE) has announced... Read more
Record-breaking rent good news for landlords
3rd October 2007
Solicitors in Northern Ireland are likely to see more landlords needing legal advice on commercial property as spiralling house prices in the province have forced more people to rent.Belfast solicitors... Read more
Full steam ahead for Titanic development
3rd October 2007
The largest property development ever to be built in Northern Ireland has been given the green light today as part of an expansion scheme in Belfast's Titanic Quarter.Three million square... Read more
Buy-to-let gaining strength
24th September 2007
Given the fact that property prices in Northern Ireland have continued to remain high, solicitors are more likely to see commercial property investors than new buyers for conveyancing services.According to... Read more
Buy-to-let mortgages safe as houses
20th September 2007
Commercial investors in buy-to-let property in Britain and Northern Ireland should not be affected by a drop in tenant numbers, despite the housing market continuing to cool, experts have said.According... Read more
Belfast attracts record investment
18th September 2007
Solicitors in Northern Ireland are particularly likely to see investors in commercial property in Belfast for services, as a new survey reveals that only London attracts more foreign investment of... Read more
Land law could cripple countryside
7th September 2007
Following a consultation, a review into the rural planning law PPS 14 concerning building limits in Northern Ireland's countryside will be published shortly. The findings of the review could be... Read more
Rate rises push up repossessions
3rd September 2007
The number of repossessions in Britain and Northern Ireland has increased by 32 per cent since April, according to a new report.The Royal Institute of Chartered Surveyors (Rics) has revealed... Read more
Belfast rents on the rise
28th August 2007
While new buyers in Northern Ireland are being squeezed out of the housing market due to overinflated house prices, commercial landlords have been able to push up rents as youngsters... Read more
NI commercial property market controlled locally
24th July 2007
Solicitors in Belfast are more likely to see clients who come from Northern Ireland for commercial property transactions, as local people are pushing out foreign investors. Northern Irish chartered surveyors... Read more
Dissolution to solve selling distress
8th June 2007
Proposals to change the law could result in easier transactions for people who want to sell their apartment in a development where the facilities management has a poor track record.Until... Read more
In hot water over bricks and mortar
8th June 2007
Howard Kennedy solicitors is facing a professional negligence claim after its property department allegedly misinformed Secured Property Finance (SPF) about commercial property loans.The £1.7 million negligence claim was filed in... Read more
Banking on a hotel boom
29th May 2007
Solicitors could see more people looking to seal deals on buying hotels in the near future, as the Ulster Bank has predicted a major boom in the tourism industry in... Read more
Empty commercial property afforded less tax relief
17th May 2007
Businesses that leave commercial properties empty will no longer enjoy the rate of tax relief that they previously did due to new government legislation. Currently disused commercial premises across Northern... Read more
Landlords see rents as 'stable'
11th May 2007
A new report has found that landlords in Britain and Northern Ireland are seeing stable rental values.Research carried out by Paragon Mortgages has found that over 50 per cent of... Read more
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