Danske Bank's Belfast Headquarters

Consumer Confidence Falls As Political Inactivity And Brexit Continue To Bite

Andrew Kelly Corporate

Consumer confidence in Northern Ireland fell in the second quarter of 2019 as the lack of progress in resolving the local political stalemate and ongoing uncertainty around Brexit continued to weigh on sentiment, according to analysis published today by Danske Bank. The Danske Bank Northern Ireland Consumer Confidence Index fell to 136 in Q2 2019, down from 139 in the …

Blanchardstown property offers

Blanchardstown Investment Property Comes To The Market With Offers Invited In Excess Of €775,000

Andrew Lemon Corporate

An investment property on the main street of Blanchardstown, Dublin 15, has come to the market this week with offers being sought in excess of €775,000, representing a Net Initial Yield (NIY) of 6.90%. Warren House, which has been brought to the market by commercial agents Lambert Smith Hampton, is an easily managed investment opportunity, fully let to the Health …

Citibank investment boost

Citibank Deal And Private Investor Activity Boost Q2 Property Investment Volume

Andrew Lemon Corporate

Commercial property investment volume in Q2 2019 was healthy at £61.7m, 10 percent above that of the same period in 2018, according to new research published today by Lambert Smith Hampton. The Investment Transactions Northern Ireland Bulletin Q2 2019 showed that although Q2 volume was the highest quarterly total for six consecutive quarters, it remained 22 percent below the five-year …

Writer's Square

Announcement Of Public Exhibition On Tribeca Belfast Planning Amendments

Andrew Kelly Corporate

Members of the public will be able to see a series of positive amendments to the outline planning application for Tribeca Belfast for the first time at a public exhibition held by Castlebrooke Investments which will open at 2pm on Monday 29th July 2019 at the former Mackeys Opticians unit on 6-8 North Street, Belfast. The voluntary ten week public …

Danske Bank's Belfast Headquarters

Danske Bank UK Financial Results

Andrew Kelly Corporate

Danske Bank in Northern Ireland reports a profit before impairments of £47.8m for the first half of 2019. Total income is 1% higher reflecting balance sheet growth alongside higher average UK interest rates. Despite continued economic uncertainty, lending is 5% higher year-on-year with retail customer activity levels remaining satisfactory, although new lending to businesses has been impacted by Brexit – …

BGF Team

BGF Reaches Landmark £2bn Investment Milestone

Andrew Kelly Corporate

BGF, the UK and Ireland’s most active investor in growing businesses, has committed £2bn into UK and Irish SMEs. The landmark capital investment was reached following £7.5m of growth funding for Merseyside-based manufacturer Joloda International. In 2015, BGF made its first Northern Ireland investment into Derry housebuilder Braidwater. Since then, the investor has backed five companies, deploying more than £35m …

Business People Come Together To Acquire Popular Donegal Tourist Accommodation

Kathryn Stevenson Corporate

There are exciting times ahead for a group of four business people from a variety of sectors in Northern Ireland who have come together to acquire and operate Corcreggan Mill, a well-established B&B and glamping business based in Dunfanaghy, County Donegal. Ciaran Sheehan of Clarendon Executive, Siubhan O’Connor from PwC, Adrian McLaughlin, former general manager of the Merchant Hotel and …

Boots Sign 10 Year Lease On Flagship Donegall Place Store

Kathryn Stevenson Corporate

Bywater Properties, Ashmour and LRE Capital have today confirmed that the UK’s largest pharmacy-led health and beauty retailer, Boots, has signed a ten-year lease to remain in its flagship unit on Belfast’s Donegall Place. With 2,500 stores across the UK ranging from local community pharmacies to large destination health and beauty stores, Boots has held its position in Belfast since …

Carson McDowell Announce Charity Partnership With Cancer Fund for Children

Kathryn Stevenson Corporate

This month marks the start of Carson McDowell’s year-long partnership with local children’s cancer charity, Cancer Fund for Children. Support from Carson McDowell through various fundraising events will help Cancer Fund for Children provide practical and emotional support, as well as free therapeutic short breaks to children with cancer, children living with a parent diagnosed with cancer, and their families. …

20th Deloitte Technology Fast 50 Programme Opens For Entries

Kathryn Stevenson Corporate

Entries are now open for the 2019 Deloitte Technology Fast 50 programme. The awards, now in their 20th year, rank Ireland’s fastest growing technology companies and recognise the indigenous technology companies that have demonstrated outstanding growth in turnover over the previous four years. Deloitte is calling on companies from across Northern Ireland’s growing technology sector – including software, hardware, communications, …