PROPERTY INVESTMENT IN IRELAND EXCEEDS EXPECTATIONS WITH 2016 TURNOVER REACHING €4.5BN

Property Investment in Ireland Exceeds Expectations with 2016 Turnover of €4.5bn

Alastair Luke Corporate

Property investment activity remained strong in Ireland during 2016, recording a total turnover of €4.5bn, according to the Ireland Investment Market Bulletin published by Lambert Smith Hampton today. The figure marks a 21 per cent increase on 2015 and represents the second highest level of investment in the last decade – just short of the €4.8bn high in 2014. Private …

Carson McDowell Launches First Information Law Team in Northern Ireland

Carson McDowell Launches First Information Law Team in Northern Ireland

Alastair Luke Corporate

Belfast-based law firm Carson McDowell has created the first Information Law Team in Northern Ireland in a response to an increasing demand for work in the sector. With new laws around data protection coming into effect next year, a number of Partners from the firm’s expert teams in fields such as healthcare, environmental, commercial and employment law, will come together …

Global Paint And Repair Business Expands Operations With New Facility

Global Paint And Repair Business Expands Operations With New Facility

Andrew Kelly Corporate

Portadown-based Industrial Paint Solutions Ltd (IPS) has recently created eight new jobs with the opening of a new 30,000 sq. ft facility. A further six jobs will be created over the next year. The investment is part supported by a substantial loan from Danske Bank. The business was set up in 2007 and currently employs 26 staff. The company carries …

Parents And Teachers Must Prepare NI’s Young People For New World Of Work

Parents And Teachers Must Prepare NI’s Young People For New World Of Work

Andrew Kelly Corporate

Northern Ireland has an opportunity to re-position itself in the global economy as a region with a skilled workforce ready to do the jobs of the future, but only if the parents and teachers encourage our young people to embrace innovative new careers, according to business advisors Deloitte. The company gave its call to action as part of its sponsorship …

Keith Donnelly, Senior Energy Analyst, Vayu

March 2017 Vayu Energy Report: Wholesale Energy Prices Drop by Almost 18%

Alastair Luke Corporate

Wholesale energy prices dropped by nearly 18% in the last month as increased gas supplies in the UK combined with an ongoing mild winter continued to push prices downwards. However, the Vayu Energy Report shows that despite this substantial drop wholesale gas prices are 43% higher and electricity prices are 35% higher than 12 months ago. Commenting on the Vayu …

County Tyrone School Pupils Win UK-Wide Inspired Work Award at 2017 Big Bang Fair

County Tyrone School Pupils Win 2017 UK-Wide Inspired Work Award

Alastair Luke Corporate

A team from Cookstown High School has won the coveted Inspired Work Award at the National Fair for Young Scientists and Engineers at the NEC in Birmingham. The competition aims to recognise and reward young people’s achievements in all areas of science, technology, engineering and maths (STEM). BAE Systems, one of the world’s most advanced companies, sponsored the award. Over …

Chancery House Sold Following Competitive Bidding Process

Chancery House Sold Following Competitive Bidding Process

Alastair Luke Corporate

A prime property in Belfast city centre has been sold for a figure well in excess of its guide price of £1,450,000 following a competitive bidding process, indicating that demand for investment opportunities in Northern Ireland remains strong despite the ongoing uncertainty. Chancery House, which is located on the edge of Belfast’s Law Courts and opposite Victoria Square Shopping Centre, …

Danske Bank Women’s Premiership 2017 season launches

Danske Bank Women’s Premiership 2017 Season Launches

Andrew Kelly Corporate

The 2017 Danske Bank Women’s Premiership season has been launched at an event at the National Football Stadium at Windsor Park, with representatives and players from all seven teams in attendance. Last year’s champions, Linfield Ladies, will be hoping to retain their title, with Ballymena United Allstars joining the league through promotion. Chairperson of the Women’s Premiership Committee Maura Muldoon …

LCC Group Purchases Cloghan Point Oil Terminal In Multi Million Pound Deal

LCC Group Purchases Cloghan Point Oil Terminal In Multi Million Pound Deal

Andrew Kelly Corporate

Cookstown-based energy firm LCC Group has purchased Cloghan Point Oil Terminal from AES Power in a multimillion pound deal, which could lead to energy cost savings for businesses and consumers in the future. The LCC Group is an independent family owned company established in 1980 which provides a range of services spanning various energy sectors. Initially set up to provide …

SCARVA RESTAURANT LOOKS TO TAKE A BITE OUT OF THE EVENTS MARKET WITH NEW FUNCTION ROOM

Scarva Restaurant To Take A Bite Out Of The Events Market With New Function Room

Andrew Kelly Corporate

A restaurant situated on the borders of County Armagh and Down, has completed extensive renovation work in a bid to increase its share of the business event and wedding markets. Part of the investment was supported by Danske Bank. Sinton’s at the Bridge opened in 2012 and currently employs 30 staff. Situated in Scarva, the restaurant is managed by husband …