In December, the multinational welcomed the Department of the Environment’s decision to grant consent for its wind farm proposal off the coast of Dublin.Irish developer Brendan McNamara has succeeded in protecting his pension pot of €6.1 million from his bankruptcy trustees in the UK, according to the Sunday Times.
Significant writedowns are expected across the market in response to rising interest rates and reduced demand, it said, citing a research note by Colin Lauder, head of real estate at stockbrokers Goodbody, which warned that prime office blocks in Dublin city centre will lose up to 20 per cent of their value this year, while retail properties could lose up to 10 per cent.
Gerry Hiney, from Dublin brokerage Park Financial Planning, said his company was able to secure a letter in some instances but in others it was not possible because employers do not know if the applicant’s role will be affected by lay-offs in the sector.The Competition and Consumer Protection Commission has received six complaints about airport operator DAA’s planned purchase of a large Nama-controlled car park near Dublin Airport, reports the Sunday Times.
IrishTimes
IrishTimes Why should it be private? Why can’t the ESB build it and make money for the exchequer?