Strong start Q1 commercial property - £131.5m across NI, 97% higher than average according to LQ based consultancy @inpriouk@neil_mcshane @INPRIOClaire With largest transport investment on the island LQ is a leading destination for future investment
https://t.co/jrCoq3OyQA
Annual inflation has slowed following a rise in Feb 2023:
▪️ Consumer Prices Index including owner occupiers’ housing costs (CPIH) rose by 8.9% in the 12 months to Mar 2023, down from 9.2% in Feb 2023
▪️ CPI rose by 10.1%, down from 10.4%
➡ https://t.co/xKfB2k07mc
Our Q1 2023 review of the NI commercial property investment market is now available.
To download our full report and to subscribe for future publications, click here>>>>https://t.co/ITkCUorQv9
cc @INPRIOClaire @neil_mcshane
UK CPI inflation accelerates from 10.1% to 10.4% in February. Largest contributions to the monthly change came from food, restaurants & cafes and clothing. Core-CPI (excluding food & energy, tobacco & alcohol) jumped from 5.8% to 6.2% y/y in Feb. Stronger that expected.
Confirmation that Europe’s biggest footwear retailer is opening its first store in Northern Ireland. It's taking on part of what will be The Keep at the site of the old BHS store in Belfast city centre
https://t.co/lCwCMbzUOT
Our Belfast Crane Survey Report 2023 is out now! 🏗️
Some interesting key findings across NI in 2022. 🏢
Check out the report below:
https://t.co/WO1VBLZ4ZI
#BelfastCraneSurvey
The Press Up Group, headed by Paddy McKillen Jr, has launched a bid to extend its hotel brand 'The Dean' to Belfast. It's proposing a 91-bed venue next to the Ulster Hall (site of Harlem and former Deanes Deli). Oh and there's a rooftop pool involved...
https://t.co/6sXHHdJVbk
Our Commercial Real Estate team is delighted to be involved in this significant development project in Belfast, advising the seller.
It has been a pleasure to work with the Seller’s team of commercial advisers, expertly led by Neil McShane of @inpriouk.
https://t.co/xs4aVPwoQC
'The Dean' is an inspirational re-imaging of this historic building that will add significant value to one of Belfast's premier streets. Pleased to see the much loved Deanes Deli will live on in the new name! @inpriouk@UlsterHall@NITouristBoard@NIHF
https://t.co/IqjxUe6uy4
In this week's Bus Tel, @AlysonLMagee talks to @martinmckay of Texthelp, @inpriouk on 2022 retail renaissance, @NIChamber leader Ann McGregor to step down, new student accommodation for Belfast city centre & @PaulGosling1 on NI's productivity puzzle
Analysis by @inpriouk suggests investment in the NI commercial property market was £329m in 2022, the highest annual total since 2017 (£362m). Deals worth £156m in Q4 gave the highest quarterly total since Q3 2017.
Our Q4 2022 review of the NI commercial property investment market is now available.
To download our full report and to subscribe for future publications, click here >>>> https://t.co/ITkCUorQv9
cc @INPRIOClaire @neil_mcshane
Derry's acquisitive Martin Property Group have bought the Scottish Mutual Building in Belfast, AKA the failed George Best hotel. The Martins say they will advance their own plans for a 'high-end boutique hotel.'