PROPOSALS to limit mortgage lending would mean rents would keep rising, auctioneers have warned the Central Bank. This would make international vulture funds the big winners because they would see value in continuing to snap up rental property portfolios. Large numbers of potential first-time buyers would be forced to rent against their will because they wouldn't be able...

IRELAND has had the fastest-rising property prices in the world this year, according to a new international study of global markets. The Knight Frank Global House Price Index shows Ireland's 12-month price growth of 15pc running at the fastest rate of all 54 countries surveyed. Liam Bailey, Knight Frank's global head of research, said: "I wouldn't be too...

More than one in eight commercial properties are vacant, even as the shortage of suitable office space for major companies becomes more acute. According to the latest report from GeoDirectory, 12.7pc of all commercial properties in the Republic did not have a tenant in the third quarter of this year. That compares to a 12.3pc rate over the...

US real estate giant Hines says the construction of homes will be its priority for Cherrywood, after completing the purchase of a 400-acre site in the South Dublin suburb. The company paid NAMA, Lloyds and Danske Bank around €280m for the plot, which includes Cherrywood business park and surrounding land. The sale price is significantly higher than initial...