A potential line between Aer Lingus and an Oireachtas committee threatens to derail a meeting today where the airline will rule out canceling the planned closure of its base at Shannon Airport. Barry O’Halloran has the details.
Barry also reports that Ryanair doubles its capacity to 1.3 million seats per week in Europe, but does not expand in the Republic, as new evidence of a resumption of air transport emerges.
the Central Bank of Ireland will announce today that its profit fell 67% last year, causing the Exchequer dividend to fall at the same rate, to 665.7 million euros, the lowest since the start of the financial crisis, according to sources. The bank will reveal in its annual report that profit fell to 829.6 million euros last year, from 2.56 billion euros in 2019. Joe Brennan has the details.
Naomi O’Learyreports that Ireland should to receive an imminent increase in deliveries of Pfizer Covid-19 vaccine after the European Medicines Agency announced that it had approved additional manufacturing and filling lines at the pharmaceutical company’s Belgian site.
Young people, people with disabilities, Travelers and migrants from Eastern Europe are at much higher risk of disadvantage around employment and have less access to decent work. Colin Gleeson examines a new employment report from ESRI and IHREC.
Electric scooter sharing system supplier Super pedestrian plans to establish a European R&D center of excellence in the Republic, reports Charlie Taylor. The company confirmed the move by unveiling proposals to create up to 100 jobs as part of an initial investment of 15 million euros here.
Retirement home group Choice of treatments purchased a 60-room property in Co Cork in a deal valued at around € 10 million. The company confirmed on Tuesday that it had purchased the Brookfield Care Center, a 63-room nursing home, bringing the number of facilities it has in the Republic’s largest county to six. Barry O’Halloran has the details.
An email sent by an Irish architect fearing he would be killed during a visit to Kabul played a key role in a legal dispute on the $ 8 million property in a bank account in Guernsey. The email was sent in a context where the architect, Jeremiah Ryan, had transferred the money to Guernsey to hide it from his creditors as he prepared to go bankrupt. Colm Keena examines the matter in depth.
JD Sports has agreed to lease a new logistics facility in Dublin to fulfill its online orders and minimize disruption to its Brexit-related business, reports Ronald Quinlan. Dublin 15.
Ronald also reports that the The premises of EBS Building Society at 2 Burlington Road is offered to the market by flexible assignment / sublet with a head lease expiration date of 2027.
In other commercial real estate news, Bartra Capital is seeking 3.8 million euros for its Donegal Boardwalk Resort; Kingscroft reportedly paid around € 10 million for a ready-made residential development site in the town of Meath in Ratoath; while Bobcat Doosan, the American manufacturer of engineering and construction machinery, has entered into a new 10-year lease on the premises of the Swords Business Campus in north Dublin.
You can read all the rest of today’s commercial property stories, here.
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