Commercial Property Insights

Insights from one of the UK’s leading property investment consultants, Neil McShane.

Category: Uncategorized

Property, Ping Pong & Pizza

INPRIO hosted its first Property, Ping Pong and Pizza event, supported by Barclays Eagle Labs. Experts from across the property industry dropped-in to Ormeau Baths for an unrivalled combination of property chat, pizza and ping pong. Attendees dabbled in the real thing and tried out the VR headset for some

Read More »

Irish Hospitality Group expands into Belfast with iconic hotel brand

Planning permission sought for 91-bedroom hotel on Bedford Street. Plans have been submitted to Belfast City Council for a boutique hotel at 34-44 Bedford Street and 4-6 Clarence Street The proposal, which was filed by Bedford Way Limited, outlines plans to develop a luxurious hospitality scheme under renowned hotel brand,

Read More »

Significant Commercial Property Supply Buoys Investor Activity

The boost to supply in Q3 supported the strong finish for the Northern Irish commercial property market. At £329.25m for 2022, investment volume was 36 percent above the five-year annual average and the highest annual total since 2017, according to new research published today by INPRIO.  The NI PROP report

Read More »

Newry Industrial site sold for new headquarters and distribution hub

INPRIO has successfully sold a 10.39 acre site in Newry for £1.6m.  The site, which is zoned for industrial development, will house the new headquarters and distribution hub for S&W Wholesale.   The sale forms part of Chancellors Exchange, a 22 acre site at Chancellors Road, Newry, located beside the A1

Read More »

Appeal of NI commercial sector holds firm for investors

For all the challenges of 2021, the commercial property investment sector recorded its highest annual volume since 2017. At £317.7m volume was almost double that of 2020 when we spent a significant proportion of the year in lockdown. 2021 was buoyed by the £87m sale of Merchant Square, but nevertheless

Read More »

Commercial sector thriving with sales of NI retail parks

Exclusive: Report from INPRIO highlights buoyant first quarter but suggests office deals have stalled, writes John Breslin Retail park sales are likely to continue to dominate the commercial property sector after a strong start from the estimated £40m purchase of a south Belfast site, according to a report. Substantial deals,

Read More »

INPRIO Annual Commercial Property Market Review 2021

The world is waking up….these were the words of a client back in September, as we continued on our slow path back to normality.  A few months later, and we can see a further improvement, but it is undoubtedly small steps.  It is difficult to say just how long we

Read More »

BBC Talkback – The Tribeca project gets the go-ahead

BBC Talkback – The Tribeca project gets the go-ahead from Belfast City Council’s planning committee, but critics say it’s not in the best interests of the city.  The £500m mixed-use plan is heavily weighted towards offices.  Our director, Neil McShane, contributed to the debate. When asked by William Crawley about

Read More »

BBC Newsline – Planning Decision Due for Belfast’s Tribeca Scheme

In advance of the decision by Belfast City Council’s planning committee, John Campbell, BBC News NI Economics & Business Editor, looked at the implications of the mixed-use Tribeca scheme. Contributing to the piece, our director, Neil McShane, was asked about the considerable focus on offices and, specifically, how employees have

Read More »