Developers expect “dramatic slowdown” in build-to-rent apartments market

  • 📰 IrishTimes
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 98%

United States News News

United States United States Latest News,United States United States Headlines

Seen and heard: RTE workers pay negotiations, Freshly Chopped gets read to cut UK expansion deal, and Revenue chases business debts

Developers expect a major slowdown in the market for institutionally-backed build-to-rent apartment schemes Peter Byrne/PA WireSean Mulryan’s Ballymore development group has pulled out of a €45 million deal to buy a 27-acre site in north Dublin, ahead of an expected “dramatic slowdown” in the market for building apartment blocks with institutional backing for the rental market, the Sunday Times reports.

5 per cent in May but talks were delayed while RTÉ awaited the outcome of the Future of Media Commission and also the budget, when it got an extra €15 million in funding. Negotiations are due to resume on October 14th.The Sunday Independent reports that Irish healthy food chain Freshly Chopped is close to agreeing a deal to open 120 sites across the UK in a deal with a major UK retailer.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 3. in US

United States United States Latest News, United States United States Headlines