Average national rents rose 2.1 per cent in the first quarter of 2021 and are 1.7 per cent higher than they were a year ago, while Dublin rents remain lower year-on-year but have started to trend upward, according to figures from Daft.ie. Laura Slattery reports.
Unions will meet Aer Lingus this week to discuss the possible impact on jobs of the airlineâs ongoing losses from continued Government travel bans. The carrierâs operations lost â¬103 million in the first quarter of the year, prompting chief executive Lynne Embleton to warn staff that cuts could be needed should the airline lose a second summer to Covid curbs. Barry OâHalloran has the details.
Agent John Younge is guiding a price of â¬1.1 million for a redevelopment opportunity with full planning permission for 10 apartments in Dublin city centre.
Located on the banks of the river Liffey and overlooking the landmark James Joyce bridge, number 14 Usherâs Island is a former four-storey building which today comprises a two-storey protected structure on a site of almost 5,000sq ft. The subject site also incorporates an enclosed rear void and double-height warehouse of 2,828sq ft, with vehicular access from Island Street, to the rear.
Potential remodelling
While Dublin City Council granted planning permission in August 2020 (Reference: 4252/19) for the development of 15 apartments to include the creation of a new six-storey block and the remodelling of the existing protected building, this number has since been reduced to 10 units following discussions with the owner. Full particulars of the approved project can be obtained from the selling agent directly or, on