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Assets of Irish-resident SPVs rise to €944bn in first quarter

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Rents on the rise, unions to meet Aer Lingus, and TikTok's new Dublin office


 
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 airline’s ongoing losses from continued Government travel bans. The carrier’s operations lost €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 O’Halloran has the details. ....

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