IRELAND... · 2018-12-16 · Sources: IBM’s 2017 Global Locations Trends report, IDA Ireland, The...

William BeckettHouse

IRELANDDublin

William BeckettHouse

IRELANDDublin

DUBLIN: MACRO OVERVIEW 04

ECONOMY 06

SUPPLY AND DEMAND 08

HOUSING AND RENTAL MARKETS 09

THE DEVELOPMENT 10

THE AREA 12

SPECIFICATIONS 14

FLOORPLANS 16

DISCLAIMER 25

CONTENTS

DUBLIN:MACRO OVERVIEW

The fastest growing economy in Europe the past four years, and the third top ranked location for European real estate investment in 2019, Dublin is attracting attention for all the right reasons. As political reorganisation occurs next door, 16 of the world's top 20 technology firms have increased investment in their EMEA headquarters in Ireland's capital, exemplifying Dublin's attractiveness as a key technology powerhouse within the European Union.

Source: PwC Emerging Trends in Real Estate 2019

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ECONOMY

Dublin is experiencing booming commercial success. The world's leading technology and financial institutions are positioning their EMEA headquarters in the city, enticed by one of the world's lowest corporate tax rates and a highly educated, English-speaking workforce.

Ireland's solidified position within the European Union supports the case for why the city will continue to attract further investment from the world's largest corporations.

ECONOMY

Imagery ©2018 Google, Map Data ©2018

Sources: IBM’s 2017 Global Locations Trends report, IDA Ireland, The State of European Tech report by Atomico

Ireland has ranked #1 for high value Foreign Direct

Investment (FDI) in the world for six years in a row

Europe’s fastest growing tech worker population in

2016 and 2017

One of Forbes’ top ten countries for business in 2017

210,000 direct FDI jobs

LinkedIn EMEA HQ (1,200 employees) 2 min

Baggot Street Upper (restaurants & bars) 3 min

Amazon EMEA HQ (1,400 employees) 6 min

Twitter EMEA HQ (200 employees) 13 min / 5 min

Google EMEA HQ (3,500 employees) 14 min / 6 min

St. Stephens Green and Luas Station 15 min / 6 min

Indeed EMEA HQ (500+ employees) 16 min / 7 min

Facebook EMEA HQ (2,000 employees) 20 min / 8 min

International Financial Services Centre 26 min / 10 min

Salesforce* (4,000 - 5,000 jobs) 29 min / 12 min

EMPLOYMENT HUB-

*under construction

Facebook EMEA HQ

InternationalFinancial Service Centre

Indeed EMEA HQ

Twitter EMEA HQ

Google EMEA HQ

LinkedIn EMEA HQ

St Stephens Green and Luas Station

Amazon EMEA HQ

Baggot Street Upper

William Beckett House

Salesforce*

8 9

HOUSING AND RENTAL MARKETSSUPPLY AND DEMAND

0.77% population growth per annum – higher than any

other EU country

Ireland's population is projected to grow by 34.39%

between 2015-2080, with 40% of this growth expected

to be seen within Dublin

Ireland's population has been continually increasing since the 1960's, with the country seeing a 35% increase in residents between 1991-2016. This has created a source of long-term demand for housing, particularly in the Dublin market.

The under supply experienced across Dublin's housing market has put upward pressure on rental prices and capital values. This situation is expected to continue for the foreseeable future.

As more residents move into Dublin, they are facing an acutely

undersupplied local housing market. High development costs

and a shortage of labour have stunted the city's ability to meet

housing requirements.

The city is currently completing only 4,000 of the 10,000

additional dwellings required annually to keep pace with demand.

As residential prices in Dublin remain between 10-20%

below their 2007 peak, significant growth is expected in the coming years, bolstered by an acute housing

shortage which may take up to 7 years to narrow.

FOR THE YEAR END 2017-

Source: CSO, JLL

DUBLIN RESIDENTIAL PRICE INDEX-

# 11.6% # 11.6%# 10.8% # 14.7%Dublin residential property prices

Avg. rental rates p.a. since 2013

Houses Apartments

POPULATION -

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WILLIAM BECKETT HOUSE

THE DEVELOPMENT

Located in the heart of the city, William Beckett House puts the best of Dublin just beyond your front door. Positioned next to the Grand Canal and only a 3 minute walk from the iconic Baggot Street, there could not be a more ideal place to call home.

12 13

THE AREA THE AREA

The Irish government has created a EUR8.6 billion investment

plan for public transport between 2018 and 2027. The

proposed developments will greatly improve local and

international connections to Dublin.

EUR3 billion will realise the MetroLink, an urban light rail system, estimated to complete by 2027, which could accommodate 50 million passengers per year

EUR320 million has been promised to the Dublin Airport to create a second runway by 2021, allowing the city to welcome additional traffic

Dublin has been ranked as the city offering the best quality of life in the UK and Ireland for two years in a row. The historic

capital city affords its residents access to more than just leading

employment opportunities, with a thriving cultural calendar and

growing culinary scene.

Located off Pembroke Row, William Beckett House combines

urban convenience with natural serenity. Residents can indulge

in an evening stroll along the Canal or venture further to one of

the many open green spaces in the city centre. Leading eateries,

bars and fashion retailers are also just a short walk away.

Source: 2018 Quality of Living report by Mercer

The Luas Green Line is within ten minutes walk giving you quick access to North, South and West Dublin

The DART serves destinations within and outside of Dublin, connecting at Connolly for services around the country

INVESTMENT PLAN -

Sources: Department of Transport, Tourism and Sport, The National Transport Authority

The best of Dublin city can be reached with ease from William Beckett House. Conveniently located in the city centre, public transport options nearby include Dublin Bus, DART and LUAS services, affording residents quick access to the rest of the county and beyond.

14 15

SPECIFICATIONS-

The apartments at William Beckett House are spacious and bright, with contemporary design elements and furnishings throughout. • All apartments are fully decorated and in turnkey condition• Beautifully refurbished entrance lobby• Video Intercom system• High specification kitchens feature stone worktops • Fully fitted bathrooms with stone plinths and high specification tiling• Fitted wardrobes as standard• Fully floored throughout • Balconies feature in a majority of apartments and large roof terraces available on upper floors• Individual gas boilers to all apartments• Chrome switching throughout• Secure underground parking available for selected units

Whilst every effort has been made to ensure that the information provided is as accurate as possible, our specifications and photography are designed specifically as a guide only. IP Global and the developer reserve the right to amend the specifications as necessary without notice.

SPECIFICATIONS

For more information, please speak to one of our consultants.

SPECIFICATIONS

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FLOORPLANS

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FLOORPLANS DISCLAIMER

Please note: floor plans, prices and images are for information purposes only and are subject to change from time to time. Areas shown are approximate measurements.

You acknowledge that: (i) the information contained in this document and such other material issued in connection therewith (the “Content”) are provided for information purposes only and will not be regarded as advice on securities or collective investment schemes or other financial or investment advice; (ii) the Content is not intended for the purpose of advice, dealing or trading in securities or collective investment schemes; (iii) the Content may include certain information taken from property surveys, stock exchanges and other sources from around the world; (iv) the Content is provided on an “as is” basis and by way of a summary and we do not guarantee the accuracy, completeness, or timeliness of the Content; (v) the Content may be subject to the terms and conditions of other agreements to which we are a party; (vi) none of the information contained in the Content constitutes a solicitation, offer, opinion, or recommendation by us to buy or sell any security, or provision of legal, tax, accounting, or investment advice or services regarding the profitability or suitability of any security or investment; (vii) you should not rely on the Content as the sole means of making any investment decision relating thereto and you should seek professional, independent and specific advice on any such investment decision; (viii) the property market is volatile and illiquid and property prices and rental yields may fluctuate widely or be affected by a broad range of risk factors; (ix) all plans and specifications in the Content are intended as a guide only and are subject to such variations, modifications and amendments as may be required by the relevant authorities or the relevant developer’s consultants or architects; (x) all renderings and illustrations in the Content are artists’ impressions only and all measurements are approximate subject to final survey and confirmation; (xi) the Content is not intended for use by, or distribution to, any person or entity in any jurisdiction or country where such use or distribution would be contrary to law or regulation; and (xii) the Content has not been authorised or approved by the Securities and Futures Commission of Hong Kong or any regulatorybody of competent authority whether in Hong Kong or elsewhere.Accordingly, you assume all responsibility and risk for reliance upon and the use of the Content and, we, our agents, directors,officers, employees, representatives, successors, and assigns expressly disclaim any and all responsibility for any direct orconsequential loss or damage of any kind whatsoever arising directly or indirectly from: (i) the use of the Content, (ii) relianceon any information contained in the Content, (iii) any error, omission or inaccuracy in any such information including, withoutlimitation, financial data, forecasts, analysis and trends, or (iv) any action or non-performance resulting from the foregoing. Thisexclusion clause shall take effect to the fullest extent permitted by applicable laws.

PROFESSIONAL ADVICE Any statement contained in the Content is made on a general basis and we have not given any consideration to nor have we made any investigation of the investment objective, financial situation or particular need of any user or reader, any specific person or group of persons. You are advised to make your own assessment of the relevance, accuracy and adequacy of the information contained in the Content and conduct independent investigations as may be necessary or appropriate for the purpose of such assessment including the investment risks involved. You should consult an appropriate professional advisor for legal, tax, accounting, or investment advice specific to your situation, as to whether any governmental or other consents are required or if any formalities should be observed for the purposes of making such investments as are mentioned in the Content. If you are unsure about the meaning of any of the information contained in the Content, please consult your financial or other professional advisor.

THIRD PARTY REFERENCES References to third party publications are provided for your information only. The content of these publications are issued by third parties. As such, we are not responsible for the accuracy of information contained in those publications, nor shall we be held liable for any loss or damage arising from or related to their use.

Connolly Longhurst Estate Agents

Scottish Provident Building7 Donegall Square WestBelfast, BT1 6JH

+44 (0) 2890 [email protected]

IRELAND... · 2018-12-16 · Sources: IBM’s 2017 Global Locations Trends report, IDA Ireland, The...

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Transcript of IRELAND... · 2018-12-16 · Sources: IBM’s 2017 Global Locations Trends report, IDA Ireland, The...