I wonder how many of you can remember a time when the word “bondholder” was not in your vocabulary. Well it seems that the term “promissory notes” is about to acquire the same familiarity. In March 2012 and every March until nearly 2030 Ireland will need to find about €3bn per annum to pay the [...]
Archive for January 19th, 2012
Government is apparently exaggerating its efforts to deal with Anglo’s promissory notes
Posted in Banks, IMF, Irish economy, Politics on January 19, 2012 | 41 Comments »
CSO reports residential rents fell by 0.9% in the month of December 2011; mortgage interest costs up a hefty 14% year-on-year
Posted in Irish economy, Irish Property, Politics on January 19, 2012 | 4 Comments »
This morning Ireland’s Central Statistics Office (CSO) has released its inflation figures for December 2011. The headline Consumer Price Index (CPI) was down 0.3% compared to November 2011, but up 2.5% year-on-year (down from 2.9% in Novembe 2011). The biggest driver of inflation in the past 12 months continues to be the CSO category of [...]
Tale of two cities – sale of two NAMA-related properties shows striking contrast between Dublin and Derry
Posted in Developers on January 19, 2012 | 4 Comments »
NAMA is connected to the sale of two retail properties – one in Derry and one in Dublin. This entry examines the pricing differences. Jack Fagan in the Irish Times reports that NAMA is offering a 20,000 sq ft retail property in Sandyford in south westDublin for €8m. The property is leased to German discount [...]
-
Recent Posts
- Northern Ireland’s residential property price collapse – the worst in the world?
- Are we recovering?
- NAMA’s report and accounts for Q4,2011
- 30-minute guide to the ESM and Fiscal Compact treaties
- Fiscal Compact referendum – final weekly review
- NAMA in negotiations to build major new office block in central Dublin
- NAMA tackled about its protocols for the disposal of assets amid concern at Cork sale
- Of the Week..
-
Recent Comments
JP on Northern Ireland’s residential… Jake Watts on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… gerhard dengler on Are we recovering? Twitter Updates
- @OwenCallan Thanks! How many negatives make for a downgrade, I suppose. An Taoiseach says it *will* be just one more. 1 hour ago
- Northern Ireland’s residential property price collapse – the worst in the world? wp.me/pNlCf-2Es 7 hours ago
- @brianmlucey @declanganley @GTCost The IRL experience is that some patients should be let die. 9 hours ago
- @joehas @declanganley @brianmlucey @GTCost I get the impression it's forcing itself back on the table after Bankia. 9 hours ago
- @declanganley @brianmlucey @GTCost You set up a NAMA to suck out the poison OR hope the patient fends for themselves OR let the patient die 9 hours ago
- @OwenCallan Hi Owen! Has any ratings agency said it *will* downgrade IRL if there is a no vote;All S&P said no wd be credit neg in s-term 11 hours ago
- PIIGS yields mixed;SPN/ITA up at 6.5/5.7% as Bankia gets €19bn bailout; what’s SPN for “cheapest bailout in history” wp.me/PNlCf-19r 15 hours ago
- @YJB57 You never know! Peter Mathews giving a candid assessment of the Compact before Thursday could just be this vote's black swan event. 16 hours ago
Categories
- Banks (466)
- Developers (347)
- Greece (55)
- Haircut (18)
- Hotels (82)
- House Price Database (33)
- IMF (234)
- Irish economy (461)
- Irish population (41)
- Irish Property (482)
- NAMA (1217)
- NAMA valuation methodology (69)
- Non-Irish property (187)
- Northern Ireland (105)
- Politics (512)
- Uncategorized (7)
- vacant property (45)
Click on date for that day’s posts
