In a previous article written for Ulster Business, I likened several government strategies to the mistake made in Australia when the cane toad was introduced to tackle the problem of cane beetles. In principle it was a good idea, but in practice it became Australia’s largest environmental mistake. To this day the cane toad remains a pest and one of the few animals around the world that residents are actually encouraged to eradicate where possible.
In the light of significant media coverage and much political debate regarding the devolution of corporation tax to the Stormont Executive, I fear that it will take an imaginative and bold approach to maximise the potential inward investment opportunities that many perceive as the panacea to cure all ills.
Anyone who has been searching for office space in Belfast recently may have been surprised by the lack of high quality space available in the city centre and Greater Belfast area. In the last 12 months there has been a significant upturn in occupier requirements for “Grade A” space which has been driven by a combination of arriving US and UK based firms absorbing space and local companies seeking to expand after a period of consolidation.
For the third consecutive year, Osborne King came top of the poll for hotel and leisure deals in Northern Ireland during 2014 according to figures published by Estates Gazette magazine in its annual EGi’s Most Active Agents 2014 competition. The results are based purely on the number of transactions undertaken by a property agent during the year.
The well-known York Inn in Portstewart has come on the market offering prospective buyers the chance to acquire a landmark seafront property just ahead of the spring and summer trading period according to selling agents, Osborne King. The four-star licensed premises, which ceased trading recently, enjoys a prime coastal setting overlooking the Atlantic Ocean.
Over 2300 houses have been sold at auction in Northern Ireland since 2010