Latest News for: Dublin leasing


Strong rebound in air travel boosts results at Irish jet lessor AerCap

Irish Independent 12 Aug 2022
The world’s biggest jet leasing firm, Dublin-based AerCap, has reported strong profitability and cash generation in the second quarter on the back of a post-pandemic air traffic recovery ... Its basic lease rents soared to $1.46bn in the quarter from $871m as it benefited ...

TikTok opts out of planned Dublin docklands office deal

The Irish Times 11 Aug 2022
TikTok has pulled out of talks to rent 16,443 sq m (177,000 sq ft) of space at a major office scheme in Dublin’s docklands ... The social media giant will reduce the size of its European headquarters at 1 Cumberland Street in Dublin 2 where it occupies four floors, by looking to lease out one of the floors to a new tenant.

AerCap sees planemaker production woes boosting lessors

Reuters 11 Aug 2022
DUBLIN/PARIS, Aug 11 (Reuters) - The world's largest aircraft lessor predicted on Thursday that planemakers will be hampered by supply chain issues for years, further slowing new jet deliveries and boosting leasing demand already benefiting from a rebound in air travel.

AerCap's Q2 revenues up 36% on travel recovery

RTE 11 Aug 2022
Dublin-based AerCap said lease rents were negatively impacted by the loss of revenue from Russian aircraft in the quarter ... "The strength in passenger demand, coupled with supply constraints across the industry, is resulting in a favourable leasing environment," its chief executive Aengus Kelly said in a statement.

AerCap revenue jumps as travel recovery strengthens globally

FX Empire 11 Aug 2022
While Dublin-based AerCap said lease rents were negatively impacted by the loss of revenue from Russian aircraft in the quarter, the recovery in passenger demand led to higher overall levels of cash collection and greater ...

Dispute over ships allegedly owned by Russian state reaches High Court

The Irish Times 11 Aug 2022
Alleged ultimate parent of Irish-registered company leasing vessels to Cypriot companies is Russian state, court hears ... Related Cypriot-registered companies involved in shipping have brought proceedings over several marine vessels they leased from GTLK Europe Designated Activity Company, which has a registered address in Hume Street, Dublin 2.

Irish company allegedly owned by Russia at centre of sanction busting concerns case

Irish Independent 11 Aug 2022
Cypriot-registered companies involved in shipping have brought proceedings over several marine vessels they leased from GTLK Europe Designated Activity Company, with a registered address in Hume Street, Dublin 2.It is claimed GTLK, which leases out aircraft and marine vessels, is ...

Former Debenhams flagship shops for sale with €75m guide price

Irish Independent 10 Aug 2022
They sold the chain of nine stores to the fashion chain Debenhams in 2006, in a deal worth €29m, but Roches retained ownership of properties in Dublin, Cork, Limerick, Tralee, Galway and Waterford, leasing them to Debenhams.Debenhams closed its Irish retail operation in March ...

Former Debenhams buildings in Dublin and Cork go on sale for €75m

The Irish Times 10 Aug 2022
Two buildings in Dublin and Cork previously occupied by British retail giant Debanhams are now on the market for a combined €75 million ... The property at 12-17 St Patrick’s Street in Cork City previously operated as Roches Stores for almost a century before the Roche family leased it to Debenhams in 2006.

Hagerty Reports Second Quarter 2022 Results

Longview News-Journal 10 Aug 2022
Total Members as of June 30, 2022 increased 9% year-over-year to 2.5 million ... Mr ... — ... In addition to onboarding a third-party project management related to these initiatives, we leased a new member service center in Dublin, Ohio and added several hundred new employees as of June 30, 2022 to meet the expected transactional volume from these initiatives.

Scrapped TikTok deal another troubling omen for Dublin office market

The Irish Times 13 Aug 2022
Marlet’s Shipping Office scheme on Sir John Rogerson’s Quay where TikTok had been in talks to take up a lease ... To accommodate these new hires, the company said it would still proceed with its move to Mapletree’s 19,509sq m (210,000sq ft) Sorting Office building in Dublin’s docklands after signing the lease last year.

A room of their own: ‘The majority of people here have been working in their bedroom or shared accommodation, and hasn’t had a designated space to create’

Irish Independent 13 Aug 2022
The lease on the building, from Dublin City Council, is on a ‘meanwhile’ basis, but Press Up have pledged to find DAS another home, should the lease end, and they hope that the lease will become a long-term one in time.Supporters include the Irish Museum of ...

Press Up’s new Dean studios offers much-needed workspaces for Dublin artists

The Irish Times 09 Aug 2022
and they have plenty of it!” This is Panti Bliss speaking at the opening of Dublin’s new Dean Art Studios, developed and paid for by the hospitality group Press Up ... There is a bit of a but, in that the Dean’s lease from Dublin City Council is on a “meanwhile use” basis.

Air-taxi firm Vertical Aerospace eyes flights as it racks up R&D costs

Irish Independent 09 Aug 2022
UK-based Vertical Aerospace was founded by Belfast-born Stephen Fitzpatrick and is listed on the New York Stock Exchange.Dublin-based aircraft leasing firm Avolon, where Mr Slattery is the outgoing chief executive, owns a stake in Vertical and is one of its main customers.

Tech company expands Dublin operations, adds jobs with big office lease

East Bay Times 08 Aug 2022
DUBLIN — A tech company has widened its operations in Dublin with a big office lease that could enable the organization to add several hundred jobs in the East Bay city ... “Snowflake’s decision to expand in Dublin demonstrates their continued success as a business” Dublin Mayor Melissa Hernandez said.

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