King Sturge announced on Friday that it has launched a new joint venture with the Dublin-based commercial property advisor HT Meagher O'Reilly in a move aimed at enabling 'both firms to expand their range of services to their existing and new clients.
King Sturge announced on Friday that it has launched a new joint venture with the Dublin-based commercial property advisor HT Meagher O'Reilly in a move aimed at enabling 'both firms to expand their range of services to their existing and new clients.
'Irish investors now spend over EUR 10 bn annually on commercial property worldwide, with the domestic market accounting for less than 25% of the total', said Declan O'Reilly of HT Meagher O'Reilly. 'With so much of the demand focused outside of Ireland, investors increasingly rely on property advisors who can provide a global reach.'
HT Meagher O’Reilly has handled over EUR 2 bn worth of property transactions in Ireland, including the purchase of AIB Bankcentre in Ballsbridge for Hibernian Life & Pensions, the forward funding of Eircom's new headquarters in Heuston South Quarter for Quinlan Private and the sale of 24-26 City Quay in Dublin 2 to Irish Life.
