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Dec 7, 2024 | 
businesspost.ie | Colin Richardson
Commercial Property Confident foreign institutional investors are returning to market after a two year absence and is expected to lead to an office market rebound next year Wilton Park in Dublin 2: Block 2 and 4 have been let to EY and Stripe respectively, highlighting the return of big office lease deals in 2024. Picture: Iput Real Estate Dublin
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Sep 18, 2024 | 
irishtimes.com | Colin Richardson
In the years 2018 to 2022, a total of €9.5 billion was invested into the residential sector in Ireland by institutional investors. The majority of this investment was made by investors based outside of Ireland, and indeed, many of the domestic institutional investors active during this period used internationally sourced finance. Of this €9.5 billion, more than €5 billon was deployed by investors acquiring assets in ‘forward structured’ transactions.
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Jul 3, 2024 | 
theneweuropean.co.uk | Colin Richardson
“End the chaos”, “Wasted years”, “Out of touch”, “A chance for change”. Keir Starmer sentiments all, but each slogan was used also by another Labour leader of the opposition, Harold Wilson, in a general election campaign 60 years ago. The leaders are similar in other respects.
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Jul 3, 2024 | 
irishtimes.com | Colin Richardson
The onset of the Covid-19 pandemic in 2020 and the subsequent years of lockdowns showed us that many office-related roles could be performed efficiently on a remote basis. An apocalyptic scenario, ‘the death of the office’ was put forth. However, as anyone who has experienced the ebbs and flows of real-estate markets understands, while sectors can face challenging times, apocalyptic scenarios are usually overplayed, as is the case here.
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Apr 5, 2024 | 
emergencyservicestimes.com | Catherine Levin |Colin Richardson
In response to the growing number of attacks on fire service personnel when attending incidents, I have been investigating the causes of such negative interaction with the aim of identifying potential solutions to help address this issue. Home Office figures show there are currently around 1,000 attacks a year across the UK, this is continuing to grow at an alarming rate of approximately 12 per cent a year.
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Jan 4, 2024 | 
argusmedia.com | Colin Richardson
European steelmaker ArcelorMittal has not bought Polish power producer Tauron Polska Energia's stake in the two firms' joint venture, Tameh Holding, despite claims by the latter, ArcelorMittal told Argus. Tauron Polska Energia said on 2 January that ArcelorMittal had offered to buy its shareholding in Tameh Holding, including energy supplier Tameh Czech, for over €137mn ($150mn). ArcelorMittal and Tauron currently own 50pc of Tameh each.
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Dec 14, 2023 | 
argusmedia.com | Colin Richardson
Tameh Czech, Liberty Ostrava's sole power supplier, is shutting down as it has no money to buy coal because of non-payment by Liberty, according to a letter seen by Argus. Tameh states that it is owed 2bn koruna (€81.8mn) by Liberty, and that it also has outstanding invoices totalling more than Kc1.2bn.
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Dec 13, 2023 | 
argusmedia.com | Colin Richardson
Steelmaker Tata Steel UK will not make any announcement about transitional decarbonisation plans for its Port Talbot facility in South Wales until after Christmas, chief executive Rajesh Nair said in an internal email, seen by Argus. Tata was scheduled to announce the closure of its blast furnaces, coke ovens, hot strip mill and continuous annealing processing line last month, but postponed the announcement at the last minute.
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Dec 4, 2023 | 
argusmedia.com | Colin Richardson
Oman has exported more slab so far this year than any other year, despite not producing the material. Oman shipped 1.53mn t of slab between January and October this year, up from 1.33mn t in the whole of 2022 and just over 700,000t in 2021, according to trade data. The country does not produce slab, but is often substituted for Iran on documents by traders wanting to secure bank financing — many financial institutions are wary of involvement in Iranian trade because of US sanctions on the country.
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Nov 30, 2023 | 
argusmedia.com | Colin Richardson
Beleaguered Czech steel producer Liberty Ostrava has secured a moratorium against its energy supplier Tameh Czech. The company applied for the moratorium in the regional court in Ostrava under Czech preventive restructuring rules, which enable troubled companies to restructure outside of formal insolvency proceedings.
