Olivia Fletcher

Belfast, London

Energy Reporter at Bloomberg News

Telling the island of Ireland’s story for @business

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Articles

Kennedy Wilson, Deka in Exclusive Talks on Dublin Office Block

5 days ago | news.bloombergtax.com | Olivia Fletcher |Jack Sidders

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Kennedy Wilson, Deka in Exclusive Talks on Dublin Office Block

5 days ago | news.bloomberglaw.com | Olivia Fletcher |Jack Sidders

German investor Deka Immobilien is in exclusive talks to buy a prime Dublin office building, according to people with knowledge of the matter. Kennedy Wilson was seeking about €75 million ($84.5 million) for 20 Kildare Street, a premium office building in the city center, the people said. Both Deka and Kennedy Wilson declined to comment. The deal illustrates that some confidence is returning to the battered Irish office investment market from international capital — at least for prime properties.
German Investor Deka In Talks to Buy Prime Dublin Office Block

5 days ago | bloomberg.com | Olivia Fletcher |Jack Sidders

Office buildings, including the Central Bank, at the Dublin docklands in Dublin, Ireland, on Wednesday, Nov. 27, 2024. Ireland holds a general election on Nov. 29. Photographer: Patrick Bolger/Bloomberg(Bloomberg) -- German investor Deka Immobilien is in exclusive talks to buy a prime Dublin office building, according to people with knowledge of the matter.
AIB Proceeds With €1.2 Billion Buyback With Irish State (1)

6 days ago | news.bloombergtax.com | Olivia Fletcher

AIB Group Plc’s board will proceed with a €1.2 billion ($1.4 billion) share buyback from the Irish state, after shareholders approved the deal that will put the bank on the brink of full private ownership. The bank’s board of directors confirmed the off-market purchase in a statement on Thursday. It marks the end of a chapter the bank has been keen to close.
AIB Proceeds With €1.2 Billion Buyback With Irish State

1 week ago | bloomberg.com | Olivia Fletcher

An Allied Irish Banks Plc bank branch in Dublin. (Bloomberg) -- AIB Group Plc’s board will proceed with a €1.2 billion ($1.4 billion) share buyback from the Irish state, after shareholders approved the deal that will put the bank on the brink of full private ownership. The bank’s board of directors confirmed the off-market purchase in a statement on Thursday. It marks the end of a chapter the bank has been keen to close.
Ireland Revises Down Economic Outlook on Global Trade Risks

1 week ago | news.bloombergtax.com | Olivia Fletcher

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Ireland Revises Down Economic Outlook on Global Trade Risks

1 week ago | news.bloomberglaw.com | Olivia Fletcher

The Irish government revised down its economic outlook as global trade uncertainty caused by US President Donald Trump’s tariff tirade threatens growth. Modified domestic demand is forecast to grow 2.5% in 2025, according to the Finance Ministry’s annual progress update. It was previously forecast to grow 2.9%. MDD is considered a more accurate measure for Ireland’s economy than gross domestic product given the large number of US multinational companies based there.
Ireland Revises Down Economic Outlook on Global Trade Risks

1 week ago | bloomberg.com | Olivia Fletcher

(Bloomberg) -- The Irish government revised down its economic outlook as global trade uncertainty caused by US President Donald Trump’s tariff tirade threatens growth. Modified domestic demand is forecast to grow 2.5% in 2025, according to the Finance Ministry’s annual progress update. It was previously forecast to grow 2.9%. MDD is considered a more accurate measure for Ireland’s economy than gross domestic product given the large number of US multinational companies based there.
Bank of Ireland Starts to See a Pause in Foreign Investments

1 week ago | news.bloombergtax.com | Olivia Fletcher

XYour Choices Regarding Cookies and IdentifiersWe and our 150 third party partners use cookies and similar technologies ("Cookies") and hashed identifiers (e.g., a hashed version of your name, email address or phone number) to help us identify you on our site and third-party sites and to process certain information, such as your IP address and digital identifiers, to analyze site usage and provide you with relevant advertisements and content.
Bank of Ireland Starts to See a Pause in Foreign Investments

1 week ago | bloomberg.com | Olivia Fletcher

A Bank of Ireland Group Plc branch in Belfast in 2020. (Bloomberg) -- Some of Bank of Ireland Group Plc’s corporate and foreign direct investment customers paused investments in the first quarter because of global business uncertainty, according to the lender. “The overall view now is, as you would expect, there’s a little bit of caution in the system,” Chief Executive Officer Myles O’Grady said on an analyst call.