Latest news with #Citywest
Irish Times
6 days ago
- Business
- Irish Times
Former Eir headquarters in Citywest for sale at hefty price cut
Owner occupiers, developers, storage operators and hotel investors will likely be interested in a landmark opportunity in Citywest . The property, which was formerly home to Eir 's headquarters, is coming to the market at €9 million – a sizeable reduction on its 2022 sale price of €37 million. 2022 Bianconi Avenue is one of only four properties in Citywest Business Campus, Dublin , with direct frontage on to the N7 – one of Ireland's busiest arterial routes. The property benefits from a high profile, with the site offering a high profile within a thriving commercial hub. Formerly home to Eir's headquarters – the telecom group opted to move its headquarters from Dublin city centre to the property back in 2018 – this expansive commercial opportunity is now available for sale through TWM with the benefit of vacant possession. The property – which was tenanted at the time – was previously put on the market back in 2022 quoting €37 million. READ MORE As such, the €9 million guide price, equating to €116 per square foot, represents a compelling opportunity, TWM said, at significantly below the estimated reinstatement value. The property comprises a large building extending to 7,198sq m (77,490sq ft) with a Ber rating of C3, set on a generous site extending to 5.76 acres, about (2.33ha), representing a site coverage of 13.31 per cent. The opportunity includes 260 surface-level car-parking spaces, affording an incoming purchaser extensive redevelopment options subject to planning permission. The property is strategically located on the N7 corridor and in close proximity to the Citywest Hotel, with easy access to the N7, the M50 (Junction 9), Dublin city centre and Dublin Airport. The area is well connected for public transport, with two Luas Red line stops nearby and frequent Dublin Bus services (77A, 65B, 69) linking directly to the city centre. Citywest is a location for companies such as Glanbia, Fidelity Investment and SAP, while a number of residential schemes have been developed that have complemented and diversified the area. Robbie Coakley of TWM said: 'With an attractive lot size such as this, we expect to see interest from a wide range of buyers for this asset, including but not limited to owner occupiers, speculative developers, storage operators and hotel-type uses, due to the low site coverage and the diverse uses which can be utilised on this site subject to planning permission.' Coakley added that an added incentive of this sale is the opportunity for an investor to acquire a building at a capital value 'that is considerably lower than the reinstatement cost of the building'.
BreakingNews.ie
02-06-2025
- Health
- BreakingNews.ie
Physiotherapist at Dublin nursing home struck off over failure to disclose UK suspension
A physiotherapist has been struck off over his failure to notify his regulatory body that he had been temporarily suspended from practising in the UK amid concerns over his professional competency. An inquiry found Thangapandian Subramanian guilty of professional misconduct for failing to notify CORU's Physiotherapists Registration Board that he had been made the subject of two interim suspension orders by its UK counterpart in February and August 2023. Advertisement Mr Subramanian, who worked at the TLC nursing home in Citywest, Co Dublin, had his registration suspended by the UK's Health and Care Professions Council (HCPC) two years ago. The Indian native, who had worked as a physiotherapist for over 24 years, had been registered to work in Ireland since March 2019. The inquiry by CORU's Professional Conduct Committee also found that Mr Subramanian had breached the Health and Social Care Professional Act 2005 in relation to the requirement to update information and correct errors. It followed admissions by the physiotherapist about his failure to notify CORU – the regulatory body of health and social care professionals – about his suspension from practising in the UK and his acceptance that it constituted professional misconduct. Advertisement Mr Subramanian acknowledged that the failure also constituted breaches of the Code of Professional Conduct and Ethics for Physiotherapists. However, he insisted the issue arose out of a 'misunderstanding.' The inquiry heard the physiotherapist had provided false responses when filling out forms about whether he had ever been registered with another regulator and, if so, if he had any restrictions placed on his practice or had adverse findings made against him. Counsel for CORU, Eoghan O'Sullivan BL, told the inquiry that all physiotherapists have a duty to notify CORU within seven days of any matter which might affect their registration. Advertisement The inquiry heard that CORU only became aware of the interim suspension orders in August 2023 when the HCPC sent its Irish counterpart a list of registrants whose practice was subject to restriction. In correspondence with CORU, Mr Subramanian apologised 'unreservedly' for the lack of honesty he had shown when renewing his registration in September 2023. Mr Subramanian said he had asked the HCPC that same month to cancel his UK registration as he did not want to return to work there, but had not realised that his registration could not be cancelled while a complaint against him was being investigated and an interim suspension order was in place. 'I thought I could remove my name from the register and the complaint would be closed,' he explained. Advertisement In further correspondence, the physiotherapist claimed he wrongly believed when filling out the registration form for CORU that questions about any restrictions on his practice only related to matters within the jurisdiction of Ireland. Mr Subramanian insisted that providing incorrect information was unintentional, as he had not meant to withhold information. The inquiry heard that the physiotherapist had been suspended for an initial period of 18 months in the UK over concerns about his work with the Kent Community Health NHS Foundation Trust. The issues related to the physiotherapist's general conduct, clinical knowledge, poor communications and documentation errors. Advertisement It was also claimed Mr Subramanian had got a trauma patient to carry out repeated weight-bearing exercises when they were unable to do it, as well as keeping inaccurate records which did not make 'clinical sense.' The physiotherapist said he had resigned from his job with the NHS due to pressure and rejected the concerns raised about his performance, which he claimed were 'baseless, racially motivated and fabricated.' In recommending that Mr Subramanian's registration should be cancelled, the inquiry's chairperson, Shane McCarthy, said he had dishonestly misrepresented that he was not the subject of an interim suspension by his regulator in the UK. Ireland 'Taking cocaine is completely normalised now', rec... Read More 'The committee finds that honesty is expected of all members of society and of members of a profession as it goes to public safety and the reputation of the profession,' said Dr McCarthy. He said the committee did not accept Mr Subramanian's claims that his lack of transparency and honesty was not deliberate. Dr McCarthy said the sanction of cancelling the physiotherapist's registration pointed to the gravity of his misconduct and was necessary to protect the public. Although he had expressed remorse and demonstrated limited insight, Dr McCarthy said the committee was not convinced that his insight minimised a repetition of the conduct as he appeared more focused on getting back to work in Ireland.
Business Post
25-04-2025
- Business
- Business Post
Profit and Loss: Sandford Park, Flowforma, Citywest, Ward & Burke
Profit and loss Profit and Loss: Sandford Park, Flowforma, Citywest, Ward & Burke Revealing who is up and who is down as we go inside the world of Irish businesses Alice O'Leary, Fionn Thompson and Emma Hanrahan 17:00 Accounts for Sandford Park School Designated Activity Company showed its retained earnings reserve grew from €1.86 million in the 2023, to €2.3 million in 2024.
