• Jackie Fitzpatrick joins the business as Director of Investments and Aoife Hanlon and Emma Coffey are promoted to Director positions

• Lisney also announces nine further key internal appointments

Lisney, Ireland’s largest independently-owned multi-disciplinary property advisory company, is pleased to announce the appointment of three new Directors. In addition, the company has made nine new internal appointments across a range of services, signalling the continuation of an ambitious growth trajectory for the business Lisney for 2022.

Jackie Fitzpatrick has been appointed Director of Investments with Lisney. In her new role, she will oversee the running of the Lisney Investment division and manage the continued growth of the department, which handles the sale of commercial investment properties nationwide.

With over two decades of experience in the Irish property sector, Jackie is regarded as a highly accomplished investment agent who has been involved in some of the largest deals in Ireland including the acquisition of the Project Tolka Portfolio on behalf of Blackstone (€300m); acquisition of the Cedar Portfolio also on behalf of Blackstone (€535m); sale of Blanchardstown Shopping Centre (€950m); and the acquisition of Project Jewel loan sale on behalf of Allianz (€1.85bn). She joins Lisney from JLL, where she spent eight years, and prior to that, she worked with Savills for nine years. She holds a first-class honours BSc in Property Economics from Bolton Street, now TU Dublin.

Aoife Hanlon has been appointed Director of Lettings with Lisney. Based in Lisney’s branch office on Upper Leeson Streets, she has been with the business for seven years and specialises in all aspects of the residential property market including Private Residential Schemes, Built to Rent and multi-unit letting and management in the Dublin market. Prior to joining Lisney, Aoife spent five years working in Perth as a Residential Property Manager where she also studied and obtained her management license through the Real Estate Institute of Western Australia. She recently completed a BSc in Management in Practice through Ulster University and is also a member of the Residential Tenancies Board stakeholder committee.

Emma Coffey has been appointed Director of Retail with Lisney. A qualified chartered surveyor, Emma joined Lisney in 1999 and has significant experience in all aspects of the retail agency business including lettings, sales, acquisitions and landlord and tenant rent review and lease renewal work. She specialises in advising retail and F&B clients on market trends and lease terms and has developed a broad repeat client base including well-known operators such as Zizzi, Camile Thai, Sano Pizza, Tiger Pizza, Oxfam, Spar, Equipet, Designer Exchange and Bo Concept.

Emma holds a BSc (Hons) degree in Real Estate Management from Oxford Brookes University and a diploma in Auctioneering, Valuation and Estate Agency from DIT Bolton Street. Emma is also a member of the Society of Chartered Surveyors Ireland and the Royal Institution of Chartered Surveyors.

In addition, Lisney has also made nine key internal appointments across a range of client services:

• Jason Fielden, Divisional Director of Valuation & Advisory

• Tracey Gilbourne, Divisional Director of Residential, Ranelagh

• Patrick Hughes, Divisional Director of Valuation & Advisory

• James Kearney, Divisional Director of Industrial

• Tom McCarthy, Divisional Director and Health and Safety Manager, Property Management

• Fintan McCluskey, Divisional Director of Valuation & Advisory

• Ann-Marie McCoy, Divisional Director of Residential, Blackrock

• Nicholas O’Connell, Divisional Director, Cork Commercial

• Martin O’Halloran, Divisional Director of Development Land

David Byrne, Managing Director, Lisney, says:

“We’re delighted to announce these significant new appointments at Lisney. Jackie brings a wealth of significant experience to the business and we’re delighted that someone of her calibre and proven capability has chosen to join the already extremely experienced Lisney team. Her breadth of understanding of the property sector will be a significant asset to us and her contribution, alongside Aoife and Emma and the rest of the team, will be instrumental as we continue to grow our business in 2022. The range of internal promotions we are also announcing today shows our dedication to ensuring our best-in-class team can achieve their true career potential within one of the most highly respected property advisory firms in the country.”

NoCo unveils new online platform that enables employers to provide closer-to-home workspaces for their employees

Companies could save 27% in workspace costs while also saving their employees up to 40% in transportation costs if they implement a hybrid working strategy, according to a new case study carried out by NoCo, Ireland’s largest hybrid workspace network.

The case study examined how a typical city centre-based company of 139 employees, located in a prime Dublin office location, could create a more cost-efficient workplace model in response to the recent changes to the ways of working created by Covid.

Conducted by Office Pal, a financial outsourcing provider, on behalf of NoCo, the case study shows that by implementing a hybrid working model with a 60/40 split of time between working in the office and remote working in a hub close to the employees’ home, the business secured:

• 40% reduction in city centre sq. ft requirement
• 50% savings per employee realised when city centre leased office space is replaced by suburban flexible office space
• 90% less time commitment required when comparing flexible workspace terms vs traditional leasing terms
• Flexible workspace 25% more cost efficient versus supplying employee with a city centre car space
• 260 hours less time spent commuting to the office for employees

An overall net saving of 27% in workspace costs can be seen in the case study where a city centre-based company reduces their city centre footprint, implements a hybrid working policy and operates a hub and spoke real estate model.

The hybrid working approach would also see a significant impact on a company’s and their employees’ carbon emissions with a potential 670kg reduction possible should they reduce the time spent commuting into the city by 2.5 hours daily through remote working.

The case study not only highlights the overall potential savings that can be made but also the increased flexibility that a company can secure by reducing their reliance on city centre leased space and supplementing this with a network of suburban based flexible workspaces, with a 90% reduction in the time commitment required in flexible workspace in comparison to a traditional lease.

In previous research carried out by NoCo and Trinity College, the switch to a remote workspace was shown to be a welcome change by employees to solely working from home, with 65% of respondents stating they had an inadequate home office space. Only 5% said they had a dedicated office space at home, while 77% stated privacy as a major issue when working from home.

To further facilitate employers making the switch to hybrid working, NoCo has launched a new online platform that enables employers to discover, subscribe and manage a network of closer to home workspaces for their employees. NoCo’s network now consists of over 350 locations nationwide through a number of strategic partnerships, while expansion into the UK is ongoing with 100 locations surrounding London now available.

Brian Moran, co-founder of NoCo, said: “The workplace of the future is evolving, for most employers this has always been a significant cost and we wanted to explore what the implications of the recent changes in work practices were for a company’s bottom line this by asking the team in OfficePal to carry out this case study. The results show that as the workspace becomes more fluid and flexible, so too can the costs associated with it.”

John Donnelly, CEO of Office Pal, said: “We were delighted to carry out this case study on behalf of NoCo. We can see that a combination of remote and hybrid working, along with the implementation of a hub and spoke real estate model shows significant potential for driving cost efficiencies throughout the business. While the study primarily focuses on the upfront costs associated with the workplace, it certainly highlights the potential for more savings to be made in other areas of the business through this model.”

Notes to Editor:

For more information on NoCo visit  www.nocoworkspace.com or check out NoCo on LinkedIn.

Christmas FM aims to raise over €250,000 for Barnardos to Give the Gift of Childhood this Christmas for over 5,000 children living in poverty

Christmas FM, the popular radio station that is seen by many as the official soundtrack to the festive season, is delighted to announce that Cadbury, Coca-Cola and An Post have signed up for yet another year as Premier FM Sponsors of the radio station.

Christmas FM will be celebrating its 14^th year on air this year when it launches on FM in November and since it began broadcasting, has raised over €2.7 million for a range of charities.

This year, Christmas FM will return to the FM airwaves on Sunday 28th November 2021 with the aim of raising over €250,000 for charity partner Barnardos to provide targeted and intensive support for over 5,000 children most in need – providing nutritious food, support with education, and therapeutic services with their trained support teams. Barnardos is a trauma informed organisation working directly with about 18,000 children and their families every year across its 45 projects.

As the running of the radio station is funded by sponsorship this ensures that all on-air fundraising and donations will go directly to Barnardos.

Garvan Rigby, co-founder of Christmas FM, said: 

“We’re really delighted to bring Christmas FM back on-air for our 14^th year with a big helping hand from our premier FM sponsors – Cadbury, Coca-Cola and An Post. We would also like to thank askpaul.ie who have kindly donated the studio space this year. It’s a significant achievement to have reached this milestone and we want to thank each and every one of our listeners who have supported us and in turn, supported each of our chosen charities.”

“This would not be possible without our brilliant sponsors Cadbury, Coca-Cola and An Post who have come on board again this year as the 2021 Premier FM sponsors and askpaul.ie who have kindly donated the studio space this year. We’re excited to get back on FM and begin our fundraising, so we can help our charity partner Barnardos to Give the Gift of Childhood to over 5,000 children this Christmas. We would like to thank each of our sponsors once more this year for their invaluable support.”

Aisling Wilde, Frontline Activation Country Lead, Coca-Cola Ireland said:

“Christmas is about bringing people together and spending quality time with friends and family. This year, Coca-Cola will be spreading real Christmas magic across the island of Ireland, and we’re delighted to be continuing our partnership with Christmas FM to help us to do just that. We will be announcing our exciting Christmas plans soon, follow #HolidaysAreComing to learn more”.

Richard Miley, Marketing Communications Lead of An Post Mails & Parcels says:

“An Post is committed to empowering connections for people of all generations across the world this Christmas, so that they can stay connected and send love at home and abroad. Christmas FM is a vital part of Christmas in Ireland, as we replay old memories and make new ones. We’re delighted to work with the hardworking Christmas FM team again this year and to make life a little brighter for everyone while supporting Barnardos.” 

Spokesperson and Cadbury Brand Manager, Maighréad Lynch said:

“We are so excited to be sponsoring Christmas FM and our charity partner Barnardos this year. There is no greater time of year to celebrate the people of Ireland’s generous instinct and raise much needed funds for Barnardos, to help their vital work. Christmas is the season for generosity, and we are delighted to work Christmas FM to help bring people some festive magic and cheer while supporting a worthy cause.’’

Christmas FM will be broadcasting from the offices of askpaul.ie who have kindly donated the studio space this year.  Tune in on Sunday 28th November from 12pm to hear a host of familiar radio voices who will be volunteering their time to bring you round-the-clock Christmas tunes and festive updates, as well as sharing their special Christmas memories and favourite holiday experiences. The station will be broadcasting live on FM, on smart speakers, the Christmas FM app and online at www.christmasfm.com.

Find out all the ways to listen at https://christmasfm.com/listenin/

You can follow the station on social at

@christmasfm

Christmas FM – Bringing You the Magic of Christmas

• Nearly a third (30%) of mortgage owners do not want to stay in their current property

• Majority of renters like their area, but just 56% are satisfied with the home they live in

According to the new Living and Housing report from Core, Ireland’s largest marketing communications company, 46% of those surveyed who are renting in Ireland are 35–54-year-olds and 55% are couples with and without children, despite the common assumption that renters are young single adults.

The research shows that the average age of a renter has been increasing, as the lack of housing to purchase keeps a growing generation renting, whether they want to or not. Only 23% of mortgage-holders are aged under 34 years old, while 66% of homeowners are aged over 55 years old.

The report reveals that location trumps living space across all households in Ireland currently with 76% of people satisfied with the area they live in. It is evident from the report there is dissatisfaction with the quality of living spaces in comparison, as nearly a third (30%) of mortgage owners have revealed they don’t want to stay in their current property long term and just 56% of renters are satisfied with their home itself.

The report shows that the Irish public now place a lot more value and importance on community, its amenities and surrounding areas in comparison to pre Covid.

• 1 in 3 adults feel that the upkeep of public parks, the sense of community and the cleanliness of their town have changed for the better in the last 2 years
• 64% of renters and 82% of home owners feel safe in their community
• 65% of renters would recommend their area, less than half (45%) of renters like their home

Speaking about these research findings, Core’s Marketing Director, Finian Murphy said:

“The modern-day profile of renters needs to be recognised as not only young people starting out, but in fact many renters are now young families at that key household formation stage of life. It is important to recognise that the traditional family first home is becoming less of a realisation for many. The opportunity to decorate, customise or invest in a home as a family grows may not be possible when renting. This will have a significant impact on many categories who market their brands to young couples and families starting out.

30% of current mortgage owners told us they would not like to stay in their home for the long-term, which will of course drive up demand for those looking to move from maybe their first home to a large space. This tends to be driven by the current home not “suiting my needs” rather than being unhappy with the community or area they live in. In fact, during COVID-19, there has been a growth in appreciation for local parks, public space and community spirit so of those who plan to move, they possibly only which to go around the corner.”

To learn more about Core, please visit onecore.ie or @core_irl on Twitter.

To register to receive the full report, please visit onecore.ie/intel