Real Estate Alliance

KILDARE DELIVERS TOP RESULTS FOR REAL ESTATE ALLIANCE

National Property Groups Top Development Land Sales are in Kildare

National property group, Real Estate Alliance, is celebrating their most successful development land sales figures to date, thanks to some huge development land sales in Kildare.� Ireland�s leading group of auctioneers and estate agents sold in excess of �550million* in development land sales in the last 12 months, an increase of approximately 25% on last years figures for the same period.

Record sales for development land were seen in Kildare with Lucan based agent McDonald Brothers Real Estate Alliance, selling 66 acres of mixed use commercial and residential land in Donacumper, Celbridge in Co Kildare for a staggering price of �77.6million.

Proving that Kildare really has what it takes to attract developers Coonans Real Estate Alliance, in Maynooth & Celbridge, sold 220acres at Newbridge for circa �50million and Brophy Farrell Real Estate Alliance (joint agents with Jordans) selling a 20acre site near Newbridge for �16.1million

Acccording to Will Coonan from Coonan Real Estate Alliance, �The demand for all types of residential and industrial development land has been extremely strong in Kildare in the first half of 2005.� We have recently concluded the sale of c.220 acres for a figure in excess of �50 million which proves the continued strength of the market�

Philip Farrell, Chairman of Real Estate Alliance commented; �Kildare is proving to be ever popular with developers and our agents in this region made some of the groups largest development land sales.�

�As the top deals confirm key factors affecting development land sales continue to be proximity to Dublin and the quality of the land, which is particularly good in this area.� The �hope factor� continues to be significant also with history of planning permission in the area and zoning continuing to be at the forefront of developers minds�, he continued.�

�It�s obvious our members, and in turn their clients, have really benefited from our top tips on selling land which the group has been focusing on during the year�, said Eimer O�Keeffe, Chief Executive of Real Estate Alliance.�

�Our land sales tips are designed to assist sellers to get the best possible price for their land and across the country our agents have really been following through on them.� It�s really paid off and I�m delighted the group can now celebrate a hugely successful year�; she continued.

Real Estate Alliance has member offices nationwide. The four Kildare based members are Coonan Real Estate Alliance, Celbridge and Maynooth, Brophy Farrell Real Estate Alliance, Newbridge and Bryan O`Doherty Real Estate Alliance, Athy.

Real Estate Alliance agents nationwide are well equipped to advise you on selling land.� To receive your own copy of Real Estate Alliances Land Sellers Tips email info@realestatealliance.ie or contact your local Real Estate Alliance member.

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For further details or to receive a copy of Real Estate Alliances top tips for selling land please contact Kirsten Connolly, Plunkett Communications on 01 678 1460/ 087 3939 991 or email kirsten@plunkettcommunications.com

NOTE TO EDITORS

Real Estate Alliance is a strategic marketing alliance comprising some of the country�s best-established auctioneers and estate agents. Our key focus is on locally-owned and established estate agents. With one quarter of the alliance�s firms in business for more than a century, and with an existing IAVI president & five IAVI past presidents among the group�s members, the alliance is characterised by the established strength of its membership. In addition, membership is only open to firms led by members of the Irish Auctioneers & Valuers Institute or the Society of Chartered Surveyors.

Clients of REA members benefit from:

Real Advice

- Because member firms are locally-rooted and independently owned, they have first-hand market knowledge that ensures clients make only the best-informed real estate decisions.

Real Commitment

- Member firms are well established, leading local businesses built on delivering the best results for their clients.

Real Service

- Our member firms have the detailed understanding of the local property issues facing clients to ensure that they provide a superior range of client services.

Real Professionalism

- As Ireland\'s highest-qualified property professionals, REA sales staff are members of the IAVI or the SCS, the representative bodies for Ireland\'s top property professionals.

Real Confidence

- IAVI members complete far more property transactions than any other professional group. Our member firms harness this transaction volume to seize opportunities and speed the transaction process for you.

Real Coverage

- With more than 400 professional staff in 40 offices located nationwide, our member firms can provide the best real estate advice locally and nationwide.