Work in Progress
For any PR companies reading this or others who might have an interesting story to tell, below are some subjects I’m interested in at the moment:
- Bedroom startups: Are you keeping costs low by starting up a business from your bedroom?
- Craft, creative or design-related startups or businesses that have potential to scale up and/or export.
- Insights into product design, upcoming new Irish designers and design thinking.
- Cleantech and green technology: Always interested in what is happening in the Irish cleantech and green technology sector, especially in the way of R&D within the SME, multinational or third level sector.
- Always interested in news, tip-offs and background information concerning property sales (or purchases), property developers and Nama; or: TDs, councillors, business people and local authorities and questionable deals involving land, planning permission or property.
- Have you sold/rented or marketed your house or property successfully using new media such as twitter, blogs and Facebook?
I’ll add to this as I think of new ideas. Thanks for reading.
Seanie and Britain’s Department of Business
WHAT will all the Sir Humphrey civil servant types at Britain’s Department of Business, Innovation and Skills make of it?
Disgraced former banker Sean Fitzpatrick is effectively a co-owner of the huge office block where they work in London.
A statement of affairs at his bankruptcy hearing earlier this week revealed that Seanie had an investment worth €1,584,595 in the property, whose address is 1-19 Victoria Street, SW1.
David Arnold and Deirdre Foley’s Dublin-based property investment and development firm D2 Private bought the building for £175m in early 2008 and it is understood that Fitzpatrick has a small stake in the property through an investment with the firm.
At the time, the annual rent of £9.05m for the 335,000sq ft office block – one of the largest single-let buildings in London’s West End – represented a yield of 4.75 per cent.
What will happen to Fitzpatrick’s share in the investment remains to be seen, but presumably British taxpayers - not to mention Chancellor George Osborne and his boss David Cameron – would be rather surprised to learn that he had one.
Although the lease runs until 2021, given the need to cut their government spending, perhaps they’ll make some choice comments at the next rent review in January 2011.