Hibernia Reit has signed a five-year deal with Iconic Offices for the establishment of a serviced office and co-working business in Dublin city centre.

Ireland and the UK are described as “inescapably intertwined” in the British government’s newly published Brexit plan.

THE number of home buyers taking out a mortgage has risen to a six-year high.

Overhead costs for manufacturers rose at the fastest pace in over four years in January, as higher commodity prices, currency moves and price rises at UK suppliers hit the sector.

In a sign competitiveness is being hit, some firms hiked prices in response, according to the latest Investec Purchasing Managers Index for the sector in Ireland.

On a positive note, the increase in new orders seen during the month was the fastest since July 2015, with new business from abroad rising sharply.

Philip O’Sullivan, pictured, economist with specialist bank Investec, said rising costs dented profits.

“The rate of input cost inflation accelerated sharply during January to the fastest since October 2012,” Mr O’Sullivan said.

The seasonally adjusted PMI posted 55.5 in January, broadly unchanged from the reading of 55.7 in December and signalling a further health improvement in the sector. A reading above 50 signals expansion.

Meanwhile, in the UK sterling’s fall since Britain voted to leave the European Union stoked the sharpest rise in factory costs on record last month but little boost to exports.

The Markit/CIPS UK Manufacturing PMI showed growth there softened, but remains relatively robust.

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Returns for investors across all sectors of Irish commercial property could slow to a growth rate of between 7pc and 10pc in 2017, down from 12.4pc in 2016 and only about a quarter of the 36pc level seen during the lift-off in recovery seen during 2014.

Ireland Inc is now actively targeting business, investment and recruitment from the Middle East as a result of the US travel ban on Muslims.

A government plan aimed at mitigating the effects of Brexit places a major focus on women as well as the poaching of “globally renowned” workers from the UK.

A MAJORITY of so-called millennials are positive about the economic outlook for Ireland in the year ahead.

The head of BNP Paribas Securities Services met Finance Minister Michael Noonan for an hour in December, during which they discussed the implications of Brexit.

The Irish property market is being hit increasingly hard by Brexit, with estate agents all over the country reporting an average fall-off in demand by one-third from across the water.