Davy Stockbrokers has dismissed speculation that over-investment in office space in Dublin could lead to a glut in supply in coming years.
In a note to clients, the firm said that planning applications for about 6.6 million sq ft in office space are currently lodged - this is equivalent to one fifth of the total office space currently available in Dublin.
Some bodies have expressed fears that attempts to deal with the current shortage will lead to too many developments, a rapid drop in rents, and big losses for developers come 2017 or 2018.
Davy says that this scenario is unlikely, and that there is a "low risk of oversupply by end-2018."
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Cerberus, the US firm which secured NAMA's controversial 'Project Eagle' Northern Irish portfolio, has collected €100m in repayments from developers who's loans it bought.
This is according to a new filing from Promontoria Eagle, the company which Cerberus used to buy the Project Eagle loans.
Cerberus Capital Management bought the portfolio for 1.6bn in April 2014 - this deal is now subject to criminal and parliamentary investigations in Northern Ireland and the US.
It has been claimed that £6m was transferred to an account on the Isle of Man to make inappropriate payments to Northern Irish politicians and business people.
The company denies that it was involved in any wrongdoing.
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International Business Machines (IBM) reported weaker than expected results over night - missing analysts' already pessimistic forecasts.
Its total revenues fell by 13.9% to $19.28bn - $350m below expectations.
Shares in IBM, the world’s largest technology services company, fell by nearly 5% last night to $142 after it announced a sharper than expected slide in third quarter revenues.
The company was hit by waining demand in China and the strong performance of the US dollar.
This is the fourteenth quarter in a row that IBM has recorded falling revenues as it tries to move from its legacy hardware business of computers, printers and low-end servers to cloud-based internet services, security software and data analytics.
The company employs 3,000 people in Ireland.
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The European Central Bank's (ECB) new team for overseeing banks, the single supervisory mechanism (SSM) will carry out a fresh set of stress tests in the new year - Permanent TSB and other smaller lenders will be required to take part.
These will not be part of the European Banking Authority's (EBA) stress tests which also examine the balance sheets of larger institutions.
PTSB was the only Irish lender which was forced to raise capital after the last round of EU stress tests one year ago.
IBM has been offloading low-margin parts of its business to put more resources into cloud computing.
