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12/01/2010
Ruling On Belfast Apartment Test Case
The High Court in Belfast has ruled in favour of a local property developer in the first 'test case' against buyers over new apartments.
Barry Gilligan (pictured) began legal proceedings against 20 people who had booked homes at the Bakery development in the south of the city, but failed to complete the sale.
As a result of the economic downturn, the apartments – build on the site of the historic Ormeau Bakery – are now worth a lot less than when they were first released by Mr Gilligan's property company, Big Picture Developments, in the summer of 2007.
During yesterday's brief High Court hearing, Mr Gilligan – who is also the chairman of the Northern Ireland Policing Board - was granted an order of "specific performance", which is an injunction that makes the buyer perform his or her part of the contract and complete the purchase agreement, by consent of both parties.
Some commentators have speculated that the outcome may influence other buyers who are still in the process of contesting their cases.
The luxury Ormeau Road development includes 157 apartments, a gym and a private courtyard designed by TV gardener Diarmuid Gavin.
(NS/GK)
Barry Gilligan (pictured) began legal proceedings against 20 people who had booked homes at the Bakery development in the south of the city, but failed to complete the sale.
As a result of the economic downturn, the apartments – build on the site of the historic Ormeau Bakery – are now worth a lot less than when they were first released by Mr Gilligan's property company, Big Picture Developments, in the summer of 2007.
During yesterday's brief High Court hearing, Mr Gilligan – who is also the chairman of the Northern Ireland Policing Board - was granted an order of "specific performance", which is an injunction that makes the buyer perform his or her part of the contract and complete the purchase agreement, by consent of both parties.
Some commentators have speculated that the outcome may influence other buyers who are still in the process of contesting their cases.
The luxury Ormeau Road development includes 157 apartments, a gym and a private courtyard designed by TV gardener Diarmuid Gavin.
(NS/GK)
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17 February 2010
Property Firm Wins Deposit Case
The Belfast High Court has dismissed a case taken against a property company by a buyer seeking to reclaim the deposit he had put down on an apartment. The verdict came down on the side of Big Picture Developments, the company behind the Bakery apartments on the Ormeau road in the south of the city.
Property Firm Wins Deposit Case
The Belfast High Court has dismissed a case taken against a property company by a buyer seeking to reclaim the deposit he had put down on an apartment. The verdict came down on the side of Big Picture Developments, the company behind the Bakery apartments on the Ormeau road in the south of the city.
24 January 2011
Green Light For Contentious City Apartments
Although he previously stepped aside temporarily from his post as the NI Policing Board Chairman - as police investigated allegations of wrongful practice - Big Picture Developments Ltd director Barry Gilligan (pictured) has been given the go-ahead to build apartments at a controversial Nelson Street site in the north side of Belfast city centre.
Green Light For Contentious City Apartments
Although he previously stepped aside temporarily from his post as the NI Policing Board Chairman - as police investigated allegations of wrongful practice - Big Picture Developments Ltd director Barry Gilligan (pictured) has been given the go-ahead to build apartments at a controversial Nelson Street site in the north side of Belfast city centre.
05 January 2010
Redevelopment Deal For Armagh Landmark
A £10m project to transform a Co Armagh landmark into a housing development has been given the go-ahead. Sinton Mills in Tandragee will be converted into 59 residential units and 113 apartments overlooking the Cusher River.
Redevelopment Deal For Armagh Landmark
A £10m project to transform a Co Armagh landmark into a housing development has been given the go-ahead. Sinton Mills in Tandragee will be converted into 59 residential units and 113 apartments overlooking the Cusher River.
07 August 2008
Samson Shadowed By Belfast's Tallest Crane
Belfast has been 'put in the shade' by the largest crane to ever be erected in the city. Towering above the city centre skyline, the 106-metre structure was installed last week, to help construct the capital's tallest building. Raising the massive crane took almost three day to complete.
Samson Shadowed By Belfast's Tallest Crane
Belfast has been 'put in the shade' by the largest crane to ever be erected in the city. Towering above the city centre skyline, the 106-metre structure was installed last week, to help construct the capital's tallest building. Raising the massive crane took almost three day to complete.
02 April 2008
Multi-Million Pound Development For Rundown North Belfast Site
A planning application was lodged yesterday for a £90 million mixed used development in a rundown area of north Belfast. The Big Picture Development project is to be situated on a neglected patch - designated for development in the draft Belfast Metropolitan Area Plan - between Great George's Street and Nelson Street.
Multi-Million Pound Development For Rundown North Belfast Site
A planning application was lodged yesterday for a £90 million mixed used development in a rundown area of north Belfast. The Big Picture Development project is to be situated on a neglected patch - designated for development in the draft Belfast Metropolitan Area Plan - between Great George's Street and Nelson Street.
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Northern Ireland WeatherThis Evening and Tonight:Largely dry with clear spells at first, a few showers in the north and west. Becoming cloudier with rain spreading east through the early hours. Becoming windy, westerly gales developing along the north coast. Minimum temperature 6 °C.
