Statistical Analysis April - September 2011

Allsop Space

231 lots offered

214 lots sold

92.6% success rate

€40m raised

€4.9m from overseas

The Auction For the period April to September 2011, Allsop Space Ltd. sold 214 properties for a combined total of over €40 million. The properties were disposed of over three auctions, held in April, July and September. A further sale in November will complete the 2011 series of auctions.

The Buyer A combined total of over 300,000 visits to the online catalogue were recorded, from over 130 countries worldwide, over the course of the three auctions. An attendance of over 6,000 was recorded at the three events in the Shelbourne Hotel. 4,711 people inspected the properties and there were 3,941 Legal Packs distributed. At each auction there have been on average over 40 registered remote bidders, the majority of whom are from overseas. Interestingly, most overseas bidders were outbid by Irish purchasers. The below represents a breakdown of the buyer profile:

With Bank Finance

14%

Without Bank Finance

86%

Finance

Buy to Let Investor

57%

Owner Occupier

29%

Development 11%

Unknown 3% Type

Dublin 29%

Regions 58%

Overseas 13%

Origin

Dublin 51%

Rest of Country

49%

Location

The Property The average catalogue comprises a broad mix of property types and locations, both tenanted and vacant. Whilst stock has been primarily residential, sales have also incorporated an interesting mix of commercial properties. It is clear that there is healthy appetite for income producing property from buyers at home and abroad. The below represents a breakdown of the types of property sold.

Apartment 41%

House 41%

Commercial 18%

Type

Retail 53% Land/Site

16%

Public House 10%

Mixed Use / Block

10%

Industrial 8%

Office 3%

Commercial

Tenanted 49%

Vacant 51%

Tenancy

The Price It is interesting to analyse the relationship between maximum reserve prices and sale prices. Of the 214 properties sold, 75% realised prices in excess of reserves. The average sale price was 30% above reserve. This is a good indication of the strength of competition that can be generated through sensible pricing. Individual prices achieved have been quite varied. Some properties have sold on the reserve price and others up to 440% above. This demonstrates, on the one hand, the difficulty of projecting the potential realisation of certain assets in the current market. On the other, it clearly illustrates how global marketing through the auction process allows property to find its natural price level in a totally fair and transparent forum. Residential investment properties, particularly in prime residential districts such as Dublin 4 and 6, have proved to be exceptionally sought after. As successive auctions are held, results achieved for income producing properties are establishing, for the first time, a public data bank of capital values and investment yields (rental income expressed as a percentage of sale price). This is of vital importance to the investment sector. Such information enables future bidders to make informed buying decisions and to benchmark real estate performance against that of other asset classes. Vacant houses and apartments across Ireland have attracted strong competition amongst, for example, owner occupiers (including first time buyers), parents purchasing for their children, developers seeking to modernise properties in need of work as well as investors seeking to let. Below is an analysis of the average price for the residential properties by region sold to date. This is based on the 179 houses and apartments sold at the first three sales.

Yield Analysis (Average)

Houses Apartments Commercial Overall

Dublin 8.36% 8.86% 13.54% 9.47%

Rest of Country 7.68% 8.63% 11.40% 9.35%

National 8.00% 8.80% 12.40% 9.43%

Below is an analysis of the average price for the residential properties sold to date. This analysis is based on the 179 houses and apartments sold to date. It will take a number of further auctions to build a more representative analysis of the large variety of properties and locations.

Price Analysis (Average)

Houses Apartments Overall

Dublin €388,677 €150,701 €225,980

Rest of Country €126,982 €79,348 €113,228

National €219,170 €132,467 €175,331

The World The interest abroad in the Allsop Space auctions has been staggering. The auctions have been widely reported on across the world’s media, from The Wall Street Journal to the Sydney Morning Herald. Consistently, each auction attracts approximately 100,000 hits to the online catalogue, with the visits originating from over 130 countries worldwide. By way illustration, below is an analysis of international interest in the September catalogue, as provided by Google Analytics.

The Results

Listed below are the full results of all three auctions to date, with maximum reserve prices, sale prices, yields and buyer origin.

Friday 15th April 2011

Lot Number Property Address Description Status Purchaser Origin

Maximum Reserve

Sale Price Percentage Over

Current Rent

Yield Offered

Yield Achieved

April - Lot 01 1 Lensmen House, Essex Street, DUBLIN 2 Vacant Studio Apartment Sold Dublin €80,000 €126,000 58%

April - Lot 02 428 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Investment 1 Bed Apartment Sold Dublin €100,000 €129,000 29% €10,800 10.8% 8.4%

April - Lot 03 41 The Tannery, Cork Street, DUBLIN 8 Investment 1 Bed Apartment Sold Dublin €85,000 €102,000 20% €11,400 13.4% 11.2%

April - Lot 04 3 Chancery Court, Bride Street, DUBLIN 8 Investment 2 Bed Apartment Sold Dublin €160,000 €159,000 -1% €15,600 9.8% 9.8%

April - Lot 05 1 Wilford Court, Bray, WICKLOW Investment 2 Bed Apartment Sold Wicklow €105,000 €154,000 47% €10,800 10.3% 7.0%

April - Lot 06 3 Sea View, Clifden, GALWAY Part Vacant Building Sold ENGLAND €102,500 €141,000 38% €3,600 3.5% 2.6%

April - Lot 07 4 Bridle Walk, Kilminchy Portlaoise, LAOIS Investment 2 Bed Apartment Sold Kilkenny €35,000 €61,000 74% €5,520 15.8% 9.0%

April - Lot 08 28 Bridle Walk, Kilminchy Portlaoise, LAOIS Investment 2 Bed Apartment Sold Dublin €35,000 €62,000 77% €5,880 16.8% 9.5%

April - Lot 09 Pharmacy, Castle Street, Roscrea, TIPPERARY Investment Retail Unit Sold Tipperary €205,000 €336,000 64% €35,000 17.1% 10.4%

April - Lot 10 7 Meadow Villas, Dundrum, DUBLIN 14 Vacant 3 Bed House Sold Dublin €290,000 €410,000 41%

April - Lot 11 Apartment 31, 25 Wolfe Tone Street, DUBLIN 1 Vacant 2 Bed Apartment Sold Dublin €85,000 €120,000 41%

April - Lot 12 415 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Vacant 1 Bed Apartment Sold Wicklow €100,000 €116,000 16%

April - Lot 13 432 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Investment 2 Bed Apartment Sold SCOTLAND €140,000 €190,000 36% €13,800 9.9% 7.3%

April - Lot 14 9 Hybla Court, Blackhorse Avenue, DUBLIN 7 Vacant 2 Bed Apartment Sold Dublin €90,000 €107,000 19%

April - Lot 15 51 Lakeshore Drive, Renmore, GALWAY Vacant 4 Bed House Sold Limerick €265,000 €332,500 25%

April - Lot 16 59 & 60 Murrough Drive, Renmore, GALWAY Investment 2 Houses Sold Galway €170,000 €205,000 21% €17,400 10.2% 8.5%

April - Lot 17 28 Chancery Court, Bride Street, DUBLIN 8 Investment 2 Bed Apartment Sold Dublin €160,000 €159,000 -1% €15,600 9.8% 9.8%

April - Lot 18 16 Clan House, Dominick Street, GALWAY Vacant 2 Bed Apartment Sold Tipperary €70,000 €74,000 6%

April - Lot 19 44 Chancery Court, Bride Street, DUBLIN 8 Vacant 3 Bed Penthouse Sold ENGLAND €230,000 €345,000 50%

April - Lot 20 103 & 103B Rathgar Road, DUBLIN 6 Investment Building Sold Dublin €300,000 €350,000 17% €30,000 10.0% 8.6%

April - Lot 21 37 The Tannery, Cork Street, DUBLIN 8 Investment 1 Bed Apartment Sold ENGLAND €85,000 €93,000 9% €9,900 11.6% 10.6%

April - Lot 22 Unit 2 Auburn Park, Castlenock, DUBLIN 15 Investment 3 Bed Apartment Sold Dublin €190,000 €207,000 9% €13,800 7.3% 6.7%

April - Lot 23 Unit 5 Auburn Park, Castlenock, DUBLIN 15 Investment 3 Bed Apartment Sold Dublin €190,000 €200,000 5% €13,800 7.3% 6.9%

April - Lot 24 6 Rookwood View, Stocking Lane, Rathfarnham, DUBLIN 16 Investment 2 Bed Apartment Sold Kildare €145,000 €141,000 -3% €13,140 9.1% 9.3%

April - Lot 25 106 Churchtown Road, Lower, DUBLIN 14 Vacant 4 Bed House Sold Dublin €400,000 €495,000 24%

April - Lot 26 108 Churchtown Road, Lower, DUBLIN 14 Vacant 4 Bed House Sold Kildare €400,000 €505,000 26%

April - Lot 27 17 Clan House, Dominick Street, GALWAY Vacant 2 Bed Apartment Sold ENGLAND €70,000 €70,000 0%

April - Lot 28 33 Bridle Walk, Kilminchy Portlaoise, LAOIS Investment 2 Bed Apartment Sold Laois €35,000 €64,000 83% €5,280 15.1% 8.3%

April - Lot 29 Pharmacy, 11 Lord Edward Street, Kilmallock, LIMERICK Investment Retail Unit Sold Meath €140,000 €285,000 104% €32,000 22.9% 11.2%

April - Lot 30 380 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Vacant 3 Bed Apartment Sold MONACO €180,000 €179,000 -1%

April - Lot 31 Tuskar House, Johns Gate, WEXFORD 6 Apartments & 3 Units Sold SPAIN €210,000 €560,000 167%

April - Lot 32 Unit 11 Auburn Park, Castlenock, DUBLIN 15 Investment 2 Bed Apartment Sold Clare €165,000 €159,000 -4% €11,100 6.7% 7.0%

April - Lot 33 Unit 12 Auburn Park, Castlenock, DUBLIN 15 Investment 2 Bed Apartment Sold MONACO €165,000 €160,000 -3% €12,000 7.3% 7.5%

April - Lot 34 42 Raglan Lane, Ballsbridge, DUBLIN 4 Vacant 4 Bed House Sold Dublin €600,000 €550,000 -8%

April - Lot 35 Apartment, 21 Sandy Road, GALWAY Vacant 2 Bed Apartment Sold Galway €52,500 €95,000 81%

April - Lot 36 18 Clan House, Dominick Street, GALWAY Vacant 2 Bed Apartment Sold Sligo €70,000 €69,000 -1%

April - Lot 37 418 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Vacant 1 Bed Apartment Sold Dublin €140,000 €161,000 15%

April - Lot 38 137 Capel Street, DUBLIN 1 Vacant Retail Unit Sold Dublin €130,000 €190,000 46%

April - Lot 39 63 The Tannery, Cork St, DUBLIN 8 Investment 2Bed Apartment Sold FRANCE €120,000 €120,000 0% €12,600 10.5% 10.5%

April - Lot 40 1 Hybla Court, DUBLIN 7 Investment 2 Bed Apartment Sold Dublin €90,000 €100,000 11% €9,600 10.7% 9.6%

April - Lot 41 37 Braemor Park, Churchtown, DUBLIN 14 Vacant 4 Bed House Sold Meath €400,000 €470,000 18%

April - Lot 42 13 Rookwood View, Stocking Lane, Rathfarnham, DUBLIN 16 Investment 2 Bed Apartment Sold Meath €145,000 €145,000 0% €12,900 8.9% 8.9%

April - Lot 43 Unit 21 Auburn Park, Castlenock, DUBLIN 15 Investment 2 Bed Apartment Sold Dublin €165,000 €160,000 -3% €15,000 9.1% 9.4%

April - Lot 44 Croham Hurst, Sandyford Road, Sandyford, DUBLIN 18 Vacant 6 Bed House Sold Dublin €400,000 €530,000 33%

April - Lot 45 W/D prior W/D prior

April - Lot 46 357 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Vacant 1 Bed Apartment Sold Dublin €100,000 €99,000 -1%

April - Lot 47 Kyle, Baltinglass, WICKLOW Vacant Farmhouse Sold MONACO €290,000 €420,000 45%

April - Lot 48 IPOS, Mahon Village, CORK Investment Retail Unit Sold Kildare €140,000 €130,000 -7% €20,000 14.3% 15.4%

April - Lot 49 152 Cois na hAbhainn, Tuam, GALWAY Investment 3 Bed House Sold Galway €45,000 €70,000 56% €7,800 17.3% 11.1%

April - Lot 50 19 Clan House, Dominick Street, GALWAY Vacant 2 Bed Apartment Sold Galway €70,000 €70,000 0%

April - Lot 51 39 The Tannery, Cork Street, DUBLIN 8 Investment 1 Bed Apartment Sold Dublin €85,000 €103,000 21% €10,800 12.7% 10.5%

April - Lot 52 St Patricks Square, Newbridge, KILDARE Investment 1 Bed Apartments Sold MONACO €70,000 €69,000 -1% €6,000 8.6% 8.7%

April - Lot 53 7 Rookwood View, Stocking Lane, Rathfarnham, DUBLIN 16 Investment 2 Bed Apartment Sold Cork €145,000 €139,000 -4% €13,200 9.1% 9.5%

April - Lot 54 Unit 22 Auburn Park, Castlenock, DUBLIN 15 Investment 2 Bed Apartment Sold Dublin €165,000 €163,000 -1% €15,000 9.1% 9.2%

April - Lot 55 Unit 2 Windmill Lodge, Windmill Road, Crumlin, DUBLIN 12 Investment Retail Unit Sold Kildare €120,000 €220,000 83% €51,000 42.5% 23.2%

April - Lot 56 Site at Estuary Road, Malahide, DUBLIN Vacant Site Sold Dublin €230,000 €230,000 0%

April - Lot 57 371 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Investment 2 Bed Apartment Sold Meath €140,000 €140,000 0% €13,800 9.9% 9.9%

April - Lot 58 34 Bridle Walk, Kilminchy Portlaoise, LAOIS Investment 2 Bed Apartment Sold ENGLAND €35,000 €64,000 83% €5,520 15.8% 8.6%

April - Lot 59 19 Chancery Court, Bride Street, DUBLIN 8 Vacant 2 Bed Apartment Sold Meath €160,000 €160,000 0%

April - Lot 60 Chancery Court, Bride Street, DUBLIN 8 Vacant Retail Unit Sold Clare €50,000 €57,000 14%

April - Lot 61 20 Clan House, Dominick Street, GALWAY Vacant 2 Bed Apartment Sold Galway €70,000 €70,000 0%

April - Lot 62 424 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Vacant 2 Bed Apartment Sold Laois €140,000 €163,000 16%

April - Lot 63 Pharmacy, The Square, Casteltownbere, CORK Investment Building Sold Clare €205,000 €365,000 78% €47,500 23.2% 13.0%

April - Lot 64 9 The Tannery, Cork Street, D8 Investment 2 Bed Apartment Sold Dublin €120,000 €121,000 1% €13,200 11.0% 10.9%

April - Lot 65 25 Gort Na Carraige, Corrundulla, GALWAY Vacant 4 Bed House Sold MONACO €125,000 €124,000 -1%

April - Lot 66 14 Rookwood View, Stocking Lane, Rathfarnham, DUBLIN 16 Investment 2 Bed Apartment Sold MONACO €145,000 €140,000 -3% €13,200 9.1% 9.4%

April - Lot 67 Rascals Pub, Arklow, WICKLOW Vacant Building Sold Wicklow €260,000 €400,000 54%

April - Lot 68 21 Clan House, Dominick Street, GALWAY Vacant 2 Bed Apartment Sold Galway €70,000 €78,000 11%

April - Lot 69 Unit 33 Auburn Park, Castlenock, DUBLIN 15 Investment 2 Bed Apartment Sold MONACO €165,000 €172,000 4% €13,200 8.0% 7.7%

April - Lot 70 Unit 34 Auburn Park, Castlenock, DUBLIN 15 Investment 2 Bed Apartment Sold Louth €165,000 €180,000 9% €12,000 7.3% 6.7%

April - Lot 71 62 The Tannery, Cork Street, DUBLIN 8 Investment 2 Bed Apartment Sold MONACO €120,000 €119,000 -1% €12,600 10.5% 10.6%

April - Lot 72 431 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Investment 2 Bed Apartment Sold ENGLAND €140,000 €165,000 18% €13,200 9.4% 8.0%

April - Lot 73 464 Castleforbes Square, Upper Mayor Street, DUBLIN 1 Investment 3 Bed Apartment Sold Dublin €180,000 €185,000 3% €16,200 9.0% 8.8%

April - Lot 74 15 Weston Crescent, Weston Park, Lucan, DUBLIN Vacant 4 Bed House Sold Dublin €250,000 €250,000 0%

April - Lot 75 21 Dun Na Ri, Tinryland, CARLOW Vacant 4 Bed House Next Auction

April - Lot 76 25 Alverno, Athlone, WESTMEATH Vacant 3 Bed House Sold Westmeath €50,000 €49,000 -2%

April - Lot 77 3 Liffey Walk, Liffey Valley Park, Lucan, DUBLIN Vacant 4 Bed House Sold Sligo €130,000 €161,000 24%

April - Lot 78 33 Heather Hill Wood, Sleaty Road, CARLOW Vacant 4 Bed House Sold Carlow €95,000 €129,000 36%

April - Lot 79 36 Grange Heights, Mullingar, WESTMEATH Vacant 3 Bed House Sold Dublin €22,500 €30,000 33%

April - Lot 80 W/D prior W/D prior

April - Lot 81 7 Hermitage Road, Lucan, DUBLIN Vacant 3 Bed House Sold Galway €155,000 €181,000 17%

April - Lot 82 Larraghmore, Tuam, GALWAY Vacant 4 Bed House Sold Tipperary €42,500 €74,000 74%

April - Lot 83 Strand Street Upper, Wicklow Town, WICKLOW Vacant Site Sold Wicklow €20,000 €52,000 160%

April - Lot 84 The Covet, Bostoncomon, Rathangan, KILDARE Vacant 2 Bed Cottage Sold Kildare €140,000 €140,000 0%

Total / Average €12,150,000 €14,868,500 22% 12.0% 9.5%

Thursday 7th July 2011

Lot Number Property Address Description Status Purchaser Origin

Maximum Reserve

Sale Price Percentage Over

Current Rent

Yield Offered

Yield Achieved

July - Lot 01 465 Castleforbes Square, Upper Mayor Street, Dublin 1 Vacant 2 Bed Apartment Sold ENGLAND €142,000 €148,000 4% July - Lot 02 Apt 1, Linden Square, Grove Avenue, Blackrock, Co. Dublin Investment 2 Bed Apartment Sold Wexford €202,000 €270,000 34% €15,600 7.7% 5.8%

July - Lot 03 Unit 6 Bawnogue Shopping Centre, Clondalkin, Dublin 22 Investment Retail Unit Sold ENGLAND €120,000 €139,000 16% €17,500 14.6% 12.6%

July - Lot 04 2 Stepaside Villas, Stepaside, Co. Dublin Investment 2 Bed House Sold Dublin €102,500 €146,000 42% €10,800 10.5% 7.4%

July - Lot 05 Apartment 92B Smithfield Market, Dublin 7 Investment 2 Bed Apartment Sold Dublin €175,000 €177,000 1% €14,400 8.2% 8.1%

July - Lot 06 27 Knockthomas, Castlebar, Co. Mayo Vacant 3 Bed Bungalow Sold Mayo €42,000 €87,000 107% July - Lot 07 5 Hibernian Avenue, Dublin 3 Vacant 1 Bed Cottage Sold Dublin €62,000 €67,000 8% July - Lot 08 396 Castleforbes Sq, Block H, Upper Mayor Street, Dublin 1 Investment 2 Bed Apartment Sold Meath €142,000 €145,000 2% €13,200 9.3% 9.1%

July - Lot 09 3 Killarney Park, Bray, Co. Wicklow Investment Building Sold Galway €150,000 €220,000 47% €22,860 15.2% 10.4%

July - Lot 10 249 Upper Kilmacud Road, Stillorgan, Co. Dublin Vacant 5 Bed House Sold Westmeath €275,000 €280,000 2% July - Lot 11 13 The Boulevard, Tyrrelstown, Dublin 15 Vacant 4 Bed House Sold ENGLAND €97,500 €129,000 32% July - Lot 12 4a St. Fintans Villas, Blackrock, Co. Dublin Vacant Site Sold Dublin €30,000 €66,000 120% July - Lot 13 1 The Bridge, Thomastown, Co. Kilkenny Vacant 2 Bed House Sold Dublin €60,000 €50,000 -17% July - Lot 14 Newtown Manor, New Orchard, Kilkenny City, Co. Kilkenny Vacant 4 Bed House Sold Laois €410,000 €440,000 7% July - Lot 15 Apt 20, Linden Square, Grove Avenue, Blackrock, Co. Dublin Investment 3 Bed Apartment Sold Dublin €222,000 €285,000 28% €15,600 7.0% 5.5%

July - Lot 16 4 St Canice's Park, Glasnevin, Dublin 9 Investment 2 Bed Maisonette Sold Dublin €55,000 €55,000 0% €6,400 11.6% 11.6%

July - Lot 17 9 Trinity Street, Drogheda, Co. Louth Investment Unit and 4 Bedsits Available €57,500 July - Lot 18 Apartment 10 Townsville St Mary's Road, Arklow, Co. Wicklow Vacant 2 Bed Apartment Sold Wicklow €62,000 €71,000 15% July - Lot 19 434 Castleforbes Square, Block J, Upper Mayor Street, Dublin 1 Vacant 1 Bed Apartment Sold Meath €105,000 €132,000 26% July - Lot 20 35 Ailesbury Road, Dublin 4 Vacant 6 Bed House Sold Dublin €1,450,000 €2,325,000 60% July - Lot 21 Unit 1 Windmill Lodge, Windmill Rd, Crumlin, Dublin 12 Invesment Retail Unit Sold LUXEMBOURG €42,000 €54,000 29% €13,000 31.0% 24.1%

July - Lot 22 Unit 3 Windmill Lodge, Windmill Rd, Crumlin, Dublin 12 Vacant Retail Unit Sold Dublin €42,000 €73,000 74% July - Lot 23 1 The Green, Clover Meadows, Ferrybank, Co. Waterford Vacant 4 Bed House Sold Kilkenny €79,000 €95,000 20% July - Lot 24 W/D prior W/D prior July - Lot 25 55 The Boulevard, Tyrrelstown, Dublin 15 Vacant 4 Bed House Sold Kildare €97,500 €124,000 27% July - Lot 26 34 The Pines, Arklow, Co. Wicklow Vacant 4 Bed Bungalow Sold Wicklow €123,000 €120,000 -2% July - Lot 27 Land at Borrowaddy Road. Rathfeigh, Co. Meath Vacant Land Sold Cavan €75,000 €170,000 127% July - Lot 28 W/D prior W/D prior July - Lot 29 1 & 2 West Street, Callan, Co. Kilkenny Vacant Building Sold Kilkenny €50,000 €50,000 0% July - Lot 30 9 Primrose Avenue, Jigginstown, Naas, Co. Kildare Investment 3 Bed House Sold Kildare €92,000 €144,000 57% €9,300 10.1% 6.5%

July - Lot 31 10 Grallow Wood, Abbeyleix, Co. Laois Vacant 4 Bed House Sold Ireland €100,000 €109,000 9% July - Lot 32 21 Dun na Ri, Tinryland, Co. Carlow Vacant 4 Bed House Sold SOUTH AFRICA €40,000 €71,000 78% July - Lot 33 2 The Green, Clover Meadows, Ferrybank, Co. Waterford Vacant 4 Bed House Sold Waterford €79,000 €110,000 39% July - Lot 34 19 Ard Aoibhinn, Innishannon, Co. Cork Vacant 3 Bed House Sold Cork €132,500 €160,000 21% July - Lot 35 Cabragh, Carnaross, Kells, Co. Meath Vacant House Sold Meath €22,000 €67,000 205% July - Lot 36 The Pint Pub, 28 Eden Quay, Dublin 1 Investment Public House Sold Dublin €485,000 €485,000 0% €78,000 16.1% 16.1%

July - Lot 37 Curraghrour East, Gortmore, Lombardstown, Co. Cork Vacant 4 Bed House Sold Cork €102,000 €70,000 -31% July - Lot 38 57 Park Gate, Tullow, Co. Carlow Vacant 4 Bed House Sold ENGLAND €95,000 €117,500 24% July - Lot 39 25a John Dillion Street, Christchurch, Dublin 8 Vacant 1 Bed House Sold Tipperary €55,000 €71,000 29% July - Lot 40 68 The Pines, Arklow, Co. Wicklow Investment 4 Bed Bungalow Sold Wicklow €123,000 €120,000 -2% €9,360 7.6% 7.8%

July - Lot 41 W/D prior W/D prior July - Lot 42 W/D prior W/D prior July - Lot 43 16 Grallow Wood, Abbeyleix, Co. Laois Investment 4 Bed House Sold Laois €100,000 €112,000 12% €7,800 7.8% 7.0%

July - Lot 44 22 Ard Aoibhinn, Innishannon, Co. Cork Vacant 3 Bed House Sold Westmeath €132,500 €148,000 12% July - Lot 45 360 Castleforbes Square, Upper Mayor Street, Dublin 1 Investment 1 Bed Apartment Sold Meath €105,000 €134,000 28% €11,700 11.1% 8.7%

July - Lot 46 1 Stepaside Villas, Stepaside, Co. Dublin Vacant 3 Bed House Sold Wexford €102,500 €153,000 49% July - Lot 47 Apt 30 Spencer's Court, Summerhill Rd, Enniscorthy, Co. Wexford Investment 2 Bed Apartment Sold Wexford €30,000 €70,000 133% €6,600 22.0% 9.4%

July - Lot 48 2 The Bridge Street, Thomastown, Co. Kilkenny Vacant 2 Bed House Sold Kilkenny €60,000 €48,000 -20% July - Lot 49 Katty Barry's Pub, Mall Lane, Waterford Investment Public House Sold Carlow €185,000 €232,500 26% €25,000 13.5% 10.8%

July - Lot 50 11 Primrose Lane, Jigginstown, Naas, Co. Kildare Investment 4 Bed House Sold Kildare €112,000 €137,000 22% €12,000 10.7% 8.8%

July - Lot 51 7 Blackberry Glade, Arklow, Co. Wicklow Vacant 4 Bed Bungalow Sold Wicklow €122,000 €149,000 22% July - Lot 52 The Mill House and Mill Mews, Schull, Co. Cork 3 bed House and 3 bed Mews Sold Dublin €270,000 €560,000 107% July - Lot 53 33 Shanard Road, Santry, Dublin 9 Investment Building Sold Dublin €215,000 €377,500 76% €43,320 20.1% 11.5%

July - Lot 54 32 Villers Road. Rathgar, Dublin 6 Vacant 5 Apartments Sold Kildare €495,000 €450,000 -9% July - Lot 55 455 Castleforbes Square, Upper Mayor Street, Dublin 1 Investment 3 Bed Apartment Sold Meath €182,000 €192,000 5% €16,800 9.2% 8.8%

July - Lot 56 20 Keizer Court, Waterford City, Co. Waterford Invesment 3 Bed Apartment Sold Waterford €35,000 €53,000 51% €2,640 7.5% 5.0%

July - Lot 57 94 Upper Prospect Hill, Co. Galway Vacant 4 Bed House Sold Roscommon €50,000 €177,500 255% July - Lot 58 Currasalagh, Lisacul, Castlerea, Co. Roscommon Vacant 4 Bed House Available July - Lot 59 53 Main Street, Longford. Co. Longford Investment Building Sold Dublin €220,000 €322,500 47% €45,000 20.5% 14.0%

July - Lot 60 3 The Green, Clover Meadows, Ferrybank, Co. Waterford Vacant 4 Bed House Sold Waterford €79,000 €117,000 48% July - Lot 61 Eagle Lodge, Camolin, Co. Wexford Investment 4 Bed House Sold Wexford €250,000 €350,000 40% €9,600 3.8% 2.7%

July - Lot 62 61 Haddington Road, Ballsbridge, Dublin 4 Vacant 3 Bed House Sold Dublin €395,000 €635,000 61% July - Lot 63 1-4 Quayside, McSwiney Quay, Bandon, Co. Cork Investment Building Sold Kildare €280,000 €240,000 -14% €37,596 13.4% 15.7%

July - Lot 64 Old Road, Buncrana, Lower Ballymacarry, Co. Donegal Vacant 3 Bed House Sold Donegal €52,000 €50,000 -4% July - Lot 65 Avondale House, Clancy Terrace, Charleville, Co. Cork Vacant Building Sold Limerick €100,000 €90,000 -10% July - Lot 66 Killiney Hill Road, Killiney, Co. Dublin Vacant 2 x Houses Sold Mayo €200,000 €325,000 63% July - Lot 67 Units 21, 22, 24, 26 & 27 Tramway Court, Tallaght, Dublin 24 5 Vacant Apartments Sold Dublin €250,000 €250,000 0% July - Lot 68 Unit 8 Airport East, Business Park, Ballygarvan, Co. Cork Investment/Vacant Building Sold Cork €100,000 €155,000 55% €19,560 19.6% 12.6%

July - Lot 69 Connolly's Pub, St Brendan's Road, Portumna, Co. Galway Vacant Building Sold Galway €50,000 €270,000 440% July - Lot 70 Bank Place, Cashel, Co. Tipperary Vacant Building Sold Tipperary €52,000 €49,000 -6% July - Lot 71 70 Ashbrook, The Moyne, Enniscorthy, Co. Wexford Vacant 3 Bed House Sold Wexford €42,500 €77,000 81% July - Lot 72 4 Redwood Park, Murrintown, Co. Wexford Vacant 4 Bed House Sold Wexford €95,000 €100,000 5% July - Lot 73 6 Holly Drive, Lacken Wood, Co. Wexford Vacant 3 Bed House Sold Cork €90,000 €103,000 14% July - Lot 74 2 Doolargy, Ravensdale, Dundalk, Co. Louth Vacant Site/Building Sold Dundalk €50,000 €85,000 70% July - Lot 75 Cloonconnor, Clairemorris, Co. Mayo Vacant 3 Bed House Sold Mayo €70,000 €91,000 30% July - Lot 76 Bough, Scotstown, Co. Mayo Vacant 4 Buildings Sold Carlow €30,000 €66,000 120% July - Lot 77 Unit 25, Boirthin Na Mhuillinn, Dungarvan, Co. Waterford Investment Building Available €12,000 July - Lot 78 8 Selskar Street, Co. Wexford Investment Building Sold Wexford €220,000 €219,000 0% €20,400 9.3% 9.3%

July - Lot 79 48 Iona Road, Glasnevin, Dublin 9 Vacant 3 Bed House Sold Dublin €360,000 €710,000 97% July - Lot 80 32 Parnell Place, Cork City, Co. Cork Investment Building Sold Cork €350,000 €405,000 16% €49,584 14.2% 12.2%

July - Lot 81 Site Land, Drumbiggle Rd, Ennis, Co. Clare Vacant Site Available July - Lot 82 470 Castleforbes Square, Upper Mayor Street, Dublin 1 Investment 3 Bed Apartment Sold ENGLAND €182,000 €262,500 44% €18,600 10.2% 7.1%

July - Lot 83 W/D prior W/D prior July - Lot 84 Gurth Na Carriage, Barley Cove, Goleen, Co. Cork Vacant 4 Bed House Sold Wicklow €100,000 €135,000 35% July - Lot 85 Whitelands, Ballycorus Road, Kilternan, Co. Dublin Vacant 4 Bed Bungalow Sold Dublin €455,000 €567,500 25% July - Lot 86 Unit 3 Montpellier Court, Kiltalown, Tallaght, Dublin 24 Investment Retail Unit Sold Dublin €70,000 €142,000 103% €18,200 26.0% 12.8%

July - Lot 87 43 Headfort Grove, Kells, Co. Meath Vacant 3 Bed House Sold Ratoath €25,000 €47,000 88% Total / Average €12,101,500 €16,299,500 35% 13.1% 10.0%

Friday 23rd September 2011

Lot Number Property Address Description Status Purchaser Origin

Maximum Reserve

Sale Price Percentage Over

Current Rent

Yield Offered

Yield Achieved

July - Lot 87 43 Headfort Grove, Kells, Co. Meath Vacant 3 Bed House Sold Ratoath €25,000 €47,000 88%

Sept - Lot 01 298 Custom House Harbour, IFSC, DUBLIN 1 Investment 1 Bed Apartment Sold Dublin €90,000 €160,000 78% €11,700.00 13.0% 7.3%

Sept - Lot 02 53 Shelbourne Park Apartments, South Lotts Road, DUBLIN 4 Vacant 2 Bed Apartment Sold ENGLAND €130,000 €130,000 0%

Sept - Lot 03 18 Meadow Court, Stillorgan Park, BLACKROCK, County Dublin Vacant 1 Bed Apartment Available

Sept - Lot 04 3 St Lawrence Harbour Road, HOWTH, County Dublin Vacant 2 Bed Apartment Sold Meath €150,000 €183,000 22%

Sept - Lot 05 11 Glor Na Mara, Dock Street, GALWAY 2 x Vacant 2 Bed Apartments Sold Galway €90,000 €144,000 60%

Sept - Lot 06 19 Achill House, Custom House Square, DUBLIN 1 Investment 2 Bed Apartment Sold Kildare €150,000 €167,500 12% €14,400.00 9.6% 8.6%

Sept - Lot 07 Apt 1 95/97 Francis Street, DUBLIN 8 Investment 1 Bed Apartment Sold Dublin €74,000 €92,000 24% €9,600.00 13.0% 10.4%

Sept - Lot 08 13 Kilbride Way, CLARA, County Offaly Vacant 3 Bed House Sold AUSTRALIA €30,000 €72,000 140%

Sept - Lot 09 9 Old Coast Guard Station, Connemara, RENVYLE, County Galway Vacant 2 Bed House Sold SCOTLAND €90,000 €110,000 22%

Sept - Lot 10 6 Meadow Court, Stillorgan Park, BLACKROCK, County Dublin Vacant 2 Bed Apartment Sold After Waterford €240,000 €240,000 0%

Sept - Lot 11 30 Ti na Ri, LOUGHREA, County Galway Investment 4 Bed House Sold Galway €98,000 €127,000 30% €5,400.00 5.5% 4.3%

Sept - Lot 12 Lackaghmore, Tourloughmore, LACKAGH, County Galway Vacant 4 Bed House Sold Longford €122,500 €164,000 34%

Sept - Lot 13 W/D Prior W/D Prior

Sept - Lot 14 15 Grove Park, BALLYJAMESDUFF, County Cavan Vacant 4 Bed House Sold Dublin €50,000 €79,000 58%

Sept - Lot 15 W/D Prior W/D Prior

Sept - Lot 16 Apt 2 95/97 Francis Street, DUBLIN 8 Investment 2 Bed Apartment Sold ENGLAND €92,000 €116,000 26% €12,000.00 13.0% 10.3%

Sept - Lot 17 2 John Street, GOREY, County Wexford Retail with 2 Bed apt overhead Sold Wexford €50,000 €120,000 140%

Sept - Lot 18 2 Waverly Terrace, Kenilworth Square, Rathgar, DUBLIN 6 6 x Investment 1 Bed flats Sold Kildare €240,000 €320,000 33% €35,720.00 14.9% 11.2%

Sept - Lot 19 3 Waverly Terrace, Kenilworth Square, Rathgar, DUBLIN 6 8 x Investment 1 Bed flats Sold Kildare €380,000 €459,000 21% €53,700.00 14.1% 11.7%

Sept - Lot 20 25 Pointe Boise, Salthill, GALWAY Investment 2 Bed Apartment Sold Galway €90,000 €158,000 76% €9,000.00 10.0% 5.7%

Sept - Lot 21 Unit 4a Avonbeg Industrial Estate, Long Mile Road, DUBLIN 12 Industrial Sold Dublin €135,000 €190,000 41% €24,000.00 17.8% 12.6%

Sept - Lot 22 Apt 7 Block C, Smithfield Market, DUBLIN 7 Investment 1 Bed Apartment Sold Meath €107,500 €108,000 0%

Sept - Lot 23 8 Finglas Road, Glasnevin, DUBLIN 9 Retail with office overhead Available

Sept - Lot 24 Tuskar House, Apartments 7-18, John's Gate Street, WEXFORD Block of 12 x 2 Bed Apartments Sold Kildare €290,000 €470,000 62% €65,556.00 22.6% 13.9%

Sept - Lot 25 35 Grallow Wood, ABBEYLEIX, County Laois Investment 3 Bed House Available €7,200.00

Sept - Lot 26 Unit 802 River Point, Bishop's Quay, LIMERICK Investment 2 Bed Apartment Sold Clare €75,000 €88,000 17% €9,000.00 12.0% 10.2%

Sept - Lot 27 Apt 3 95/97 Francis Street, DUBLIN 8 Investment 2 Bed Apartment Sold Donegal €92,000 €120,000 30% €12,000.00 13.0% 10.0%

Sept - Lot 28 Killinaker House, Killinaker, ROOSKEY, County Leitrim 7 Bed House on 3.7 acres Sold Longford €50,000 €107,500 115%

Sept - Lot 29 64/65 Prussia Street, Stoneybatter, DUBLIN 7 14 apartments & 4 units Sold Roscommon €850,000 €1,150,000 35% €86,520.00 10.2% 7.5%

Sept - Lot 30 Apt 6, The Court, Bolton Street, DUBLIN 1 Vacant 2 Bed Apartment Sold Dublin €80,000 €121,000 51%

Sept - Lot 31 W/D Prior W/D Prior

Sept - Lot 32 83 Riverdale, ORANMORE, County Galway Vacant 2 Bed House Sold Galway €55,000 €80,000 45%

Sept - Lot 33 8 Sea Spray, Main Street, BUNDORAN, County Donegal Vacant 2 Bed Apartment Sold Galway €20,000 €42,000 110%

Sept - Lot 34 8 Meadow Court, Stillorgan Park, BLACKROCK, County Dublin Investment 2 Bed Apartment Available €13,200.00

Sept - Lot 35 Apt 1, Duff House, 13/15 Summerhill Parade, DUBLIN 1 Investment 2 Bed Apartment Sold Kerry €60,000 €68,000 13%

Sept - Lot 36 67 Rathgar Road, Rathmines, DUBLIN 6 10 x Investment 1 Bed Flats Sold LUXEMBOURG €330,000 €485,000 47% €48,480.00 14.7% 10.0%

Sept - Lot 37 9 Garbally Drive, BALLINASLOE, County Galway 3 Bed House & 2 Bed Annexe Sold Roscommon €45,000 €88,000 96% €10,200.00 22.7% 11.6%

Sept - Lot 38 Apt 22, Shelbourne Park Mews, 25 Ringsend Road, DUBLIN 4 Investment 2 Bed Apartment Sold Dublin €95,000 €137,000 44% €10,800.00 11.4% 7.9%

Sept - Lot 39 Unit 1008 River Point, Bishop's Quay, LIMERICK Investment 1 Bed Apartment Sold After Kildare €50,000 €50,000 0% €7,200.00 14.4% 14.4%

Sept - Lot 40 Ballydeloughey, (aka Ballylough), MITCHELSTOWN, County Cork Vacant 5 Bed House Available

Sept - Lot 41 24 Castlewood, Clonsilla, DUBLIN 15 Investment 3 Bed House Sold Mayo €95,000 €151,000 59% €11,400.00 12.0% 7.5%

Sept - Lot 42 Knocklahaun, Kilanerin, GOREY, County Wexford Derelict House on 0.59 acre Sold Wicklow €30,000 €30,000 0%

Sept - Lot 43 9 Grallow Wood, ABBEYLEIX, County Laois Investment 4 Bed House Sold Laois €100,000 €100,000 0% €7,800.00 7.8% 7.8%

Sept - Lot 44 314 Richmond Court, Mount Kenneth Place, LIMERICK Vacant 2 Bed Apartment Sold Galway €37,500 €37,000 -1%

Sept - Lot 45 5 Creggaun, Roo, CRAUGHWELL, County Galway Vacant 4 Bed House Available

Sept - Lot 46 4 Bruach an Chaladh, Dominic Street, PORTUMNA, County Galway Investment 3 Bed House Sold Galway €42,000 €58,000 38% €5,100.00 12.1% 8.8%

Sept - Lot 47 9 Glendara, DROMOD, County Leitrim Investment 4 Bed House Available €4,200.00

Sept - Lot 48 181 Winter Garden, Pearse Street, DUBLIN 2 Investment 1 Bed Apartment Sold Dublin €85,000 €127,500 50% €9,600.00 11.3% 7.5%

Sept - Lot 49 102 Willow Avenue, ATHLONE, County Westmeath Vacant 4 Bed House Available

Sept - Lot 50 Apt 4, 95/97 Francis Street, DUBLIN 8 Investment 2 Bed Apartment Sold Dublin €92,000 €128,000 39% €12,000.00 13.0% 9.4%

Sept - Lot 51 103 Queens Court, Queens Park, MONKSTOWN, County Dublin Investment 2 Bed Apartment Sold Wexford €90,000 €137,500 53% €10,800.00 12.0% 7.9%

Sept - Lot 52 40 McCurtain Street, GOREY, County Wexford Investment 3 Bed House Sold Wicklow €65,000 €55,000 -15%

Sept - Lot 53 6 Grallow Wood, ABBEYLEIX, County Laois Investment 3 bed House Sold Tipperary €85,000 €81,000 -5% €7,800.00 9.2% 9.6%

Sept - Lot 54 6 Gardiner Place, DUBLIN 1 4 storey Georgian townhouse Sold Dublin €225,000 €275,000 22% €17,700.00 7.9% 6.4%

Sept - Lot 55 456 North Circular Road, DUBLIN 7 13 x Investment 1 Bed Flats Available €22,800.00

Sept - Lot 56 Apt 5, 95/97 Francis Street, DUBLIN 8 Investment 2 Bed Apartment Sold Meath €92,000 €135,000 47% €12,000.00 13.0% 8.9%

Sept - Lot 57 161 162 & 163 Cratloe Student Village, Cratloe Wood, LIMERICK 3 x 3 Bed Vacant Apartments Sold Dublin €75,000 €112,000 49%

Sept - Lot 58 Former Chapman's Garage, Dublin Road, KILDARE, County Kildare Retail on large site Sold Kildare €365,000 €560,000 53% €10,000.00 2.7% 1.8%

Sept - Lot 59 138 Verdemont, Blanchardstown, DUBLIN 15 Investment 2 Bed Duplex Sold Leitrim €80,000 €98,000 23% €9,600.00 12.0% 9.8%

Sept - Lot 60 39 Woodlands Manor, GOREY, County Wexford Investment 3 Bed House Sold Wexford €70,000 €70,000 0% €8,320.00 11.9% 11.9%

Sept - Lot 61 W/D Prior W/D Prior

Sept - Lot 62 Apt 6, 95/97 Francis Street, DUBLIN 8 Investment 2 Bed Apartment Sold Cork €92,000 €123,000 34% €12,000.00 13.0% 9.8%

Sept - Lot 63 Ballykeeran, Bullaun, LOUGHREA, County Galway 5 acres Sold Dublin €33,000 €63,000 91%

Sept - Lot 64 23 Meadow Court, Stillorgan Park, BLACKROCK, County Dublin Investment 3 Bed House Sold Dublin €275,000 €275,000 0% €22,680.00 8.2% 8.2%

Sept - Lot 65 28 St Alphonsus Road, Drumcondra, DUBLIN 9 Vacant 6 Bed House Available

Sept - Lot 66 70 Manor Street, DUBLIN 7 4 x Investment 1 Bed Flats Sold Dublin €125,000 €157,500 26% €6,344.00 5.1% 4.0%

Sept - Lot 67 W/D Prior W/D Prior

Sept - Lot 68 Rosslea, Adelaide Road, BRAY, County Wicklow 5 x Investment 1 Bed Flats Available €36,240.00

Sept - Lot 69 22 Meadow Court, Stillorgan Park, BLACKROCK, County Dublin Investment 4 Bed House Sold Dublin €325,000 €430,000 32% €22,800.00 7.0% 5.3%

Sept - Lot 70 W/D Prior W/D Prior

Sept - Lot 71 Apt 7, 95/97 Francis Street, DUBLIN 8 Investment 2 Bed Apartment Sold Sligo €92,000 €124,000 35% €12,000.00 13.0% 9.7%

Sept - Lot 72 5 Reillys Avenue, DUBLIN 8 Investment 2 Bed House Sold Dublin €80,000 €110,000 38% €10,260.00 12.8% 9.3%

Sept - Lot 73 40 The Village, Porterstown Road, Clonsilla, DUBLIN 15 Investment 4 Bed House Sold Dublin €130,000 €127,000 -2% €11,352.00 8.7% 8.9%

Sept - Lot 74 22 Greenbriar, Verdemont, Blanchardstown, DUBLIN 15 Investment 2 Bed Apartment Sold Dublin €55,000 €104,000 89% €9,600.00 17.5% 9.2%

Total / Average €7,361,500 €9,861,500 34% 12.0% 8.9%