Responding to the latest CSO house price figures indicating continuing house price growth of 12.1% in the year to March in Dublin and 13.4% elsewhere, Brokers Ireland has warned that unless supply of properties ramps up more quickly in the near future a whole generation now in their late twenties and thirties, and even beyond, […]
Construction
Ireland’s robust economic performance coupled with the ongoing recovery in the housebuilding sector are driving strong growth in the hardware sector. Despite the severe weather in the early part of the year the hardware industry, including retail, wholesale and manufacturing, is now responsible for direct employment of 19,000 and an overall economic contribution of €377 […]
As it marks 30 years of business, Specialist Joinery Group is recruiting 52 additional staff as part of a multi-million pounds investment. The investment included a major extension to its factory in Maghera which now spans three acres.
The bespoke joinery and fitted furniture manufacturer is expanding its workforce to help grow its business in Great Britain and Europe. […]
“The Irish economy is firmly back on its feet,” according to Loretta O’Sullivan, Group Chief Economist at Bank of Ireland. “Consumer spending is just above its previous peak and will be an important driver of growth going forward.”
The improvement in consumer confidence is being fuelled by rising employment as the economy continues to create jobs. […]
“How do you intervene in a market that is out of balance? We have a lot of policies but implementation is vital,” remarked David Duffy, Director of Property Industry Ireland, the Ibec group that represents the sector, when assessing the issue and challenges facing Ireland’s housing market, where the growth in supply is lagging behind […]
John Sisk & Son, Ireland’s largest construction company, has become the first Irish business to join global energy efficiency initiative EP100. As part of its EP100 membership commitment, Sisk has pledged to double its energy productivity within 25 years, joining companies such as Schneider Electric, Johnson Controls, Danfoss and H&M in demonstrating climate leadership by reducing energy use.
Supported by The Climate Group, which leads EP100 in partnership with the Alliance to […]
By 2040 the population of the Republic of Ireland will have reached 6 million, according to Eoghan Murphy TD, the Minister for Housing, Planning and Local Government. He added: “Where are these people going to live and how will they live?”
The Minister was the opening speaker at the 2018 National Construction Summit, which was held […]
“All housing, not just for first time buyers, needs to be affordable. This means lower prices in Dublin and surrounding counties, which will bring down rents,” pointed out Colm McCarthy, Economist at University College Dublin, during the recent 2018 National Construction Summit.
Colm McCarthy was a main speaker at the event, where he presented his ‘plan […]
Blockbusters Environmental Services recently recruited six new staff with support from Invest Northern Ireland and has now won a new contract in Great Britain as a result. The company will be providing its specialist drainage and environmental services to an award-winning UK construction and fit-out contractor for its London based construction projects.
Speaking about the company’s […]
Time is running out to register to attend the 2018 National Construction Summit being held this Wednesday (2nd May) at the Citywest Convention Centre, Dublin. The event is expected to attract more than 2,000 visitors from across the country. Now in its fourth year, the annual National Construction Summit has become firmly established as an […]
Ecocem Ireland and Ecocem GB have launched a new brand. Ecocem is Europe’s largest independent specialist producer of GGBS (Ground Granulated Blastfurnace Slag) cement with a capacity of 2.4 million tonnes. Significant developments in the organisation have seen a growing interaction across its operating regions in Ireland, Holland, France, UK and Sweden, as well as the […]
Eoghan Murphy TD, the Minister for Housing, Planning and Local Government, will make the opening address at the 2018 National Construction Summit, being held on Wednesday, 2nd May at the Citywest Convention Centre, Dublin.
The 2018 National Construction Summit is expected to attract more than 2,000 visitors, from across the country. The Minister for Housing, Planning […]
The Carbon Trust has announced the launch of BLUE PILOT, a large-scale demonstration project aimed at reducing costs and underwater noise during construction of offshore wind farms as part of the Offshore Wind Accelerator (OWA). The BLUE PILOT project will deploy The BLUE Hammer, a new type of pile driver developed by Fistuca BV, a Dutch […]
Dún Laoghaire-Rathdown County Council has agreed a Capital Expenditure Programme of over €742 million. The Three Year Capital Programme 2018-2020 will deliver a considerable number of infrastructural and housing projects that are of strategic importance to the County and the Region from both a social and an economic perspective. This will shape the development of […]
Fine Grain Property, an Irish-Singaporean commercial property vehicle, is investing €35 million in a new office development for 400 staff at a Limerick business park used by IDA Ireland to attract technology multinationals.
The new four-storey development at the IDA National Technology Park in Plassey, 6km from Limerick city centre, will take 12 months to construct, Fine Grain […]
New Year, new acquisition! Fine Grain Property is delighted to announce it has acquired a 60,000 square feet office development in Cork Airport Business Park. Plans are already afoot to carry out some important improvements to the Building that will benefit its existing tenants, including Aviva, Aon Hewitt, JLT and Genesis. In addition, a significant […]
A survey by the Construction Industry Federation (CIF) has found that on average approximately only 1 out of 10 construction workers are female. The survey found that on construction sites 99% of workers are male, whilst offsite, 54% are male and 46% are female. Of those women working in construction roles considered ‘offsite’ the majority […]
The Government has published the sixth annual progress report and seventh housing survey on tackling the issue of unfinished housing developments. This reveals a 91% reduction in the unfinished developments since 2010 from almost 3,000 to 256. 2017 saw the resolution of 165 developments.
The report includes the results from the 2017 National Housing Development Survey […]
Global building materials group CRH has reported another year of profit growth with margins and returns ahead in all its American and European Divisions. Sales at €27.6 billion were 2% ahead of 2016 and like-for-like sales were also up 2%. EBITDA rose by 6% to €3.3 billion and by 3% on a like-for-like basis. Group […]
Takeda Pharmaceutical Company is to create up to 70 new jobs and invest €25 million in the construction of a new regenerative medicine facility at its site in Grange Castle. The investment by Takeda will expand their Grange Castle site’s existing footprint, with the construction of a new standalone modular cell therapy facility dedicated to […]
Initiative Ireland, headquartered at NovaUCD, has launched a new annual housing report, entitled Housing 2031. The report was commissioned to provide a more accurate and consistent view of housing supply and demand over the last 25 years in the Republic of Ireland, to more reliably forecast true housing demand up to 2031.
Padraig W Rushe, CEO of […]
Kingspan, the global leader in high performance insulation and building envelope solutions, has reported its preliminary results for the year ended 31 December 2017.
2017 was a significant year for Kingspan which, despite its challenges, was a record period for the group. Revenue rose by 18.0% to €3.7 billion, and trading profit grew by 10.7% to […]
Irish construction firm Sammon Group has been officially recognised as one of Ireland’s Best Places to Work in the major national workplace awards programme overseen globally by the Great Place to Work Institute. The Best Workplace Awards recognise Ireland’s most engaging, progressive and productive workplaces. Listed workplaces are selected and ranked by the Great Place to […]
Expected to attract more than 2,000 visitors, from across the country, the 2018 National Construction Summit will be held on Wednesday, 2nd May at the Citywest Convention Centre, Dublin. Now in its fourth year, the annual National Construction Summit has become firmly established as an All-Ireland ‘must-attend’ event, which successfully connects key stakeholders across the […]
Gyproc, Ireland’s leading manufacturer of plaster and plasterboard and part of the Saint-Gobain group, has announced an investment of €8 million as part of the development of its quarry in Knocknacran, Co. Monaghan. The development will see Gyproc recommence operations in the quarry, ensuring it has access to a long-term supply of gypsum rock, the mineral […]
Esri Ireland, the market leader in geographic information services, has announced that Construction Information Services (CIS) has leveraged its digital mapping platform to present its members with a visual guide to construction projects around Ireland. 36,500 construction projects, worth €56 billion, are currently mapped on this visual platform.
CIS is Ireland’s leading construction intelligence service whose […]
Over 50,000 jobs have been created in the construction industry since the lowest point of the recession in 2013. CSO figures indicate that industry has hired approximately 1000 people per month in this period. It is expected that 1 in 16 people in the economy will be employed in construction by 2019 as the industry […]
The Rebuilding Ireland Home Loan, a new Government-backed mortgage for first-time buyers, will be available nationwide from local authorities from Thursday, 1 February 2018. The loan can be used both for new and second-hand properties, or to build your own home.
In line with Central Bank rules, a person or couple can borrow up to 90% […]
Three counties have come together to create a low carbon, energy efficient zone which they say will be a unique magnet for internationally-trading companies looking for a near zero emissions European base and access to a major talent pool. Partners from across Carlow, Kilkenny and Wexford involved in the newly-established 3 Counties Energy Agency (3CEA) say the new […]
Kingspan Group plc has announced a $10 million investment in Invicara, a provider of transformative software solutions for the entire ecosystem of the built environment. With this investment, Kingspan has made a definitive commitment to the development of a solution for digitalisation of the construction industry.
Invicara has developed solutions that integrate with Building Information Modelling (BIM) […]
International hotel management company, The PREM Group, are preparing to enter the final phase of a major €6.5 million redevelopment of their latest acquisition, Cahernane House Hotel in Killarney. Purchased by the PREM Group in 2016, Cahernane House Hotel has undergone extensive renovations over the past 18 months in a bid to return the luxury […]
The appointment of McHale Plant Sales as distributors of Komatsu Forest timber harvesting machinery and Terex Ecotec environmental and waste recovery equipment, which includes waste shredders and wood chipping machinery, is one that managing director, Michael McHale says ‘will augur well’ for the Birdhill and Rathcoole-based firm.
Following a highly successful year in which sales volumes […]
Exeter Property Company has appointed contractors for the construction of a new 110,000 sq. ft. state-of-the-art logistics facility at Greenogue Business Park, just minutes from the Naas Road at Rathcoole. On completion, the company expects to employ over 200 people at the facility, whilst over 50 jobs will be created during construction.
“With the absence of […]
The European Investment Bank is to provide a loan of €490 million to support construction of the new children’s hospital in Dublin. This represents the largest ever financial engagement by the European Union’s long-term lending institution in Ireland and the EIB’s first backing for a hospital in the country.
The new children’s hospital project includes two […]
Strabane-based Fabplus is planning to more than double its workforce and turnover with support from Invest Northern Ireland. The investment is part of a three year expansion plan to increase its market share in the Republic of Ireland and Great Britain, and gain a foothold in mainland Europe and Scandinavia.
Recruitment is underway to employ 83 additional staff at […]
Michael McNicholas has been appointed as a Non-Executive Director of Project Management Holdings (PM Group), the Irish headquartered international project delivery specialists.
Michael McNicholas.
Michael has over 35 years’ experience in senior leadership positions in the public and private sectors. He is the former CEO of Ervia, NTR plc and Managing Director of ESB International. During his […]
As construction activity on the much anticipated €233 million Center Parcs Longford Forest resort in County Longford ramps up, the company has announced it has formally awarded two major construction contracts to Dublin-based construction firm John Sisk & Son.
The contracts for the construction of the 470 lodges and 30 apartments as well as the state-of-the-art centre […]
Companies across Ireland are expected to benefit from cheaper financing following a new €200 million initiative agreed by the European Investment Bank and DLL, a global vendor finance company and 100% subsidiary of Rabobank. The new scheme will strengthen leasing and financing for SMEs and mid-cap companies active in agri-business and the food industry, construction, […]
800 of Ireland’s property industry stakeholders; commercial & residential agencies, developers, architects, designers, investment managers and contractors convened at the Convention Centre Dublin recently for the announcement of the winners of the highly contested KPMG Irish Independent Property Industry Excellence Awards. Over 120 shortlisted nominations were judged across 11 categories where the standard of entries […]
Limerick’s economic resurgence has taken another giant step forward as the European Investment Bank (EIB) confirmed a record commitment for an urban Ireland investment programme for the city. EIB will commit to €85million in lending to Limerick City and County Council to be spent on transforming the 1.62 hectare Opera Site in the city centre […]
The redevelopment of Páirc Uí Chaoimh has been voted national Engineering Project of the Year for 2017 at eighth Engineers Ireland Excellence Awards. The regeneration of the stadium, home of Cork City and County GAA activities since it was established in 1898, has resulted in a multi-purpose floodlit bowl-shaped venue that can accommodate a capacity […]
Gyproc, Ireland’s leading manufacturer of plaster and plasterboard and part of the Saint-Gobain group, has today announced the creation of 14 new jobs at its manufacturing facility in Kingscourt, Co. Cavan. The announcement of the new jobs comes as Gyproc moves to a new four shift operation meaning the company now has the capability to […]
The Ireland Chapter of Project Management Institute (PMI) has announced the winners of the inaugural National Project Awards, sponsored by PwC. Derek Tierney of the Department of Finance won Project Professional of the Year at a gala dinner hosted by principal sponsor PwC. Pramerica scooped Project Management Office of the Year and the Royal College of […]
PM Group, the international project delivery company, has reported Group revenue of €336 million, an increase of 13% on 2015. The Group delivered operating profits of €10.6 million for the year ended 31st December 2016, an outcome in line with prior year. Project activity improved year on year, with a 3% increase in underlying fee […]
Initiative Ireland has launched Ireland’s first syndicated property finance platform (www.initiativeireland.ie). The launch coincides with the company’s pre-approval of a €1.5 million secured loan, which has been approved for funding via the platform. The largest crowd-lending loan approved to date in Ireland, the loan will fund the development of 10 social housing apartments and a […]
Abbey Upholsterers Specialist Joinery & Fit Out is expanding its workforce and manufacturing space in Carrickfergus with support from Invest Northern Ireland. To meet the demands driven by new contract opportunities, fifteen new roles will be recruited at Abbey Upholsterers by 2019.
The majority of the roles will be in its production division to support the business in […]
Kingspan, a global leader in high performance insulation, building fabric, and solar integrated building envelopes, has been named for the third year in a row on The Climate ‘A List’ by CDP, the international not-for-profit organisation that measures the environmental impact of thousands of companies around the world. Kingspan is one of only two Irish companies […]
Guaranteed Irish has welcomed measures in Budget 2018 to increase housing supply and support enterprise. However, the organisation cautioned that further measures are needed to adequately stimulate Ireland’s construction sector. Measures welcomed by the business membership organisation included a total allocation of €1.8 billion for housing in Budget 2018, the establishment of Home Building Finance […]
Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy
The Construction Industry Federation (CIF) has stated that the measures announced in Budget 2018 will help address the systemic weaknesses in infrastructure investment.
Tom Parlon, CIF Director General, stated: “The Government has taken significant steps today towards insulating the economy from externals shocks today with the announcement of a 17% increase of €790 million in public […]
Guaranteed Irish has called for a reduction in VAT, the expansion of incentive schemes, and an overhaul of apprenticeships to stimulate the construction industry. The organisation has published recommendations on the steps needed to ensure sustainable construction in Ireland in future years. The recommendations were formulated at a roundtable event attended by Guaranteed Irish construction-industry […]
Enterprise Ireland, in association with the National Paediatric Hospital Development Board, is inviting registration for a ‘Meet the Buyer’ event for the construction of the new children’s hospital. The event will take place at the Royal Hospital Kilmainham from 8am – 12 noon on 25 October 2017 and is free of charge.
This ‘Meet the Buyer’ […]
Kingspan Insulation in North America pulled out all the stops as it marked the commissioning of its new GreenGuard XPS manufacturing line in style with a ribbon cutting ceremony last month. The $25 million expansion at the company’s Winchester plant is part of Kingspan’s growth strategy for the North American market. This facility is in […]
60 companies from across the construction sector attended the Enterprise Ireland Technology Gateways Innovation in Construction conference in Dublin this week. The event focused on the importance of innovation in this pre-Brexit era.
The conference brought together two clusters of Technology Gateways – A-IoT* and EMD Ireland**, providing specialised presentations and industry case studies from Technology Gateways involved […]
Center Parcs was delighted that An Taoiseach Leo Varadkar joined Martin Dalby, CEO of Center Parcs for the recent Official Sod Turning Ceremony, marking the start of construction work on the €233 million development at Center Parcs Longford Forest, Ballymahon, County Longford. The milestone occasion was celebrated with local community, as well as representatives from […]
Ibec has called on Government to oppose and prevent measures under consideration by Dublin City Council to restrict student accommodation. The proposal seeks to provide planning authorities with an additional basis to oppose the building of student accommodation if there is already purpose- built student accommodation within a three square kilometre radius of the planned […]
Eoghan Murphy, Minister for Housing, Planning and Local Government, has approved the construction of 70 rapid delivery houses at three locations in Dublin City. The houses will be built in Cherry Orchard, Ballyfermot (53 units) and in Rathvilly Park (13 units) and Woodbank Drive (4 units), Finglas.
The houses will comprise 39 three bedroom units and […]
Takeda Pharmaceutical Company Limited has announced that a groundbreaking ceremony has been held for its new production facility at the existing Grange Castle site in Ireland. Takeda’s existing footprint at the Grange Castle site will be expanded with the construction of a new standalone, high-containment production facility dedicated to manufacturing its oncology product NINLARO for […]
Construction Information Services (CIS) have just published their Q1 2017 Construction Market Review which provides an analysis of activity in the construction sector for the first quarter of 2017 and a comparative analysis against the corresponding period in 2016.
Key Stats
Over €1.4 billion worth of projects moved on-site in Q1 2017
Value of projects on-site is down […]
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