Industry & Business

Development

Softer Rise in Construction Activity Amid Storm Disruption

    Softer Rise in Construction Activity Amid Storm Disruption

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted 50.6 in February, down slightly from 50.9 in January and

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2020 National Construction Summit Postponed Until 22nd October

    2020 National Construction Summit Postponed Until 22nd October

As a result of the uncertainty caused by the ongoing COVID-19 situation, the 6th annual National Construction Summit, which was scheduled to be held on Tuesday, 24th March 2020, will

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Construction Work Commences on New Dublin Railway Station

    Construction Work Commences on New Dublin Railway Station

Construction is now underway on the new Pelletstown Station in West Dublin. The newest station on the Iarnród Éireann network is situated between Ashtown and Broombridge stations and will serve the

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Winners of the Irish Planning Awards 2020

    Winners of the Irish Planning Awards 2020

The Irish Planning Institute (IPI) has announced the winners of the 2020 Planning Awards. Limerick City and County Council’s ‘Living Georgian City Strategy’ project was declared winner of the overall

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National Construction Summit – 24th March 2020 – The National Arena, Sport Ireland Campus in Dublin

    National Construction Summit – 24th March 2020 – The National Arena, Sport Ireland Campus in Dublin

The annual National Construction Summit is being held on Tuesday, 24th March 2020 at a new venue – the National Arena, Sport Ireland Campus in Dublin. Incorporating a number of

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EDF Group Moves into Ireland by Acquiring 50% of the Codling Offshore Wind Project

    EDF Group Moves into Ireland by Acquiring 50% of the Codling Offshore Wind Project

The EDF Group, the international integrated electricity giant, has bought a 50% interest in the Codling offshore wind farm project in Ireland from Hazel Shore. Its subsidiary EDF Renewables, which

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Major Milestone For Premier Inn as it Surpasses 1,000 Hotel Rooms in Ireland and Appoints New Development Manager

    Major Milestone For Premier Inn as it Surpasses 1,000 Hotel Rooms in Ireland and Appoints New Development Manager

Whitbread Plc, the owner of the Premier Inn hotel chain, is continuing to gain momentum in its expansion into Ireland with the announcement of its sixth site and the appointment

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Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

    Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted 50.9 in January, above the 50.0 no-change mark for the

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Initiative Ireland to Expand Operations in Ireland and the UK

    Initiative Ireland to Expand Operations in Ireland and the UK

Initiative Ireland, the property finance and impact investment specialist, has announced that it plans to expand operations to fund the construction of  additional energy efficient, social and affordable houses across

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Hotel Outlook 2020

    Hotel Outlook 2020

Despite headwinds in terms of a higher VAT rate and Brexit uncertainty, the Irish hotel real estate market performed solidly in 2019, with more hotel supply expected to open in

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Galway is a European Capital of Culture For 2020

    Galway is a European Capital of Culture For 2020

Galway and Rijeka in Croatia will hold the title of European Capital of Culture for one year. Galway is the third city in Ireland to hold the European Capital of

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Residential Prices in Dublin Will Grow by Maximum of 5% While New ‘Near Zero Energy Buildings’ Regulations Will Impact Construction Costs

    Residential Prices in Dublin Will Grow by Maximum of 5% While New ‘Near Zero Energy Buildings’ Regulations Will Impact Construction Costs

Uncertainty stemming from global events will be the key aspect of the Irish property investment market in 2020, according to new figures released by Lisney, Ireland’s largest independently-owned property advisory

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Planning Application Submitted For Waterford North Quays Development

    Planning Application Submitted For Waterford North Quays Development

Falcon Real Estate Development Ireland has submitted its application for Planning Permission to Waterford City & County Council for the Waterford North Quays development. Subject to the granting of planning permission,

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EIB Backs €35 Million Social and Climate Investment Across Cork County

    EIB Backs €35 Million Social and Climate Investment Across Cork County

The European Investment Bank has signed a €35 million loan agreement with Cork County Council to support the Council’s Social Sustainability Investment Programme. This represents the first element of an

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€20 Million Investment By JCD Group Boosts Blarney Business Park

    €20 Million Investment By JCD Group Boosts Blarney Business Park

The new owners of Blarney Business Park, JCD Group, have committed to a €10 million investment in the strategically important site, which will see the next two phases delivered in

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Lidl Opens New €100 Million Distribution Centre

    Lidl Opens New €100 Million Distribution Centre

Lidl has opened its new €100 million Distribution Centre in Newbridge, County Kildare. The state-of-the-art facility, which represents the single largest investment made by Lidl in Ireland since 2000, is

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£3 Million Development to Boost Tourism in Castlewellan

    £3 Million Development to Boost Tourism in Castlewellan

County Down retail company, Fresh Food Centres, is investing over £3 million to redevelop a former Castlewellan Guest House into a four-star Licensed Guest Inn. Once built, Hillyard House will

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Planning Application Lodged For Major Cork City Centre Residential Development

    Planning Application Lodged For Major Cork City Centre Residential Development

JCD Group has formally lodged its planning application with An Bord Pleanála to construct a large-scale residential ‘build to rent’ scheme in Cork’s docklands in response to the severe shortage

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Dramatic Changes For First-time House Buyers Not a Good Trend

    Dramatic Changes For First-time House Buyers Not a Good Trend

The most recent Central Bank Household Credit Market Report reveals the very dramatic changes underway, particularly for first-time buyers (FTBs), according to Brokers Ireland, which represents 1,250 broker firms throughout

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Quintain Launches Irish Subsidiary to Develop More Than 9,000 Homes

    Quintain Launches Irish Subsidiary to Develop More Than 9,000 Homes

Quintain, the London-based developer, has established a subsidiary in Ireland with plans to develop more than 9,000 new homes and 600,000 sq ft of commercial space. The newly incorporated business,

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New CEO at Ronan Group Real Estate

    New CEO at Ronan Group Real Estate

Ronan Group Real Estate has announced the appointment of Rory Williams (pictured) as its new CEO. In his new role, Rory Williams will, under the guidance of Ronan Group’s founder

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Maynooth University Receives €25 Million Capital Grant From Government For New ‘Technology Society and Innovation Project’

    Maynooth University Receives €25 Million Capital Grant From Government For New ‘Technology Society and Innovation Project’

Maynooth University has welcomed a capital grant of €25 million from Government for a major new building project to support the University’s rapidly growing student population. The €25 million contribution

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Plans For Revamping Disused Buildings, a New Town Square, and a Cultural Corridor Announced

    Plans For Revamping Disused Buildings, a New Town Square, and a Cultural Corridor Announced

Re-purposing disused buildings, a revamped town square and a new cultural corridor are just three of the six projects which form part of a community-led architecture and design programme, ‘Reimagine…’,

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Affordability and Uncertainty Push Irish Property Price Inflation Lower

    Affordability and Uncertainty Push Irish Property Price Inflation Lower

Irish house price inflation eased further to 2.0% in June from 2.6% in July. The annual increase in June is the slowest

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€100 Million Redevelopment of Former Home of Smithwick’s Brewery in Kilkenny Commences

    €100 Million Redevelopment of Former Home of Smithwick’s Brewery in Kilkenny Commences

Mythen Construction has broken ground on the prestigious new development at Abbey Quarter in the centre of Kilkenny. The breaking

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Plans Unveiled For Custom House Quay Development in Cork

    Plans Unveiled For Custom House Quay Development in Cork

Development management firm Tower Holdings Group has released details for the redevelopment and revitalisation of the historic Custom House Quay

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Tourism Boost For Northern Ireland as Ballycastle Gains New Four Star Hotel

    Tourism Boost For Northern Ireland as Ballycastle Gains New Four Star Hotel

A new four star hotel, The Salthouse, is to open on the Dunamallaght Road in Ballycastle, just in time for

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Belfast Harbour Awards Largest Ever Contract to Local Construction Company

    Belfast Harbour Awards Largest Ever Contract to Local Construction Company

At £50 million, City Quays 3, which will accommodate 1,800 people, represents Belfast Harbour’s largest development project to date and

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Dublin City Council Approves First Climate Change Action Plan

    Dublin City Council Approves First Climate Change Action Plan

Dublin City Council’s elected members have approved the Climate Change Action Plan 2019-2024. Climate change poses significant risks and challenges

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€600 Million of Investment in Irish Property in Q1 2019

    €600 Million of Investment in Irish Property in Q1 2019

Latest research from JLL, which tracks national investment deals greater than €1 million, indicates that total volumes for Ireland’s investment

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Key Advisor Line-up For Waterford North Quays and Michael Street Development Projects

    Key Advisor Line-up For Waterford North Quays and Michael Street Development Projects

Falcon Real Estate Development Ireland, the company that is backing the Waterford North Quays and Michael Street development projects, has

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Irish Builders Face Cost Hikes in UK Materials

    Irish Builders Face Cost Hikes in UK Materials

The vast majority of building materials used in the Irish construction sector are either sourced in the UK or enter

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Chronic Under-investment in Regional Infrastructure Placing Economic Growth at Risk

    Chronic Under-investment in Regional Infrastructure Placing Economic Growth at Risk

Over 300 delegates attended the recent Ireland Chapter of Project Management Institute’s (PMI) sold-out annual national conference in Cork. The

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Guinness Enterprise Centre Announces €10 Million Expansion For Dublin

    Guinness Enterprise Centre Announces €10 Million Expansion For Dublin

The Guinness Enterprise Centre has unveiled an ambitious development plan for its landmark building on Taylor’s Lane in Dublin 8.

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Launch of 182,500 sq ft Seamark Building Marks Completion of Dublin 4 Redevelopment Project

    Launch of 182,500 sq ft Seamark Building Marks Completion of Dublin 4 Redevelopment Project

Chartered Land has announced that the major €45 million transformation of the eight storey 182,500 sq ft Seamark Building at

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‘Clerys Quarter’ to Regenerate Dublin’s O’Connell Street

    ‘Clerys Quarter’ to Regenerate Dublin’s O’Connell Street

Europa Capital, the pan-European investment manager, and its local partners, Core Capital and Oakmount, have launched ‘Clerys Quarter’, one of

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Highest Number Ever Employed in Multinational Sector

    Highest Number Ever Employed in Multinational Sector

IDA Ireland, which is responsible for attracting foreign direct investment (FDI) to the county, has announced that employment levels in

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The Digital Hub to Progress Plans For Digital Technology Quarter During 2019

    The Digital Hub to Progress Plans For Digital Technology Quarter During 2019

The Digital Hub, Ireland’s largest and most established cluster of technology, digital media and internet companies, sees 2019 as a

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Planning Permission For Irish Whiskey Development in Westmeath

    Planning Permission For Irish Whiskey Development in Westmeath

The Irish Whiskey Association (IWA) has welcomed the decision by An Bord Pleanála to grant planning permission, on appeal, for the development

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Fáilte Ireland Calls For Investment in Hotels Across Key Cities

    Fáilte Ireland Calls For Investment in Hotels Across Key Cities

Fáilte Ireland has highlighted major investment opportunities in hotel stock in key cities. Its latest report on the current and

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PropertyBridges.com Successfully Completes First Ever Peer to Peer Property Loan in Ireland

    PropertyBridges.com Successfully Completes First Ever Peer to Peer Property Loan in Ireland

Propertybridges.com, Ireland’s new peer to peer lender to the property development marketplace, has just successfully fulfilled its first loan. Over

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Property Bridges Launches Ireland’s First Peer to Peer Property Loans

    Property Bridges Launches Ireland’s First Peer to Peer Property Loans

PropertyBridges.com – a new Irish owned peer to peer property development company – has opened for business and has launched

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ISME Expresses Concern With Lowest Price Bid Tendering

    ISME Expresses Concern With Lowest Price Bid Tendering

Following the award of school building contracts to Western Building Services after fire defects had been identified, ISME, the Irish SME

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Whitbread Secures First Premier Inn Hotel in Dublin City Centre as it Expands in Ireland

    Whitbread Secures First Premier Inn Hotel in Dublin City Centre as it Expands in Ireland

Whitbread, the owner of the Premier Inn hotel chain, has secured planning permission for a 97 -bedroom Premier Inn hotel

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New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

    New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

NovaUCD, the University’s Centre for New Ventures and Entrepreneurs, is set to expand its capacity to house early-stage start-ups by over

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Northern Ireland Housing Market Continues to Perform Strongly

    Northern Ireland Housing Market Continues to Perform Strongly

The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable

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Call For Reduction in Stamp Duty For First-time Buyers

    Call For Reduction in Stamp Duty For First-time Buyers

A call for stamp duty to revert to 2pc to enable more aspiring first-time buyers acquire once off sites to

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Dublin’s First Major Cost Rental Development

    Dublin’s First Major Cost Rental Development

A Dublin City Council-owned site at Emmet Road in Inchicore, has been selected as the location for Dublin’s first major

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Jobs.ie Survey Reveals that Almost Half of Dublin-based Workers Would Leave the Capital For Shorter Commuting Times

    Jobs.ie Survey Reveals that Almost Half of Dublin-based Workers Would Leave the Capital For Shorter Commuting Times

A new survey of employees conducted by Jobs.ie reveals employees’ strong desire for greater flexibility on when and where they

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Grand Canal Innovation District Planned For Dublin

    Grand Canal Innovation District Planned For Dublin

A far-reaching plan for the creation of the Grand Canal Innovation District in Dublin has been launched. The proposal from

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First Phase of the Regeneration of O’Devaney Gardens Gets Underway in Dublin

    First Phase of the Regeneration of O’Devaney Gardens Gets Underway in Dublin

Eoghan Murphy TD, Minister for Housing, Planning & Local Government; Paschal Donohoe TD, Minister for Finance, Public Expenditure & Reform;

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Home For Life is a New Participant in the Mortgage to Rent Scheme

    Home For Life is a New Participant in the Mortgage to Rent Scheme

The Government has welcomed Home For Life Ltd as a new participant in the Mortgage to Rent [MTR] scheme, where

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Public Consultation For Ireland’s Space Strategy For Enterprise

    Public Consultation For Ireland’s Space Strategy For Enterprise

Minister of State for Training, Skills, Innovation, Research and Development, John Halligan TD, has published a consultation document for Ireland’s

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EIB Backs €80 Million Port of Cork Container Terminal Development

    EIB Backs €80 Million Port of Cork Container Terminal Development

The Port of Cork has marked a major milestone for the company with the launch of the new Cork Container

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IDA Reports Strong First Half

    IDA Reports Strong First Half

IDA Ireland, the inward investment agency of the Irish Government, has reported a very strong first half of 2018. IDA

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Housing Market Failing Younger Generations, Says First Woman President of IPAV

    Housing Market Failing Younger Generations, Says First Woman President of IPAV

The current housing market is failing our younger generations, according to Ella Dunphy (pictured) of DNG, who recently became the

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2018 RIAI Architecture Awards Winners

    2018 RIAI Architecture Awards Winners

The Royal Institute of the Architects of Ireland (RIAI) has announced the winners of 2018 RIAI Architecture Awards. The awards, held recently

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The KPMG Irish Independent Property Industry Excellence Awards 2018 Launched

    The KPMG Irish Independent Property Industry Excellence Awards 2018 Launched

The KPMG Irish Independent Property Industry Excellence Awards 2018, which serve as a beacon for excellence in the Irish property

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