The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable levels of house price growth over the last 12 months in Northern Ireland. Ulster University’s research is produced in partnership with the Northern Ireland Housing Executive and Progressive Building Society.
Analysing the performance of the Northern […]
U+I, the specialist regeneration and property developer, has commenced construction activity on the Ballymoss House site in Sandyford, in partnership with local contractor Collen Construction. The site which will be rebranded as THE HIVE over the course of its development, will see over 73,000 sq. ft. of office space being re-imagined, with 117 parking spaces and […]
A call for stamp duty to revert to 2pc to enable more aspiring first-time buyers acquire once off sites to build homes has been called for by IPAV, the Institute of Professional Auctioneers & Valuers, which says last year’s hike from 2pc to 6pc is adversely affecting the cost of a new house for first-time buyers. Launching its […]
Dublin has been selected to host the 2019 Global DIY Summit following a competitive process which included bids from a number of key convention destinations including Rome and Amsterdam. The event, which will take place over the course of two days in the Convention Centre Dublin next June, is expected to generate up to €5 […]
CRH plc has completed the first phase of its share buyback programme, returning €350 million of cash to shareholders.
Between 2 May and 31 July 2018, 11.4 million ordinary shares were repurchased on the London Stock Exchange at an average discount of 0.5% to the volume weighted average price over the period. Details relating to subsequent […]
Glenveagh Properties has announced a further substantial land acquisition in the Greater Dublin Area (GDA) capable of delivering over 1,250 units. The Irish homebuilder has exchanged contracts to acquire a c.113 hectare site (39 hectares of which are zoned residential) in Tyrrelstown, Dublin 15 which has the potential to deliver over 1,250 residential units. The acquisition, which […]
In the year to May, residential property prices at national level increased by 12.4%, according to the CSO. This compares with an increase of 13.5% in the year to April and an increase of 10.9% in the twelve months to May 2017.
In Dublin, residential property prices increased by 10.7% in the year to May. Dublin […]
Over the past 5 years, Irish owned engineering consultancy, Gavin and Doherty Geosolutions (GDG), have worked on a range of interesting projects across the globe. GDG is a specialist firm focused on the delivery of infrastructure projects involving complex and challenging ground conditions. From their head office in Dublin and supported by regional offices throughout […]
Over 200 building professionals, including architects, specifiers, builders, plumbers, engineers and researchers, gathered at SEAI’s second Annual Deep Retrofit Conference in the Aviva in Dublin. The conference brought together building energy efficiency experts from Ireland and Europe to discuss solutions to upgrading Ireland’s homes.
As many as one million homes built in the last century are considered […]
The Irish Concrete Society are now seeking entries to the 37th Annual Awards. Established in 1979, the awards recognise excellence in the use of concrete, irrespective of type, scale or complexity. A coveted award scheme, adjudicated by an distinguished independent jury, these awards acknowledge construction achievements in which concrete, in any form, contributes significantly to […]
A Dublin City Council-owned site at Emmet Road in Inchicore, has been selected as the location for Dublin’s first major Cost Rental development. It is expected that the detailed proposal for the site will be brought before the Council in September for approval.
It is envisaged that delivery will be overseen by a dedicated project team […]
L&M Keating are the first construction company to successfully achieve accreditation for their commitment to employee wellness, safety and health by being awarded The KeepWell Mark by Ibec, Ireland’s largest and most influential business representation organisation.
The KeepWell Mark is a new national accreditation developed by Ibec that recognises organisations who put the wellbeing of employees […]
Heiton Buckley, Ireland’s leading supplier of doors, floors, bathrooms, garden, plumbing and heating products, has officially unveiled its newly refurbished branch in Castlebar, County Mayo. GAA star, Andy Moran, CEO of Grafton Merchanting ROI, Patrick Atkinson, Heiton Buckley Castlebar Branch Manager, Mick Kane, and longtime customer Mick Duane officially cut the ribbon and kicked off the […]
CRH plc, the global building materials group, has completed the divestment of its DIY business in the Netherlands and Belgium, together with certain related property assets, to Intergamma, the Dutch DIY franchise organisation, and a US real estate investor for a total consideration of €510 million.
The disposal follows a strategic review of CRH’s Europe Distribution […]
A far-reaching plan for the creation of the Grand Canal Innovation District in Dublin has been launched. The proposal from Trinity College Dublin is modelled on innovation districts in cities such as Boston, Toronto, Rotterdam and Barcelona. It will significantly strengthen Ireland’s competitive advantage when developing new indigenous companies or competing for foreign direct investment. […]
The combined turnover of Ireland’s top construction firms has increased by €720 million on last year according to Construction Magazine’s annual Top 50 CIF Contractors listing for 2018. The annual listing gives a snapshot of the overall growth in Irish construction as it delivers many larges cale projects throughout Ireland and the world, attracting foreign […]
Brooks, one of Ireland’s longest established timber distributors and builders merchants, will reduce their lighting costs by over €91,000 per annum by switching to energy efficient LED lighting. This will be a nearly 70% reduction in energy costs. eLight, the LED lighting experts, installed over 1400 new lighting products in Brooks 7 stores nationwide. These […]
TINE Ireland, a subsidiary of the Norwegian dairy co-operative TINE, has awarded the construction of a new Jarlsberg® cheese production facility and administration building at Mogeely, County Cork, to BAM Ireland. The contract value is more than €25 million. TINE is Norway’s largest producer, distributor and exporter of dairy products with 11,400 members (owners) and […]
The new UK Government hub planned for New Waverley in the heart of Edinburgh’s Old Town, which is being constructed by Northern Ireland-based design and build company McAleer & Rushe, has reached a significant milestone with the official ‘Topping Out’ of the office scheme. The project which is transforming a UNESCO Heritage site, in one […]
Entries for the Ireland Chapter of Project Management Institute’s (PMI) National Project Awards, sponsored by PwC, are open. Over 120 applicants entered the awards last year, which celebrate the country’s leading project managers and teams and their forward-thinking projects. This year the Awards recognise the importance of community-led non-profit projects with the introduction of a new […]
International hotel management company PREM Group has secured the purchase of the well-known Aspect Hotel in Kilkenny. The Irish owned hotel management and hospitality group has strengthened its growing property portfolio by acquiring the property which it has been leasing and running since it opened in 2006. The 80-bedroom hotel is located just five minutes’ […]
The Government has welcomed Home For Life Ltd as a new participant in the Mortgage to Rent [MTR] scheme, where they will work in tandem with local authorities as landlords providing a long term solution for those in mortgage distress. The announcement coincides with the launch by the Department of Housing Planning and Local Government […]
Eoghan Murphy TD, Minister for Housing, Planning & Local Government; Paschal Donohoe TD, Minister for Finance, Public Expenditure & Reform; and Lord Mayor of Dublin, Nial Ring have turned the sod for the development of the first phase in the Regeneration of O’Devaney Gardens in Dublin. The first phase will deliver 56 social homes with […]
The National Construction Expo, which is being held in the Arena MK at Milton Keynes on Tuesday, 18th September 2018, is expected to attract over 2,000 visitors. The purpose of the National Construction Expo is to stimulate debate, enrich knowledge and connect stakeholders involved in the finance, design, construction and management of UK buildings, infrastructure […]
Heiton Buckley, Ireland’s leading supplier of doors, floors, bathrooms, garden, plumbing and heating products, has officially unveiled its newly refurbished Monaghan branch. Located in Milltown, the branch was originally opened in November 1984 as Pattons of Monaghan and was owned and operated by David Patton before being acquired by Heiton Buckley on the 14th of October 1996. […]
The latest JLL Global Real Estate Transparency Index (GRETI) shows that Ireland’s property market ranks within the most ‘highly transparent’ markets in the world. Ireland is ranked 9th globally, in terms of the most transparent countries.
The index which is published biennially, measures transparency in 158 metropolitan areas, across 186 unique indicators. This year’s survey saw a […]
PM Summit, Ireland’s most diverse conference for project, programme and portfolio management professionals, has announced the results of a new survey which reveals that failed projects cost Irish companies on average €580,000. The research, which involved 407 project management professionals in Ireland from a broad range of sectors and was carried out with the assistance […]
The Construction Industry Federation (CIF) and the Construction Worker’s Pension Scheme (CWPS) have honoured Paul Fogarty, who recently celebrated his 100th birthday. Mr Fogarty was honoured for his outstanding contribution to the construction industry and his beloved trade of carpentry, throughout the last century.
Dominic Doheny, CIF President, presented Mr Fogarty with a copy of Photographer […]
John Sisk & Son (Sisk), the innovative, engineering and construction company with extensive operations across Ireland, the United Kingdom and mainland Europe, has reported a strong outcome for its 2017 financial year in both profitability and business development.
Although turnover decreased by 5% to €792.2 million for the year ended 31 December 2017, pre-tax profit increased […]
Although the latest CSO figures indicate that employment is up 2.9% annually in the first quarter of 2018, Property Industry Ireland, the Ibec group that represents businesses operating in the property sector, has said that the growth in overall employment numbers masks the situation of the construction sector.
The new CSO projections suggest that over 840,000 […]
