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  • Tech Companies Continue to Dominate Dublin City Centre Prime Office Market International tech companies continued to dominate the capital’s commercial office market in 2017 and are expected to do so again this year. Analysis from the Lisney report, Lisney 2018, ‘Our View’ highlights the impact these large and rapidly expanding companies are having on the market. Facebook and Google alone are on track to occupy 4% of all [...]...
  • PM Group Acquires UK Specialist Engineering Firm PM Group has announced the acquisition of PROjEN, a 100-person multi-disciplinary engineering firm based in the UK, with offices near Manchester and in Edinburgh. The company has joined PM Group as PM PROjEN. PM PROjEN provides multidisciplinary engineering and project management services in the chemical, petrochemical, advanced manufacturing technology and energy sectors. “The acquisition of PM [...]...
  • House Prices – More Onerous Rules For Non First-time-buyers Exacerbating Supply Issue The very slight moderation in house price inflation in the latest CSO house price data – from 11.6pc in the year to October to 11.3pc in November in Dublin and from 12.8pc to 11.7pc in the rest of the country in the same period, comes as no surprise as housing supply is still a gulf [...]...
  • Residential Property Prices Rise by 11.6% in the Year to November In the year to November, residential property prices at national level increased by 11.6%, according to the CSO’s Residential Property Price Index November 2017 report. This compares with an increase of 11.8% in the year to October and an increase of 9.2% in the twelve months to November 2016. In Dublin, residential property prices increased by [...]...
  • PM Group Appoints Two New Board Directors Project Management Holdings (PM Group), the award-winning international project delivery firm headquartered in Ireland with over 2,200 people worldwide, has announced the appointment of Andy Rayner and Anthony O’Rourke to its Board. Andy Rayner (pictured right) is the Group’s Pharma Sector Director and Chief Technology Officer (CTO). Andy has worked with PM Group since 1989 and has [...]...

Tech Companies Continue to Dominate Dublin City Centre Prime Office Market

  Tech Companies Continue to Dominate Dublin City Centre Prime Office Market

International tech companies continued to dominate the capital’s commercial office market in 2017 and are expected to do so again this year. Analysis from the Lisney report, Lisney 2018, ‘Our View’ highlights the impact these large and rapidly expanding companies are having on the market. Facebook and Google alone are on track to occupy 4% of all […]

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PM Group Acquires UK Specialist Engineering Firm

  PM Group Acquires UK Specialist Engineering Firm

PM Group has announced the acquisition of PROjEN, a 100-person multi-disciplinary engineering firm based in the UK, with offices near Manchester and in Edinburgh. The company has joined PM Group as PM PROjEN. PM PROjEN provides multidisciplinary engineering and project management services in the chemical, petrochemical, advanced manufacturing technology and energy sectors.
“The acquisition of PM […]

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House Prices – More Onerous Rules For Non First-time-buyers Exacerbating Supply Issue

  House Prices – More Onerous Rules For Non First-time-buyers Exacerbating Supply Issue

The very slight moderation in house price inflation in the latest CSO house price data – from 11.6pc in the year to October to 11.3pc in November in Dublin and from 12.8pc to 11.7pc in the rest of the country in the same period, comes as no surprise as housing supply is still a gulf […]

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Residential Property Prices Rise by 11.6% in the Year to November

  Residential Property Prices Rise by 11.6% in the Year to November

In the year to November, residential property prices at national level increased by 11.6%, according to the CSO’s Residential Property Price Index November 2017 report. This compares with an increase of 11.8% in the year to October and an increase of 9.2% in the twelve months to November 2016.
In Dublin, residential property prices increased by […]

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PM Group Appoints Two New Board Directors

  PM Group Appoints Two New Board Directors

Project Management Holdings (PM Group), the award-winning international project delivery firm headquartered in Ireland with over 2,200 people worldwide, has announced the appointment of Andy Rayner and Anthony O’Rourke to its Board.

Andy Rayner (pictured right) is the Group’s Pharma Sector Director and Chief Technology Officer (CTO). Andy has worked with PM Group since 1989 and has […]

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JLL Predicts a Buoyant Year For Ireland’s Hotel Industry

  JLL Predicts a Buoyant Year For Ireland’s Hotel Industry

What does 2018 have in store for the Irish Hotels Market? JLL expects approximately 1,300 new hotel rooms to open in Dublin City, representing a +6.0% increase in current room supply. The first new hotel to open will be the Iveagh Garden Hotel (pictured above), which opens this month on Harcourt Street.
The summer will also see […]

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Final Stage of €6.5 Million Rejuvenation of Cahernane House Hotel

  Final Stage of €6.5 Million Rejuvenation of Cahernane House Hotel

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 […]

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McHale Plant Sales Plans For Growth in 2018

  McHale Plant Sales Plans For Growth in 2018

Following a highly successful year in which sales volumes at the company increased by some 20% on the previous 12 months, McHale Plant Sales sees scope over the next few years for a further 40% growth within the marketplace generally. The company’s recent appointment as distributors of Komatsu Forest timber harvesting machinery and Terex Ecotec environmental […]

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Glenveagh Acquires Additional Sites to Deliver 660 Residential Units

  Glenveagh Acquires Additional Sites to Deliver 660 Residential Units

Glenveagh Properties, a leading Irish housebuilder listed on the Irish and London Stock Exchanges, has completed the acquisition of Brook Lane in Rush, County Dublin. Glenveagh has also signed an unconditional legal contract to acquire a development site at Millennium Park in Naas, County Kildare. These acquisitions have the combined potential to deliver in excess […]

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2018 is Off to a Fresh Start For Speculative Industrial Development in South West Dublin

  2018 is Off to a Fresh Start For Speculative Industrial Development in South West Dublin

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 […]

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Planning Regulations and Planning Process Delays Impacting on Irish Commercial Real Estate Sector

  Planning Regulations and Planning Process Delays Impacting on Irish Commercial Real Estate Sector

The latest Commercial Real Estate (CRE) Sentiment Tracker from Origin Capital, completed by 180 industry professionals, identified industry concerns about the current planning regulations and processes in Ireland and the recent increase in commercial property stamp duty as being among the risks faced within the sector.
Findings on CRE in Ireland generally:

84% believed that planning regulations […]

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Irish Construction Industry Awards 2018

  Irish Construction Industry Awards 2018

The Irish Construction Industry Awards have been officially launched and will take place on May 10 2018 at the Citywest Hotel, Dublin. Launched initially in 2014 to benchmark excellence within Ireland’s construction industry, this year is set to be the biggest yet.
With a broad spectrum of categories for entry, a gala awards ceremony, and nationwide […]

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Largest Ever European Investment Bank Support in Ireland Backs New Children’s Hospital Project

  Largest Ever European Investment Bank Support in Ireland Backs New Children’s Hospital Project

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 […]

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Strabane Manufacturer to Invest Over £7 Million in Ambitious Expansion

  Strabane Manufacturer to Invest Over £7 Million in Ambitious Expansion

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 […]

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Application-Specific Design For New Cat Wheel Material Handlers

  Application-Specific Design For New Cat Wheel Material Handlers

The new range of Cat® wheel material handlers (MH3022, MH3024, MH3026) maintains the Caterpillar purpose-built philosophy for these machines, while reflecting engineering refinements that tailor them more precisely to specific industrial applications. Further improvements for these 2018 models include features that support rapid return-on-investment and enhance overall performance, versatility, and safety.
The design of the new material […]

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PM Group Appoints a New Non-Executive Director

  PM Group Appoints a New Non-Executive Director

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 […]

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Construction of Donabate Distributor Road Commences

  Construction of Donabate Distributor Road Commences

The Minister for Housing, Planning and Local Government, Eoghan Murphy, TD, has launched the Donabate Distributor Road, which is the first LIHAF project under the Rebuilding Ireland programme to reach the construction stage.
The Minister, along with the Mayor of Fingal, Cllr Mary McCamley, and Fingal County Council Chief Executive, Paul Reid, turned the first sod on […]

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Center Parcs Signs Contract With John Sisk & Son

  Center Parcs Signs Contract With John Sisk & Son

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 […]

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Roadmap to Digital Transition For Ireland’s Construction Industry

  Roadmap to Digital Transition For Ireland’s Construction Industry

The National BIM Council has published the first digital strategy for Ireland’s construction industry, titled a ‘Roadmap to Digital Transition’. Over the past 18 months, the council has consulted and researched, both domestically and internationally to offer a vision and direction for the sector that looks to achieve 20% reductions in cost, 20% reductions in […]

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EIB Loan Will Trigger €180 Million Investment Programme in Fingal

  EIB Loan Will Trigger €180 Million Investment Programme in Fingal

Fingal County Council has signed a €70 million Framework Loan Agreement with the European Investment Bank (EIB) which will trigger a €180 million investment in strategic infrastructure projects within the county’s Capital Development Plan. This represents the first EIB support for county-wide investment in partnership with an Irish local authority for more than a decade […]

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Donal McCarthy Appointed New Managing Director Ireland East by John Sisk & Son

  Donal McCarthy Appointed New Managing Director Ireland East by John Sisk & Son

John Sisk & Son Ltd, Ireland’s leading provider of construction services with extensive operations across Ireland, the United Kingdom and mainland Europe, has announced the appointment of Donal McCarthy (pictured) as Managing Director Ireland East effective from January 1st 2018, replacing Paul Hackett. Paul is moving into the role of Director for European Expansion and Government Relations, with […]

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Sisk Announces Winners of Inaugural Supply Chain Awards

  Sisk Announces Winners of Inaugural Supply Chain Awards

John Sisk & Son, Ireland’s leading provider of construction services with extensive operations across Ireland, the United Kingdom and mainland Europe, has announced the winners of its inaugural Supply Chain Awards for 2017. Sisk spent a total of €850 million with its supply chain in 2017 while the construction business also confirmed it has a total […]

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Komatsu Forest Delegation Visits McHale Plant Sales

  Komatsu Forest Delegation Visits McHale Plant Sales

A delegation from Komatsu Forest recently visited the Rathcoole-based headquarters of McHale Plant Sales on Greenogue Industrial Estate in the wake of its appointment to distribute their range of timber harvesting and forwarding machinery in Ireland, north and south. Led by its president and chief executive officer, Mitsuru Ueno, the delegation viewed the company’s facilities and met with staff before […]

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Review Confirms Core Elements of Mortgage Measures Remain Unchanged

  Review Confirms Core Elements of Mortgage Measures Remain Unchanged

The outcome of the annual review of the residential mortgage measures has been published by the Central Bank of Ireland. The review is based on analysis of mortgage lending data in the context of wider housing market developments. The review considered the appropriate setting for the measures in 2018, given the current conditions and the […]

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Ireland Chapter of Project Management Institute Appoints New President

  Ireland Chapter of Project Management Institute Appoints New President

The Ireland Chapter of Project Management Institute (PMI) has appointed Pat Lucey as President at the association’s Annual General Meeting. The Cork-based businessman succeeds out-going Ireland Chapter of PMI President, Niall Murphy, in the two-year voluntary role.
Pat has been on the Board of the Chapter since 2011, with responsibility for membership and sponsorship. CEO of consulting […]

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2017 KPMG Irish Independent Property Industry Excellence Award Winners

  2017 KPMG Irish Independent Property Industry Excellence Award Winners

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 […]

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CField Construction Helps Build Field of Dreams For Down Syndrome Cork

  CField Construction Helps Build Field of Dreams For Down Syndrome Cork

Field of Dreams, an educational and horticultural centre for adults with Down syndrome, was officially opened by Minister Simon Coveney in Cork recently. CField Construction, who engaged in the project as the main contractor on a pro-bono basis, built the centre on the Curraheen Road. The project, pioneered by chairman of Down Syndrome Cork Ray […]

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New Record Set For Dublin Property Market

  New Record Set For Dublin Property Market

Sales at Lansdowne Place, Chartered Land’s luxury residential development in Ballsbridge, have surpassed targets with over €100 million secured from sales to date. The prices achieved equate to over €1,000 per sq. ft. setting new records for the Dublin property market.
The Templeton, which was the first building to come on the market, and The Blake, launched […]

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Keadeen Hotel Unveils New €3 Million Development Works

  Keadeen Hotel Unveils New €3 Million Development Works

The O’Loughlin family run, four-star Keadeen Hotel in Newbridge, Co. Kildare has just completed a €3 million renovation programme which has seen some major works taking place both in and outside the well-known Kildare property. The renovation programme started 18 months ago when a new Honeymoon Suite was created and many of the bedrooms were […]

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McAleer & Rushe Sells Newcastle Hotel Investment For £32.7 Million

  McAleer & Rushe Sells Newcastle Hotel Investment For £32.7 Million

Northern Ireland-based developer and contractor McAleer & Rushe has sold a planned new four-star Maldron Hotel in Newcastle City Centre to UK Commercial Property Trust Limited (UKCPT), which is advised by Standard Life Investments, for £32.7 million on a forward funding basis reflecting a market investment yield of 4.99% on completion.
The six-storey hotel due to be completed in March 2019 by McAleer […]

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