Responding to the latest CSO house price figures indicating a continuing slowing in the rate of house price increases, 5.8pc in Dublin in the year to September and 10.8pc in the Rest of Ireland, Brokers Ireland pointed to a growing gap between repaying a mortgage on a home and paying rent on a similar home.
Rachel […]
Breaking News
- Stark and Growing Gap Between Mortgage and Rent Responding to the latest CSO house price figures indicating a continuing slowing in the rate of house price increases, 5.8pc in Dublin in the year to September and 10.8pc in the Rest of Ireland, Brokers Ireland pointed to a growing gap between repaying a mortgage on a home and paying rent on a similar home. Rachel [...]...
- Residential Property Prices Rise by 8.2% in the Year to September In the year to September, residential property prices at national level increased by 8.2%, according to the CSO. This compares with an increase of 8.9% in the year to August and an increase of 12.0% in the twelve months to September 2017. In Dublin, residential property prices increased by 5.8% in the year to September. Dublin [...]...
- Grafton Merchanting Joins the Irish Green Building Council Grafton Merchanting, Ireland’s leading building merchanting company has announced that it has joined the Irish Green Building Council (IGBC). The move forms part of Grafton Merchanting’s ongoing commitment to sustainability at a national and local level. Grafton Merchanting is the first reseller to join the IGBC which was set up in 2011 to create a [...]...
- 70% Believe Irish Government Not Doing a Sufficient Job in Easing the Housing Crisis The findings of a nationally representative survey recently conducted by iReach highlight the pessimism of Irish people about the current state of housing and homelessness. The results also demonstrate a lack of faith from the public in the Government’s approach to the issue. 66% of people were not confident that Minister for Housing Eoghan Murphy’s most [...]...
- 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 100 lenders piled into the 250k loan for a new mews build in Sandycove, County Dublin and supported the small developer as well as made 8.5% return for themselves. The whole process took less than [...]...
In the year to September, residential property prices at national level increased by 8.2%, according to the CSO. This compares with an increase of 8.9% in the year to August and an increase of 12.0% in the twelve months to September 2017.
In Dublin, residential property prices increased by 5.8% in the year to September. Dublin […]
Grafton Merchanting, Ireland’s leading building merchanting company has announced that it has joined the Irish Green Building Council (IGBC). The move forms part of Grafton Merchanting’s ongoing commitment to sustainability at a national and local level. Grafton Merchanting is the first reseller to join the IGBC which was set up in 2011 to create a […]
The findings of a nationally representative survey recently conducted by iReach highlight the pessimism of Irish people about the current state of housing and homelessness. The results also demonstrate a lack of faith from the public in the Government’s approach to the issue.
66% of people were not confident that Minister for Housing Eoghan Murphy’s most […]
Propertybridges.com, Ireland’s new peer to peer lender to the property development marketplace, has just successfully fulfilled its first loan. Over 100 lenders piled into the 250k loan for a new mews build in Sandycove, County Dublin and supported the small developer as well as made 8.5% return for themselves. The whole process took less than […]
Following the landmark sale of his materials business to Breedon plc in April 2018, Kevin Lagan has outlined his plans for the targeted and sustainable growth of his retained companies, Lagan Homes, FastHouse and a new investment arm, Lagan Investments. Kevin, who has been the driving force behind one of Ireland’s most successful construction and […]
Leading building and civil engineering contractor John Paul Construction has achieved Building Information Modelling (BIM) Level 2 Certification for Design and Construction from the British Standards Institution (BSI). The BSI BIM level 2 certification is highly sought after in Ireland and the UK and is the premier kite-mark in the construction industry. This demonstrates that […]
Oaklee Housing’s newest €11 million turnkey development in Stormanstown House, Dublin, has been officially opened, further reducing the social housing waiting list. The €11million development completed in early October is part funded through a combination of funds from the Capital Advance Leasing Facility (CALF) (30%) and private finance from the Housing Finance Agency (70%). The […]
Flynn, one of Ireland’s leading contractors and fit out specialists, is adding 50 new jobs to its current workforce over the next two years. This will bring its headcount to a total of over 200 by 2021.
These jobs will be based across its Irish operations and in the company’s London office. The new roles will […]
Sisk Living, the housing division of construction company John Sisk & Son, has formally handed over a development of 90 homes at Sheehy Skeffington Meadows in Tallaght to the client South Dublin County Council. The new homes, which will be used for social housing, were built as part of a design and build contract worth […]
Funded by the Government of Ireland, the Sustainable Energy Authority of Ireland (SEAI) has announced the winners of its Sustainable Energy Awards. The Rediscovery Centre in Ballymun, Dublin received the Buildings Award. The Awards reward excellence in energy management in businesses, communities and public sector organisations.
The Rediscovery Centre is a creative space in Ballymun connecting […]
daa has awarded the main construction contract for Dublin Airport’s new North Runway to a joint venture comprising Irish firm Roadbridge and Spanish infrastructure company FCC Construcción (FCC). The contract is for the design and construction of the new 3.1 km North Runway at Dublin Airport. Mobilisation and preparatory site works will begin immediately, and […]
PropertyBridges.com – a new Irish owned peer to peer property development company – has opened for business and has launched Ireland’s first peer to peer property development investment opportunity. The PropertyBridges.com platform will raise money for small developers, small construction companies and private companies looking to develop housing and match them with thousands of lenders […]
Efectis is establishing a new business in Northern Ireland, offering fire testing services to UK and Ireland based manufacturing businesses who are servicing the construction sector. Seven new roles will be created as part of Efectis’ investment, which is locating at Ulster University’s Fire Safety Engineering Research and Technology Centre in Jordanstown.
Welcoming the investment, Invest Northern Ireland’s […]
Following a detailed master planning and competitive tender process, South Dublin County Council has now agreed on the joint venture development of 975 homes on 72 acres of council lands at Kilcarbery in Clondalkin, Dublin 22. The mixed tenure development which will include 294 social housing units (30% of the development) is the first of […]
CRH plc, the global building materials group, has completed the second phase of its share buyback programme, returning a further €350 million of cash to shareholders. Between 29 August and 18 October 2018, 12.5 million ordinary shares were repurchased on the London Stock Exchange and Euronext Dublin at an average discount of 1.3% to the […]
Following the award of school building contracts to Western Building Services after fire defects had been identified, ISME, the Irish SME association, has expressed concern with how public works contracts are granted to the lowest cost tenderers.
Commenting on Western Building Services investigation, ISME Vice Chair Ross McCarthy noted: “While we do not know the details surrounding structural safety […]
ESB Networks and Ireland’s other major utilities, Gas Networks Ireland, Irish Water and Eir have joined forces with a new ‘dial before you dig’ campaign that encourages construction workers to contact utility owners to check the location of underground services before breaking ground. ESB Networks has also published a new guidebook for safe construction practices […]
Phase 2 of the Society of St Vincent De Paul (SVP) St Benedict’s Housing Scheme at Estuary Road, Malahide, County Dublin has been officially opened by Eoghan Murphy TD, Minister for Housing, Planning & Local Government. St Benedict’s Phase 2 scheme provides an additional 8 x 1 bed units of accommodation for the elderly to the Society’s […]
PropertyBridges.com, Ireland’s new ‘peer to peer’ property platform, has officially been launched. The platform will raise money for small developers, small construction companies and private companies looking to develop housing and match them with thousands of lenders from the ordinary citizens of Ireland.
The business is being run by David Jelly (pictured left), Michael Fitzpatrick and Marc […]
Fingal County Council, as part of its commitment to increasing the supply of private and public housing in the County and creating sustainable communities, has commenced procurement for the development of a site at Ballymastone, Donabate, Countyy Dublin. This is the next step in an ongoing process and follows on from the Market Soundings which […]
Ardmac, the leading international construction specialist, has appointed Sarah McDonnell as Head of Interiors. Ardmac employs over 300 people across Ireland, the UK and Europe, and provides specialist construction services to the commercial fit out, life sciences and data centre sectors.
In her role, Sarah will be responsible for the management of Ardmac’s interior and fit […]
A European survey conducted by the Construction Industry Training Board (CITB NI), as part of a Belfast Met-led EU Horizon 2020 BIM (Building Information Modelling) programme known as BIMcert, has shown that two thirds of construction companies are planning to implement BIM within the next 3 years, highlighting the increasing need for companies to adopt and […]
Teaching, research and student accommodation at Trinity College Dublin will be transformed over the next two years with the backing of a €100 million long-term European Investment Bank (EIB) loan for four capital developments across the campus.
This will include the flagship E3-Engineering, Environment and Emerging Technologies initiative at Trinity. Central to the vision of E3 […]
Garage Doors in Ballymena is recruiting 17 additional staff to help deliver growing sales across Great Britain. The family business is a leading manufacturer of bespoke garage doors and is expecting its sales to grow by 50 per cent over the next three years due to a buoyant UK construction sector.
Speaking about the investment, Peter […]
Fingal County Council has approved the drawdown of an €8 million loan from the European Investment Bank (EIB) as it prepares to roll out its ambitious €588 million Capital Programme over the next three years. Last December. Fingal County Council signed an historic agreement with the EIB to secure a €70 million loan facility to support […]
Kingspan Group, a global leader in high performance insulation, building fabric, and solar integrated building envelopes, has joined over 370 companies worldwide in committing to the Science Based Targets Initiative (SBTi) to reduce greenhouse gas (GHG) emissions. The initiative is a partnership between the World Resource Institute, the World Wildlife Fund, CDP (formerly the Carbon […]
Two-thirds (67%) of Irish adults are planning on renovating or redecorating their homes within the next 12 months, according to a survey carried out behalf of Hardware Association Ireland, supporting the association’s call for the Government to expend the Home Renovation Incentive Scheme.
Of those planning work, almost one-third (31%) expect to spend more than €5,000 […]
Property Industry Ireland (PII), the Ibec group for businesses working in the property sector, has welcomed the housing measures in Budget 2019 as positive but maintains that much more needs to be done. Dr David Duffy, Director, Property Industry Ireland (PII), commented: “The increase in spending on social housing is welcome but the emphasis must […]
The CIF has welcomed the €2.3 billion housing package and the 24% increase in capital infrastructure funding announced by the Government in the recent Budget. However, the CIF has expressed disappointment that there was no clarity in relation to an extension of the Help to Buy scheme which is due to expire in December 2019.
Director […]
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