Bank says money will finance 3,000 new units AIB is launching a new €500 million fund to back the development of up to 3,000 social houses. It is a follow-on from
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AIB announced on Tuesday, November 22, that it had approved over €300 million in loans to the hotel sector in 2016. AIB’s Head of Hospitality Owen Travers said that the
The Government has launched the Built Heritage Investment Scheme (BHIS) and the Historic Structures Fund (HSF) for 2024. The total funding of €9 million across the two schemes is expected to support repair
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
Pearl Property Managers Ltd has launched a new €50 million Residential Equity Fund which will provide equity investment for residential projects throughout the Republic of Ireland with a focus on
The expansion of Ireland’s state airports has been revealed as Ireland’s most influential project over the past 50 years at the Ireland Chapter of Project Management Institute’s (PMI) National Project Awards,
The Ireland Chapter of Project Management Institute (PMI) has revealed its shortlist of contenders for this year’s National Project Awards, held in partnership with PwC. From developing state-of-the-art automated solutions
The Westin Dublin, a luxury five star hotel in the heart of Dublin city centre, has unveiled an elegant multi-million euro redesign and expansion, utilizing space that was once part
Ireland’s fastest growing Approved Housing Body plans to capitalise on the current ‘lower for longer’ interest rate environment to accelerate its planned delivery programme of 2,000 social homes by end 2022. Tuath Housing Association currently manages 5,000 social homes across Ireland with plans to scale to 7,000 homes in the next three years. The Housing Finance
The Royal Institute of the Architects of Ireland has called upon the Government to use Budget 2020 to address serious social issues including the on-going housing crisis, Ireland’s response to
Energia Group, one of Ireland’s leading energy providers and infrastructure investors, has agreed a €44 million debt finance package with Allied Irish Bank plc for its bioenergy plant currently being completed
NovaUCD, the University’s Centre for New Ventures and Entrepreneurs, is set to expand its capacity to house early-stage start-ups by over 50% with a €6.5 million development project. The project to
The Port of Cork has marked a major milestone for the company with the launch of the new Cork Container Terminal development in Ringaskiddy. The Cork Container Terminal will initially
ESB and Bord na Móna have announce that financial close has been reached on the €160 million Oweninny project in North County Mayo. The project will be financed with long-term debt
Irish law firm A&L Goodbody is adding to its construction team in Dublin with the appointment of Conor Owens as a new partner. The construction industry has seen a surge
NTR has announced that it has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling a Euro equivalent of €66.5 million. Two of the
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
Prime office rents in Dublin city centre should peak at €65 per sq. ft. (€700 p.s.m) next year, as new supply of space coming on stream brings the market back
Greencoat Renewables plc, an Irish renewable energy company, has raised €270 million through its initial public offering (IPO) on the Irish Stock Exchange’s (ISE) Enterprise Securities Market (ESM). Greencoat Renewables’ objective
Ursuline Secondary School from Thurles in Co Tipperary has been named the winner of this year’s Sustainable Energy Authority of Ireland’s (SEAI) One Good Idea competition for their campaign ‘Wattaware’.
Investec reports that the Irish Exchequer Returns, which was just published by the Department of Finance (DoF) display a healthy position, with the Exchequer in surplus to the tune of €862m in the first seven months of the year, in comparison to a deficit of €648m in the same period of 2015.
ESB NovusModus, ESB’s clean tech fund, is to invest €3.3 million in Endeco Technologies which is part of a growing portfolio of investments. This investment and ongoing partnership will enable
For the Dublin City Council the way could soon be plain to give developer Johnny Ronan planning approval for a €200m office block development at Ballsbridge. The council elevated only
Limerick Institute of Technology (LIT) will create 100 new jobs following confirmation that it is to open a “game-changing” new
Developer Johnny Ronan has bought a prime 3.7-acre site in Dublin 4and plans to redevelop it as part of a
A large parcel of land designated for the third and final phase of the highly successful shopping and business facility
It will see over 100 bedrooms added to the premises, nearly doubling the number at the popular hotel. The development
The Magazine – Construction Summit – 2023
The Magazine – Construction Summit – 2024
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