Hines and Peterson Group, the developer of Central Plaza, the visionary mixed-use development currently underway in former Central Bank offices on College Green and Dame Street in Dublin, has selected an operator for the newly created rooftop destination at Central Plaza. The iconic One Central Plaza is the main building within the city centre development […]
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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 at Huntstown in north County Dublin. The debt finance package includes a term loan of €38.6 million and ancillary facilities of €5.4 million. It is part of an […]
The average ‘sold price’ for houses across Dublin this year is almost identical to last year, indicating that growth in the housing market has slowed down, according to new research by Perfect Property, Ireland’s innovative property search engine. An analysis of the Property Price Register by Perfect Property shows that the average sold price of […]
Propertybridges.com, Ireland’s peer to peer lender to the property development marketplace, has launched its biggest loan so far – €750,000 to build two new housing development projects in County Waterford. The PropertyBridges.com plan is to lend across the country to over a 100 plus new housing development projects in the next three years with the […]
CRH plc announced its intention to continue its share buyback programme with a further tranche of up to €350 million. The Buyback commenced on 29 April 2019, and will end no later than 16 August 2019.
Under the terms of the Buyback, ordinary shares will be repurchased on the London Stock Exchange and/or Euronext Dublin. CRH has […]
37% of Irish construction companies recently hired Irish workers returning from living and working abroad, according to recent survey findings. The survey, which was conducted by the Construction Industry Federation, also shows that family was the main reason for the returning diaspora.
The housing crisis has seen a huge need for more homes to be built […]
Gem Group has welcomed the approval of planning permission by An Bord Pleanála for a Strategic Housing Development (SHD) at Dunshaughlin East, Dunshaughlin, County Meath. The development will be located on a 28.3 hectare site at lands to the north of the R147/Dublin Road in the eastern part of Dunshaughlin. It will be built on […]
Irish commercial property investment reached more than €609 million in Q1 2019 marking a strong start to the year, according to BNP Paribas Real Estate. Continued strong interest from overseas investors is evident with large office and residential developments in most demand.
Retail emerged as the second best performing sector in Q1 with €186 million invested […]
Following a competitive tendering process, Gyproc Ireland, which mines gypsum at Knocknacran quarry for use in its factory in Kingscourt, has announced the awarding of an important new contract to Wills Bros. Ltd. Wills Bros are one of Ireland’s leading civil engineering contractors with experience in large scale infrastructural, industrial and earthworks projects. The contract […]
Irish homeowners have spent over €2.471 billion in total through the Home Renovation Incentive (HRI) since its launch in 2013. This incentive has facilitated homeowners throughout Ireland in carrying out 147,349 home improvement projects over the last four years. These projects throughout the country have had an average spend of €16,774 per project, providing a huge […]
John Sisk & Son, Ireland’s leading provider of construction services, and Designer Group, the Dublin headquartered, international electrical and mechanical engineering business, have announce the arrival of Sensori Facilities Management to Ireland. This new brand has come about as a result of Sisk acquiring a 50% holding in Designer Group’s Facilities Management business, a subsidiary of Designer […]
A new form of cleaner and cheaper temporary power for use on construction sites and at industrial locations has been launched by SSE Enterprise and Pure World Energy (PWE). Using the latest gas-powered microturbine technology, the ‘Semi-Permanent Power’ solution will help developers cut harmful emissions and energy costs, making it particularly suitable for new construction in cities […]
A new house, a central location, good transport links and a back garden are the top four ‘must have’ features house hunters require when searching for their new home, according to research from Perfect Property, Ireland’s innovative property search engine that lists properties for sale and to rent.
The research also shows that the busiest hour […]
The Stephenstown Link Road, constructed by Jons Civil Engineering, has been officially opened with Mayor of Fingal Cllr Anthony Lavin cutting the ribbon on this key piece of infrastructure development within Balbriggan. The new Link Road in Stephenstown Industrial Park runs from the existing roundabout on the Stephenstown Road to a new roundabout on Clonard Street Road, […]
The UK National Construction Expo is being held at the Arena MK, Milton Keynes in England on Wednesday, 1st May 2019.
Although British construction activity overall has slowed, chiefly due to businesses continuing to postpone major building projects due to Brexit uncertainty, which is impacting the commercial construction and civil engineering sectors, house building remains buoyant.
Of […]
Falcon Real Estate Development Ireland, the company that is backing the Waterford North Quays and Michael Street development projects, has appointed its key advisors including the leasing agency and design team for the project. Cushman & Wakefield, a leading global real estate service firm, has been appointed as the leasing agency for the entire North Quays […]
Planning and housing experts have examined Ballymun’s potential as a European leader for innovative housing development, as part of the recent Vienna Model of Housing exhibition in Dublin. Previous planning within the Ballymun area indicates a lack of consideration for community development, with no main street or community focal point currently present.
Dublin City Council’s local […]
Approximately 200 workers are expected to be employed in the construction phase of Johnson & Johnson Vision Care’s planned €100 million expansion of its manufacturing operations at its site in the National Technology Park, Plassey, Limerick. The project is supported by the Irish Government through IDA Ireland.
IDA Ireland CEO Martin Shanahan said: “This is a significant announcement. Already […]
Komatsu has released details of its latest heavy-duty demolition excavator – the 60-tonnes PC490HRD-11 model, designed with what their distributor in Ireland, McHale Plant Sales says is a ‘best in class’ working height. Highly versatile in a number of key respects, the PC490HRD-11 works as a single complete system or configured in six different working […]
Moda, a leading developer, owner and operator of homes for rent, backed by JV partner Apache Capital, has appointed Irish construction giant John Sisk & Son to deliver a new 42-storey skyscraper in Birmingham, which will be city’s tallest residential building. The 481-apartment scheme has been designed exclusively for rent, offering hotel level service and […]
Early insights from a new study into the anticipated demographic and migration changes facing Dublin’s housing system in the next 3 to 5 years were discussed during a recent seminar on ‘Demography, Migration, Integration and Housing’, as part of the events accompanying the Vienna Model of Housing, taking place across Dublin until 25th April.
The ongoing study, led […]
Keating, formerly L&M Keating, has opened its new Dublin office at Park West Business Park. The Clare-based company specialises in marine, civil and building engineering working on significant infrastructure projects in Ireland and UK.
Minister of State for Trade, Employment, Business and EU Digital Single Market and Data Protection, Pat Breen TD, officially opened the Dublin office, which […]
CRH plc, the global building materials group, has completed the fourth phase of its share buyback programme, returning a further €200 million of cash to shareholders. Between 2 January and 29 March 2019, 7.6 million ordinary shares were repurchased on the London Stock Exchange and Euronext Dublin at an average discount of 0.6% to the […]
A lack of modern, well located and suitably sized office space remains a national urban challenge, according to the latest commercial property report from the Society of Chartered Surveyors Ireland (SCSI). The research reveals that over half of surveyors believe these shortages were major factors impacting the office market during 2018, and 60% of Dublin […]
J D Forktrucks, based at Newtownabbey in Northern Ireland, recently completed a deal with leading Enniskillen-based, precast concrete products manufacturer, Tracey Concrete, for two brand new Hyundai 7,000 kg 70D-9 diesel counter balance forklifts. Tracey Concrete is a family-owned and run business, which began trading in 1979 as a ready-mix company, and has since grown […]
Significant advances in information technology are driving substantial change in the construction industry. Building Information Modelling (BIM) involves the digitalisation of the construction industry through a combination of technology and standardisation and uses the digitalisation of physical and functional characteristics of places. To support this change the Royal Institute of the Architects of Ireland (RIAI) […]
The pioneering Vienna Model of Housing will be showcased in a month long exhibition running from Monday 1st to Thursday 25th April and hosted across three Dublin venues: CHQ inDublin’s Docklands, The Rediscovery Centre in Ballymun and Richmond Barracks, Inchicore.
A number of seminars and events have been organised to run alongside the exhibition to introduce a wider debate on […]
Cork Airport, Ireland’s fastest growing and most punctual airport, has opened a new Airport Control Centre (ACC) and purpose-built office suite following a further significant investment in the airport by daa. The two new facilities were officially opened by An Tánaiste and Minister for Foreign Affairs & Trade, Simon Coveney TD (pictured right).
Managing Director at […]
CNP Santander Insurance, the Irish-based insurance company that designs and manages insurance products for distribution in more than 10 European countries, has announced that it has invested €3.5 million in its Dublin expansion following significant growth over the last three years.
Since 2015, CNP Santander Insurance – which is a joint venture between Santander, one of […]
534 new homes will be built in Dublin, Louth, Wicklow and Kildare in the first phase of Ireland’s first social housing Public-Private Partnership following agreement for €120 million of new investment. Half of the 25 year financing for the first stage of the scheme will be provided by the European Investment Bank, alongside backing from the […]
Responding to the CSO Residential Property Price Index for January showing yet further slowing in the rate of house price increases, Brokers Ireland said while the overall slowing is to be welcomed, the fact that there was a paltry increase of just 0.4pc in the number of dwellings purchased in January compared with January 2018 […]
A traditional barometer of the construction industry environment in Ireland is the number of cranes punctuating the Dublin skyline. “The crane count in Dublin reached a record 123 in March 2019 – the fifth consecutive month when the survey recorded a new high,” pointed out Tom Moloney, Managing Director of CIS (Construction Information Services), when […]
Construction companies are eager to hire apprentices again after the decade decline in apprenticeship registrations has been arrested. A Construction Industry Federation (CIF) survey has found unanimous support for apprenticeships, however 73% of construction companies feel that they are not able to hire an apprentice.
According to a survey carried out by the Construction Industry Federation, 23% of […]
A €31 million project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned that a full-scale floating wind turbine be deployed for testing off the west coast of Ireland at a Sustainable Energy Authority of Ireland (SEAI) test site near Belmullet, County Mayo, by 2022. The project is […]
Having welcomed 31.5 million passengers during 2018 – a new record – Dublin Airport is currently being expanded to ultimately cater for more than 20 million additional passengers.
“We are building an airport to accommodate 55 million passengers a year,” pointed out Brian Collier (pictured above), Head of Construction Procurement at daa (Dublin Airport Authority), when […]
“If there is a ‘crash-out’, we will be ready. We are working 24/7,” said Maurice Buckley (pictured), Chairman of the Office of Public Works (OPW) and Vice President of Engineers Ireland, about preparations for installing infrastructure at ports and airports in the event of a ‘no deal Brexit’. “Eighteen separate construction projects are now underway […]
The vast majority of building materials used in the Irish construction sector are either sourced in the UK or enter Ireland through international distributors in Britain and represent a major risk for the industry, according to executives at the recent National Construction Summit in Citywest, Dublin – writes John Whelan (pictured above).
And a huge majority of […]
Commenting on the latest Banking and Payments Federation Ireland Housing Market Monitor, Brokers Ireland said it reinforces what is known from several other sources – that major behavioural change is being forced upon what should be the normal house buying public, particularly aspiring first-time buyers on average salaries.
Rachel McGovern, Director of Financial Services at the […]
IT Sligo has been successful in its application of funding for the development and upgrade of the K&L Block on the north campus. The €13.7 million capital investment will be provided through the Higher Education Authority. This funding will facilitate the consolidation on campus of the recently established Yeats Academy of Arts, Design and Architecture and […]
There is still time left to register to attend the fifth National Construction Summit, which will be held on Thursday, 14th March 2019 at the Citywest Exhibition Centre in Dublin.
The staging of the National Construction Summit is timely with construction industry output in the Republic of Ireland predicted to expand by 20% to €24 billion […]
Grants of up to €4,000 are being made available to shops and businesses on Rush Main Street under Fingal County Council’s new Paint and Shop Front Improvement Scheme which is now open to applications. The scheme part-funds the revamp and restoration of the front of business premises, including painting, replacement of windows, signage and repair […]
Over 300 delegates attended the recent Ireland Chapter of Project Management Institute’s (PMI) sold-out annual national conference in Cork. The conference, with headline sponsor EY, heard that strategic project management of regional infrastructure is vital to ensure stabilisation and future growth of the Irish economy.
Speaking at the conference, which was held for the first time […]
The Guinness Enterprise Centre has unveiled an ambitious development plan for its landmark building on Taylor’s Lane in Dublin 8. Planning permission for the €10 million redevelopment and expansion has been lodged with Dublin City Council.
The Guinness Enterprise Centre (GEC) opened for business in 2000 with the ambition of providing the environment and all the […]
Chadwicks, Ireland’s leading supplier of builders’ and plumbers’ material to both trade and DIY customers, has officially unveiled its newly refurbished branch in Navan, County Meath. Established in 1902, Chadwicks which is part of Grafton Merchanting ROI, has long been known as the ‘home of building materials’ in Ireland supplying doors and floors, insulation, energy saving products, plumbing […]
Dundoogan, Haynestown is a planned 1100 home development, 112 of which Tuath Housing is acquiring for social housing in collaboration with the Department of Housing, Louth County Council and developer, Cannon Kirk Ltd. The first phase of 26 homes are due to be handed over this month with the remaining 86 homes ready for occupation […]
CRH plc, the global building materials group, has reported sales of €26.8 billion for 2018 – 6% ahead of 2017 – with EBITDA up 7% to €3.37 billion. Group like-for-like sales were ahead 3% in 2018 with 2% growth in Europe, 4% in the Americas and 8% in Asia. Like-for-like group EBITDA rose by 3%, […]
Members of Hardware Association Ireland, the national representative body for over 370 hardware and DIY retailers, builders merchants, and manufacturers and distributors across Ireland, have reported average year-on-year revenue increases of 8.7% for 2018. This follows a 9% increase in Q4, compared to the same period in 2017.
In what was a standout year for the […]
Limerick civil engineering company Roadbridge is gearing up to begin work on the N4 Collooney to Castlebaldwin construction project. The contract was won in the latter months of last year. The extensive €150 million development scheme, which is expected to last for a period of two years, will open up in excess of 100 jobs during […]
Kingspan, the global leader in high performance insulation and building envelope solutions, has reported its preliminary results for the year ended 31 December 2018. During 2018 Kingspan generated record revenues of almost €4.4 billion, and EBITDA exceeded €500 million for the first time. Trading profit reached €445 million, ahead by 18% over prior year, and […]
Northern Ireland-based developer and contractor McAleer & Rushe has just secured planning permission to develop two multi-million-pound hotels located in Birmingham and Glasgow city centre, representing an investment of c. £85 million. Combined, the two hotels will deliver a total of 630 bedrooms and will be operated by Ireland’s largest hotel operator, Dalata Hotel Group, […]
The latest quarterly Consumer Market Monitor (CMM), published by the Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business School, shows slow but steady growth in Ireland’s residential property market, with 55,000 homes purchased in 2018, an increase of just 8% on the previous year. Excluding mortgages from the 2018 figures, there were almost 25,000 […]
Mercedes-Benz commercial vehicles division will be amongst the leading exhibitors attending the forthcoming 5th Annual National Construction Summit, taking place at Citywest, Dublin on March 14th next. Coupled with a manned trade stand, models showing from its light commercial vehicle range will be the popular mid-sized Vito van and X-Class pickup – a unit designed […]
The fifth National Construction Summit will be held on Thursday, 14th March 2019 at the Citywest Exhibition Centre in Dublin.
Incorporating a number of complementary events and an extensive array of seminars, workshops and exhibition stands, showcasing the latest products, services and technology for the construction, engineering, sustainable building, maintenance and architectural sectors, the 2019 National […]
Komatsu’s latest version of the WA100M Dash 8 compact wheel loader has gone on sale in Ireland. Described by distributor McHale Plant Sales director, John O’Brien as “one of the most reliable and versatile machines out there,” the WA100M is being pitched at construction, farm contractors, bulk materials and waste processors.
The 94hp EU Stage IV unit […]
EirGrid has welcomed the decision by the Supreme Court to uphold planning approval for the southern section of the North South Interconnector. Planning approval for the project was granted by An Bord Pleanála in December 2016.
This was subsequently made the subject of judicial review proceedings in the High Court. The proceedings were dismissed by the High […]
Northern Ireland-based developer and contractor McAleer & Rushe has announced that construction is to commence on a new 620 room hotel and hybrid aparthotel development in Paddington, London with a contract value worth c.£82 million.
Led by developer Concierge 3, a consortium of BSW Land & Property, Staycity and The Pickstock Group, the scheme is the final stage of the […]
ESB is engaged in bilateral discussions with Coillte which, if successful, would lead to the establishment of a new joint venture development company to deliver 1,000 MW of renewable energy by 2030. It is proposed that a new joint venture will build on a successful track record of the two companies working together at Raheenleagh […]
Fingal County Council has welcomed the latest figures from the Central Statistics Office which show that 2,140 homes were completed in the county over the past year, accounting for almost 12% of the national total. Latest data from the CSO shows that the Dublin 15 had the highest level of activity in the country with 800 […]
The Magazine – Construction Summit
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