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Housing Minister Accused of ‘Playing with Figures’

The Housing Minister, Simon Coveney, has been accused of “playing around with figures” in his Action Plan for Housing and Homelessness.

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Residential property prices up 6.9%

In the year to May, residential property prices at a national level increased by 6.9%. This compares with an increase of 7.1% in April and an increase of 13.8% recorded

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Developer Gerry Gannon plans to build 84 Dublin homes

    Developer Gerry Gannon plans to build 84 Dublin homes

Developer Gerry Gannon plans to build more than 80 apartments and townhouses in a project in north Dublin that industry figures value between €18 million and €20 million. The company

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Dalata to build 181-bed hotel on site of former Charlemont clinic

    Dalata to build 181-bed hotel on site of former Charlemont clinic

Ireland’s largest hotel operator Dalata has acquired the company which owns the former Charlemont Clinic in central Dublin for €11.9m. The 0.95 acre location of the former Charlemont Clinic on the

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Enda Kenny to turn sod on two Cork projects with potential to transform city centre

    Enda Kenny to turn sod on two Cork projects with potential to transform city centre

The Taoiseach will launch two major infrastructure projects in Cork today worth a combined total of €100m. The first one relates to the €50m regeneration of the landmark Capitol cinema site

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Cairn to build 300 homes in Cherrywood after Hines deal

    Cairn to build 300 homes in Cherrywood after Hines deal

Listed-Irish housebuilder Cairn Homes has reached an agreement with the US property investment firm Hines to purchase two lots in Cherrywood, Dublin for €21.5 million, with an option to acquire

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Further accommodation deal for Queen’s University in Belfast

    Further accommodation deal for Queen’s University in Belfast

Queen’s University has entered yesterday into a deal with developers McAleer & Rushe to develop 1,200 student bedrooms on two of their city centre sites, in a deal worth €90 million.

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Construction activity growth seen as employment levels rise

    Construction activity growth seen as employment levels rise

Construction sector activity was at its strongest in seven months in January with job creation levels also rising for the third month running. According to the Ulster Bank Construction Purchasing

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Dublin City Council releases plans for €20 million Dalymount Park redevelopment

    Dublin City Council releases plans for €20 million Dalymount Park redevelopment

Dublin City Council has released the details of its plans to revamp Dalymount Park into a modern 10,000 seater stadium, a redevelopment which is expected to cost up to €20m to

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New Generation planning €250m docklands project

    New Generation planning €250m docklands project

New Generation Homes, the developer led by Greg Kavanagh and Pat Crean, will seek permission for a €250 million office and apartment complex in Dublin’s south docklands from the city

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CIF wants a Minister for Infrastructure and Construction

    CIF wants a Minister for Infrastructure and Construction

As the date for General Election 2016 is announced for Friday 26th February, the CIF (Construction Industry Federation) is calling for the new Government to create a Minister for Infrastructure

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Government to provide further 17,000 social housing units

    Government to provide further 17,000 social housing units

Last week, the government said it will provide another 17,000 units of social housing this year as part of its five-year programme to tackle the housing crisis. Compared with the 13,000 units

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Newry company to demolish Berkeley Court hotel

    Newry company to demolish Berkeley Court hotel

Chartered Land, the property group run by Irish developer Joe O’Reilly, has appointed contractors to demolish the former Berkeley Court hotel site in Ballsbridge to make way for 200 high-end

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€230m N25 new ross bypass PPP scheme announced

    €230m N25 new ross bypass PPP scheme announced

A consortium led by BAM has reached financial close with the National Roads Authority (NRA) for the €230 million N25 New Ross Bypass PPP project. All project and financing agreements have

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Facebook to start Meath data centre construction

    Facebook to start Meath data centre construction

Facebook has said it will begin building a data centre near Clonee, Co Meath, which will create hundreds of temporary construction jobs and dozens of other permanent operations positions. The decision

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Construction of new National Forensic Mental Health Hospital begins

    Construction of new National Forensic Mental Health Hospital begins

Minister for Mental Health, Social Care and Primary Care Kathleen Lynch has turned the sod yesterday on the new National Forensic Mental Health Service (NFMHS) hospital, which will be built

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Hydro electric power station to be developed in Co Tipperary

    Hydro electric power station to be developed in Co Tipperary

Minister for the Environment Alan Kelly has just announced a proposed €650 million hydro-electric plant which will seek to create 400 construction jobs and 50 permanent jobs on a disused mining

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Building projects of over €15bn in pipeline for 2016

    Building projects of over €15bn in pipeline for 2016

Some €15.6 billion worth of construction projects are in the pipeline in Ireland for this year, according to a report by Construction Information Services, a specialist provider of data on

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Construction activity growth at five month high – PMI

    Construction activity growth at five month high – PMI

The country’s construction sector ended 2015 on a positive note, with activity in December surging to a five month high. The latest Ulster Bank Construction Purchasing Managers Index – a

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Cairn Homes to build over 100 apartments on Dublin’s Hanover Quay site

    Cairn Homes to build over 100 apartments on Dublin’s Hanover Quay site

Irish homebuilder Cairn Homes has said it is acquiring a site in Hanover Quay in the Dublin Docklands for €18m, from a fund involving Nama, Bennett Construction and Oaktree Capital.

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Almost €3.5bn in property investments during 2015

    Almost €3.5bn in property investments during 2015

Investment property transactions reached almost €3.5 billion as a total in 2015, in Ireland, with nine individual transactions which came in at over €100 million. They included a mix of portfolio sales

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Plans to build €25 million “aparthotel” near Trinity College Dublin

    Plans to build €25 million “aparthotel” near Trinity College Dublin

Irish property investment group Tetrarch Capital intends to invest €25 million in a 178-unit aparthotel on a site close to Trinity College, in Dublin, as part of a wider plan

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£133m A8 dualling scheme officially opens

    £133m A8 dualling scheme officially opens

A £133 million dualling upgrade scheme (€183m) between Belfast and Larne,  developed by a Joint Venture of Lagan, Ferrovial and Costain has officially opened last Wednesday (December 16). The scheme, which

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Increase in construction activity, jobs & sentiment

    Increase in construction activity, jobs & sentiment

The Irish construction sector posted another sharp rise in activity in November, helped by accelerated growth of new business. The

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FBD Property applies for €5.5 million development of Castleknock hotel

    FBD Property applies for €5.5 million development of Castleknock hotel

FBD Property and Leisure Ltd is to spend €5.5 million on the expansion and upgrading of its successful Castleknock Hotel

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Work to begin on €111m office development in Dublin’s docklands

    Work to begin on €111m office development in Dublin’s docklands

Work is set to begin this week on a €111 million commercial development on the North Wall Quay in Dublin’s

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Some 2,300 Nama-funded homes to be finished within weeks

    Some 2,300 Nama-funded homes to be finished within weeks

About 2,300 homes will be completed in the coming weeks on lands owned by Nama debtors and receivers, with another

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Nama provides €170m to fund Boland’s Mills redevelopment

    Nama provides €170m to fund Boland’s Mills redevelopment

The National Asset Management Agency has made €170 million in funding available for work to begin on the redevelopment of

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Scott Tallon Walker records operating loss of €545,996

    Scott Tallon Walker records operating loss of €545,996

Architectural firm which co-designed the Aviva Stadium saw revenues rise to €4.8m. However, the multi-award-winning building designers recorded an operating

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NAMA to invest €7.5 billion in development programme

    NAMA to invest €7.5 billion in development programme

The National Asset Management Agency has announced today plans for a €7.5 billion development programme to deliver about 4 million

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Limerick Institute of Technology to build new campus

    Limerick Institute of Technology to build new campus

Limerick Institute of Technology (LIT) will create 100 new jobs following confirmation that it is to open a “game-changing” new

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US developer Hines to build 3,800 homes in south Dublin

    US developer Hines to build 3,800 homes in south Dublin

US developer Hines’ Irish arm is submitting a planning application to develop roads, parks and other infrastructure to allow the

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New urban centre planned for Dublin 4

    New urban centre planned for Dublin 4

The first phase of a major new urban centre planned for Ballsbridge in Dublin 4, is being launched today through

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Irish Water to invest €228m in upgrading water and wastewater infrastructure in Cork.

    Irish Water to invest €228m in upgrading water and wastewater infrastructure in Cork.

The wastewater network is to undergo a €180m upgrade, while a further €48m will be spent on improving drinking water

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Lagan Building Contractors wins £18m contract

    Lagan Building Contractors wins £18m contract

Lagan Building Contractors has been appointed by Belfast Harbour to develop the second office block of a £250 million (€355m)

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Planning approved for new hotel in Belfast

    Planning approved for new hotel in Belfast

Planning permission for a 206-bedroom hotel on the site of the former Belfast Metropolitan College has been granted to a

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Plans for infrastructure projects worth €1bn outlined

    Plans for infrastructure projects worth €1bn outlined

The National Development Finance Agency (NDFA) has this morning set out plans for major infrastructure projects with a combined value

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Green Reit takes full control of Central Park in €155m deal

    Green Reit takes full control of Central Park in €155m deal

Irish property investment firm Green REIT has reached a conditional deal worth €155m with its joint venture partner to acquire

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Building Information Index unveils good figures for construction

    Building Information Index unveils good figures for construction

The value of construction projects commenced saw a significant increase in the first three quarters of 2015, rising by €1.7

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310 major school building projects announced by Minister O’Sullivan

    310 major school building projects announced by Minister O’Sullivan

Minister for Education and Skills, Jan O’Sullivan has announced yesterday a new programme of capital investment in schools. Running from

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Savills Completes Sale of National Portfolio for Over €175m

    Savills Completes Sale of National Portfolio for Over €175m

Savills, the international real estate advisor, has today announced the sale of the National Portfolio to Davidson Kempner. The estimated

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Mortgage rules will slow house building, say developers

    Mortgage rules will slow house building, say developers

The results show that there is clearly a need for a sensible adjustment of the Central Bank mortgage rules as

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The Cita BIM Gathering 2015 : an overwhelming success

    The Cita BIM Gathering 2015 : an overwhelming success

The Construction IT Alliance (Cita) held a world-class BIM event last week (12th – 13th November), at The Gibson Hotel.

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L&M Keating Director wins Engineers Ireland Chartered Engineer of the Year 2015

    L&M Keating Director wins Engineers Ireland Chartered Engineer of the Year 2015

Richard Browne, Director of L&M Keating has been awarded the prestigious the title of Engineers Ireland, Chartered Engineer of the

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Grafton says full-year operating profit to be 3% to 4% below expectations

    Grafton says full-year operating profit to be 3% to 4% below expectations

Grafton Group plc, the builders merchanting and DIY Group with operations in the UK, Ireland and Belgium, said it expects

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Up to €100 million to finance high-quality office development and construction projects

    Up to €100 million to finance high-quality office development and construction projects

The Ireland Strategic Investment Fund (ISIF) and institutional clients of US-based Quadrant Real Estate Advisors LLC have committed up to

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New measures to give boost to housing construction announced

    New measures to give boost to housing construction announced

Minister for the Environment, Community & Local Government, Alan Kelly T.D., and the Minister for Finance Michael Noonan, T.D., yesterday

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Construction sector sees sharp rise in new business in October

    Construction sector sees sharp rise in new business in October

Activity, employment and confidence improved in the Irish construction sector in October, helped by a sharp rise in new business,

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“New housing package will increase the supply”, says CIF

    “New housing package will  increase the supply”, says CIF

The announcement yesterday evening (Thursday) by Minister for the Environment Alan Kelly that he is to reduce levies for construction

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2014 another strong year for BAM

    2014 another strong year for BAM

BAM Ireland, one of the country’s largest construction businesses, had a year of strong revenue growth in 2014, increasing its

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ISIF to launch €100m fund for office development

    ISIF to launch €100m fund for office development

The State-backed Ireland Strategic Investment Fund has teamed up with a US real estate fund to offer up to €100

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Ireland’s Tallest Hotel for €3.5m

    Ireland’s Tallest Hotel for €3.5m

The Clarion Hotel Limerick has been put up for sale by its receiver Kieran Wallace of KPMG with a guide

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Nama to finance €87m office building in Dublin

    Nama to finance €87m office building in Dublin

Nama is to finance an €87 million Grade A office development on the North Wall Quay in the Dublin docklands.

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Ulster Bank to sell 20 well-located sites in Dublin

    Ulster Bank to sell 20 well-located sites in Dublin

Twenty well-located Dublin development sites are among 42 due to be sold by Ulster Bank when it offloads a portfolio

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Ronan seals D4 deal for €200m

    Ronan seals D4 deal for €200m

Developer Johnny Ronan has bought a prime 3.7-acre site in Dublin 4and plans to redevelop it as part of a

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Center Parcs submits development plans for Ballymahon project

    Center Parcs submits development plans for Ballymahon project

Holiday resort firm Center Parcs has submitted a planning application for a €233m development near Ballymahon, Co Longford. 750 construction

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Luas Cross City tracks to arrive on O’Connell Street

    Luas Cross City tracks to arrive on O’Connell Street

Tram tracks for the new Luas Cross City line were put in place on Dublin’s O’Connell Street on Thursday. The

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CitA BIM Gathering to take place on November 12-13

    CitA BIM Gathering to take place on November 12-13

The CitA BIM Gathering is the keynote event of the year for all those interested in using Building Information Modelling

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