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Construction sector

Property Bridges Launches Ireland’s First Peer to Peer Property Loans

    Property Bridges Launches Ireland’s First Peer to Peer Property Loans

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 […]

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Fire Science Firm Efectis Establishes Testing Centre in Northern Ireland

    Fire Science Firm Efectis Establishes Testing Centre in Northern Ireland

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 […]

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SDCC Agrees Innovative 1000 Home Joint Venture Initiative in Dublin 22

    SDCC Agrees Innovative 1000 Home Joint Venture Initiative in Dublin 22

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 […]

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CRH Completes Phase 2 of Share Buyback Programme

    CRH Completes Phase 2 of Share Buyback Programme

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 […]

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ISME Expresses Concern With Lowest Price Bid Tendering

    ISME Expresses Concern With Lowest Price Bid Tendering

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 […]

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Ireland’s Major Utilities Launch New Construction Safety Campaign

    Ireland’s Major Utilities Launch New Construction Safety Campaign

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 […]

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New Phase of SVP Housing Scheme Officially Opened

    New Phase of SVP Housing Scheme Officially Opened

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 […]

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New Peer to Peer Business Model Launches For Housing Crisis

    New Peer to Peer Business Model Launches For Housing Crisis

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 […]

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Fingal County Council Commences Procurement For Development of Ballymastone Site

    Fingal County Council Commences Procurement For Development of Ballymastone Site

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 […]

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New Appointment at Ardmac

    New Appointment at Ardmac

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 […]

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Majority of Construction Companies Plan to Implement BIM Within Next 3 Years

    Majority of Construction Companies Plan to Implement BIM Within Next 3 Years

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 […]

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€100 Million Investment For Four Capital Developments at Trinity College Dublin

    €100 Million Investment For Four Capital Developments at Trinity College Dublin

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 […]

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British Construction Market Growth Prompts Investment by Garage Doors

    British Construction Market Growth Prompts Investment by Garage Doors

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 […]

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Fingal County Council Prepares to Roll Out €588 Million Capital Programme Over Next Three Years

    Fingal County Council Prepares to Roll Out €588 Million Capital Programme Over Next Three Years

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 […]

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Kingspan Joins Science Based Targets Initiative to Reduce Greenhouse Gas Emissions

    Kingspan Joins Science Based Targets Initiative to Reduce Greenhouse Gas Emissions

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 […]

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Majority of Irish People Planning Home Improvement Projects

    Majority of Irish People Planning Home Improvement Projects

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 […]

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Positive Housing Measures in Budget 2019 But More Required

    Positive Housing Measures in Budget 2019 But More Required

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 […]

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CIF Welcomes Increases in Infrastructure Investment and Affordability Measures in Housing

    CIF Welcomes Increases in Infrastructure Investment and Affordability Measures in Housing

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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CRH Announces New Board Appointments

    CRH Announces New Board Appointments

CRH plc has announced the appointment to the Board of Mary Rhinehart and Siobhan Talbot (pictured) as non-executive Directors. Ms. Rhinehart joined the group on 1 October 2018 and Ms. Talbot will join with effect from 1 December 2018.
Ms. Rhinehart is Chairman, Chief Executive Officer and President of Johns Manville Corporation, a Berkshire Hathaway company, […]

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Zutec Holdings Increases Turnover by 40%

    Zutec Holdings Increases Turnover by 40%

Zutec Holdings, the Irish construction software company which listed on the Nasdaq First North market in March this year, has reported a 40% increase in turnover to €3.25 million in the year to the end of June 2018.
In its maiden set of full-year results as a plc, Zutec generated earnings before interest, tax, depreciation and […]

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Housing Completions of 18,655 Units Forecast For 2018

    Housing Completions of 18,655 Units Forecast For 2018

Strong growth is likely to persist in the Irish economy through 2018 and 2019. This is indicated by rising private consumption, increases in taxation receipts and continued declines in unemployment rates. The ESRI’s latest Quarterly Economic Commentary states that GDP is expected to grow by 8.9 per cent in 2018, followed by 4.5 per cent growth in […]

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Grafton Merchanting to Invest €500,000 in Chadwicks Brand This Year

    Grafton Merchanting to Invest €500,000 in Chadwicks Brand This Year

Grafton Merchanting, Ireland’s leading building merchanting company which operates brands including Chadwicks, Heiton Buckley and The Panelling Centre across 49 locations, has announced a €500,000 investment in its Chadwicks brand this year. Further investment in the brand is planned for 2019.
Over the next 12 months, Grafton Merchanting, which currently employs almost 1,300 team members in the Republic […]

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Hardware Association Ireland Calls For Imaginative Measures to Tackle Housing Crisis

    Hardware Association Ireland Calls For Imaginative Measures to Tackle Housing Crisis

Hardware Association Ireland (HAI) has called on the Minister for Finance to address the housing crisis in the forthcoming budget through the introduction of a Derelict Property Renovation Incentive Scheme. HAI has also urged the Minister to reduce VAT on construction from 13.5% to 9% for a two-year period in order to stimulate house building […]

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Fingal County Council Hosts Regional Briefing on Public Service Procurement Process

    Fingal County Council Hosts Regional Briefing on Public Service Procurement Process

Fingal County Council has hosted an informative regional briefing for contractors on public procurement with specific focus on two new frameworks aimed at streamlining the tendering process for €100 million in contracts for minor building works across the entire public service. The frameworks will be advertised by the Local Government Operational Procurement Centre for the […]

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Interim Emergency Measures to Combat Coastal Erosion in Portrane

    Interim Emergency Measures to Combat Coastal Erosion in Portrane

In response to serious coastal erosion problems at The Burrow Portrane, Fingal County Council is implementing interim emergency measures to protect properties at risk in Portrane. The project will get underway in the coming weeks, Fingal County Council has confirmed.
Costing in the region of €500,000, Fingal County Council has engaged contractors to install 380 ‘SeaBee’ […]

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Work Commences on New €100 Million Lidl Distribution Centre in Newbridge

    Work Commences on New €100 Million Lidl Distribution Centre in Newbridge

Work has commenced on a new €100 million distribution centre and regional headquarters for Lidl in Newbridge, County Kildare. The new facility, which is a key part of Lidl Ireland’s €200 million investment programme for 2018, will cost €100 million and is expected to be completed by November 2019.
This project represents Lidl’s largest single investment […]

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Government Launches €1.25 Billion Land Development Agency to Build 150,000 New Homes

    Government Launches €1.25 Billion Land Development Agency to Build 150,000 New Homes

The Government has launched the Land Development Agency to build 150,000 new homes over the next 20 years, the next step of Project Ireland 2040. The new Agency has an immediate focus on managing the State’s own lands to develop new homes, and regenerate under-utilised sites. In the longer-term it will assemble strategic landbanks from […]

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€100 Million Worth of Minor Building Works Tendered For Public Sector

    €100 Million Worth of Minor Building Works Tendered For Public Sector

New frameworks are being launched to streamline the tendering process for €100 million in contracts for minor building works across the entire public service. The contracts will be tendered by the Local Government Operational Procurement Centre for the provision of Minor Building Works to public service bodies including 31 local authorities, the HSE, the OPW, the […]

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Major Milestone For €233 Million Center Parcs Forest Resort

    Major Milestone For €233 Million Center Parcs Forest Resort

With one year to opening, the €233 million Center Parcs forest resort in County Longford has reached an important milestone as Sisk workers recently welcomed the record sized 53-metre long, 22-tonne, glulam beams that will form the structure of the impressive Subtropical Swimming Paradise. A jewel in the crown of the resort, the Subtropical Swimming […]

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Resilient Performance by Breedon Group

    Resilient Performance by Breedon Group

Breedon Group, a leading construction materials group in the UK and Ireland, has reported revenue of £378.4 million for the six months to 30 June 2018, up from £326.3 million in the corresponding period of 2017. Underlying earnings before interest and tax (EBIT) increased by 17% to £42.0 million. However, excluding acquisitions, both revenue and […]

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First Premier Inn Hotel in Dublin City Centre

    First Premier Inn Hotel in Dublin City Centre

Whitbread, the owner of the Premier Inn hotel chain, has secured planning permission for a 97-bedroom Premier Inn hotel at 41–46 South Great Georges Street, in its first site in Dublin city centre. The decision represents the first step towards fulfilling Whitbread’s requirement for between 1,500 to 2,000 Premier Inn bedrooms in Dublin, with Ireland […]

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Glenveagh Properties is Ahead of Schedule

    Glenveagh Properties is Ahead of Schedule

Glenveagh Properties, a leading Irish homebuilder listed on Euronext Dublin and the London Stock Exchange, has reported revenue of €1.3 million for the first half ended 30 June 2018, relating primarily to the closing of six 2 & 3-bed starter homes in the Greater Dublin Area, as well as rental income from a number of […]

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Essential Learning Series Roadshow From Kilsaran International

    Essential Learning Series Roadshow From Kilsaran International

Kilsaran International are taking the hugely successful Essential Learning Series suite of technical seminars to the road with events to be held at the Aviva Stadium on September 25th and Fota Island Resort in Cork on October 17th 2018. These free one day events will appeal to construction professionals who want to gain a clearer […]

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€3.7 Million Drawn Down as Rebuilding Ireland Home Loan Proves Popular in Fingal

    €3.7 Million Drawn Down as Rebuilding Ireland Home Loan Proves Popular in Fingal

Fingal County Council has received the highest amount of applications among the 31 Local Authorities for the Rebuilding Ireland Home Loan and has overseen a draw down of over €3.7 million since the scheme commenced. Since the start of the scheme on February 1, Fingal County Council has received 340 applications and already 136 provisional […]

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Lisburn-based KME Steelworks Braced For Growing Sales

    Lisburn-based KME Steelworks Braced For Growing Sales

Engineering business KME Steelworks is expanding its workforce in Lisburn to help leverage the growing opportunities which exist for its precision engineering sub contract services and precast concrete mould products globally. KME is a leading provider of sub-contract services to a wide range of equipment manufacturers. It is also recognised as a main supplier of bespoke steel […]

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CRH Delivers Solid First Half Performance

    CRH Delivers Solid First Half Performance

Impacted by severe and prolonged winter weather conditions early in the year, CRH plc has reported sales of €11.9 billion for the first half of 2018 – ahead by 1% on the same period last year and up 2% on a like-for-like basis. In Europe, like-for-like sales growth of 1% reflected continued recovery in some […]

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CSO House Price Index – Rising Prices in Rural Areas But Brexit Effect is Stark For Border Area

    CSO House Price Index – Rising Prices in Rural Areas But Brexit Effect is Stark For Border Area

Responding to the latest CSO house price figures indicating an accelerating rate of increase in prices outside of Dublin 15.2pc in the year to June from 14.1pc in the year to May and 13.6pc to April and a continuing slowing in the rate of house price increases in Dublin, at 9pc in the year to […]

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CIF Budget Submission For the Delivery of Essential Housing and Infrastructure

    CIF Budget Submission For the Delivery of Essential Housing and Infrastructure

According to the Construction Industry Federation (CIF), the forthcoming Budget is an opportunity to remove a number of blockages in delivery of essential housing and infrastructure. The CIF has stated that the delivery of transformative housing and infrastructure requires more effective co-ordination between industry and government in three key areas: investing in skills and R&D, […]

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The Irish Concrete Society Launches Concrete Technology Course

    The Irish Concrete Society Launches Concrete Technology Course

The Irish Concrete Society recently launched the 2018 Fundamentals of Concrete Technology course. Commencing on the 7th of September in UCD the course provides participants with essential information on concrete technology and construction. The programme includes two half-days of lectures and a half-day on site, time also spent in a civil engineering laboratory carrying out […]

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New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

    New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

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 renovate and extend the facility’s east courtyard commenced recently and is expected to be completed within 12 months.
NovaUCD which officially opened in October 2003 is currently home to […]

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GMIT IHUB Extension Work Commences

    GMIT IHUB Extension Work Commences

The first sod has been turned on the site of the new extension to GMIT’s Innovation Hub (iHub) at the GMIT Galway campus. The extension will double the size of the Innovation Hub to about 2,400 sq m, providing space for an additional three dedicated MedTech R&D units; 17 incubation units for start-ups in the […]

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Northern Ireland Housing Market Continues to Perform Strongly

    Northern Ireland Housing Market Continues to Perform Strongly

The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable levels of house price growth over the last 12 months in Northern Ireland. Ulster University’s research is produced in partnership with the Northern Ireland Housing Executive and Progressive Building Society.

Analysing the performance of the Northern […]

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U+I Starts Construction at Ballymoss House, Sandyford, Dublin

    U+I Starts Construction at Ballymoss House, Sandyford, Dublin

U+I, the specialist regeneration and property developer, has commenced construction activity on the Ballymoss House site in Sandyford, in partnership with local contractor Collen Construction. The site which will be rebranded as THE HIVE over the course of its development, will see over 73,000 sq. ft. of office space being re-imagined, with 117 parking spaces and […]

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Call For Reduction in Stamp Duty For First-time Buyers

    Call For Reduction in Stamp Duty For First-time Buyers

A call for stamp duty to revert to 2pc to enable more aspiring first-time buyers acquire once off sites to build homes has been called for by IPAV, the Institute of Professional Auctioneers & Valuers, which says last year’s hike from 2pc to 6pc is adversely affecting the cost of a new house for first-time buyers. Launching its […]

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CRH Completes Phase 1 of Share Buyback Programme

    CRH Completes Phase 1 of Share Buyback Programme

CRH plc has completed the first phase of its share buyback programme, returning €350 million of cash to shareholders.
Between 2 May and 31 July 2018, 11.4 million ordinary shares were repurchased on the London Stock Exchange at an average discount of 0.5% to the volume weighted average price over the period. Details relating to subsequent […]

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Glenveagh Properties Acquires Substantial Site at Tyrrelstown, Dublin

    Glenveagh Properties Acquires Substantial Site at Tyrrelstown, Dublin

Glenveagh Properties has announced a further substantial land acquisition in the Greater Dublin Area (GDA) capable of delivering over 1,250 units. The Irish homebuilder has exchanged contracts to acquire a c.113 hectare site (39 hectares of which are zoned residential) in Tyrrelstown, Dublin 15 which has the potential to deliver over 1,250 residential units. The acquisition, which […]

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Residential Property Prices Rise by 12.4% in the Year to May

    Residential Property Prices Rise by 12.4% in the Year to May

In the year to May, residential property prices at national level increased by 12.4%, according to the CSO. This compares with an increase of 13.5% in the year to April and an increase of 10.9% in the twelve months to May 2017.
In Dublin, residential property prices increased by 10.7% in the year to May. Dublin […]

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Plans to Upgrade Ireland’s 1 Million Energy Inefficient Homes

    Plans to Upgrade Ireland’s 1 Million Energy Inefficient Homes

Over 200 building professionals, including architects, specifiers, builders, plumbers, engineers and researchers, gathered at SEAI’s second Annual Deep Retrofit Conference in the Aviva in Dublin. The conference brought together building energy efficiency experts from Ireland and Europe to discuss solutions to upgrading Ireland’s homes.
As many as one million homes built in the last century are considered […]

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37th Irish Concrete Society Annual Awards – Call For Entries

    37th Irish Concrete Society Annual Awards – Call For Entries

The Irish Concrete Society are now seeking entries to the 37th Annual Awards. Established in 1979, the awards recognise excellence in the use of concrete, irrespective of type, scale or complexity. A coveted award scheme, adjudicated by an distinguished independent jury, these awards acknowledge construction achievements in which concrete, in any form, contributes significantly to […]

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Dublin’s First Major Cost Rental Development

    Dublin’s First Major Cost Rental Development

A Dublin City Council-owned site at Emmet Road in Inchicore, has been selected as the location for Dublin’s first major Cost Rental development. It is expected that the detailed proposal for the site will be brought before the Council in September for approval.
It is envisaged that delivery will be overseen by a dedicated project team […]

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L&M Keating Awarded The KeepWell Mark by Ibec

    L&M Keating Awarded The KeepWell Mark by Ibec

L&M Keating are the first construction company to successfully achieve accreditation for their commitment to employee wellness, safety and health by being awarded The KeepWell Mark by Ibec, Ireland’s largest and most influential business representation organisation.

The KeepWell Mark is a new national accreditation developed by Ibec that recognises organisations who put the wellbeing of employees […]

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Heiton Buckley Unveils Newly Refurbished Mayo Branch

    Heiton Buckley Unveils Newly Refurbished Mayo Branch

Heiton Buckley, Ireland’s leading supplier of doors, floors, bathrooms, garden, plumbing and heating products, has officially unveiled its newly refurbished branch in Castlebar, County Mayo. GAA star, Andy Moran, CEO of Grafton Merchanting ROI, Patrick Atkinson, Heiton Buckley Castlebar Branch Manager, Mick Kane, and longtime customer Mick Duane officially cut the ribbon and kicked off the […]

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CRH Disposes of Benelux DIY Business For €510 Million

    CRH Disposes of Benelux DIY Business For €510 Million

CRH plc, the global building materials group, has completed the divestment of its DIY business in the Netherlands and Belgium, together with certain related property assets, to Intergamma, the Dutch DIY franchise organisation, and a US real estate investor for a total consideration of €510 million.
The disposal follows a strategic review of CRH’s Europe Distribution […]

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Turnover in Top Construction Firms Grows to €6.72 Billion

    Turnover in Top Construction Firms Grows to €6.72 Billion

The combined turnover of Ireland’s top construction firms has increased by €720 million on last year according to Construction Magazine’s annual Top 50 CIF Contractors listing for 2018. The annual listing gives a snapshot of the overall growth in Irish construction as it delivers many larges cale projects throughout Ireland and the world, attracting foreign […]

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Brooks to Reduce Energy Bills by €90,000 by Switching on to Smarter Lighting

    Brooks to Reduce Energy Bills by €90,000 by Switching on to Smarter Lighting

Brooks, one of Ireland’s longest established timber distributors and builders merchants, will reduce their lighting costs by over €91,000 per annum by switching to energy efficient LED lighting. This will be a nearly 70% reduction in energy costs. eLight, the LED lighting experts, installed over 1400 new lighting products in Brooks 7 stores nationwide. These […]

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BAM Wins €25 Million Contract to Build New Cheese Factory in Cork

    BAM Wins €25 Million Contract to Build New Cheese Factory in Cork

TINE Ireland, a subsidiary of the Norwegian dairy co-operative TINE, has awarded the construction of a new Jarlsberg® cheese production facility and administration building at Mogeely, County Cork, to BAM Ireland. The contract value is more than €25 million. TINE is Norway’s largest producer, distributor and exporter of dairy products with 11,400 members (owners) and […]

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McAleer & Rushe Transforming Edinburgh’s Old Town

    McAleer & Rushe Transforming Edinburgh’s Old Town

The new UK Government hub planned for New Waverley in the heart of Edinburgh’s Old Town, which is being constructed by Northern Ireland-based design and build company McAleer & Rushe, has reached a significant milestone with the official ‘Topping Out’ of the office scheme. The project which is transforming a UNESCO Heritage site, in one […]

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The First Phase of the Regeneration of O’Devaney Gardens Gets Underway

    The First Phase of the Regeneration of O’Devaney Gardens Gets Underway

Eoghan Murphy TD, Minister for Housing, Planning & Local Government; Paschal Donohoe TD, Minister for Finance, Public Expenditure & Reform; and Lord Mayor of Dublin, Nial Ring have turned the sod for the development of the first phase in the Regeneration of  O’Devaney Gardens in Dublin.  The first phase will deliver 56 social homes with […]

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