Construction BUSINESS

Finance

Tuath Housing Set to Finalise €118 Million Low-Interest Financing Deal

    Tuath Housing Set to Finalise €118 Million Low-Interest Financing Deal

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

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CRH Continues Share Buyback Programme

    CRH Continues Share Buyback Programme

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

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CSO House Price Index – Level of New Dwellings Sold is Low

    CSO House Price Index – Level of New Dwellings Sold is Low

Commenting on the CSO Residential Property Price Index for November, IPAV, the Institute of Professional Auctioneers & Valuers, said it is showing an expected trend first identified by IPAV’s own

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Six New Social Housing Units in Mooncoin, County Kilkenny

    Six New Social Housing Units in Mooncoin, County Kilkenny

Propertybridges.com, Ireland’s new peer to peer lender to the Property Development marketplace, is about to launch its first loans on the platform for County Kilkenny. The project consists of a

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PropertyBridges.com Successfully Completes First Ever Peer to Peer Property Loan in Ireland

    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

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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

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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

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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

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Grafton Group to Raise €160 Million

    Grafton Group to Raise €160 Million

Grafton Group, the merchanting and DIY business with operations in the UK, Ireland and Mainland Europe, has agreed to raise €160 million (£144 million) through an issue of unsecured senior

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€80 Million Port of Cork Container Terminal Development

    €80 Million Port of Cork Container Terminal Development

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

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Government Funding of €10 Million For Energy Efficiency Design Projects

    Government Funding of €10 Million For Energy Efficiency Design Projects

The Sustainable Energy Authority of Ireland (SEAI) is now accepting applications from organisations planning an investment in a new design project or major energy upgrade. The Minister for Communications, Climate Action and Environment

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Irish Construction Companies Raise Over €3.5 Million Through Linked Finance

    Irish Construction Companies Raise Over €3.5 Million Through Linked Finance

Linked Finance, Ireland’s leading peer-to-peer (P2P) lending company has raised over €3.5m for Irish construction businesses. 34 Irish construction firms including Farranconnor Building Products in Cork and Cairn Construction in

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Record Year For Kingspan

    Record Year For Kingspan

Kingspan, the global leader in high performance insulation and building envelope solutions, has reported its preliminary results for the year ended 31 December 2017. 2017 was a significant year for

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NTR Closes Debt Facilities to Value of €43.2 Million to Fund Irish Wind Projects

    NTR Closes Debt Facilities to Value of €43.2 Million to Fund Irish Wind Projects

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

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McAvoy & Associates Issues a Survival Guide For Sub-contractors

    McAvoy & Associates Issues a Survival Guide For Sub-contractors

With the ripples from the collapse of Carillion, the UK construction group, having already spread to Ireland, McAvoy & Associates, a multi-faceted consulting firm which provides its clients with leading-edge

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Construction Companies Reporting Difficulty Accessing Funding

    Construction Companies Reporting Difficulty Accessing Funding

A new survey by RSM and the Construction Industry Federation has found that construction companies are still facing significant difficulties in accessing funding to invest in their businesses and to

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Finance Department – building sector must be closely monitored

    Finance Department – building sector must be closely monitored

A Department of Finance report has stated that the building sector must be closely monitored to prevent another housing boom. The report also said that a “strong supply response” is

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Top 50 CIF Contractors 2017 announced

    Top 50 CIF Contractors 2017 announced

According to the CIF, its Top 50 Contractors list for 2017 provides us with a unique snapshot of the Irish construction industry. This is an industry that has faced many

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Dublin Ranked Fourth Most Attractive City for Property Investment

Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and the Urban Land Institute (ULI) released on Thursday. Dublin saw

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25% of Homes That Qualify for the First-Time Buyers Scheme Located In Dublin

    25% of Homes That Qualify for the First-Time Buyers Scheme Located In Dublin

Research conducted by Daft.ie has found that 25% of available projects that qualify for the first-time buyers scheme are located in Dublin County. The research, published on Friday, November 25,

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AIB Says Loans to Contribute More Than 1,000 New Hotel Bedrooms in Ireland Within 18 Months

    AIB Says Loans to Contribute More Than 1,000 New Hotel Bedrooms in Ireland Within 18 Months

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

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Hines set to acquire ‘Grafton collection’ for €55 million

    Hines set to acquire ‘Grafton collection’ for €55 million

The Grafton collection, a multi-let block of retail buildings at the junction of Grafton Street and Duke Street in Dublin, is set to be acquired by US real estate giant

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Green light set for €200m Ballsbridge block plan by Johnny Ronan

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

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Oil prices ascend in Asia as output meeting approaches

With Brent climbing back above $40, the oil prices leaped in Asian trade today, as the market digested falling US

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Builders push case for easing security rule

‘Restrictions are not helping the housing market’ tells Construction Industry Federation to Central Bank To rest its mortgage lending rules for

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Irish-run company boosts $50 million and andumbrates 100 new jobs in Dublin

After a SAN-FRANCISCO-based company secured $50 million in new funding it sets up by four Irishmen is to create 100

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Energy upgrades should be trebled, says report

If Ireland is to achieve its 2020 energy efficiency targets, the number of homes and businesses being upgraded for improved

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PADDY Power is set to crop 300 jobs subsequent its merger with Betfair.

  The group will now purpose to cut 650 jobs from its workforce of 7,200. Approximately 300 of the job

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Danske Bank to sell off residual parts of Irish business

The sale will see debts such as credit card bills, commitments and other unsecured loans packaged up and deposited by the bank. These

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Anglo Irish Bank was many a time advocated to clients – Panama Papers

Anglo Irish Bank’s branch in Austria was between the small number of banks that were many times advocated by Panama-based law firm

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Saving €2 billion on capital projects is possible said the Project Management Institute

The Project Management Institute’s Ireland chapter will host its biggest conference to date on April 14th at the Aviva Stadium.

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Yearly Conference 2016 of Irish Planning Institute

The regulation of planning, the burning issues of housing supply and planning, sustainable retail and town centre development, are among

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Central Bank collappsing on imposition counsellors

According to the Central Bank some firms counselling struggling borrowers are failing to properly collect all of the information needed

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After court enactment Irish consumers face insurance rises

After a European Court of Justice ruling, consumers face another growth in premiums for home and motor insurance. The court ruled

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Savills bespeaks top ten European investment hotspots

Savills, the international real estate investor, has advised its top ten hotspots for investment in Europe, split between five tips for

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Property prices up 8% in year to end of february

Residential Property Price Index February 2016 Price Index (Jan 2005=100)  Monthly % change Annual % change Dec 2015    

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Bishop Gate Hotel – A Derry landmark building restored Bishop Gate Hotel

The new Bishop’s Gate Hotel has opened its doors. This 31 bed hotel adds considerable luxury accommodation and services to

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Nearly 32% of people want the Government to build new houses as their first priority

The rents are now higher in Dublin then during the boom and deposit lending falling, one – third of the

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‘Broadly positive’ fourth quarter for Grafton Group

    ‘Broadly positive’ fourth quarter for Grafton Group

UK and Ireland-based building materials Grafton  said on Tuesday that trading conditions in its final quarter of the year were

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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

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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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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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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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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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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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EIB commits €100M to Dublin port ABR project

    EIB commits €100M to Dublin port ABR project

The redevelopment of Dublin Port is set to be a major construction project involving Ireland’s civil engineering contractors. It has

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Two of Ireland’s Most Luxurious Castle Hotels to hit the Market

    Two of Ireland’s Most Luxurious Castle Hotels to hit the Market

Two of Ireland’s most luxurious castle hotels have been brought to the market as a going concern by Savills, on

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Minister Alan Kelly Reaffirms commitment to Rural Ireland with €30 m Investment

    Minister Alan Kelly Reaffirms commitment to Rural Ireland with €30 m Investment

Minister Alan Kelly and Minister Ann Phelan (23 September 2015) reaffirmed the Government’s commitment to rural Ireland with the announcement

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Building supplier SIG’s profit more than doubles

    Building supplier SIG’s profit more than doubles

Specialist building products supplier SIG, which employs about 250 people over 11 locations in Ireland, has reported a pretax profit of £26.8 million for the first half of the year compared to £11.8 million a year earlier.

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IPO raises a €380m war chest for Cairn Homes

    IPO raises a €380m war chest for Cairn Homes

The Irish homebuilder became the first construction firm from the Republic to list on a public market in nearly 20

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Microsoft seeks planning for another Dublin data centre

    Microsoft seeks planning for another Dublin data centre

Microsoft said it needs the new data centre because even its own predictions for internet usage have been eclipsed. Extending

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Burke & Ward Engineers profits €8.1m

    Burke & Ward Engineers profits €8.1m

Growth in its Canadian and British businesses helped boost turnover and profits at Irish civil engineering group Ward & Burke

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Grafton seeks to expand its presence across Europe

    Grafton seeks to expand its presence across Europe

Grafton, the Dublin-headquartered builders merchanting and DIY retail group, is actively reviewing opportunities to expand its operational presence in western

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Kingspan and ESB in NI solar panel initiative

    Kingspan and ESB in NI solar panel initiative

Kingspan and ESB unveiled on Tuesday a new joint venture in Northern Ireland that will offer local businesses the opportunity

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Construction Industry Continues Renewed Growth

    Construction Industry Continues Renewed Growth

The country’s construction sector grew at its fastest pace so far this year in April with new business on the

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CRH set to spend €8bn on takeovers

    CRH set to spend €8bn on takeovers

The building materials and cement giant has already suggested that its 2015 spend and deal flow will not be contained

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Constrcution Summit

PROMO – Construction Summit 2016 – Sustaining the Momentum

Lean Construction Ireland – Enhancing Ireland’s Competitive Advantage

The Magazine – Construction Business

The Magazine – Construction Summit 2016

The Magazine – Construction Summit

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