Profits at the company behind Brooks timber suppliers and merchants soared 71pc to €7.2m in its last financial year even as Covid restrictions persisted in the period and input costs
Increase
While lack of supply is often cited as the main issue in the Irish housing market, a mortgage broker has said the real issue is inflation and that this will
COSTS for the overdue metro line for Dublin will escalate if officials do not unite behind it, the head of national transport infrastructure has warned. Peter Walsh, chief executive of
More than four out of every five builders across the country expect the prices they charge for projects will rise in the first three months of the year when compared
Property prices are expected to rise by about 5 per cent this year as supply shortages, pent-up demand and pandemic savings continue to drive activity, according to a survey of
Prospective homebuyers face further difficulties in the housing market with increasing prices and record low supply. According to the latest MyHome.ie / Davy Q4 2021 Property Price Report, the annual
Glenveagh said it generated total revenue in 2021 of €476m, up from €232m in the previous year which was most heavily disrupted by building site closures due to Covid. Housebuilder
The average price of a house is now almost €24,000 higher than it was a year ago, with the rise in prices more pronounced outside of city areas. As the Irish
Company to invest an estimated $30m in new manufacturing facility Medical device outsource manufacturer Integer is to expand its Galway operations with the construction of a new manufacturing facility that could lead
The project will start on time, and will finish on time — that was the promise from Cork Airport bosses last night as it shut down for 10 weeks for
Twenty-five new companies have been named among Ireland’s best managed companies by Deloitte. There are now 139 companies recognised by Deloitte as Ireland’s best managed firms. This year’s awards, which
The creation of about 70 jobs in Manchester by a Republic of Ireland construction specialist has been welcomed by the country’s Tánaiste, Leo Varadkar. The news of the move by
Ireland’s economy is surging ahead of its 26 EU partners as more sectors reopen post-pandemic. The latest figures put the country on course to record double-digit growth in 2021 and
Survey blames materials price increases of up to 40% for rising cost of building in capital. Building in Dublin is more expensive than Paris as material and labour shortages have
Building materials group Grafton said group revenue rose by close to 50% in the first half of the year as it experienced strong than expected trading. In a trading update the group
Ibec has welcomed the strong jobs numbers recently published by the CSO. The numbers provide more evidence of broad positive momentum in the economy, despite Brexit uncertainty. Employment grew by
John Paul Construction trebled profits to more than €6 million last year on the back of growth in Ireland and the UK, according to its latest accounts show. Accounts filed by
New order growth quickened in the Irish construction sector during July, helping to support a further sharp rise in activity and a stronger rate of job creation according to the
A new report released by JLL has found that Dublin as a New World City alongside cities such as Melbourne and Vancouver, has outperformed in recent years in terms of
According to the latest Dublin Economic Monitor, the pace of growth in the construction sector in Dublin is at its strongest in 16 years. The capital’s private sector is showing
Activity in the construction sector accelerated sharply last month and at one of the fastest rates in the 17-year history of the Ulster Bank Construction Purchasing Managers’ Index. The index
Businesses in the Munster region have given their overwhelming support to the proposed M20 motorway, with 98% stating it will enhance economic linkages between Cork and Limerick. Initial findings from
The Ulster Bank Construction PMI Report (RoI) has found that the rate of expansion remained strong in the Irish construction sector amid reports of improving client demand. New order growth
Wolseley, the world’s leading specialist distributor of plumbing and heating products, has announced revenue of €9.91 billion (£8.46 billion) for
Construction of new homes reached a seven-year high in January, as developers look to capitalise on Help to Buy by
A new academy has been set up in Co Armagh to address major skills gaps in the construction sector. The
Galway-based specialist engineering company Ward & Burke posted a pre-tax profit of €13.8 million last year, up 11%, thanks to
Activity in the construction sector rose sharply last month, according to the latest Purchasing Managers Index from Ulster Bank. Ulster
New figures from the Central Statistics Office show that the volume of output in building and construction increased by 0.9%
Builders’ merchant and DIY group Grafton recently announced a 13% increase in revenue for 2016 to just over £2.5 billion
The Minister for Housing, Planning, Community & Local Government Simon Coveney announced on Thursday that the pilot scheme that targets
Full year results for Cavan-based building materials producer, Kingspan, released on Friday, showed revenue up 12% to €3.1 billion in
Activity in the Irish construction sector rose sharply in January on the back of higher new orders, according to the
9,115 mortgages, valued at €1.81 billion were drawn down in the fourth quarter of 2016, according to figures released by
The number of mortgages approved in the three months ending December 2016 rose by 30.7% year-on-year and fell by 6.9% month-on-month, according
Searches for new homes increased by 125% on the back of the Help-to-Buy scheme launch, according to Irish property website Daft.ie.
Seasonally-adjusted production in the construction sector increased by 0.4% in both the euro area and the 28 EU member states
The Ulster bank Purchasing Managers’ Index (PMI) for December, released on Monday, showed that activity in the construction sector constinued
Commercial property consultants CBRE Ireland released statistics on Friday, detailing the volume and value of investment in Irish commercial property
Irish house price inflation is set to accelerate in 2017, potentially reaching double-digit levels, according to the MyHome.ie property report
The number of mortgages approved rose by 30.8% year-on-year and increased by 2.0% month-on-month, according to the latest figures from
The economy is growing at a solid pace, and the quantity and quality of buildings and infrastructure delivered by the
The number of apartment dwelling units granted planning permission in the third quarter of 2016 rose to 1,452, up from
House price inflation is expected to accellerate by year-end, according to research published by Davy Research on Monday. The analysis
The Construction Industry Federation (CIF) launched a career website on Monday in the wake of a report that construction activity
Irish construction firms continued to record strong activity growth during November, supported by a further sharp increase in new orders,
Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and
Retail property rents are expected to see increases of between 7 and 10 percent over the next 2 year,s according
136 new office buildings, totaling more than 12 million square feet, are planned to be built in Dublin over the
The Daft.ie Rental Report for the third quarter of 2016, released on Tuesday, November 8, called the lack of residential
Irish energy and trading services firm Electroroute has agreed a deal that will see Mitsubishi Corporation take a 60% stake
The Ulster Bank Construction Purchasing Managers Index (PMI) rose to 58.7 last month, as Irish construction continues to expand. The
Flynn Management & Contractors has reported a significant growth in 2015 and predicts a revenue of approximately €100m for 2016.
CRH, a building materials group, has stated that its first-half earnings most likely rose by 10% ahead of its preceding guidance, an advancement examiners connect to powerful trading in its main market, the United States.
The Government’s Action Plan on Housing and Homelessness, ‘Rebuilding Ireland’ was launched today by Taoiseach Enda Kenny, Housing Minister Simon Coveney, Public Expenditure Minister Paschal Donohoe and Minister of State Damien English.
The Government has formally released its housing and homelessness project labeled ‘Rebuilding Ireland’.
Grafton Group recorded a 13.3% rise in first half revenue and said despite the uncertainty created by U.K.’s decision to
Confidence on the growth prospects for the Construction sector was close to a record high last month, according to the latest Ulster Bank Purchasing
The Magazine – Construction Summit
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