Construction BUSINESS

Investment

Government Set to Revitalise A5 Route in NI with Multi-Million Euro Commitment

    Government Set to Revitalise A5 Route in NI with Multi-Million Euro Commitment

The Irish Government is set to inject significant funding, amounting to hundreds of millions of euros, into the transformation of the dangerous A5 road in Northern Ireland. The A5, connecting

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Irish Government Launches €21 Million Grant Program for Electric Vehicle Charging Infrastructure

    Irish Government Launches €21 Million Grant Program for Electric Vehicle Charging Infrastructure

In a significant move towards promoting electric vehicle (EV) adoption, the Irish government has unveiled a €21 million (£18m) grant program aimed at installing new EV recharging infrastructure along the

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Breedon at Crossroads: RBC’s Dual Prescription for Steady Income or Ambitious Growth

    Breedon at Crossroads: RBC’s Dual Prescription for Steady Income or Ambitious Growth

RBC Capital Markets has initiated coverage on Breedon, a major player in construction materials, with an ‘outperform’ rating and a 575p price target. The firm faces a critical decision between

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‘Funding to deliver is key’ for NI infrastructure.

    ‘Funding to deliver is key’ for NI infrastructure.

As the Chair of the Northern Ireland Assembly Infrastructure Committee and Northern Ireland’s Minister for Infrastructure outline their priorities, completion of a clear Investment Strategy for Northern Ireland should be

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Minister Paschal Donohoe Applauds ESRI’s In-Depth Analysis of National Development Plan, Acknowledges Risks and Prioritisation for Sectoral Allocations

    Minister Paschal Donohoe Applauds ESRI’s In-Depth Analysis of National Development Plan, Acknowledges Risks and Prioritisation for Sectoral Allocations

Minister for Public Expenditure, NDP Delivery, and Reform, Paschal Donohoe T.D., expressed his appreciation today for the release of the ESRI’s report titled ‘The National Development Plan in 2023: priorities

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Greenlight for Portugal high-speed rail PPP

    Greenlight for Portugal high-speed rail PPP

Approval of a tender for a high-speed rail project for Portugal is a key decision for the European infrastructure investment and delivery sector, writes David Keniry. The approval by the

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Elliott Group Completes Stunning Dunnes Stores Fit-Out in Point Village

    Elliott Group Completes Stunning Dunnes Stores Fit-Out in Point Village

Elliott Group’s Fit Out Division proudly announces the successful completion of an impressive 5500 m2 fit-out project spanning two floors for the recently opened Dunnes Stores in Point Village, just

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Ireland’s Construction Sector Shines: Euroconstruct Forecasts Robust Growth Amidst European Challenges

    Ireland’s Construction Sector Shines: Euroconstruct Forecasts Robust Growth Amidst European Challenges

A recent analysis conducted by Euroconstruct, the construction market forecasting network, offers an optimistic outlook for Ireland’s construction sector. The study foresees the completion of approximately 33,450 new homes in

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Fixed transport links floated for Shannon Estuary

    Fixed transport links floated for Shannon Estuary

The Government of Ireland’s Response to the seminal Shannon Estuary Economic Taskforce Report suggests transport investments are ramping up in the Mid-West. By David Keniry, January 2024 The Implementation Update

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Dublin City Council Gives Nod to €100 Million Transformation of St Stephen’s Green Shopping Centre, Balancing Progress with Preservation

    Dublin City Council Gives Nod to €100 Million Transformation of St Stephen’s Green Shopping Centre, Balancing Progress with Preservation

In a significant development, Dublin City Council has given the green light to a €100 million redevelopment plan for the St Stephen’s Green Shopping Centre, a prominent landmark in the

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LDA completes purchase of Clongriffin lands with potential to deliver over 2,300 homes

    LDA completes purchase of Clongriffin lands with potential to deliver over 2,300 homes

The Land Development Agency (LDA) has completed the purchase of lands in Clongriffin in north Dublin with existing planning permission for over 1,800 homes and the potential to deliver a

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Proposals Underway for Significant Housing Developments in Northern Cork

    Proposals Underway for Significant Housing Developments in Northern Cork

Construction is on the horizon for three substantial housing projects set to unfold in various locations across North Cork in the year 2024. Developers have formally sought planning permission, marking

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Co Wexford Housing: 2023 Recap and 2024 Projections

    Co Wexford Housing: 2023 Recap and 2024 Projections

In Co Wexford’s real estate realm, 2023 witnessed a modest 0.3 per cent uptick in house prices, a shift from the preceding three years of significant increases. The persistent hurdle

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Government Unveils Construction Jobs Boost Plan

    Government Unveils Construction Jobs Boost Plan

The government has introduced the ‘Careers in Construction Action Plan’ to address the shortage of workers in the construction sector. The plan focuses on recruiting and retaining more workers through

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Ireland forecast to record strongest construction growth amongst 19 European countries as output declines across the Continent – Euroconstruct

    Ireland forecast to record strongest construction growth amongst 19 European countries as output declines across the Continent – Euroconstruct

Construction output in Ireland is forecast to grow at the strongest rate among 19 European countries, expanding by 3.2% this year and 4.4% in 2024. This comes at a time

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CRH agrees $2.1 billion US acquisition and $1.1 billion European divestment

    CRH agrees $2.1 billion US acquisition and $1.1 billion European divestment

CRH plc, the leading provider of building materials solutions, has reached an agreement to acquire an attractive portfolio of cement and ready-mixed concrete assets in Texas, USA from Martin Marietta

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€9 million in funding for 2024 built heritage schemes

The Government has launched the Built Heritage Investment Scheme (BHIS) and the Historic Structures Fund (HSF) for 2024. The total funding of €9 million across the two schemes is expected to support repair

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Hagan Homes commences Phase 3 of Enler Village development in Northern Ireland

    Hagan Homes commences Phase 3 of Enler Village development in Northern Ireland

Hagan Homes, the award-winning company that has built over 5000 homes across Northern Ireland since 1988, has begun Phase 3 of its Enler Village development in Comber, County Down, representing a

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Payback for solar panels drops to six years

    Payback for solar panels drops to six years

The average household can achieve freedom from costly electricity bills in just over six years by converting to solar panels, the latest Swyft Energy Solar PV Index has found. With

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Almac Group releases details of £80 million expansion in Northern Ireland

    Almac Group releases details of £80 million expansion in Northern Ireland

The Almac Group, which provides a range of contract pharmaceutical development and manufacturing services globally, has announced details of an £80 million investment programme to build new extensive manufacturing, production

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Official commencement of major €166 million project for Rosslare Europort

    Official commencement of major €166 million project for Rosslare Europort

A sod-turning event has taken place to mark the commencement of works for Rosslare Europort Terminal 7 and enabling works. These upgrade works are necessary to provide permanent Brexit infrastructure

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Kingspan creates ‘covolve’ a new digital accelarator

    Kingspan creates ‘covolve’ a new digital accelarator

Covolve a new digital accelerator backed by international building materials firm Kingspan, was launched recently at the company’s global innovation centre in Kingscourt, Ireland. The launch follows a five-year digital

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PepsiCo to invest further €39 million in Cork facility

    PepsiCo to invest further €39 million in Cork facility

PepsiCo, a global food and beverage leader, has announced a €39 million expansion of its manufacturing facilities at its site in Little Island, County Cork. The move follows the completion

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Construction Industry Federation welcomes increased provisions for capital spending in Budget ’24

    Construction Industry Federation welcomes increased provisions for capital spending in Budget ’24

In response to Budget 2024 Hubert Fitzpatrick, Director General of the Constriction Industry Federation, said: “We welcome the increased provisions

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Henry Brothers awarded £30 million contract for new Advanced Manufacturing Innovation Centre in Northern Ireland

    Henry Brothers awarded £30 million contract for new Advanced Manufacturing Innovation Centre in Northern Ireland

A contractor has been appointed for the Queen’s University-led Advanced Manufacturing Innovation Centre (AMIC), a £100 million Belfast Region City

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Lidl plans €11m investment for new store in Dublin’s Clonshaugh

    Lidl plans €11m investment for new store in Dublin’s Clonshaugh

Lidl Ireland plans to invest €11 million in a new “state-of-the-art” store in Clonshaugh, Dublin. The supermarket chain on Tuesday

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Investment in Irish property soars to €3.5bn so far in 2021 – Savills

    Investment in Irish property soars to €3.5bn so far in 2021 – Savills

Almost €800m was invested in the Irish property market in the third quarter of this year, which is 25% higher

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Integer to add up to 200 jobs as it expands Galway operations

    Integer to add up to 200 jobs as it expands Galway operations

Company to invest an estimated $30m in new manufacturing facility Medical device outsource manufacturer Integer is to expand its Galway operations with

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Irish economy growing at the fastest rate in EU

    Irish economy growing at the fastest rate in EU

Ireland’s economy is surging ahead of its 26 EU partners as more sectors reopen post-pandemic. The latest figures put the

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Consumer confidence rises but business sentiment slips – Bank of Ireland

    Consumer confidence rises but business sentiment slips – Bank of Ireland

Bank of Ireland’s latest Economic Pulse shows that consumer confidence rose in August but business sentiment slipped. Bank of Ireland

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50 solar farms across Ireland and UK to be financed by German bank

    50 solar farms across Ireland and UK to be financed by German bank

50 solar farms across Ireland and the UK are to be financed by German bank Berenberg. Berenberg Green Energy Junior

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CU Greener Homes scheme a one stop solution for home energy efficiency upgrades, credit union members will have warmer, more comfortable homes

    CU Greener Homes scheme  a one stop solution for home energy efficiency upgrades,  credit union members will have warmer, more comfortable homes

Motivated by comfort and warmth as well as energy savings, homeowners across Ireland are looking to invest in home improvements

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Kingspan agrees €253m deal for Logstor

    Kingspan agrees €253m deal for Logstor

Insulation and building materials manufacturer Kingspan has agreed a deal with Langley Co-Invest to buy 100% of the shares of

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Another Year of Solid Growth For Kingspan

    Another Year of Solid Growth For Kingspan

Kingspan, the global leader in high-performance insulation and building envelope solutions, has reported a 7% increase in group revenue to

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CIF Proposes Actions For the Next Government

    CIF Proposes Actions For the Next Government

Any future Government will require a thriving and dynamic construction industry to deliver any promises made during the election, according

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Initiative Ireland to Expand Operations in Ireland and the UK

    Initiative Ireland to Expand Operations in Ireland and the UK

Initiative Ireland, the property finance and impact investment specialist, has announced that it plans to expand operations to fund the

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BAM Consortium Completes N25 New Ross Bypass PPP

    BAM Consortium Completes N25 New Ross Bypass PPP

The N25 New Ross Bypass PPP Scheme, delivered by the BAM/ ACS consortium on behalf of Transport Infrastructure Ireland (TII),

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Belfast Firm to Drive Growth in Northern Ireland and Uganda With Development Project

    Belfast Firm to Drive Growth in Northern Ireland and Uganda With Development Project

The UK Government has announced that Belfast-based construction firm Lagan is to develop a $246 million business park in Uganda

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Derry Engineering Firm, Gallagher and McKinney, Expands

    Derry Engineering Firm, Gallagher and McKinney, Expands

Gallagher and McKinney Ltd has built a new manufacturing facility at Skeoge Industrial Park, and is creating 14 new jobs.

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Cairn Announces Sale of 229 Units in Lucan

    Cairn Announces Sale of 229 Units in Lucan

Cairn Homes plc has announced the forward sale of 229 private rental sector (PRS) residential units in Lucan, Dublin 22

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€300 Million Investment in Irish Solar Energy Sector

    €300 Million Investment in Irish Solar Energy Sector

Obton has announced details of its €300 milion investment in the Irish solar energy sector. Obton, a Danish solar photovoltaic (PV) business,

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€35 Million Social and Climate Investment Across Cork County

    €35 Million Social and Climate Investment Across Cork County

The European Investment Bank has signed a €35 million loan agreement with Cork County Council to support the Council’s Social

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Equity Fund Raises €50 Million to Deliver 2,000 New Homes

    Equity Fund Raises €50 Million to Deliver 2,000 New Homes

Pearl Property Managers Ltd has launched a new €50 million Residential Equity Fund which will provide equity investment for residential

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Lidl Opens New €100 Million Distribution Centre

    Lidl Opens New €100 Million Distribution Centre

Lidl has opened its new €100 million Distribution Centre in Newbridge, County Kildare. The state-of-the-art facility, which represents the single

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First New Nursing Home in €250 Million Healthcare Investment

    First New Nursing Home in €250 Million Healthcare Investment

BlackBee Group has announced that it is about to move to planning on the first new nursing home under its

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UAE and Qatar Export Success Leads to New Jobs at Derry-based Joule

    UAE and Qatar Export Success Leads to New Jobs at Derry-based Joule

Technical fire engineering services specialist, Joule Group is winning new business in United Arab Emirates (UAE) and Qatar following R&D

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Construction Activity Declines at Fastest Pace Since June 2013

    Construction Activity Declines at Fastest Pace Since June 2013

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – fell

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Chadwicks Launches New Fixing Centre

    Chadwicks Launches New Fixing Centre

Chadwicks, Ireland’s leading building merchanting company, has officially launched the Chadwicks Fixing Centre at Thomas Street, Dublin 8. The launch

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NTR Secures Finance For Construction of Two Wind Farms

    NTR Secures Finance For Construction of Two Wind Farms

NTR has successfully closed two project debt facilities back-to-back in recent weeks with Nord/LB  for a combined €45 million. The debt facilities are being used to

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Extension of the Help to Buy Scheme Key to Solving Housing Crisis

    Extension of the Help to Buy Scheme Key to Solving Housing Crisis

CIF is calling for an extension of the Help to Buy scheme as a top priority in their recent Pre-Budget

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Global Infrastructure Investment to Grow by 4.8% to 2023

    Global Infrastructure Investment to Grow by 4.8% to 2023

Global infrastructure construction is forecast to grow by 4.8% on an annual average basis in real terms between 2019 and

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Maynooth University’s New ‘Technology Society and Innovation Project’

    Maynooth University’s New  ‘Technology Society and Innovation Project’

Maynooth University has welcomed a capital grant of €25 million from Government for a major new building project to support

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Jacobs Announces 200 New Jobs in Ireland

    Jacobs Announces 200 New Jobs in Ireland

Jacobs announced 200 new jobs for Ireland over the coming two years, as it unveiled a €4.5 million investment in

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RIAI Priorities For Budget 2020 Include Housing, Environment and Better Use of Public Funds

    RIAI Priorities For Budget 2020 Include Housing, Environment and Better Use of Public Funds

The Royal Institute of the Architects of Ireland has called upon the Government to use Budget 2020 to address serious

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Swords Cultural Quarter Development Continues as Preparations are Made For New Civic Plaza

    Swords Cultural Quarter Development Continues as Preparations are Made For New Civic Plaza

Fingal County Council continues to drive forward with its flagship Swords Cultural Quarter project with significant preparatory work taking place

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€100 Million Redevelopment of Former Home of Smithwick’s Brewery in Kilkenny Commences

    €100 Million Redevelopment of Former Home of Smithwick’s Brewery in Kilkenny Commences

Mythen Construction has broken ground on the prestigious new development at Abbey Quarter in the centre of Kilkenny. The breaking

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Lagan Investment’s Acquires Majority Stake in GB Business

    Lagan Investment’s Acquires Majority Stake in GB Business

Lagan Investments, the investment vehicle formed following the sale of Kevin Lagan’s building materials business to Breedon in 2018, has

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PropertyBridges.com Announces New Investment Partnerships With Lagan Investments and Enterprise Ireland

    PropertyBridges.com Announces New Investment Partnerships With Lagan Investments and Enterprise Ireland

Propertybridges.com, Ireland’s peer to peer lender to the property sector, has announced that it is bringing on further investment partnerships

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