Construction BUSINESS

Investment

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 new €250 million healthcare investment fund. The site, at Glanmire

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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 investment. The new contracts are being delivered by the team

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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 to 46.2 in October from 48.3 in September. The rate

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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 coincides with the opening of the newly revamped branch which

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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 finance the construction of two wind farms in the Republic

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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 2020 Submission. Many house builders have reported that between 40%

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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 2023. This will be propelled by Asia, where growth is

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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 the University’s rapidly growing student population. The €25 million contribution

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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 its office in Cork. The company, which provides end-to-end solutions

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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 social issues including the on-going housing crisis, Ireland’s response to

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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 recently which will ultimately form part of a new civic

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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 ground ceremony was attended by Eoin Murphy, Minister for Housing,

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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 acquired a majority stake in Frame-Tech Structures Ltd, a manufacturer

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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 with Lagan Investments Ltd and Enterprise Ireland. Lagan Investments Ltd is

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€1 Billion Investment Plan For 4,500 New Homes in South Dublin

    €1 Billion Investment Plan For 4,500 New Homes in South Dublin

South Dublin County Council have considered proposals that could deliver up to 4,500 new homes to the area. The total investment envisaged under the ambitious housing plan is in excess

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Completion of Center Parcs Longford Forest Project

    Completion of Center Parcs Longford Forest Project

An Taoiseach, Leo Varadkar TD, has officially marked the completion of the landmark €233 million forest resort – Center Parcs Longford Forest. Following an almost two-year construction process Center Parcs

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Dowds Group to Create 68 New Jobs in Construction Sector

    Dowds Group to Create 68 New Jobs in Construction Sector

Ballymoney-based Dowds Group, a mechanical, electrical, facilities management and build contractor, has announced that it will create 68 new jobs by 2021 to support planned export growth. The Invest Northern

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Energia Group Announces Over €3 Billion Renewable Energy Investment Programme For Ireland

    Energia Group Announces Over €3 Billion Renewable Energy Investment Programme For Ireland

Energia Group, the major all-island energy provider and infrastructure investor across Renewable Technologies, Flexible Generation and Customer Solutions, will invest over €3 billion in Irish renewable energy generation and related

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EU Invests €35 Million to Improve Water Quality in Carlingford Lough and Lough Foyle

    EU Invests €35 Million to Improve Water Quality in Carlingford Lough and Lough Foyle

A major cross-border project which aims to improve water quality in Carlingford Lough and Lough Foyle through enhanced wastewater treatment has been launched. The Shared Waters Enhancement & Loughs Legacy (SWELL)

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€350 Million Dublin Airport Investment

    €350 Million Dublin Airport Investment

The European Investment Bank (EIB) is lending €350 million to daa (Dublin Airport Authority) to help fund an existing investment programme at Dublin Airport aimed at upgrading airfield and passenger

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Over 10,000 Workers Joined the Irish Construction Workforce in 2018

    Over 10,000 Workers Joined the Irish Construction Workforce in 2018

A new report from the CIF shows that 10,600 extra workers joined the construction workforce in 2018, up 8% year on year and bringing the total workforce to 145,500. There

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Construction Works Begin on €325 Million WuXi Biologics Dundalk Facility

    Construction Works Begin on €325 Million WuXi Biologics Dundalk Facility

The new €325 million state-of-the-art WuXi Biologics facility has begun to take structural form as steel erection begins on the company’s 52-acre campus site in Dundalk. Work is on schedule

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Belfast Harbour Awards Largest Ever Contract to Local Construction Company

    Belfast Harbour Awards Largest Ever Contract to Local Construction Company

At £50 million, City Quays 3, which will accommodate 1,800 people, represents Belfast Harbour’s largest development project to date and is the latest component of its very successful City Quays

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€700,000 Peer to Peer Finance Raised in Just 5 Days For Waterford Housing Development

    €700,000 Peer to Peer Finance Raised in Just 5 Days For Waterford Housing Development

Propertybridges.com, Ireland’s peer to peer lender to the property development marketplace, has filled its biggest loan so far – €700,000

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National Broadband Ireland Announced as Preferred Bidder For National Broadband Plan

    National Broadband Ireland Announced as Preferred Bidder For National Broadband Plan

National Broadband Ireland, the Granahan McCourt led Consortium bidding for the Government of Ireland’s National Broadband Plan (NBP), has been announced as

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Energia Group Agrees €44 Million Debt Finance Package For New Bioenergy Plant

    Energia Group Agrees €44 Million Debt Finance Package For New Bioenergy Plant

Energia Group, one of Ireland’s leading energy providers and infrastructure investors, has agreed a €44 million debt finance package with Allied

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Funding to Build Two New Housing Developments in Waterford

    Funding to Build Two New Housing Developments in Waterford

Propertybridges.com, Ireland’s peer to peer lender to the property development marketplace, has launched its biggest loan so far – €750,000

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Strong Start For Irish Commercial Property Investment

    Strong Start For Irish Commercial Property Investment

Irish commercial property investment reached more than €609 million in Q1 2019 marking a strong start to the year, according

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Gyproc Continues Monaghan Investments With New Work at Knocknacran

    Gyproc Continues Monaghan Investments With New Work at Knocknacran

Following a competitive tendering process, Gyproc Ireland, which mines gypsum at Knocknacran quarry for use in its factory in Kingscourt,

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200 Construction Jobs at Johnson & Johnson Vision Care Limerick Facility

    200 Construction Jobs at Johnson & Johnson Vision Care Limerick Facility

Approximately 200 workers are expected to be employed in the construction phase of Johnson & Johnson Vision Care’s planned €100 million expansion

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Cork Airport Opens New Airport Control Centre and Office Facilities

    Cork Airport Opens New Airport Control Centre and Office Facilities

Cork Airport, Ireland’s fastest growing and most punctual airport, has opened a new Airport Control Centre (ACC) and purpose-built office

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Construction to Start For First Stage of National Social Housing Programme

    Construction to Start For First Stage of National Social Housing Programme

534 new homes will be built in Dublin, Louth, Wicklow and Kildare in the first phase of Ireland’s first social

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€31 Million Project Secured For Floating Wind Project Off the West Coast

    €31 Million Project Secured For Floating Wind Project Off the West Coast

A €31 million project has been approved for an ambitious four-year floating offshore wind project. Subject to consenting, it is planned

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New Opportunities For Construction Companies as Dublin Airport Invests Over €1 Billion in Capacity Expansion

    New Opportunities For Construction Companies as Dublin Airport Invests Over €1 Billion in Capacity Expansion

Having welcomed 31.5 million passengers during 2018 – a new record – Dublin Airport is currently being expanded to ultimately

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OPW Prepared For No Deal Brexit

    OPW Prepared For No Deal Brexit

“If there is a ‘crash-out’, we will be ready. We are working 24/7,” said Maurice Buckley (pictured), Chairman of the

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€13.7 Million Capital Investment For IT Sligo Under Project Ireland 2040

    €13.7 Million Capital Investment For IT Sligo Under Project Ireland 2040

IT Sligo has been successful in its application of funding for the development and upgrade of the K&L Block on

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National Construction Summit – This Thursday, 14th March 2019 – Citywest Exhibition Centre, Dublin

    National Construction Summit – This Thursday, 14th March 2019 – Citywest Exhibition Centre, Dublin

There is still time left to register to attend the fifth National Construction Summit, which will be held on Thursday,

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Work Commences on Sligo N4 Dual Carriageway

    Work Commences on Sligo N4 Dual Carriageway

Limerick civil engineering company Roadbridge is gearing up to begin work on the N4 Collooney to Castlebaldwin construction project. The contract

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Cairn Homes in New Joint Development With NAMA

    Cairn Homes in New Joint Development With NAMA

Cairn Homes plc, the leading Irish homebuilding company, has announced the signing of an investment venture agreement with the National

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€3.6 Billion of Investment in Irish Property Transacted in 2018

    €3.6 Billion of Investment in Irish Property Transacted in 2018

€3.6 billion of Irish property traded during the year 2018 across nearly 200 deals. This level is significantly higher than

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Hines and APG Announce Additional €700 Million ‘Build-to-Rent’ Investment Program For Wider Dublin

    Hines and APG Announce Additional €700 Million ‘Build-to-Rent’ Investment Program For Wider Dublin

Hines, the international real estate firm, and partner APG Asset Management (APG) have commenced construction on the first new apartment

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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

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Fáilte Ireland Calls For Investment in Hotels Across Key Cities

    Fáilte Ireland Calls For Investment in Hotels Across Key Cities

Fáilte Ireland has highlighted major investment opportunities in hotel stock in key cities. Its latest report on the current and

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Kevin Lagan Sets Out Investment Plans Following £455 Million Sale

    Kevin Lagan Sets Out Investment Plans Following £455 Million Sale

Following the landmark sale of his materials business to Breedon plc in April 2018, Kevin Lagan has outlined his plans

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Opening of €11 Million Social Housing Development in Dublin

    Opening of €11 Million Social Housing Development in Dublin

Oaklee Housing’s newest €11 million turnkey development in Stormanstown House, Dublin, has been officially opened, further reducing the social housing

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Dublin Airport North Runway Construction Contract Awarded to Irish-Spanish Consortium

    Dublin Airport North Runway Construction Contract Awarded to Irish-Spanish Consortium

daa has awarded the main construction contract for Dublin Airport’s new North Runway to a joint venture comprising Irish firm

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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

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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

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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

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Clayton Hotel Ballsbridge Unveils New Look After Major Refurbishment

    Clayton Hotel Ballsbridge Unveils New Look After Major Refurbishment

Clayton Hotel Ballsbridge has unveiled the final elements of a major refurbishment that sees the hotel provide an enhanced offering

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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,

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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

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Grand Canal Innovation District Planned For Dublin

    Grand Canal Innovation District Planned For Dublin

A far-reaching plan for the creation of the Grand Canal Innovation District in Dublin has been launched. The proposal from

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PREM Group to Invest Over €1.6 Million in Hotel Refurbishment

    PREM Group to Invest Over €1.6 Million in Hotel Refurbishment

International hotel management company PREM Group has secured the purchase of the well-known Aspect Hotel in Kilkenny. The Irish owned

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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;

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Ireland is 9th Most ‘Highly Transparent’ Property Market in the World

    Ireland is 9th Most ‘Highly Transparent’ Property Market in the World

The latest JLL Global Real Estate Transparency Index (GRETI) shows that Ireland’s property market ranks within the most ‘highly transparent’

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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

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College Group to Construct New €10 Million Biofuel Facility in County Meath

    College Group to Construct New €10 Million Biofuel Facility in County Meath

College Group is to invest €10 million in building a new renewable energy facility producing biofuel from used cooking oil

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