RTÉ has accepted a bid of €107.5 million from property group Cairn Homes for 8.64 acres of land at its Montrose complex in Donnybrook. In a statement released this week,
Property
One of Cork’s most historic hotels, the Metropole, is set to get a €50 million investment that will double its rooms tally, add shops at ground level and see the
Canadian property investment firm, Timbercreek Asset Management, has launched its Irish commercial property lending business, with €200 million available to support property investment projects. Paul Roddy will lead Timbercreek’s Irish
Planning permission has been approved for Northern Ireland’s largest office building, One Bankmore Square. When complete, the Belfast building will extend to 250,000sq ft of office space, complete with 8,000sq
JP Morgan has agreed a deal to buy 200 Capital Dock in Dublin city centre as part of its plans to create up to 500 new jobs here. According to
Dublin’s tallest office building, The Exo, will stand at 73m high and could accommodate up to 2,000 office workers. Located at Point Square in Dublin’s Dockland’s, it was announced this
According to the latest property price index from the Central Statistics Office (CSO), residential property prices at national level increased by 10.7% in the year to February. This compares with
Saudi Arabia’s Fawaz Alhokair Group is believed to be acquiring two Waterford City centre sites for a new shopping centre and other commercial facilities with a planned spend of around
The Galway Irish Crystal showrooms and factory at Old Dublin Road, opposite Merlin Park Hospital in Galway, has been bought by the resident company for approximately €3.5 million. Developer Bernard
City Development Fund, a sub-fund of Targeted Investment Opportunities ICAV (TIO) has just confirmed that Irish Life will pre-fund the €125 million development of 13-18 City Quay in Dublin’s docklands.
Savills has just announced the sale of prime development lands in Donnybrook, Dublin 4 – one of the City’s most prestigious and high value residential locations. Entitled ‘Project Montrose’ the
The Department of Finance has announced that tax breaks for “accidental landlords” could be applied to keep properties in the rental market and boost supply. These tax breaks would also
Under new regulations being drafted by the Department of Housing, owners of empty commercial buildings will be able to convert their properties into apartments without seeking planning permission. Vacant residential buildings
The European Investment Bank confirmed on Thursday support for record new investment in social housing totalling €405 million that will construct and improve thousands of properties across Ireland. It is
The Minister for Housing, Planning, Community & Local Government Simon Coveney announced on Thursday that the pilot scheme that targets vacant properties and secures them for social housing, by financing
9,115 mortgages, valued at €1.81 billion were drawn down in the fourth quarter of 2016, according to figures released by Banking and Payments Federation Ireland on Thursday. These latest figures
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 to figures released by the Banking & Payments Federation Ireland on
Searches for new homes increased by 125% on the back of the Help-to-Buy scheme launch, according to Irish property website Daft.ie. The website, which has 2.21 million unique users per month,
A €20 million office development at Camden Place will provide 150 construction jobs with up to 500 jobs coming on-stream in Cork city centre on completion, the Cork Chamber of
Real estate companies Hines and Peterson Group have entered a partnership to acquire two iconic Dublin properties – the Central Bank buildings on Dame Street and 2 Grand Parade in
Seasonally-adjusted production in the construction sector increased by 0.4% in both the euro area and the 28 EU member states in November compared with October, Eurostat, the statistical office of the
CBRE on Monday offered a residential development opportunity at Annefield House, Taney Road, Dundrum, Dublin 14 to the open market by way of Private Treaty. The site, extending to approximately
Commercial property consultants CBRE Ireland released statistics on Friday, detailing the volume and value of investment in Irish commercial property in 2016 and showing that a total of €4.5 billion
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
Allsop’s final auction of 2016 took place this week with 158 properties sold and total sales of over €28m, Daft.ie’s
The number of apartment dwelling units granted planning permission in the third quarter of 2016 rose to 1,452, up from
A map of Luas and DART stops, published by Daft on Friday, highlights the most and least expensive areas to
Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and
The Sligo East City, Cranmore and Environs Regeneration Project was launched at a showcase community event in Cranmore, Sligo on
Retail property rents are expected to see increases of between 7 and 10 percent over the next 2 year,s according
Research conducted by Daft.ie has found that 25% of available projects that qualify for the first-time buyers scheme are located
AIB announced on Tuesday, November 22, that it had approved over €300 million in loans to the hotel sector in
A development partner is being sought to develop a 2.4 acre site, previously known as the ‘Florentine Centre’, in Bray,
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
The Grafton collection, a multi-let block of retail buildings at the junction of Grafton Street and Duke Street in Dublin,
Located just opposite the harbour and the DART station, Dún Laoghaire’s Pavilion development has been placed on the market with
Nearly a quarter of all households in Dublin are living in private rental accommodation, according to new research based on
Delays as long as 18 months for housing developments to go through the planning system could be adding as much
Developers Greg Kavanagh and Patrick Crean have pulled out of a planning application to build more than 350 homes and
Minister for Housing, Planning, Community and Local Government, Simon Coveney, has announced the details of Pillar 2 ‘Accelerate Social Housing’
Private property group Ballymore has officially launched its new docklands development, Dublin Landings, at an event at the CHQ Building
Delegates at the Construction Industry Federation’s (CIF) annual conference at Croke Park have heard how the construction industry will play
New figures provided by the Building Information Index suggest that the value of construction projects in Ireland has risen significantly
Two new reports on the Irish housing market, commissioned by myhome.ie and daft.ie respectively, have warned of the shortfall in
Rabobank’s headquarters at Charlemont Exchange on the banks of the Grand Canal in Dublin 2 is up for sale for
The Economic and Social Research Institute (ESRI) has issued a warning for house construction in their latest Quarterly Economic Commentary
A leading housing academic has claimed that the supply of new homes in Ireland may up to 75% less than
A 22,000 sq m development at Liffey Valley Shopping Centre in Dublin has been granted planning permission. The development will include
A group of Dublin 4 residents are trying block plans by Denis O’Brien-backed property firm from constructing a new €50m
Kennedy Wilson has stated it is aware of both the risks and opportunities that may occur in the investment and occupier markets, due to Brexit.
Paddy McKillen Jr of Chirita Ltd has said he is confident he can agree a plan with Dublin City Counci to go forward with plans to build a new 93-bedroom hotel on North Wall Quay located in Dublin’s docklands.
The Twelfth Lock Hotel, which overlooks the Royal Canal at Castleknock in Dublin has been sold for approximately €2.4m in a private contract sale.
As reported by Central Bank economists who conducted new research, the proportion of houses and apartments purchased by cash buyers rose from 25% at the peak of the property boom to 60% in 2014.
One Dockland Central in Dublin’s IFSC is now the home of Communications regulator, Comreg, having signed a 20-year lease.
The expected removal by Nama of Project Tolka, a sale of approximately €1.5bn, is certain to be postponed beyond August 31, the date by which it had been assumed to be put on the market.
The Liffey Valley shopping centre, located in west Dublin, is due to go on the market with an asking price of at least €600m following the selection by its owners of Eastdil Secured LLC to broker the purchase.
The Magazine – Construction Summit
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