Construction BUSINESS

Leinster

Coveney announces €32 Million for Repair and Leasing Scheme

    Coveney announces €32 Million for Repair and Leasing Scheme

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 the cost of repairs, is to be rolled out on a national basis. An additional €26 million is being provided to fund the scheme in […]

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More Than €8 Billion Worth of Construction Projects Went On-Site in 2016 – CIS

    More Than €8 Billion Worth of Construction Projects Went On-Site in 2016 – CIS

Over €8 Billion worth of construction projects went on-site in 2016 according to Construction Information Services (CIS) on Wednesday. The finding comes from the recently published 2016 Construction Market Review that also shows that almost €11 Billion worth of projects moved to Plans Granted stage while over 16,500 residential units were granted planning permission.
CIS says the €8 […]

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Free Trade Registration Open for Construction and Quarry Machinery Show

    Free Trade Registration Open for Construction and Quarry Machinery Show

Free trade registration is now open for  CQMS’17 Construction and Quarry Machinery Show on Friday, April 21st.
The show in Tullamore, Co Offaly, will see 200 exhibitors showcase over €70 million worth of equipment to 8,000 visitors. CQMS’17 will also facilitate factory visits to equipment manufacturers North & South. Friday, April 21st, is a trade day and registration is […]

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Athlone IT Launches Polymer Engineering Scholarships

    Athlone IT Launches Polymer Engineering Scholarships

A persistent shortage of polymer engineering talent in Ireland has prompted the launch of a new scholarship programme, Athlone Institute of Technology announced on Thursday. The JL Goor Polymer Engineering Scholarships, sponsored by the Institute of Materials, Minerals and Mining (IOM),  will enable two CAO applicants to pursue a polymer degree qualification while receiving a […]

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Hines and Peterson Group Acquire Landmark Dublin Properties

    Hines and Peterson Group Acquire Landmark Dublin Properties

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 Dublin 6, it was announced on Tuesday. These two prime acquisitions represent Peterson Group’s first investments in Ireland and also its first partnership with Hines.
Hines and […]

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1.8 Acre Residential Development Opportunity in Dundrum

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 0.72 hectares (1.8 acres), located in Dundrum provides an opportunity to develop an intimate housing scheme in close proximity to local facilities and amenities.
The lands, […]

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House Price Inflation May Hit Double-Digit Levels in 2017

    House Price Inflation May Hit Double-Digit Levels in 2017

Irish house price inflation is set to accelerate in 2017, potentially reaching double-digit levels, according to the MyHome.ie property report for the final quarter of 2016.
“Clearly low stock levels will be the main driver of what’s happening in the market and will be for the foreseeable future,” MyHome.ie Managing Director Angela Keegan said. “Our report […]

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Dublin Warehouse Nets Most Bids Ever Recorded at Allsop Online Auction

    Dublin Warehouse Nets Most Bids Ever Recorded at Allsop Online Auction

Allsop’s final auction of 2016 took place this week with 158 properties sold and total sales of over €28m, Daft.ie’s Martin Clancy reported on Monday.
“The auction was characterised by competitive bidding from investors targeting properties with strong rental income and potential for asset management,” Allsop’s Divisional Director, Jonathan Fenn, said. “A mixed-use investment in Tuam […]

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DART & Luas Map Illustrates Dublin Rental Prices

    DART & Luas Map Illustrates Dublin Rental Prices

A map of Luas and DART stops, published by Daft on Friday, highlights the most and least expensive areas to live in Dublin. According to the maps, commuters living on the LUAS green line in Dublin pay on average €1,553 a month in rent.
The average cost to rent a property close to a DART station […]

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€10 Million Expansion to Warmth & Wellbeing Scheme

    €10 Million Expansion to Warmth & Wellbeing Scheme

The Warmth & Wellbeing pilot scheme, which provides energy free efficiency upgrades to homes in some areas of Dublin, will be expanded next year, Minister for Communications, Climate Action and Environment Denis Naughten announced on Thursday. The scheme, which covers people over 55 in Dublin 12 and 24 who have respiratory conditions and are in […]

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Dublin Ranked Fourth Most Attractive City for Property Investment

Photo credit: Hans-Peter Bock hpbock@avaapgh.de
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 €4 billion of real estate activity in the 12 months before September 2016, putting it behind Berlin, Hamburg and Frankfurt, and […]

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West Pharmaceuticals Mulhuddart Expansion Completed

    West Pharmaceuticals Mulhuddart Expansion Completed

Medical manufacturer West Pharmaceutical Services, Inc. announced on Tuesday, November 29, the completion of a 60,000 square foot expansion at its contract manufacturing facility near Mulhuddart, County Dublin. The expansion was initiated in response to customer demand for medical device manufacturing, especially in the area of diabetes.
West Pharmaceutical Services, Inc. manufactures packaging components and delivery […]

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Agreement to Redevelop National Maternity Hospital Announced

    Agreement to Redevelop National Maternity Hospital Announced

Minister for Health Simon Harris announced on Thursday, November 24, that the National Maternity Hospital (NMH) and St Vincent’s Hospital Group have reached an agreement on on the redevelopment of the NMH on the Elm Park campus.
The Department of Health said that their design team will review and update the underlying planning documentation with a […]

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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, found that the largest share of qualifying houses were in Dublin, followed by Kildare (14%), Meath (13%) and Cork (6%).
Daft.ie Public Relations and Communications Manager […]

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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 funding would “contribute to over 1,000 new bedrooms on the island of Ireland over the course of the next 12 to 18 months.”
A report by […]

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Wood Awards Ireland Held in Farmleigh House

    Wood Awards Ireland Held in Farmleigh House

The Wood Awards Ireland were presented in Farmleigh House on Thursday, November 17, with Bucholz McEvoy Architects named as the overall winner for their work on the Samuel Beckett Civic Campus on Ballyogan Road, Dublin. The competition, presided over by Minister of State Andrew Doyle, celebrates the use of wood by Irish designers, architects, engineers […]

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€30 Million Retail Centre Planned for Bray

    €30 Million Retail Centre Planned for Bray

A development partner is being sought to develop a 2.4 acre site, previously known as the ‘Florentine Centre’, in Bray, Savills announced on  Wednesday, 16 November 2016. Wicklow County Council appointed Savills to seek a development partner for the 250,000 square foot scheme at the site recently purchased by the council. The site has been […]

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136 New Office Buildings to be Built in Dublin

    136 New Office Buildings to be Built in Dublin

136 new office buildings, totaling more than 12 million square feet, are planned to be built in Dublin over the next five years, according to Savills’ 2016 Skyline Survey. The developments, intended to provide working space for more than 100,000 employees, are largely centered in Dublin’s central business district, with the majority of the developments […]

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Upgrade to Dublin Airport Runway to Create 150 Jobs

    Upgrade to Dublin Airport Runway to Create 150 Jobs

An 18-month upgrade of Dublin Airport’s main runway is expected to create 150 jobs.
Construction on the runway is expected to start on the night of Monday, November 14, and to continue for 18 months. As the work requires the runway to completely close, construction is planned to take place between 11 pm and 5 am […]

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Irish Water Begins Construction on 9.7 Million Euro Wastewater Network

    Irish Water Begins Construction on 9.7 Million Euro Wastewater Network

Irish water officially began construction on a €9.7 million wastewater pipe network for Rush, Co. Dublin on Friday, November 11.
The network, which is expected to be take two years to complete, is designed to stop the discharge of raw sewage into the sea, improving the bathing water at South Rush Beach.
The network will direct existing […]

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IFSC’s first new office building in over a decade set for completion in late-2017

    IFSC’s first new office building in over a decade set for completion in late-2017

The Irish Financial Services Centre is set to get its first major facelift in well over a decade, as Cosgrave Property Group and IPUT plc have launched a new premium Grade A office building in the heart of Dublin’s central business district.
‘The Exchange’ will provide 105,000 sq ft of office space over six floors upon […]

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Developer Gerry Gannon plans to build 84 Dublin homes

    Developer Gerry Gannon plans to build 84 Dublin homes

Developer Gerry Gannon plans to build more than 80 apartments and townhouses in a project in north Dublin that industry figures value between €18 million and €20 million.
The company wants to build a combination of one- two- and three-bedroomed apartments, 23 townhouses and two shops in two blocks at the site.
However, the agency refused to […]

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Interxion to build new Data Centre in Dublin

    Interxion to build new Data Centre in Dublin

Dutch firm Interxion, a leading European provider of carrier and cloud-neutral colocation data centre services, has announced it is planning a €28 million investment in a third data centre for Dublin. Developed in response to continued customer demand, this new data centre will be located in Grange Castle Business Park.
The first two phases of Interxion DUB3 are scheduled to open in […]

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Dalata to build 181-bed hotel on site of former Charlemont clinic

    Dalata to build 181-bed hotel on site of former Charlemont clinic

Ireland’s largest hotel operator Dalata has acquired the company which owns the former Charlemont Clinic in central Dublin for €11.9m.
The 0.95 acre location of the former Charlemont Clinic on the Grand Canal will be the site of a new four-star, 181-bedroom hotel. Planning for the site also includes three residential apartments and basement car parking.
Dalata estimated the […]

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Dublin City Council releases plans for €20 million Dalymount Park redevelopment

    Dublin City Council releases plans for €20 million Dalymount Park redevelopment

Dublin City Council has released the details of its plans to revamp Dalymount Park into a modern 10,000 seater stadium, a redevelopment which is expected to cost up to €20m to complete.
The first phase of the redevelopment will see the installation of an artificial pitch and the construction of a new 4,500 seater main stand, which […]

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Plans to build €25 million “aparthotel” near Trinity College Dublin

    Plans to build €25 million “aparthotel” near Trinity College Dublin

Irish property investment group Tetrarch Capital intends to invest €25 million in a 178-unit aparthotel on a site close to Trinity College, in Dublin, as part of a wider plan to grow its portfolio of accommodation interests here that will involve investing an additional €100 million over the next three years.
It recently acquired a half-acre […]

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Global student housing firms set for €250m Dublin venture

    Global student housing firms set for €250m Dublin venture

Chicago-based Harrison Street Real Estate Capital has teamed up with London-headquartered GSA Investment Management to provide €250m to built student accommodation in Dublin over the next five years.
The world’s biggest investor in student accommodation is to pump a quarter of a billion euro into the Dublin market in a joint venture that will see a […]

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FBD Property applies for €5.5 million development of Castleknock hotel

    FBD Property applies for €5.5 million development of Castleknock hotel

FBD Property and Leisure Ltd is to spend €5.5 million on the expansion and upgrading of its successful Castleknock Hotel and Country Club in north Dublin. Planning permission has been sought for an additional 43 bedrooms and three extra suites, which will bring the room capacity up to 190.
The planned expansion, which would create up […]

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Work to begin on €111m office development in Dublin’s docklands

    Work to begin on €111m office development in Dublin’s docklands

Work is set to begin this week on a €111 million commercial development on the North Wall Quay in Dublin’s docklands that was dubbed Project Wave by the National Asset Management Agency (Nama).
Piling and ground works will begin on the site at 72-80 North Wall Quay where two office blocks are planned in the first […]

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Nama provides €170m to fund Boland’s Mills redevelopment

    Nama provides €170m to fund Boland’s Mills redevelopment

The National Asset Management Agency has made €170 million in funding available for work to begin on the redevelopment of the iconic Boland’s Mills site in Dublin’s docklands.
Nama is funding the demolition and enabling works phase at the newly-branded Boland’s Quay site over the next 10 months and has committed to funding all construction work, […]

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NAMA to invest €7.5 billion in development programme

    NAMA to invest €7.5 billion in development programme

The National Asset Management Agency has announced today plans for a €7.5 billion development programme to deliver about 4 million sq ft of new commercial space in Dublin’s docklands, and 20,000 new homes in the city and other areas of strong demand. These developments are expected to generate up to 30,000 jobs when construction is […]

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US developer Hines to build 3,800 homes in south Dublin

    US developer Hines to build 3,800 homes in south Dublin

US developer Hines’ Irish arm is submitting a planning application to develop roads, parks and other infrastructure to allow the first stage in the construction of a new Town Centre and upgraded Business Park at the Cherrywood Strategic Development Zone (SDZ) in south Dublin.
Planning permission is being sought for 5.4 km of new roads while […]

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New urban centre planned for Dublin 4

    New urban centre planned for Dublin 4

The first phase of a major new urban centre planned for Ballsbridge in Dublin 4, is being launched today through a marketing campaign for high quality offices due to be completed within two years.
One Ballsbridge will have a mixture of offices, apartments and retail facilities fronting on to both Shelbourne Road and Pembroke Road and […]

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Google to open €150m data centre in West Dublin

    Google to open €150m data centre in West Dublin

Google plans to invest €150 million in a new data centre in Dublin.

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US software firm Slack announces 100 jobs for Dublin

    US software firm Slack announces 100 jobs for Dublin

Company opening up a new European HQ in the capital
US software firm Slack is to create 100 jobs over the next two years with the opening of a new European headquarters in Dublin.
The company said the new roles will be in customer support and account management roles
Slack is a messaging platform for teams that integrates […]

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Alexion Pharmaceuticals Announces €450 Million Expansion in Dublin – 200 New Jobs and 800 construction jobs to be created over four years

    Alexion Pharmaceuticals Announces €450 Million Expansion in Dublin – 200 New Jobs and 800 construction jobs to be created over four years

Alexion Pharmaceuticals today announced plans to significantly expand its operations in Ireland by constructing the Company’s first ever biologics manufacturing facility outside the United States. This €450 million, four-year project, which will be constructed at Alexion’s College Park site in Blanchardstown, is expected to create approximately 200 additional full-time jobs on completion, which will bring […]

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CQMS ‘15 for Tullamore

    CQMS ‘15 for Tullamore

A recovering Irish construction industry has welcomed the announcement that Ireland’s largest construction and quarrying machinery show (CQMS ’15) will take place in Molloy’s Quarry in Tullamore on April 17.
Indications are that 2015 will see economic growth of between 4% – 6% and figures from the Central Statistics Office show that the construction industry alone […]

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Company controlled by developer Lally slashes almost €13m from site’s value

    Company controlled by developer Lally slashes almost €13m from site’s value

A property company controlled by Galway developer John Lally has reduced the value of a site it bought for over €100m by a further €13m.
The South Dublin site was reportedly bought for more than €100m by Brackville Holdings in 2006. Brackville is part of the Lalco group, which is controlled by Mr Lally.

The company had […]

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SMK Corporation establishes new European Headquarters in Dublin

    SMK Corporation establishes new European Headquarters in Dublin

SMK Corporation, a multinational electro-mechanical component manufacturer headquartered in Tokyo Japan is to establish a new European Headquarters in Dublin, Ireland.
SMK designs and produces a wide range of products for the electronics sector including connectors and switches, remote control units and touch screens. Demand for SMK products is driven by the requirements of a new […]

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National Rehabilitation Hospital Receives Planning Approval for New Development

    National Rehabilitation Hospital Receives Planning Approval for New Development

The National Rehabilitation Hospital is the first major healthcare project to be granted planning approval through the Strategic Infrastructural Development Process.
The approval is for Phase One of a significant capital development on the campus of the existing hospital at Rochestown Avenue.  This development, which is a partnership between the HSE and the NRH Foundation, will […]

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Dublin Property Price Growth Fell Below National Average in First Three Months of 2015

    Dublin Property Price Growth Fell Below National Average in First Three Months of 2015

Property price growth in Dublin was outpaced by rises in the rest of the country during the first three months of 2015, according to the latest property price report from Daft.ie.
It is the first time that this has happened in four years, according to the property website.
Asking prices nationally increased by 4.6% in the first […]

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43 apartments in Dublin for €5.57m

    43 apartments in Dublin for €5.57m

A multi-family residential investment with 43 apartments are to go on the market today in Dublin’s north inner city.
Damien McCaffrey of Knight Frank is guiding €5.75 million for Stafford House on Wolfe Tone Street which was developed in 1998 by Michael Murphy’s South Dublin Construction.
Knight Frank says that with an 84 per cent occupancy rate, […]

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JV for NAMA and Kennedy Wilson

    JV for NAMA and Kennedy Wilson

Kennedy Wilson and NAMA have formed a joint venture arrangement to develop a project of significant importance on Sir John Rogerson’s Quay in Dublin 2.
The project will be a mix of offices and residential. Extending to over 4.8 acres, the Capital Dock development is one of the largest undeveloped sites in the Dublin Central Business […]

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Former Bord Na Mona executive to head up Poolbeg incinerator

    Former Bord Na Mona executive to head up Poolbeg incinerator

A Former senior executive at Bord Na Mona has landed the top job on the development of the controversial €500m Poolbeg incinerator project.

John Daly served as the head of the Resource Recovery unit at the semi-State energy company from 2013 before being appointed as the general manager of Dublin Waste to Energy.

It is the company […]

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750 construction jobs to be created by Center Parcs €200 million holiday village in Longford

    750 construction jobs to be created by Center Parcs €200 million holiday village in Longford

One of the UK’s leading short break specialists, Center Parcs, has just announced plans to develop a holiday village at Newcastle Wood, five kilometres from Ballymahon, County Longford, and 21 kilometres from junction 9 (Athlone) of the M6 motorway from Dublin to Galway.
The 375 acre site is owned by Coillte currently and Center Parcs have […]

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Balfour Beatty awarded €14m (£10.2m) Dublin Airport car park extension

    Balfour Beatty awarded €14m (£10.2m) Dublin Airport car park extension

Balfour Beatty has been awarded a €14m (£10.2m) Design and Build scheme to extend the existing multi-storey car park serving Terminal 2 at Dublin Airport for airport operator ‘daa’, (previously known as the Dublin Airport Authority).
The works comprise a four-floor structured steel extension to the current two-storey car park that will more than double the […]

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DCC gives go-ahead for multi-million euro docklands development

The first of the fast-track developments planned for Dublin’s docklands has been given the go ahead by the city council.
The planning permission for the site on Sir John Rogerson’s Quay will involve 58 apartments and 9,000 square metres of office space.
The site, which was formerly owned by a Sean Dunne company, is being developed by […]

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Planning Sought for 101 Homes in Dublin

    Planning Sought for 101 Homes in Dublin

A low-profile property firm has become the latest player to seek planning permission to build family homes in Dublin, in another sign that the shortage of houses in Dublin is beginning to be addressed.
Argentum Property Holding Three Limited has applied for planning permission to build 101 houses on Griffith Avenue on Dublin’s northside. If it […]

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Saint-Gobain, Ireland opens the doors of their new Technical Academy in Dublin

    Saint-Gobain, Ireland opens the doors of their new Technical Academy in Dublin

Building materials firm Saint Gobain has opened a new training centre in Grange Castle, Co Dublin, which together with its sister centre in Cavan, is set to upskill some 5,000 construction industry personnel every year.
The two Construction Skills Academies, developed at a combined cost of €1.5m, are reckoned to be the biggest investment in construction […]

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Kilsaran – Connecting the city at the Rosie Hackett Bridge

    Kilsaran – Connecting the city at the Rosie Hackett Bridge

Dublin’s newest bridge, the Rosie Hackett bridge which spans the River Liffey is benefitting from the technical and aesthetic qualities of Kilsaran International. The 21st bridge to cross the river Liffey in Dublin city connects Marlborough Street on the northside with Hawkins Street on the south, the function of the bridge is to carry the […]

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