Construction BUSINESS

Reports

Ireland reduces building emissions by a quarter in past decade but is still set to miss ambitious net zero targets

    Ireland reduces building emissions by a quarter in past decade but is still set to miss ambitious net zero targets

Reductions in carbon emissions from buildings are stalling in several G20 countries in Europe (UK, France, and Germany) and emissions are now rising in the USA, warns a major new

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Labour shortages pose risk to growth in key SME sectors, including construction

    Labour shortages pose risk to growth in key SME sectors, including construction

The latest SME Monitor published by Banking & Payments Federation Ireland (BPFI) has warned that labour shortages and skill gaps pose a risk to growth in key SME sectors including construction,

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Stormont department criticised for building Derry park-and-ride which breaches planning rules

  The Department for Infrastructure (DfI) has been strongly criticised for building a second park-and-ride facility on the outskirts of Londonderry in breach of planning conditions. The River Faughan Anglers

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Concerns grow over major Limerick road projects after construction company enter receivership

  A YEAR after work on a vital €58m road restarted, concern has now been expressed over the future of the scheme. It comes after Roadbridge, the main contractor on

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Ridgeway records 40 per cent surge in turnover after securing European rights for marine construction product

BELFAST construction supply firm Ridgeway has projected significant growth in 2022 after acquiring the European rights to distribute ‘filter units’ for offshore marine and civil engineering works. The company, which

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Irish public rallies to save Temple Bar’s Merchant’s Arch from new hotel plans

    Irish public rallies to save Temple Bar’s Merchant’s Arch from new hotel plans

The ‘Save Merchant’s Arch’ online petition wants to prevent historic Dublin from “succumbing” to “development.” A public petition against the construction of a boutique hotel and restaurant in the buildings

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Government says it hasn’t decided to delay construction of Metrolink until 2027 but start date down to planning permission

    Government says it hasn’t decided to delay construction of Metrolink until 2027 but start date down to planning permission

The Government has not decided to delay construction of the Metrolink until 2027, according to a spokesperson for the Department of Transport. However it is unable to say when construction

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‘If construction is such a profitable industry, why aren’t more people at it?

    ‘If construction is such a profitable industry, why aren’t more people at it?

Glenveagh says it has sold, signed or reserved the 1,150 homes it expects to deliver this year When Stephen Garvey was invited in 2014 to meet executives from US private equity firm Oaktree in

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Fraud squad detectives question man suspected of setting up bogus construction company for purpose of laundering money

    Fraud squad detectives question man suspected of setting up bogus construction company for purpose of laundering money

Fraud squad detectives are continuing to question a man who was arrested yesterday and is suspected of setting up a bogus construction company for the purpose of laundering money for

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Twenty-five new firms named among Ireland’s best managed

    Twenty-five new firms named among Ireland’s best managed

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

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British recruitment drive for builders sparks fear of exodus

    British recruitment drive for builders sparks fear of exodus

Sites closed over virus construction ban forcing skilled machine operators to leave UK construction companies are actively recruiting Irish workers, sparking fears of a major skills exodus as most building

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Softer Rise in Construction Activity Amid Storm Disruption

    Softer Rise in Construction Activity Amid Storm Disruption

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted 50.6 in February, down slightly from 50.9 in January and

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Author of Grenfell Tower Fire Report to Speak in Belfast

    Author of Grenfell Tower Fire Report to Speak in Belfast

The author of the Grenfell Tower Fire Report, Dame Judith Hackitt DBE (pictured), is to speak at a major construction industry conference in Belfast on 2 April. The event is

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Interest Rates – Irish Paying €82k More on €300K Mortgage Over 30 Years

    Interest Rates – Irish Paying €82k More on €300K Mortgage Over 30 Years

Commenting on the Central Bank report on retail interest rates for December, Brokers Ireland said Irish mortgage holders are paying 1.51% more than the euro area average and it is

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Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

    Continued Rise in Construction Activity as New Order Growth Quickens to Seven-month High

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – posted 50.9 in January, above the 50.0 no-change mark for the

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Surveyors Say Residential Property Prices Will Increase by 2% This Year With Rents Predicted to Rise by 5%

    Surveyors Say Residential Property Prices Will Increase by 2% This Year With Rents Predicted to Rise by 5%

A period of high price inflation appears to be drawing to a close and the property market looks set for a period of price stabilisation as we head into a

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Construction Activity Returns to Growth in December

    Construction Activity Returns to Growth in December

The Ulster Bank Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index designed to track changes in total construction activity – posted above the 50.0 no-change mark for the first time in

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Construction Deaths Increased by 140% Last Year

    Construction Deaths Increased by 140% Last Year

Construction fatalities have more than doubled in the last year, according to the latest figures released by the Health and Safety Authority (HSA). Chief Executive Officer of the HSA, Dr

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Residential Prices in Dublin Will Grow by Maximum of 5% While New ‘Near Zero Energy Buildings’ Regulations Will Impact Construction Costs

    Residential Prices in Dublin Will Grow by Maximum of 5% While New ‘Near Zero Energy Buildings’ Regulations Will Impact Construction Costs

Uncertainty stemming from global events will be the key aspect of the Irish property investment market in 2020, according to new figures released by Lisney, Ireland’s largest independently-owned property advisory

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Irish Construction Activity Declines at Softer Pace

    Irish Construction Activity Declines at Softer Pace

At 48.2 in November, up from 46.2 in October the Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity

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Carbon Report’s Rallying Cry For Radical Change in UK Construction Sector

    Carbon Report’s Rallying Cry For Radical Change in UK Construction Sector

The leading trade body representing UK builders has called on the construction sector and any future British Government, to act now if they are to meet the 2050 zero carbon

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Northern Ireland Construction Market Faces Cold Front

    Northern Ireland Construction Market Faces Cold Front

Political instability caused by a lack of a local Executive and Brexit uncertainty pose the greatest challenge to contractors in Northern Ireland, according to a recent Northern Ireland market intelligence

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ICF Launches Publication on Essential Aggregates

    ICF Launches Publication on Essential Aggregates

‘Essential Aggregates: Providing for Ireland’s needs to 2040’ is an industry led call for Government to ensure that Ireland’s future supply of aggregates (crushed rock, sand and gravel) is planned,

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First Decline in Construction Activity Since August 2013

    First Decline in Construction Activity Since August 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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Record Performance by Kingspan Group

    Record Performance by Kingspan Group

Kingspan Group, the global leader in high performance insulation and building envelope solutions, has reported a 12% increase in revenue

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Sustainable Apartment Living For Ireland

    Sustainable Apartment Living For Ireland

A new report on sustainable apartment living in Ireland was launched by the Housing Agency and Clúid Housing. Amongst some

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Affordability and Uncertainty Push Irish Property Price Inflation Lower

    Affordability and Uncertainty Push Irish Property Price Inflation Lower

Irish house price inflation eased further to 2.0% in June from 2.6% in July. The annual increase in June is the slowest

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Construction Activity Rises at Weakest Pace in Almost Six Years

    Construction Activity Rises at Weakest Pace in Almost Six Years

At 51.4 in July, down from 53.1 in June, the Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally

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Nearly Half of All Counties in Ireland Unaffordable For First Time Buyers

    Nearly Half of All Counties in Ireland Unaffordable For First Time Buyers

A new report issued by EY-DKM Economic Advisory, confirms that nearly half of all counties (46%) in the Republic of

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Level of New Dwellings Transacted is “Paltry”

    Level of New Dwellings Transacted is “Paltry”

Responding to the CSO Residential Property Price Index for April, Brokers Ireland said the low level of new dwellings being

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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

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Kingspan Powers Behind OFTEC’s Call For Homeowners to Choose Double-Skinned ‘Bunded’ Tanks

    Kingspan Powers Behind OFTEC’s Call For Homeowners to Choose Double-Skinned ‘Bunded’ Tanks

As one of Ireland’s most established oil tank manufacturers, Kingspan is fully behind OFTEC’s Bunded campaign which has been created

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Fundamental Issues Remain Unresolved in Tackling Housing Crisis

    Fundamental Issues Remain Unresolved in Tackling Housing Crisis

Responding to the Daft.ie Rent Report for Quarter 1 2019, IPAV, the Institute of Professional Auctioneers & Valuers, said there are two

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Structural Problems Still Haunt Property Market

    Structural Problems Still Haunt Property Market

Commenting on the latest CSO New Dwelling Completions, IPAV, the Institute of Professional Auctioneers & Valuers, said while going in

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Residential Property Prices Rise by 8.2% in the Year to September

    Residential Property Prices Rise by 8.2% in the Year to September

In the year to September, residential property prices at national level increased by 8.2%, according to the CSO. This compares

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Residential Property Prices Rise by 12.4% in the Year to May

    Residential Property Prices Rise by 12.4% in the Year to May

In the year to May, residential property prices at national level increased by 12.4%, according to the CSO. This compares

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Major New Report on Housing Outlines Policy Actions to Boost Affordability and Supply

    Major New Report on Housing Outlines Policy Actions to Boost Affordability and Supply

Ibec, the group that represents Irish business, has launched a new national campaign – Better Lives, Better Business championing new policies across

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Social Housing Construction Status Report and Social Housing Delivery Targets for Local Authorities 2018-2021

    Social Housing Construction Status Report and Social Housing Delivery Targets for Local Authorities 2018-2021

The Government has published the Quarter 4 2017 Social Housing Construction Projects Status Report, which sets out the significant progress

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Progress on Actions to Address Unfinished Housing Developments

    Progress on Actions to Address Unfinished Housing Developments

The Government has published the sixth annual progress report and seventh housing survey on tackling the issue of unfinished housing

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Four Times More New Houses Need to be Built in 2018 Compared to Last Year

    Four Times More New Houses Need to be Built in 2018 Compared to Last Year

Initiative Ireland, headquartered at NovaUCD, has launched a new annual housing report, entitled Housing 2031. The report was commissioned to provide

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Linesight Launches Purpose-built Student Accommodation Report

    Linesight Launches Purpose-built Student Accommodation Report

Multinational construction consultancy firm, Linesight, has launched a report on the Purpose-Built Student Accommodation(PBSA) sector in Ireland. The report is an

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Residential Property Prices Rise by 11.6% in the Year to November

    Residential Property Prices Rise by 11.6% in the Year to November

In the year to November, residential property prices at national level increased by 11.6%, according to the CSO’s Residential Property

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JLL Predicts a Buoyant Year For Ireland’s Hotel Industry

    JLL Predicts a Buoyant Year For Ireland’s Hotel Industry

What does 2018 have in store for the Irish Hotels Market? JLL expects approximately 1,300 new hotel rooms to open in

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Rents in Dublin grew by 3.3% in Quarter 2 2017

    Rents in Dublin grew by 3.3% in Quarter 2 2017

According to the Residential Tenancies Board, private sector rents grew 6.6% in the year end to the end of June this

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Growth of activity remains marked, but slows to 29 month low – Ulster Bank Construction PMI

    Growth of activity remains marked, but slows to 29 month low – Ulster Bank Construction PMI

Growth in the Irish construction sector eased again, with slower rises in both activity and new orders recorded. That said,

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Cork building sector demands upgrades to road and water network

    Cork building sector demands upgrades to road and water network

According to a report in the Evening Echo, major infrastructure works are needed to bring land marked for housing development

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Survey reveals one in five people might never afford their own home

    Survey reveals one in five people might never afford their own home

The 123.ie Irish House & Home Survey has revealed that affordability is a huge issue for those not currently on

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Dublin outperforms in terms of hotel occupancy

    Dublin outperforms in terms of hotel occupancy

A new report released by JLL has found that Dublin as a New World City alongside cities such as Melbourne

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Construction industry could lead the way on closing gender pay gap – RICS

    Construction industry could lead the way on closing gender pay gap – RICS

A OnePoll survey commissioned by the Royal Institution of Chartered Surveyors (RICS) in the UK has found that despite an

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Resources for Budget 2018 €400 million more than estimated

    Resources for Budget 2018 €400 million more than estimated

Ibec has called on the Government to show further ambition in meeting Ireland’s critical infrastructure and demographic needs. Launching the

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Strong office take-up In Dublin in first half of 2017

    Strong office take-up In Dublin in first half of 2017

Commercial property consultants, CBRE Ireland has released statistics on the volume of office lettings signed in Dublin during the first

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Top 50 CIF Contractors 2017 announced

    Top 50 CIF Contractors 2017 announced

According to the CIF, its Top 50 Contractors list for 2017 provides us with a unique snapshot of the Irish

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John Sisk & Son is top builder in CIF report

    John Sisk & Son is top builder in CIF report

With 2016 revenues of €1.05 billion, John Sisk & Sons has come out on top in the CIF’s Top 50

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Apprentices must play a key role in rebuilding the construction industry

    Apprentices must play a key role in rebuilding the construction industry

Construction employment could rise to 213,000 by 2020 based on DKM and SOLAS analysis. However, Ireland’s economic recovery may be

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Over €1.4b worth of construction projects moved on-site in Q1 2017

    Over €1.4b worth of construction projects moved on-site in Q1 2017

Construction Information Services (CIS) have just published their Q1 2017 Construction Market Review which provides an analysis of activity in

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Industry needs 112,000 workers up to 2020

    Industry needs 112,000 workers up to 2020

Commenting on the recently announced CSO housing figures, CIF Director General Tom Parlon said the current housing shortage is the

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Residential property prices rise by 10.7% in the year to February

    Residential property prices rise by 10.7% in the year to February

According to the latest property price index from the Central Statistics Office (CSO), residential property prices at national level increased

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Irish organisations could capture over €200m of solar PV sector

    Irish organisations could capture over €200m of solar PV sector

According to the Sustainable Energy Authority of Ireland (SEAI) which published ‘Ireland’s Solar Value Chain Opportunity’ at the recently-held SEAI

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