Construction BUSINESS

Reports

Activity rises at fastest pace in five months

    Activity rises at fastest pace in five months

The Ulster Bank Construction PMI Report (RoI) has found that the rate of expansion remained strong in the Irish construction sector amid reports of improving client demand. New order growth

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Census shows Government infrastructure investment is a must as population growth continues

    Census shows Government infrastructure investment is a must as population growth continues

The new Census figures released by the CSO today show that investment in public infrastructure is now more important than ever, as our population continues to increase. Ireland’s population stood

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Industry set to grow by further 15% – Linesight

    Industry set to grow by further 15% – Linesight

Linesight’s annual Ireland Handbook for 2017 has stated that construction could create up to 80,000 new jobs if it were to grow to full capacity. The Handbook also shows that

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Homeowners spent billions on their homes in 2016

    Homeowners spent billions on their homes in 2016

Irish homeowners have availed of €1.2 billion in total through the Home Renovation Incentive (HRI) since its launch in 2013. This incentive has facilitated homeowners in carrying out nearly 77,000

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Role of construction to become more important to domestic economy

    Role of construction to become more important to domestic economy

A recent report by the ESRI has found that increased activity in the construction sector is impacting both investment and consumption. Higher levels of residential and commercial supply are increasing

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Academy set up to address skills shortage in NI construction sector

    Academy set up to address skills shortage in NI construction sector

A new academy has been set up in Co Armagh to address major skills gaps in the construction sector. The National Construction Skills Academy (NCSA) in Portadown will provide tuition

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Coveney announces two-week extension for submissions on National Planning Framework Ireland 2040 – Our Plan

    Coveney announces two-week extension for submissions on National Planning Framework Ireland 2040 – Our Plan

Minister Simon Coveney has announced that he has extended the public consultation phase of the National Planning Framework Ireland 2040 – Our Plan, from 16th March to Friday 31st March

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Housing and commercial activity grow – PMI

    Housing and commercial activity grow – PMI

Activity in the construction sector rose sharply last month, according to the latest Purchasing Managers Index from Ulster Bank. Ulster Bank’s Construction PMI for February stood at 57.9, up from

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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

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More Than One Third of Construction Companies Report Recruitment Difficulties

    More Than One Third of Construction Companies Report Recruitment Difficulties

The September – December 2016 InterTradeIreland Business Monitor Report, issued on Monday, shows that 37 percent of construction companies surveyed reported difficulties recruiting skilled labour, with 33 per cent citing a

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Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

    Kingspan Full Year Report Shows Revenue up 12 Percent in 2016

Full year results for Cavan-based building materials producer, Kingspan, released on Friday, showed revenue up 12% to €3.1 billion in 2016.  Trading profit was up 33% to €340.9 million, while

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January Sees “Near-Record” Rise in Construction Employment

    January Sees “Near-Record” Rise in Construction Employment

Activity in the Irish construction sector rose sharply in January on the back of higher new orders, according to the Ulster Bank Construction PMI Report, released on Monday. The survey

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Mortgages Valuing €1.81 Billion Drawn Down in Q4

    Mortgages Valuing €1.81 Billion Drawn Down in Q4

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

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Mortgage Approvals Increase by 30.7 Percent in Final Quarter of 2016

    Mortgage Approvals Increase by 30.7 Percent in Final Quarter of 2016

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

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New Home Searches Increase by 125% – Daft.ie

    New Home Searches Increase by 125% – Daft.ie

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,

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Construction Industry Federation Elects Dominic Doheny as New President

    Construction Industry Federation Elects Dominic Doheny as New President

New Construction Industry Federation (CIF) President Dominic Doheny called on the Government to work with the construction industry to deliver sustainable growth, exports and jobs across Ireland at a meeting

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Construction Production up 0.4 Percent in the EU

    Construction Production up 0.4 Percent in the EU

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

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Construction Activity Continues to Rise for 40th Month in a Row

    Construction Activity Continues to Rise for 40th Month in a Row

The Ulster bank Purchasing Managers’ Index (PMI) for December, released on Monday, showed that activity in the construction sector constinued to rise until the end of 2016. The report gave

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Investment In Irish Commercial Property Reached €4.5 Billion In 2016

    Investment In Irish Commercial Property Reached €4.5 Billion In 2016

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

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Nine Fatal Construction Accidents in 2016

    Nine Fatal Construction Accidents in 2016

There were 44 people killed in workplaces in 2016, representing a 21% reduction of the 56 reported in 2015, according to figures released by the Health and Safety Authority on

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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

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Mortgage Approvals Rise by 30.8%

    Mortgage Approvals Rise by 30.8%

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 the Banking & Payments Federation Ireland (BPFI)  Mortgage Approvals Report

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Construction Industry to Experience Most Positive Outlook in a Decade

    Construction Industry to Experience Most Positive Outlook in a Decade

The economy is growing at a solid pace, and the quantity and quality of buildings and infrastructure delivered by the construction industry will play an important role in that economic

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Planning Permissions Granted for Apartments Increase by 304.5%

    Planning Permissions Granted for Apartments Increase by 304.5%

The number of apartment dwelling units granted planning permission in the third quarter of 2016 rose to 1,452, up from

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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

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Construction Industry Set to Grow by 9% Annually up to 2020

    Construction Industry Set to Grow by 9% Annually up to 2020

The Construction Industry Federation (CIF) launched a career website on Monday in the wake of a report that construction activity

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Ulster Bank Construction PMI Shows Sharp Rise in Employment

    Ulster Bank Construction PMI Shows Sharp Rise in Employment

Irish construction firms continued to record strong activity growth during November, supported by a further sharp increase in new orders,

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Dublin Ranked Fourth Most Attractive City for Property Investment

Dublin is the fourth most attractive city in Europe for real estate investment, according to an analysis by PwC and

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Retail Property Rents Predicted to Grow 7-10% Over Next Two Years

    Retail Property Rents Predicted to Grow 7-10% Over Next Two Years

Retail property rents are expected to see increases of between 7 and 10 percent over the next 2 year,s according

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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

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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

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Daft.ie Rent Report Blames ‘Systemic Failure’ for Lack of Construction

    Daft.ie Rent Report Blames ‘Systemic Failure’ for Lack of Construction

The Daft.ie Rental Report for the third quarter of 2016, released on Tuesday, November 8, called the lack of residential

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Growth of construction activity in July

Growth of construction activity picked up to four-month high in July according to the Ulster Bank Construction PMI survey. Simon Barry,

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Development land sales up €200m in first six months

According to a new report by CBRE, sales of development land came to €489m in the first half, up from

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Number of properties for sale at nine-year low

The number of properties for sale in Ireland has reached a nine-year low – down to fewer than 24,000, according

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Minister authorizes Greater Dublin Area Transport Strategy 2016 – 2035

The National Transport Authority has just advised that its work in preparing a Transport Strategy for the Greater Dublin Area

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Builders push case for easing security rule

‘Restrictions are not helping the housing market’ tells Construction Industry Federation to Central Bank To rest its mortgage lending rules for

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Metro South intended in Dublin transport plan

A part of new transport plans is a new Metro South for Dublin that would link up with Metro North

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Work Launches To Supply Right Turn Lane On A29

Subject to weather conditions, works is expected to be completed in four to six weeks To complete the works safely

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PADDY Power is set to crop 300 jobs subsequent its merger with Betfair.

  The group will now purpose to cut 650 jobs from its workforce of 7,200. Approximately 300 of the job

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Anglo Irish Bank was many a time advocated to clients – Panama Papers

Anglo Irish Bank’s branch in Austria was between the small number of banks that were many times advocated by Panama-based law firm

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Brittany Ferries advices 19% growth in early bookings

Brittany Ferries has today advised a 19% growth in the number of early bookings compared to the corresponding period last year. It

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Savills bespeaks top ten European investment hotspots

Savills, the international real estate investor, has advised its top ten hotspots for investment in Europe, split between five tips for

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Construction hits €5.6bn value

The total value of new construction projects in Ireland rose by 68% last year as activity in the sector continued to

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Nearly 32% of people want the Government to build new houses as their first priority

The rents are now higher in Dublin then during the boom and deposit lending falling, one – third of the

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ERSI report: Apartment building in Dublin at virtual standstill

ERSI report shows apartment building has all but ground to a halt in Dublin, despite an increasing demand for homes

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