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  • Stark and Growing Gap Between Mortgage and Rent Responding to the latest CSO house price figures indicating a continuing slowing in the rate of house price increases, 5.8pc in Dublin in the year to September and 10.8pc in the Rest of Ireland, Brokers Ireland pointed to a growing gap between repaying a mortgage on a home and paying rent on a similar home. Rachel [...]...
  • 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 with an increase of 8.9% in the year to August and an increase of 12.0% in the twelve months to September 2017. In Dublin, residential property prices increased by 5.8% in the year to September. Dublin [...]...
  • Grafton Merchanting Joins the Irish Green Building Council Grafton Merchanting, Ireland’s leading building merchanting company has announced that it has joined the Irish Green Building Council (IGBC). The move forms part of Grafton Merchanting’s ongoing commitment to sustainability at a national and local level. Grafton Merchanting is the first reseller to join the IGBC which was set up in 2011 to create a [...]...
  • 70% Believe Irish Government Not Doing a Sufficient Job in Easing the Housing Crisis The findings of a nationally representative survey recently conducted by iReach highlight the pessimism of Irish people about the current state of housing and homelessness. The results also demonstrate a lack of faith from the public in the Government’s approach to the issue. 66% of people were not confident that Minister for Housing Eoghan Murphy’s most [...]...
  • PropertyBridges.com Successfully Completes First Ever Peer to Peer Property Loan in Ireland Propertybridges.com, Ireland’s new peer to peer lender to the property development marketplace, has just successfully fulfilled its first loan. Over 100 lenders piled into the 250k loan for a new mews build in Sandycove, County Dublin and supported the small developer as well as made 8.5% return for themselves. The whole process took less than [...]...

Dublin Housing Crisis Restricts Employers’ Ability to Recruit

  Dublin Housing Crisis Restricts Employers’ Ability to Recruit

New research commissioned by specialist regeneration and property developer U+I shows that Dublin’s housing crisis is seriously hampering business’ efforts to recruit and retain talent in the city. The Housing availability, recruitment and retention in Dublin research, conducted by market research company Behaviour & Attitudes*, surveyed over 100 senior hiring managers representing large national and international employers […]

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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 for guests. The hotel, which is owned and operated by Dalata Hotel Group and is already one of the Dublin’s leading hotels, took approximately 7 months and a €9 million refurbishment to complete. The renovation […]

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CRH Announces New Board Appointments

  CRH Announces New Board Appointments

CRH plc has announced the appointment to the Board of Mary Rhinehart and Siobhan Talbot (pictured) as non-executive Directors. Ms. Rhinehart joined the group on 1 October 2018 and Ms. Talbot will join with effect from 1 December 2018.
Ms. Rhinehart is Chairman, Chief Executive Officer and President of Johns Manville Corporation, a Berkshire Hathaway company, […]

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Zutec Holdings Increases Turnover by 40%

  Zutec Holdings Increases Turnover by 40%

Zutec Holdings, the Irish construction software company which listed on the Nasdaq First North market in March this year, has reported a 40% increase in turnover to €3.25 million in the year to the end of June 2018.
In its maiden set of full-year results as a plc, Zutec generated earnings before interest, tax, depreciation and […]

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Housing Completions of 18,655 Units Forecast For 2018

  Housing Completions of 18,655 Units Forecast For 2018

Strong growth is likely to persist in the Irish economy through 2018 and 2019. This is indicated by rising private consumption, increases in taxation receipts and continued declines in unemployment rates. The ESRI’s latest Quarterly Economic Commentary states that GDP is expected to grow by 8.9 per cent in 2018, followed by 4.5 per cent growth in […]

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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, has announced a €500,000 investment in its Chadwicks brand this year. Further investment in the brand is planned for 2019.
Over the next 12 months, Grafton Merchanting, which currently employs almost 1,300 team members in the Republic […]

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Hardware Association Ireland Calls For Imaginative Measures to Tackle Housing Crisis

  Hardware Association Ireland Calls For Imaginative Measures to Tackle Housing Crisis

Hardware Association Ireland (HAI) has called on the Minister for Finance to address the housing crisis in the forthcoming budget through the introduction of a Derelict Property Renovation Incentive Scheme. HAI has also urged the Minister to reduce VAT on construction from 13.5% to 9% for a two-year period in order to stimulate house building […]

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Fingal County Council Hosts Regional Briefing on Public Service Procurement Process

  Fingal County Council Hosts Regional Briefing on Public Service Procurement Process

Fingal County Council has hosted an informative regional briefing for contractors on public procurement with specific focus on two new frameworks aimed at streamlining the tendering process for €100 million in contracts for minor building works across the entire public service. The frameworks will be advertised by the Local Government Operational Procurement Centre for the […]

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Interim Emergency Measures to Combat Coastal Erosion in Portrane

  Interim Emergency Measures to Combat Coastal Erosion in Portrane

In response to serious coastal erosion problems at The Burrow Portrane, Fingal County Council is implementing interim emergency measures to protect properties at risk in Portrane. The project will get underway in the coming weeks, Fingal County Council has confirmed.
Costing in the region of €500,000, Fingal County Council has engaged contractors to install 380 ‘SeaBee’ […]

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Work Commences on New €100 Million Lidl Distribution Centre in Newbridge

  Work Commences on New €100 Million Lidl Distribution Centre in Newbridge

Work has commenced on a new €100 million distribution centre and regional headquarters for Lidl in Newbridge, County Kildare. The new facility, which is a key part of Lidl Ireland’s €200 million investment programme for 2018, will cost €100 million and is expected to be completed by November 2019.
This project represents Lidl’s largest single investment […]

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Government Launches €1.25 Billion Land Development Agency to Build 150,000 New Homes

  Government Launches €1.25 Billion Land Development Agency to Build 150,000 New Homes

The Government has launched the Land Development Agency to build 150,000 new homes over the next 20 years, the next step of Project Ireland 2040. The new Agency has an immediate focus on managing the State’s own lands to develop new homes, and regenerate under-utilised sites. In the longer-term it will assemble strategic landbanks from […]

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€8 Million in Government Funding Awarded by SEAI to Innovative Energy Research Projects

  €8 Million in Government Funding Awarded by SEAI to Innovative Energy Research Projects

The Government has announced €8 million in funding to support 45 innovative energy projects in companies and research institutions across Ireland. The Sustainable Energy Authority of Ireland (SEAI) is responsible for awarding the funding to the 45 projects which aim to develop solutions that will help our homes, businesses and communities deliver a cleaner energy future. […]

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€100 Million Worth of Minor Building Works Tendered For Public Sector

  €100 Million Worth of Minor Building Works Tendered For Public Sector

New frameworks are being launched to streamline the tendering process for €100 million in contracts for minor building works across the entire public service. The contracts will be tendered by the Local Government Operational Procurement Centre for the provision of Minor Building Works to public service bodies including 31 local authorities, the HSE, the OPW, the […]

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Major Milestone For €233 Million Center Parcs Forest Resort

  Major Milestone For €233 Million Center Parcs Forest Resort

With one year to opening, the €233 million Center Parcs forest resort in County Longford has reached an important milestone as Sisk workers recently welcomed the record sized 53-metre long, 22-tonne, glulam beams that will form the structure of the impressive Subtropical Swimming Paradise. A jewel in the crown of the resort, the Subtropical Swimming […]

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Resilient Performance by Breedon Group

  Resilient Performance by Breedon Group

Breedon Group, a leading construction materials group in the UK and Ireland, has reported revenue of £378.4 million for the six months to 30 June 2018, up from £326.3 million in the corresponding period of 2017. Underlying earnings before interest and tax (EBIT) increased by 17% to £42.0 million. However, excluding acquisitions, both revenue and […]

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First Premier Inn Hotel in Dublin City Centre

  First Premier Inn Hotel in Dublin City Centre

Whitbread, the owner of the Premier Inn hotel chain, has secured planning permission for a 97-bedroom Premier Inn hotel at 41–46 South Great Georges Street, in its first site in Dublin city centre. The decision represents the first step towards fulfilling Whitbread’s requirement for between 1,500 to 2,000 Premier Inn bedrooms in Dublin, with Ireland […]

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Glenveagh Properties is Ahead of Schedule

  Glenveagh Properties is Ahead of Schedule

Glenveagh Properties, a leading Irish homebuilder listed on Euronext Dublin and the London Stock Exchange, has reported revenue of €1.3 million for the first half ended 30 June 2018, relating primarily to the closing of six 2 & 3-bed starter homes in the Greater Dublin Area, as well as rental income from a number of […]

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Essential Learning Series Roadshow From Kilsaran International

  Essential Learning Series Roadshow From Kilsaran International

Kilsaran International are taking the hugely successful Essential Learning Series suite of technical seminars to the road with events to be held at the Aviva Stadium on September 25th and Fota Island Resort in Cork on October 17th 2018. These free one day events will appeal to construction professionals who want to gain a clearer […]

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New Gym and Medical Centre is 25% More Efficient Than Current Building Regulations

  New Gym and Medical Centre is 25% More Efficient Than Current Building Regulations

Johnson and Johnson VisionCare have completed building a new gym and medical centre with support from the Sustainable Energy Authority of Ireland (SEAI) and it’s EXEED (Excellence in Energy Efficient Design) certification programme. This has resulted in the new facility being 25% more energy efficient than current building regulations.
SEAI’s EXEED encourages innovation in how we design […]

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€3.7 Million Drawn Down as Rebuilding Ireland Home Loan Proves Popular in Fingal

  €3.7 Million Drawn Down as Rebuilding Ireland Home Loan Proves Popular in Fingal

Fingal County Council has received the highest amount of applications among the 31 Local Authorities for the Rebuilding Ireland Home Loan and has overseen a draw down of over €3.7 million since the scheme commenced. Since the start of the scheme on February 1, Fingal County Council has received 340 applications and already 136 provisional […]

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Lisburn-based KME Steelworks Braced For Growing Sales

  Lisburn-based KME Steelworks Braced For Growing Sales

Engineering business KME Steelworks is expanding its workforce in Lisburn to help leverage the growing opportunities which exist for its precision engineering sub contract services and precast concrete mould products globally. KME is a leading provider of sub-contract services to a wide range of equipment manufacturers. It is also recognised as a main supplier of bespoke steel […]

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CRH Delivers Solid First Half Performance

  CRH Delivers Solid First Half Performance

Impacted by severe and prolonged winter weather conditions early in the year, CRH plc has reported sales of €11.9 billion for the first half of 2018 – ahead by 1% on the same period last year and up 2% on a like-for-like basis. In Europe, like-for-like sales growth of 1% reflected continued recovery in some […]

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U+I Launches Landmark Donnybrook House Development

  U+I Launches Landmark Donnybrook House Development

Specialist regeneration and property developer U+I, in joint venture with Colony Capital, has announced the launch of the redeveloped Donnybrook House. Donnybrook House is a landmark six-storey office development in the heart of Donnybrook village in Dublin.
Formerly an outdated and vacant office building, award-winning architects Henry J. Lyons have redesigned and reconfigured Donnybrook House to create […]

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CSO House Price Index – Rising Prices in Rural Areas But Brexit Effect is Stark For Border Area

  CSO House Price Index – Rising Prices in Rural Areas But Brexit Effect is Stark For Border Area

Responding to the latest CSO house price figures indicating an accelerating rate of increase in prices outside of Dublin 15.2pc in the year to June from 14.1pc in the year to May and 13.6pc to April and a continuing slowing in the rate of house price increases in Dublin, at 9pc in the year to […]

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CIF Budget Submission For the Delivery of Essential Housing and Infrastructure

  CIF Budget Submission For the Delivery of Essential Housing and Infrastructure

According to the Construction Industry Federation (CIF), the forthcoming Budget is an opportunity to remove a number of blockages in delivery of essential housing and infrastructure. The CIF has stated that the delivery of transformative housing and infrastructure requires more effective co-ordination between industry and government in three key areas: investing in skills and R&D, […]

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GDG Wins European Funds to Develop Novel Asset Management Software

  GDG Wins European Funds to Develop Novel Asset Management Software

Gavin and Doherty Geosolutions (GDG), an award-winning specialist firm focused on the delivery of infrastructure projects involving complex and challenging ground conditions, has been awarded the first stage of the European Commission’s SME INSTRUMENT, a support fund designed to accelerate the route to market for innovative SMEs with game changing ideas within their specific sectors. […]

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The Irish Concrete Society Launches Concrete Technology Course

  The Irish Concrete Society Launches Concrete Technology Course

The Irish Concrete Society recently launched the 2018 Fundamentals of Concrete Technology course. Commencing on the 7th of September in UCD the course provides participants with essential information on concrete technology and construction. The programme includes two half-days of lectures and a half-day on site, time also spent in a civil engineering laboratory carrying out […]

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New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

  New €6.5 Million Development Project to Expand NovaUCD’s Capacity to House Start-ups

NovaUCD, the University’s Centre for New Ventures and Entrepreneurs, is set to expand its capacity to house early-stage start-ups by over 50% with a €6.5 million development project. The project to renovate and extend the facility’s east courtyard commenced recently and is expected to be completed within 12 months.
NovaUCD which officially opened in October 2003 is currently home to […]

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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 GMIT Galway campus. The extension will double the size of the Innovation Hub to about 2,400 sq m, providing space for an additional three dedicated MedTech R&D units; 17 incubation units for start-ups in the […]

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Grafton Group to Raise €160 Million

  Grafton Group to Raise €160 Million

Grafton Group, the merchanting and DIY business with operations in the UK, Ireland and Mainland Europe, has agreed to raise €160 million (£144 million) through an issue of unsecured senior notes in the US Private Placement market with ten and twelve year maturities at an average annual coupon of 2.5 per cent. The notes will […]

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