Construction BUSINESS

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  • Tech Companies Continue to Dominate Dublin City Centre Prime Office Market International tech companies continued to dominate the capital’s commercial office market in 2017 and are expected to do so again this year. Analysis from the Lisney report, Lisney 2018, ‘Our View’ highlights the impact these large and rapidly expanding companies are having on the market. Facebook and Google alone are on track to occupy 4% of all [...]...
  • PM Group Acquires UK Specialist Engineering Firm PM Group has announced the acquisition of PROjEN, a 100-person multi-disciplinary engineering firm based in the UK, with offices near Manchester and in Edinburgh. The company has joined PM Group as PM PROjEN. PM PROjEN provides multidisciplinary engineering and project management services in the chemical, petrochemical, advanced manufacturing technology and energy sectors. “The acquisition of PM [...]...
  • House Prices – More Onerous Rules For Non First-time-buyers Exacerbating Supply Issue The very slight moderation in house price inflation in the latest CSO house price data – from 11.6pc in the year to October to 11.3pc in November in Dublin and from 12.8pc to 11.7pc in the rest of the country in the same period, comes as no surprise as housing supply is still a gulf [...]...
  • 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 Price Index November 2017 report. This compares with an increase of 11.8% in the year to October and an increase of 9.2% in the twelve months to November 2016. In Dublin, residential property prices increased by [...]...
  • PM Group Appoints Two New Board Directors Project Management Holdings (PM Group), the award-winning international project delivery firm headquartered in Ireland with over 2,200 people worldwide, has announced the appointment of Andy Rayner and Anthony O’Rourke to its Board. Andy Rayner (pictured right) is the Group’s Pharma Sector Director and Chief Technology Officer (CTO). Andy has worked with PM Group since 1989 and has [...]...

Irish Georgian Society Conservation Award Winners 2017

  Irish Georgian Society Conservation Award Winners 2017

The winners of the Irish Georgian Society’s 2017 Architectural Conservation Award and Original Drawings Award have been announced. The awards were launched in 2009 and are open to Irish architects or architectural practices, building surveyors, contractors, engineers and other professionals involved in the conservation of historic buildings in Ireland. Their purpose is to encourage excellence […]

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SEAI and OPW Partner on Energy Saving Pilot Programme

  SEAI and OPW Partner on Energy Saving Pilot Programme

The Sustainable Energy Authority of Ireland (SEAI) is working in partnership with the Office of Public Works (OPW) to help make government buildings more energy and cost efficient with the added benefit of making them warmer and healthier places to work. The Central Government Building Upgrade Fund, funded by SEAI and administered by the OPW, […]

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Guaranteed Irish Welcomes Support For Housing and Enterprise Development

  Guaranteed Irish Welcomes Support For Housing and Enterprise Development

Guaranteed Irish has welcomed measures in Budget 2018 to increase housing supply and support enterprise. However, the organisation cautioned that further measures are needed to adequately stimulate Ireland’s construction sector. Measures welcomed by the business membership organisation included a total allocation of €1.8 billion for housing in Budget 2018, the establishment of Home Building Finance […]

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Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy

  Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy

The Construction Industry Federation (CIF) has stated that the measures announced in Budget 2018 will help address the systemic weaknesses in infrastructure investment.
Tom Parlon, CIF Director General, stated: “The Government has taken significant steps today towards insulating the economy from externals shocks today with the announcement of a 17% increase of €790 million in public […]

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First EU-wide Tool For Sustainable Building Performance Reporting

  First EU-wide Tool For Sustainable Building Performance Reporting

The European Commission has launched the pilot phase of ‘Level(s)’, a new EU- framework for sustainable buildings, which will help transform the building sector. It is the first tool of this kind that has been developed for use across the whole of Europe.
Commissioner for Environment, Maritime Affairs and Fisheries, Karmenu Vella said: “Level(s) can help […]

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Construction Companies Reporting Difficulty Accessing Funding

  Construction Companies Reporting Difficulty Accessing Funding

A new survey by RSM and the Construction Industry Federation has found that construction companies are still facing significant difficulties in accessing funding to invest in their businesses and to deliver viable housing and infrastructure projects. Of those surveyed, only 33% of those involved in house building obtained bank finance. 63% who sought to borrow […]

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Guaranteed Irish Calls For VAT Reduction and Expansion of Incentive Schemes to Stimulate Construction Sector

  Guaranteed Irish Calls For VAT Reduction and Expansion of Incentive Schemes to Stimulate Construction Sector

Guaranteed Irish has called for a reduction in VAT, the expansion of incentive schemes, and an overhaul of apprenticeships to stimulate the construction industry. The organisation has published recommendations on the steps needed to ensure sustainable construction in Ireland in future years. The recommendations were formulated at a roundtable event attended by Guaranteed Irish construction-industry […]

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Dragon Brand Foods to Build New Factory

  Dragon Brand Foods to Build New Factory

Strabane-based food manufacturer, Dragon Brand Foods is investing over £500,000 in jobs, innovation and a new factory with the support of Invest Northern Ireland. The company is due to begin construction on its new factory at Strabane Business Park as part of its plans to grow its business.
The company is also creating four new roles […]

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4site Appoints Ray O’ Connor as Chief Commercial Officer

  4site Appoints Ray O’ Connor as Chief Commercial Officer

4site, leaders in designing, building and maintaining network infrastructure for utilities companies and network owners, has appointed Ray O’ Connor as Chief Commercial Officer. In his new position, Ray will direct and coordinate the commercial operations of 4site, focusing on the development of existing business and the acquisition of new opportunities.
Ray O’Connor.
He will play a […]

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NPF recognises Ireland’s future is urban – Gov must back ambition with funding

  NPF recognises Ireland’s future is urban – Gov must back ambition with funding

The Government’s newly published draft National Planning Framework correctly recognises that Ireland’s future is urban – now that appreciation must be backed by ambitious investment in Dublin and Ireland’s other main cities, according to business organisation Dublin Chamber.
Dublin Chamber, which represents companies throughout the Great Dublin Area, commended Government on the production of the draft […]

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Registrations invited for ‘Meet the Buyer’ event for construction of children’s hospital

  Registrations invited for ‘Meet the Buyer’ event for construction of children’s hospital

Enterprise Ireland, in association with the National Paediatric Hospital Development Board, is inviting registration for a ‘Meet the Buyer’ event for the construction of the new children’s hospital. The event will take place at the Royal Hospital Kilmainham from 8am – 12 noon on 25 October 2017 and is free of charge.
This ‘Meet the Buyer’ […]

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DIT introduces inaugural Sirus Scholarship in Building Engineering 2017

  DIT introduces inaugural Sirus Scholarship in Building Engineering 2017

DIT and Sirus International are calling on the young men and women of Ireland to join the Building Engineering community to help create a better world. To attract more Irish students to this exciting and rewarding industry, DIT is delighted to introduce the inaugural Sirus Scholarship in Building Engineering 2017. Commenting on the scholarship, Ciara Ahern, […]

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Kingspan Insulation launches $25 million XPS line expansion

  Kingspan Insulation launches $25 million XPS line expansion

Kingspan Insulation in North America pulled out all the stops as it marked the commissioning of its new GreenGuard XPS manufacturing line in style with a ribbon cutting ceremony last month. The $25 million expansion at the company’s Winchester plant is part of Kingspan’s growth strategy for the North American market. This facility is in […]

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Major planning application for residential-led Cherrywood development submitted

  Major planning application for residential-led Cherrywood development submitted

Hines has submitted a large-scale planning application for a new town centre development that will serve as the focal point for the new town of Cherrywood in the Dun Laoghaire-Rathdown borough of South Dublin.
Permission is being sought for a new 2.1 million-square-foot plan for a mixed-use development with a large residential component that will comprise […]

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Publication of the draft National Planning Framework

  Publication of the draft National Planning Framework

The Government has just published “Ireland 2040 – Our Plan” for its final round of public consultations. Over the next number of weeks, until 3 November, members of the public will have the chance to review what is essentially the long-term strategic planning framework for the country’s future growth and prosperity.
Ireland 2040 – Our Plan […]

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UCC unveils most ambitious strategic plan in its history

  UCC unveils most ambitious strategic plan in its history

University College Cork (UCC) has unveiled its €350 million investment plan which will create more than 500 new construction jobs in Cork over the next five years.
Announcing his strategic plan UCC President, Professor Patrick O’Shea, outlined the development goals for UCC which include major capital projects and significant targets in the areas of philanthropy and […]

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Construction must attract more women into industry to solve Irish housing and infrastructure crises

  Construction must attract more women into industry to solve Irish housing and infrastructure crises

The Construction Industry Federation welcomed over 100 people to its Women in Construction Network event yesterday. The event entitled #BuildingEquality saw the launch of the CIF’s Women in Construction Network. The objective of the network is to increase the number of women working in the construction industry.
A recent report by the CIF showed that the […]

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NTA’s Dublin Quays figures at odds with commuter experience

  NTA’s Dublin Quays figures at odds with commuter experience

New figures released this week by the National Transport Authority are at odds with feedback from commuters regarding the impact of new traffic changes in the city, according to business group Dublin Chamber.
The Chamber said that figures showing an improvement in bus journey times between specific points along the north and south quays fail to […]

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Investment in rural water sector increases to over €15m

  Investment in rural water sector increases to over €15m

Eoghan Murphy, Minister for Housing, Planning and Local Government has announced the further 2017 grant allocations to local authorities for group water and group sewerage schemes, providing an additional €3.676m under the 2017 Rural Water Programme over the interim allocations of €11.696 already announced in June.
The allocations to local authorities, which amount to over €15.372 […]

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HSA publishes 2016 Annual Report

  HSA publishes 2016 Annual Report

The Health and Safety Authority haspublished its 2016 Annual Report outlining major activities, achievements and outcomes over the course of the year. Key highlights include:

10,477 inspections and investigations undertaken

6,497 inspections carried out in the high-risk farming, construction and fishing sectors

Written advice provided in over 4,301 inspections

369 improvement notices and 413 prohibition notices issued

17 prosecutions taken […]

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Vigilance needed to sustain pace of jobs growth in construction

  Vigilance needed to sustain pace of jobs growth in construction

An Tánaiste and Minister for Business, Enterprise and Innovation Frances Fitzgerald and Minister for Rural and Community Development, Michael Ring have welcomed the latest Quarterly National Household Survey figures from the Central Statistics Office, showing that employment continues to increase strongly with 48,000 more people employed in the year to Q2 2017.
An Tánaiste and Minister […]

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Dublin’s office stock contracts as demolitions exceed new completions

  Dublin’s office stock contracts as demolitions exceed new completions

Despite enough office space being completed to accommodate 2,700 workers, Dublin’s office stock actually contracted in Q2 due to large-scale demolitions of older buildings.
According to a new report by Savills Ireland over 32,000 sq m of new office space was delivered in Q2, mostly in prime business districts such as Molesworth St., St. Stephens Green […]

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Construction fuels employment growth

  Construction fuels employment growth

Ibec has welcomed the strong jobs numbers recently published by the CSO. The numbers provide more evidence of broad positive momentum in the economy, despite Brexit uncertainty. Employment grew by 2.9% in the first half of the year, closely in line with Ibec forecasts.
The strongest growing sectors were ICT and construction which experienced growth of […]

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Workshop: early career women engineers

  Workshop: early career women engineers

The Royal Irish Academy with the support of Engineers Ireland will hold a workshop to explore the problems and issues associated with retention and progression of early career women engineers and computer scientists.
This free event will take place on Tuesday 26 September at Academy House, 19 Dawson Street, Dublin 2 from 10:00am to 3:00pm. Guest speakers […]

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CRH agrees US$3.5bn acquisition of Ash Grove Cement

  CRH agrees US$3.5bn acquisition of Ash Grove Cement

CRH plc, the international building materials group, has announced that it has reached an agreement to acquire Ash Grove Cement Company, a leading US cement manufacturer headquartered in Overland Park, Kansas, for a total consideration of US$3.5 billion. The proposed transaction is subject to Ash Grove shareholder and regulatory approvals and will be financed through […]

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Walls appointed to €100m Charlemont Exchange redevelopment

  Walls appointed to €100m Charlemont Exchange redevelopment

Marlet Property Group Ltd., in conjunction with M&G Investments, has appointed Walls Construction to carry out extensive redevelopment work on the Charlemont Exchange office building at Dublin’s Charlemont Place.
100 construction jobs, direct and indirect labour, are expected to be created during the project, which will see the addition of two new floors and extensive refurbishment […]

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KMCS appoints new directors

  KMCS appoints new directors

KMCS, one of Ireland’s leading Construction Project and Cost Management consultancies, has announced the appointment of three new company directors. Colm Larkin, Andrew Gargan and Eileen Finn join Nigel Spence, who remains as Managing Director of the company. This comes as Barry Keogh, Senior Partner and Co-Founder retires from the business as part of a […]

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Credit ratings agency KBRA selects Dublin for European Headquarters

  Credit ratings agency KBRA selects Dublin for European Headquarters

Kroll Bond Rating Agency (KBRA) has announced its expansion into Europe with the opening of its European Headquarters in Dublin. The move is expected to create 100 new jobs over the next three years.
KBRA is a full service credit rating agency that was established in 2010 to restore trust in credit ratings following the financial […]

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Innovation key to continued growth in construction sector

  Innovation key to continued growth in construction sector

Over 60 companies from across the construction sector attended the Enterprise Ireland Technology Gateways Innovation in Construction conference in Dublin. The event focused on the importance of innovation in this pre-Brexit era.
The conference brought together two clusters of Technology Gateways – A-IoT* and EMD Ireland**, providing specialised presentations and industry case studies from Technology Gateways involved 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 year. However, the rate of increase in the second quarter was marginally slower than in Quarter 1. The standardised average national rent stood at €1,017 per month in Q2, 2017 – up by €63 – […]

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