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  • Cairn Homes to Introduce Duplex Homes to Parkside Development Since its launch in 2015, Parkside located on the Malahide Road, has established itself as one of the most attractive and sought-after new developments in North Dublin. For the first time, Cairn Homes is introducing their brand-new duplex homes to the popular family-focused development. In addition to the new duplex homes, Parkside is also launching [...]...
  • Hardware Sector Set For Strong Growth as Economy Expands and Housebuilding Recovers Ireland’s robust economic performance coupled with the ongoing recovery in the housebuilding sector are driving strong growth in the hardware sector. Despite the severe weather in the early part of the year the hardware industry, including retail, wholesale and manufacturing, is now responsible for direct employment of 19,000 and an overall economic contribution of €377 [...]...
  • Brokers Ireland Warns of Financial Impact of Inability to Buy Homes at Affordable Prices Responding to the latest CSO house price figures indicating continuing house price growth of 12.1% in the year to March in Dublin and 13.4% elsewhere, Brokers Ireland has warned that unless supply of properties ramps up more quickly in the near future a whole generation now in their late twenties and thirties, and even beyond, [...]...
  • Irish Water to Tackle Leakage Across Tipperary as Part of €500 Million National Programme Irish Water has recently begun an extensive programme of work to improve water supply and tackle leaks in the network across Tipperary as part of a €500 million national investment in leakage reduction. Current works include replacing over 13 km of old and damaged watermains, removing any lead service pipes found on the public network, [...]...
  • Irish Construction Off to a Flying Start With Gold Award For Dublin Airport Roadbridge has won a Gold Award at the Considerate Constructors Scheme’s 2018 National Site Awards for its North Runway Construction Package 1 project at Dublin Airport. This is a huge achievement for the Irish construction industry, as it is the first project in Ireland to win a coveted gold award following the launch of the Scheme in Ireland [...]...

Gyproc Ireland to Invest €8 Million at Monaghan Quarry

  Gyproc Ireland to Invest €8 Million at Monaghan Quarry

Gyproc, Ireland’s leading manufacturer of plaster and plasterboard and part of the Saint-Gobain group, has announced an investment of €8 million as part of the development of its quarry in Knocknacran, Co. Monaghan. The development will see Gyproc recommence operations in the quarry, ensuring it has access to a long-term supply of gypsum rock, the mineral […]

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£5 Million Sewer Improvement Project Underway For Ormeau Area of Belfast

  £5 Million Sewer Improvement Project Underway For Ormeau Area of Belfast

NI Water has announce that work has commenced on a £5 million project to improve the sewerage infrastructure in the Ormeau area, which will include Ormeau Avenue, Dublin Road, Bruce Street, Sandy Row and sections of the lower Ormeau Road.
Work commenced on 5th February 2018 on Adelaide Street, with work progressing from the Ormeau Avenue end. NI Water anticipates […]

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National Construction Summit – 2nd May, 2018 – Citywest Convention Centre, Dublin

  National Construction Summit – 2nd May, 2018 – Citywest Convention Centre, Dublin

Expected to attract more than 2,000 visitors, from across the country, the 2018 National Construction Summit will be held on Wednesday, 2nd May at the Citywest Convention Centre, Dublin. Now in its fourth year, the annual National Construction Summit has become firmly established as an All-Ireland ‘must-attend’ event, which successfully connects key stakeholders across the […]

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NTR Closes Debt Facilities to Value of €43.2 Million to Fund Irish Wind Projects

  NTR Closes Debt Facilities to Value of €43.2 Million to Fund Irish Wind Projects

NTR has announced that it has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling a Euro equivalent of €66.5 million. Two of the debt facilities will be utilised to finance the construction of new wind farms, while the third is for the refinancing of a wind farm already […]

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McAvoy & Associates Issues a Survival Guide For Sub-contractors

  McAvoy & Associates Issues a Survival Guide For Sub-contractors

With the ripples from the collapse of Carillion, the UK construction group, having already spread to Ireland, McAvoy & Associates, a multi-faceted consulting firm which provides its clients with leading-edge expertise in the fields of taxation, business advice, accounting and financial planning, has issued a Survival Guide for Sub-contractors. Carillion had been part of the consortium […]

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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 analysis of the supply/demand, pricing, costs and international design trends in the sector and captures feedback from 16 interviewees with the Higher Education Institutions(HEIs) and the private sector involved in PBSA.
July 2017 saw the announcement […]

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GBHP and the South Eastern Trust Celebrate Topping Out of Ulster Hospital’s Acute Services Block

  GBHP and the South Eastern Trust Celebrate Topping Out of Ulster Hospital’s Acute Services Block

Ulster Hospital’s new £95 million Acute Services Block, the largest live healthcare project in Ireland, has celebrated its topping out with the last piece of the structure being placed at the top of the building. Led by the GRAHAM-BAM Healthcare Partnership, a joint venture between GRAHAM Construction and BAM, the Acute Services Block is part […]

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National Asset Management Agency Did Not Breach EU Rules

  National Asset Management Agency Did Not Breach EU Rules

Following a complaint, the European Commission has assessed whether the Irish National Asset Management Agency (NAMA) has benefited from illegal State aid and whether it granted undue advantages to certain property developers. The Commission has concluded that NAMA did not breach EU State aid rules.
Commissioner Margrethe Vestager, in charge of competition policy, said: “We have carefully […]

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Construction Industry Has Created 50,000 Jobs Since 2013

  Construction Industry Has Created 50,000 Jobs Since 2013

Over 50,000 jobs have been created in the construction industry since the lowest point of the recession in 2013. CSO figures indicate that industry has hired approximately 1000 people per month in this period. It is expected that 1 in 16 people in the economy will be employed in construction by 2019 as the industry […]

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CIS and Esri Ireland Map €56 Billion Worth of Construction Projects Throughout Ireland

  CIS and Esri Ireland Map €56 Billion Worth of Construction Projects Throughout Ireland

Esri Ireland, the market leader in geographic information services, has announced that Construction Information Services (CIS) has leveraged its digital mapping platform to present its members with a visual guide to construction projects around Ireland. 36,500 construction projects, worth €56 billion, are currently mapped on this visual platform.
CIS is Ireland’s leading construction intelligence service whose […]

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€417 Million Allocated For Regional and Local Roads

  €417 Million Allocated For Regional and Local Roads

The Government has announced details of a €417 million investment programme for 2018 for regional and local roads. Minister for Transport, Tourism and Sport, Shane Ross TD, said: “I am very happy to be able to announce a significant and much needed increase in grant allocations for regional and local roads this year. Overall 2018 […]

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Airsynergy Scoops Major UK Tech Award

  Airsynergy Scoops Major UK Tech Award

Airsynergy, one of Ireland’s leading cleantech firms, has scooped the top award for ‘Renewable Energy Technology of the Year’ at the third annual Energy Awards 2017. The awards, which took place recently at the London Hilton Hotel, recognise international excellence in the energy market and are attended by some of the most senior operators in […]

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€1.1 Million Renovation Works at Osprey Hotel, Naas

  €1.1 Million Renovation Works at Osprey Hotel, Naas

The Osprey Hotel in Naas, Co. Kildare, has commenced work on the creation of abrand new state-of-the-art spa as part of a major renovation project. The new spa is set to cost in the region of €1.1 million and will have luxury features, fittings and facilities.
The spa has been designed by renowned celebrity architect and star of RTÉ’s Home of the Year, Hugh Wallace. Hugh, along with […]

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Record Investment in Energy Efficiency and Renewable Energy in 2017

  Record Investment in Energy Efficiency and Renewable Energy in 2017

The Sustainable Energy Authority of Ireland (SEAI) has published its annual results for 2017. It shows a record €105 million government investment in energy efficiency and renewable energy, allocated through the Department of Communications, Climate Action and Environment (DCCAE). This included €70 million investment in home and community energy upgrades, 40% of which went to […]

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Development of Second-tier Cities Key to Sustainable Economic Growth

  Development of Second-tier Cities Key to Sustainable Economic Growth

Policies should aim to rebalance growth by encouraging regional development led by a small number of large urban centres outside Dublin, according to new ESRI research. If the current pattern of growth continues, it will lead to a further gap in prosperity between Dublin and the rest of the country. In Dublin, it will lead to additional […]

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Rebuilding Ireland Home Loan Introduced

  Rebuilding Ireland Home Loan Introduced

The Rebuilding Ireland Home Loan, a new Government-backed mortgage for first-time buyers, will be available nationwide from local authorities from Thursday, 1 February 2018. The loan can be used both for new and second-hand properties, or to build your own home.
In line with Central Bank rules, a person or couple can borrow up to 90% […]

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Naas Racecourse to Unveil Stunning New Feature Building

  Naas Racecourse to Unveil Stunning New Feature Building

Naas Racecourse will unveil its brand new ‘Feature Building’ at its National Hunt race meeting this Sunday, (28th of January). The new Feature Building was created as part of a €3.2 million HRI Capital Development Scheme which commenced last year.
It is an unusual structure; cylindrical in shape, it boasts wrap around glass and several balconies which […]

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Kingspan Makes $10 Million Strategic Investment in Software Company Invicara

  Kingspan Makes $10 Million Strategic Investment in Software Company Invicara

Kingspan Group plc has announced a $10 million investment in Invicara, a provider of transformative software solutions for the entire ecosystem of the built environment. With this investment, Kingspan has made a definitive commitment to the development of a solution for digitalisation of the construction industry.
Invicara has developed solutions that integrate with Building Information Modelling (BIM) […]

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£70,000 Rainwater Garden Completed at Clandeboye Primary School

  £70,000 Rainwater Garden Completed at Clandeboye Primary School

NI Water, the Department for Infrastructure, Education Authority and the Department of Education have announced that an innovative new rainwater garden to help reduce the risk of flooding has been completed at Clandeboye Primary School. £70,000 has been invested in the garden, which is an innovative flagship project for NI Water and the Department for […]

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Tech Companies Continue to Dominate Dublin City Centre Prime Office Market

  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 […]

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PM Group Acquires UK Specialist Engineering Firm

  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 […]

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House Prices – More Onerous Rules For Non First-time-buyers Exacerbating Supply Issue

  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 […]

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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 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 […]

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PM Group Appoints Two New Board Directors

  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 […]

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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 Dublin City, representing a +6.0% increase in current room supply. The first new hotel to open will be the Iveagh Garden Hotel (pictured above), which opens this month on Harcourt Street.
The summer will also see […]

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Final Stage of €6.5 Million Rejuvenation of Cahernane House Hotel

  Final Stage of €6.5 Million Rejuvenation of Cahernane House Hotel

International hotel management company, The PREM Group, are preparing to enter the final phase of a major €6.5 million redevelopment of their latest acquisition, Cahernane House Hotel in Killarney. Purchased by the PREM Group in 2016, Cahernane House Hotel has undergone extensive renovations over the past 18 months in a bid to return the luxury […]

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McHale Plant Sales Plans For Growth in 2018

  McHale Plant Sales Plans For Growth in 2018

Following a highly successful year in which sales volumes at the company increased by some 20% on the previous 12 months, McHale Plant Sales sees scope over the next few years for a further 40% growth within the marketplace generally. The company’s recent appointment as distributors of Komatsu Forest timber harvesting machinery and Terex Ecotec environmental […]

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Glenveagh Acquires Additional Sites to Deliver 660 Residential Units

  Glenveagh Acquires Additional Sites to Deliver 660 Residential Units

Glenveagh Properties, a leading Irish housebuilder listed on the Irish and London Stock Exchanges, has completed the acquisition of Brook Lane in Rush, County Dublin. Glenveagh has also signed an unconditional legal contract to acquire a development site at Millennium Park in Naas, County Kildare. These acquisitions have the combined potential to deliver in excess […]

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2018 is Off to a Fresh Start For Speculative Industrial Development in South West Dublin

  2018 is Off to a Fresh Start For Speculative Industrial Development in South West Dublin

Exeter Property Company has appointed contractors for the construction of a new 110,000 sq. ft. state-of-the-art logistics facility at Greenogue Business Park, just minutes from the Naas Road at Rathcoole. On completion, the company expects to employ over 200 people at the facility, whilst over 50 jobs will be created during construction.
“With the absence of […]

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Planning Regulations and Planning Process Delays Impacting on Irish Commercial Real Estate Sector

  Planning Regulations and Planning Process Delays Impacting on Irish Commercial Real Estate Sector

The latest Commercial Real Estate (CRE) Sentiment Tracker from Origin Capital, completed by 180 industry professionals, identified industry concerns about the current planning regulations and processes in Ireland and the recent increase in commercial property stamp duty as being among the risks faced within the sector.
Findings on CRE in Ireland generally:

84% believed that planning regulations […]

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