Construction BUSINESS

 Breaking News
  • Hines and APG Announce Additional €700 Million ‘Build-to-Rent’ Investment Program For Wider Dublin Hines, the international real estate firm, and partner APG Asset Management (APG) have commenced construction on the first new apartment buildings as part of the new Cherrywood Town Centre in South Dublin. The project will see 1,269 new apartments developed in Cherrywood Town Centre alone over the next three years, including 130 social units. The contract [...]...
  • Lifetime Achievement Award For Height For Hire Flogas was the premier sponsor of the Drogheda Business Excellence Awards for 2018 and John Rooney, Managing Director of Flogas Ireland, presented the Lifetime Achievement Award to Harry McArdle, Founder and Chairman of Height for Hire, a family owned company that has become the largest privately-owned mobile elevating work platform (MEWP) rental company in the UK [...]...
  • U+I and Colony Capital Granted Planning For Carrisbrook House Redevelopment in Dublin A joint venture of U+I and investment vehicles managed by Colony Capital, has secured consent from An Bord Pleanála to radically transform and extend the landmark Carrisbrook House office building in Dublin 4. Carrisbrook House, an eight-storey building originally built in 1969 on the corner of Pembroke Road and Lansdowne Road, is to be completely [...]...
  • The Digital Hub Selects Architect and Project Management Firms to Support its Development The Digital Hub, Ireland’s largest and most established cluster of technology, digital media and internet companies, has announced the appointment of Scott Tallon Walker Architects and KSN Project Management to support the development of The Digital Hub. Following an EU-wide tendering process, Scott Tallon Walker Architects has been selected as the Design Team and KSN [...]...
  • NSAI Publishes Protocol to Assess Homes Suspected of Being Affected by Mica or Pyrite The National Standards Authority of Ireland (NSAI) has published a standard protocol called I.S. 465. This protocol will be used by engineers, geologists and laboratories to assess, test and categorise the damage in properties negatively affected by defective concrete blocks, due to excessive free muscovite mica and pyrite. It will also give guidance on remedial [...]...

2014 another strong year for BAM

  2014 another strong year for BAM

BAM Ireland, one of the country’s largest construction businesses, had a year of strong revenue growth in 2014, increasing its turnover by 15 per cent last year to €353 million, although its pretax profit of €6.3 million was down €1.2 million on 2013, mostly because of increased cost of sales. The profit margin was 1.8 […]

Read Full Article

ISIF to launch €100m fund for office development

  ISIF to launch €100m fund for office development

The State-backed Ireland Strategic Investment Fund has teamed up with a US real estate fund to offer up to €100 million to finance high-quality office development and construction projects.
Quadrant Real Estate Advisors, which has almost $6 billion in assets under management, and sources its funds from public pension funds and sovereignwealth funds, will invest up […]

Read Full Article

Ireland’s Tallest Hotel for €3.5m

  Ireland’s Tallest Hotel for €3.5m

The Clarion Hotel Limerick has been put up for sale by its receiver Kieran Wallace of KPMG with a guide price of over €3.5m.
Savills, which is handling the deal, said the hotel is being offered for sale by private treaty with the benefit of existing occupational leases.
The landmark hotel opened in 2002 and […]

Read Full Article

Nama to finance €87m office building in Dublin

  Nama to finance €87m office building in Dublin

Nama is to finance an €87 million Grade A office development on the North Wall Quay in the Dublin docklands. The site previously formed part of the development lands held by the now defunct Treasury Holdings near the 3 Arena.
Receiver Declan McDonald of PwC has lodged a planning application for the seven- to nine-storey block […]

Read Full Article

Ulster Bank to sell 20 well-located sites in Dublin

  Ulster Bank to sell 20 well-located sites in Dublin

Twenty well-located Dublin development sites are among 42 due to be sold by Ulster Bank when it offloads a portfolio of distressed loans next month.
The loans, with a face value of €2 billion, are expected to attract offers of between €400,000 and €500,000 in the final round of bidding between Irish developers and overseas investment […]

Read Full Article

Ronan seals D4 deal for €200m

  Ronan seals D4 deal for €200m

Developer Johnny Ronan has bought a prime 3.7-acre site in Dublin 4and plans to redevelop it as part of a landmark €200m scheme.
Ronan Group signed the deal for part of the AIB Bankcentre headquarters in Ballsbridge on Friday, financed by Cardinal Capital and Jefferies Loancore, a new entrant into the Irish property market.
Underbidders on the […]

Read Full Article

Center Parcs submits development plans for Ballymahon project

  Center Parcs submits development plans for Ballymahon project

Holiday resort firm Center Parcs has submitted a planning application for a €233m development near Ballymahon, Co Longford.
750 construction jobs are expected to created and 1,000 permanent jobs as soon as it is fully operational.
Fianna Fáil TD for Longford – Westmeath Robert Troy said:
“This investment highlights the potential that exists to grow the […]

Read Full Article

Luas Cross City tracks to arrive on O’Connell Street

  Luas Cross City tracks to arrive on O’Connell Street

Tram tracks for the new Luas Cross City line were put in place on Dublin’s O’Connell Street on Thursday. The tracks themselves will now be welded into place on the median of the street.
The excavation and preparation for rail tracks works started in the College Green area, Westmoreland Street and O’Connell Street during August 2015. […]

Read Full Article

CitA BIM Gathering to take place on November 12-13

  CitA BIM Gathering to take place on November 12-13

The CitA BIM Gathering is the keynote event of the year for all those interested in using Building Information Modelling (BIM) to increase efficiency and competitiveness or to learn how being BIM proficient can help win you business in Ireland and overseas. The event will take place on 12th and 13th of November in Gibson […]

Read Full Article

Five possible modular housing sites selected in Dublin

  Five possible modular housing sites selected in Dublin

Five sites have been identified for the location of up to 153 modular houses for homeless families.
The sites, details of which will be presented to Dublin City Council this evening, will be located in Poppintree in Ballymun, Mourne Road in Crumlin, Belcamp Avenue in Coolock, St Helena’s drive in Finglas and Cherry Orchard in Ballyfermot.
The […]

Read Full Article

Developer unveils plan to build 10,000 homes

  Developer unveils plan to build 10,000 homes

Property developer Michael O’Flynn aims to build 10,000 new homes over the next seven to eight years, mainly in Dublin and Cork, after putting together a €400 million funding package to relaunch his O’Flynn Construction Group In Ireland.
The Cork businessman has regained control of all the group’s development assets as part of a settlement agreement […]

Read Full Article

Amazon to take Ireland spend past €1bn with new data centre

  Amazon to take Ireland spend past €1bn with new data centre

Internet retail giant Amazon is planning yet another massive data centre in Dublin in a move that could propel its expected total capital expenditure on such projects here to as much as €1bn, the Irish Independent has revealed.
The newspaper recently reported that Amazon is already planning to build another huge data centre at a site […]

Read Full Article

Phibsboro Shopping Centre for €15m

  Phibsboro Shopping Centre for €15m

A new opportunity to redevelop Phibsboro Shopping Centre in the north Dublin suburb will arise shortly when the rundown complex is offered for sale along with two adjoining sites.
Eoin Feeney of BNP Paribas Real Estate is guiding €15 million for the centre which was owned by Pascal Conroy’s Albion property company until Nama appointed receivers […]

Read Full Article

Carrickmines ‘district centre’ site goes to market for over €45m

  Carrickmines ‘district centre’ site goes to market for over €45m

A large parcel of land designated for the third and final phase of the highly successful shopping and business facility known as The Park in Carrickmines, Dublin 18, will be of interest to Irish and overseas investment funds when it goes on the market today.
Mark Reynolds, of Savills, is guiding in excess of €45 million […]

Read Full Article

EIB commits €100M to Dublin port ABR project

  EIB commits €100M to Dublin port ABR project

The redevelopment of Dublin Port is set to be a major construction project involving Ireland’s civil engineering contractors.
It has been announced the European Investment Bank has committed to providing a €100m loan over 20 years, reflecting the long-term nature of Dublin Port’s Alexandra Basin Redevelopment (ABR) Project.
This is the first time in 20 years for […]

Read Full Article

Planning permission approved for Facebook offices in Meath

  Planning permission approved for Facebook offices in Meath

An Bord Pleanála has approved planning permission for Facebook’s planned €200m data centre in Clonee, Co Meath.
When it is operational, the centre will employ 115 people.
The development is expected to take 10 years, with further employment during the construction phase.
Facebook already have an office in Dublin with a capacity of 1,100 workers.
The office mainly works […]

Read Full Article

Two of Ireland’s Most Luxurious Castle Hotels to hit the Market

  Two of Ireland’s Most Luxurious Castle Hotels to hit the Market

Two of Ireland’s most luxurious castle hotels have been brought to the market as a going concern by Savills, on behalf of the Hanly Group.
Kilronan Castle, Co. Roscommon is on the market with a guide price of €4.5m and the nearby Lough Rynn Castle, Co. Leitrim is guiding €3.5m.
According to Savills, the sales represent a […]

Read Full Article

Volume of construction to increase for the third year in a row

  Volume of construction to increase for the third year in a row

According to the latest figures from the Central Statistics Office, the first half of 2015 has proven to be a good one for the industry.
The three months to the end of June (Q2) experienced an 8.5pc jump in the value of construction when compared with the same period last year while it also saw a […]

Read Full Article

BAM Ireland developing state of the art Microsoft campus building

  BAM Ireland developing state of the art Microsoft campus building

Minister for Jobs, Enterprise and Innovation, Richard Bruton TD, Eric Boustouller, Corporate Vice President for Microsoft Western Europe, and Cathriona Hallahan, Managing Director at Microsoft Ireland, marked the start of construction of Microsoft’s new state of the art campus facility. The ground-breaking ceremony took place yesterday in South County Business Park, Leopardstown.
Design, construction, and completion […]

Read Full Article

O’Hare & McGovern wins top prize at Northern Ireland construction awards

  O’Hare & McGovern wins top prize at Northern Ireland construction awards

O’Hare & McGovern, the leading Northern Ireland construction company has been declared the overall winner of this year’s Construction Excellence Awards.
Managing director Eamon O’Hare and senior members of his management team received the top accolade in recognition of the firm’s work on the showpiece Wellcome-Wolfson Institute for Experimental Medicine building at Queen’s University, Belfast.
The £32m […]

Read Full Article

BAM to build €350m M11 motorway

  BAM to build €350m M11 motorway

A consortium led by construction group BAM Ireland has signed a contract with the National Roads Authority (NRA) for the €350 million M11 Gorey to Enniscorthy public-private partnership (PPP) motorway project in Co Wexford.
This is expected to support up to 2,500 jobs and will see construction activity commence in January 2016.
It will involve the design, […]

Read Full Article

ESB opens new €33m Woodhouse Wind Farm in County Waterford

Pictured officially opening ESB’s €33m Woodhouse Wind Farm in Co.Waterford today  is Paddy Hayes ESB Executive Director Generation and Wholesale Markets and  Minister for Energy Alex White T.D.
Minister for Energy Alex White TD  today opened the new €33m Woodhouse Wind Farm in County Waterford, a key part of ESB’s Wind Development programme.
The new renewable energy […]

Read Full Article

Construction sector’s 25 months of continuous growth

  Construction sector’s 25 months of continuous growth

The Ulster Bank Construction Purchasing Managers’ Index – a seasonally adjusted index designed to track changes in total construction activity – dropped to 55.8 in September from 56.5 in August. This was the lowest reading since March, but still pointed to a marked increase in construction activity during the month. Output has now risen in […]

Read Full Article

RPS to Deliver New River Liffey Bridge

  RPS to Deliver New River Liffey Bridge

RPS, in a joint venture with Flint & Neill UK, has just been appointed by Dublin City Council to deliver a new bridge over the River Liffey for pedestrian & cyclist use.
The RPS Flint & Neill team is responsible for the options study, planning, detailed design and construction stages of the proposed bridge, which will […]

Read Full Article

Hotel and pub in Temple Bar on the block for €15m

  Hotel and pub in Temple Bar on the block for €15m

CBRE is seeking €15m for the Paramount Hotel and Turks Head in Temple Bar in Dublin.
The Paramount Hotel and Turks Head includes 66 en-suite bedrooms, a food and beverage operation in one of the city’s most popular locations. CBRE believe this is a “rare opportunity to acquire an established business superbly located in Dublin city […]

Read Full Article

Dalata planning to build up to seven hotels around Dublin

  Dalata planning to build up to seven hotels around Dublin

Hotels firm Dalata is in discussions to buy as many as seven sites in central Dublin to build hotels as it seeks to take advantage of the shortage of rooms in the capital.
Speaking after an extraordinary general meeting which saw shareholders sign-off on a €160m fundraising for new projects, Dalata boss Pat McCann said his […]

Read Full Article

Ireland’s biggest regional shopping centre is going under the hammer

  Ireland’s biggest regional shopping centre is going under the hammer

The Whitewater Shopping Centre in Newbridge will be put on the market this week with a pricetag of over €150 million, property industry news source CoStar News has revealed.
The County Kildare complex, which first opened in 2006, is Ireland’s largest regional shopping centre with about 300,000 sq ft of space and tenants including Marks & […]

Read Full Article

Dublin house prices down but prices rise outside the capital

  Dublin house prices down but prices rise outside the capital

The average asking price for homes in Dublin fell by 1.4 per cent in the third quarter but outside Dublin, prices rose by 3.9 per cent, according to the latest House Price Report just released by Ireland’s largest property website, Daft.ie.
The report shows that Dublin house prices rose by just 2.4 per cent year-on-year in […]

Read Full Article

Rye River Brewing Corporation will invest €4m to build a new brewery

  Rye River Brewing Corporation will invest €4m to build a new brewery

Rye River Brewing Corporation has announced an investment of €4m to build a new brewery and visitor centre in Celbridge in Co Kildare.
The new centre is expected to employ 150 people within three years and its building will also create 100 construction jobs.
The new brewery and visitor centre are due to open in late spring […]

Read Full Article

Laboratory To Be Developed In Co Kildare

  Laboratory To Be Developed In Co Kildare

Funding has been secured, from the Government’s Capital Investment Programme, to develop a new State Forensic Science Laboratory, in Celbridge, Co Kildare.
The new laboratory is to be established at the Backweston site and construction will commence in 2019.
Fine Gael TD for Kildare North, Anthony Lawlor, welcomed the announcement.
He said: “This is an affordable, responsible […]

Read Full Article


Constrcution Summit

PROMO – Construction Summit 2016 – Sustaining the Momentum

Lean Construction Ireland – Enhancing Ireland’s Competitive Advantage

The Magazine – Construction Business

The Magazine – Construction Summit 2016

The Magazine – Construction Summit

Upcoming Events

  • No upcoming events
AEC v1.0.4

New Subscriber





Subscribe Here



Advertisements