Construction BUSINESS

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  • 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 [...]...
  • €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. [...]...
  • €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 [...]...
  • 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 [...]...
  • 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 [...]...

FenestraPro Premium for Revit – Efficient Facade Design for Architects

  FenestraPro Premium for Revit – Efficient Facade Design for Architects

FenestraPro, a leading provider of software that enables energy efficient facade design, is delighted to announce the launch of FenestraPro Premium for Revit, continuing the development of the FenestraPro Add-in range for Autodesk Revit.
FenestraPro Premium for Revit is the complete package which enables architects to design environmentally efficient building façades more effectively, while ensuring compliance […]

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Management Buyout (MBO) of Walls Construction Announced

  Management Buyout (MBO) of Walls Construction Announced

An investor backed management buyout (MBO) has been announced by leading Irish construction company Walls Construction. Founded in 1950, Walls Construction has been acquired by a new holding company controlled by the existing management team and private investors. The acquisition includes the Company’s headquarters building in Dublin and Munster regional office in Cork.
The investors from […]

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Alexion Pharmaceuticals Announces €450 Million Expansion in Dublin – 200 New Jobs and 800 construction jobs to be created over four years

  Alexion Pharmaceuticals Announces €450 Million Expansion in Dublin – 200 New Jobs and 800 construction jobs to be created over four years

Alexion Pharmaceuticals today announced plans to significantly expand its operations in Ireland by constructing the Company’s first ever biologics manufacturing facility outside the United States. This €450 million, four-year project, which will be constructed at Alexion’s College Park site in Blanchardstown, is expected to create approximately 200 additional full-time jobs on completion, which will bring […]

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Construction Industry Continues Renewed Growth

  Construction Industry Continues Renewed Growth

The country’s construction sector grew at its fastest pace so far this year in April with new business on the rise and more people working in the sector.
The industry showed further signs of recovery last month, with the Ulster Bank Construction purchasing managers’ index climbing to 57.2 from 52.9 in March.
Activity ramped up to its […]

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Nimbus researchers secure €1.5m in EU funding for energy efficient buildings projects

  Nimbus researchers secure €1.5m in EU funding for energy efficient buildings projects

Researchers from the Nimbus Centre at Cork Institute of Technology (CIT) have secured €1.5m in EU funding as part of the development of two international projects.

The Horizon 2020 projects are in the ICT for Energy Efficient Buildings call for 2015.
The first is called ‘Tools for Continuous Building Performance Auditing’ led by Dr Susan Rea and […]

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Regus to open seventh location

  Regus to open seventh location

Regus has announced today that it will open its seventh location in Dublin’s North Quay.
The global workspace provider currently has five other centres across Dublin, including the one in The Chase, Sandyford, that opened last year and one in Cork. They claim that enquiry rates are at an all-time high, particularly from the tech […]

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CRH set to spend €8bn on takeovers

  CRH set to spend €8bn on takeovers

The building materials and cement giant has already suggested that its 2015 spend and deal flow will not be contained to its proposed €6.5bn purchase of certain assets being disposed of to allow for the merger of European cement titans Holcim and Lafarge.
Speaking after the group’s AGM yesterday, CRH chief executive Albert Manifold said the […]

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Galway’s planned by-pass to affect homes and NUI.

  Galway’s planned by-pass to affect homes and NUI.

More than 40 homes will be demolished to make way for the Galway bypass, with the university campus and Ballybrit racecourse to also be affected by the newly-chosen route.
A further 10 homeowners will be severely disrupted by the plans and will also receive offers to buy their properties.
Castlegar village will be significantly affected by the […]

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KBC to open hub at College Green

  KBC to open hub at College Green

The 291 sq m hub at 16 College Green (above) will offer banking facilities on the doorstep of Trinity College and in the heart of Dublin’s shopping district. The hub, which is KBC’s twelfth retail banking location nationwide, will offer state-of-the-art facilities including a ‘Discovery Zone’ providing interactive technology and access to digital support.
College Green […]

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The Dawson in central Dublin hits the market with €15m price tag

  The Dawson in central Dublin hits the market with €15m price tag

Morrissey’s and Savills have been retained as agents to sell “The Dawson” in central Dublin with a guide price in the region of €15m.
The Dawson is described as “an unrivalled licensed opportunity located at 35-36 Dawson Street, Dublin 2”.
It is being offered for sale by public tender. The tender is scheduled to take place at […]

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Hibernia Reit buys two Lime St properties for €4.6m

  Hibernia Reit buys two Lime St properties for €4.6m

Hibernia Reit plc said today that it has bought two properties in the South Docks area of Dublin for a total of €4.6m.
Both are located on Lime Street, in Block 11 of the area designated by Dublin City Council as a strategic development zone (SDZ).
The purchase has completed on 8/9 Hanover Street East, a part […]

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Prime office and retail portfolio for €118m

  Prime office and retail portfolio for €118m

With the Dublin retail market, as well as the suburban office sector, rapidly recovering, Royal London Asset Management is planning to offload eight retail investments and five office assets with an overall value of €118 million.
The Sovereign Portfolio, which includes the McDonald’s building on Grafton Street, is producing an overall rent roll of €7,412,200 which […]

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US company Opko buys Eirgen for $135m.

  US company Opko buys Eirgen for $135m.

Waterford-based pharmaceutical company EirGen has been acquired by US drugs company Opko for $135 million. Founded by Tom Brennan and Patsy Carney 10 years ago, the company employs 100 people and manufactures high potency drugs for cancer chemotherapy.
Opko – which is listed on the New York Stock Exchange and based in Miami – is paying […]

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€300m for major New Social Housing

  €300m for major New Social Housing

Up to €300m is being poured into a major social housing construction programme.
It is hoped that more than 100 separate projects will be kick-started around the country through the Government’s plan that is being unveiled today.
Every local authority across the country is due to get a cut of the funding that is aimed at providing […]

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Fire-risk homes in blaze estate to cost €10k each to make safe

  Fire-risk homes in blaze estate to cost €10k each to make safe

The cost of fixing fire safety issues in a Kildare housing estate that was affected by a massive blaze could be €10,000 per home, residents have learned.
Inspections at some homes in the Millfield estate in Newbridge have found structural and fire safety deficiencies, and residents are calling for a meeting with Kildare County Council on […]

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New Children’s Hospital Design Revealed

  New Children’s Hospital Design Revealed

Located in Dublin 8, the design of the seven-storey building was unveiled by Minister Leo Varadkar and the Office of the Ombudsman for Children this morning.
Delayed for some time over controversy about where it should be located, it is understood that planning permission will be sought shortly and that work could commence by the end […]

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Minister Kelly officially opens Social Housing development at Grand Canal View.

  Minister Kelly officially opens Social Housing development at Grand Canal View.

Schemes such as this are about more than just about the homes. They are also about building sustainable communities. Community is, after all, the lynchpin which binds us together in our daily lives, and it was the motivating factor for this development through the Bluebell Steering Group,” so said Minister for the Environment, Community & […]

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Greenman Investments closes €95m deal with German grocer

  Greenman Investments closes €95m deal with German grocer

Greenman Investments, a Dublin-headquartered firm that specialises in buying German retail assets, has paid €95 million for a portfolio of 29 stores from Edeka, Germany’s largest grocer, which has 26 per cent of the German market.
John Wilkinson, the managing director of Greenman, said the sale and leaseback deal brings the total value of German retail […]

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Bausch+Lomb to create 125 jobs in Waterford with €75m investment

  Bausch+Lomb to create 125 jobs in Waterford with €75m investment

150 construction jobs also to be created as part of investment supported by Dept of Jobs through IDA Ireland
Waterford – April 29, 2015 – The Minister for Jobs, Enterprise and Innovation Richard Bruton TD today announced that Bausch+ Lomb, a leading global eye health company, plans to invest €75M in extra manufacturing capacity […]

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Hollywood makeover in Dundrum for €2.5m

  Hollywood makeover in Dundrum for €2.5m

In 1999 Hollywood House, an imposing Victorian two-storey over basement house at Mount Anville Road in Dublin 14, went on the market for £1.3 million. It sold for a little less than the asking price (there had been plans for a new road layout nearby that could have compromised the gardens) so it wasn’t, perhaps, […]

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Apple looks to invest more than €400m on power projects for its €850m Irish data centre

  Apple looks to invest more than €400m on power projects for its €850m Irish data centre

Apple is looking to invest more than €400m directly to fund at least six renewable energy projects in Ireland.
The firm has invited partnership proposals from green energy developers to set up multiple new projects, with each having a power generation capacity of up to 50MW, reports The Irish Times.
Apple has planned the projects to meet […]

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Regeneron plan is ahead of schedule

  Regeneron plan is ahead of schedule

FIVE years after Dell vacated its manufacturing facility in Limerick, the same building is full of life once again, with hundreds of high-level jobs being created.
Biopharmaceutical giant Regeneron says it is on track to start its operation in 2016, with the 12-hectare former manufacturing facility for computers set to accommodate hundreds of new workers producing […]

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CRH finance director to take on new internal role

  CRH finance director to take on new internal role

Construction group CRH has said its finance director Maeve Carton is to assume the new role of group transformation director from January next.
In her new role Ms Carton will be charged with identifying and implementing “the optimum financial and business model for the group” in order to boost shareholder returns.
Ms Carton will continue to report […]

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Potential for 20,000 new jobs in construction – CIF

  Potential for 20,000 new jobs in construction – CIF

Some 20,000 new jobs could be created in the construction sector if the government was to implement a series of measures, the Construction Industry Federation (CIF) said on Monday.According to the CIF, the construction sector accounted for 45 per cent of all the additional jobs created in the Irish economy last year, but “even further […]

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Ulster University: Second phase plans for Belfast campus

  Ulster University: Second phase plans for Belfast campus

The second phase of the Ulster University’s new Belfast campus will be built by a joint venture between Lagan Construction Group and the Portuguese firm Somague.
The £150m contract will involve constructing two new buildings and refurbishing existing buildings.
The first phase of the development, which is being built by McLaughlin and Harvey, is expected to be […]

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Agora Publishing to create 100 jobs in Co Waterford

  Agora Publishing to create 100 jobs in Co Waterford

publishing company which has over one million readers around the world has provided a major employment boost today with the announcement of 100 jobs for Co Waterford.
Agora Incorporated is setting up a multilingual contact centre and technology services centre in Portlaw. The 100 new roles will be established within the next three years, with […]

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Eircom signs €10m broadband deal with Chinese giant Huawei

  Eircom signs €10m broadband deal with Chinese giant Huawei

Eircom has signed a deal worth €10m with telecoms firm Huawei that will see the Chinese industry giant supply it equipment as Eircom begins its nationwide rollout of fibre broadband.Equipment is already being deployed in 16 locations where network construction has commenced for the rollout of Eircom’s new ‘fibre-to-the-home’ package, which is also set to […]

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Clontarf Infill Site on market for €4m

  Clontarf Infill Site on market for €4m

An interesting ready-to-go mixed-use infill site in Clontarf is on the market for €4 million through DTZ Sherry FitzGerald.
The seafront site at 59-60 Clontarf Road – right in the heart of Clontarf village – extends to 0.82 of an acre and has full planning permission for 19 residential units and a retail unit.
There is 26 […]

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Nama’s €450m Dublin project

  Nama’s €450m Dublin project

Nama is one of a number of organisations partnering to deliver a €450m development in the Dublin Docklands after planning permission was granted yesterday.Permission for 18,000sq m of office space and 100 apartments at Hanover Quay has been granted by Dublin City Council, clearing the way for work to begin.
Along with Nama, Los Angeles-headquartered Oaktree […]

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next phase of Kerdiffstown Landfill Remediation Project

  next phase of Kerdiffstown Landfill Remediation Project

Mr. Alan Kelly, T.D., Minister for the Environment, Community and Local Government, today (21 April 2015), welcomed the announcement by Kildare County Council of its plans for the remediation of Kerdiffstown landfill outside Naas. Responsibility for the landfill site will transfer to Kildare County Council in the coming weeks allowing for the process to […]

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