Construction BUSINESS

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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 [...]...

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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€7.5m garda station set for Kevin’s Street

  €7.5m garda station set for Kevin’s Street

A €27.5m state-of-the-art building is planned for Kevin Street Garda Station for 2017 – a move which will see a 13th century property become vacant.Kevin Street Garda Station currently calls an eight-century-old protected structure home: the Palace of St Sepulchre which was the residence of the Archbishop of Dublin for six centuries.
A massive overhaul is […]

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Major apartment scheme for Ballsbridge hotel sites

  Major apartment scheme for Ballsbridge hotel sites

Ireland’s most expensive development site, one of the centrepieces of the property crash, is finally to be offered for sale on the international market.
The high-profile landbank occupied by the Clyde Court and the Ballsbridge hotels in Dublin 4 seems destined to accommodate 490 apartments as well as a standalone hotel and a range of […]

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Ornua targets €3bn of sales and secured approval for the construction of a new €36 million Kerrygold butter plant in Co Cork.

  Ornua targets €3bn of sales and secured approval for the construction of a new €36 million Kerrygold butter plant in Co Cork.

Ornua, formerly the Irish Dairy Board, is hoping to hit €3 billion in sales in the post-milk quota era on back of strong demand for new powdered products in Asia and Africa.
The group, which owns tje Kerrygold and Dubliner Cheese brands, is Ireland’s largest exporter of butter, cheese and milk powders, trading in 110 markets, […]

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New housing development on the Northside

  New housing development on the Northside

A NEW housing development on the northside will be a fitting legacy for artist and 1916 Rising hero Peadar Kearney, his granddaughter has said.
Lord Mayor Christy Burke and Ministers Alan Kelly and Paschal Donohoe were on hand to open the complex – Peadar Kearney House – that will house 56 families on Railway Street, Dublin […]

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All-abilities playground in Cork starts build

  All-abilities playground in Cork starts build

It is hoped that the major facility in Fitzgerald’s Park, which will enable children with disabilities to play alongside able-bodied children, will be open by August.
City Hall said the timing of the work during the summer was unavoidable, given the long lead-in to the design and tendering process.
When the project was announced last year, a […]

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Penny’s re-opens in Sligo after completed renovation

  Penny’s re-opens in Sligo after completed renovation

Penneys has today reopened its newly renovated Sligo store, 33 years after the shop first opened in March 1982.
Seventeen new jobs have been created in the refurbished store, bringing total staff numbers to 103.
Following a nine week renovation, the new store comprises 18,900 sq ft of retail space.
“This store has a long history […]

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Killarney social housing gets the go ahead.

  Killarney social housing gets the go ahead.

A Killarney social housing project that has been on the back burner for over two years has finally been given the green light following the recent announcement that Kerry is to benefit from a €62m boost to social housing via the Housing Construction and Acquisition Programme.
The council had secured €1.1m in funding for eight social […]

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RDS plans €35m spend to redevelop its main stadium

  RDS plans €35m spend to redevelop its main stadium

RDS plans €35m redevelopment of its main arena
The stadium’s naming rights may be sold and Government grants are expected to cover part of the cost
Royal Dublin Society’s chief executive, Michael Duffy has said that the cost of redeveloping the RDS Arena is expected to come to €35m.
Speaking to the Irish Times, he added that the […]

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Irish company lands ‘zero energy’ housing contract

  Irish company lands ‘zero energy’ housing contract

Irish company Surface Power Hone and Belgian partner Mopac Systems International have won a contract to build low cost ‘daylight’ fuelled zero energy homes in the €10m first phase of a major German government social housing project.
Surface Power Hone said the two companies have developed the capacity to mass produce homes that are highly energy […]

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Belfast Lawyers to Join Construction Masterclass in May

  Belfast Lawyers to Join Construction Masterclass in May

Hill International and the Chartered Institute of Building announced today that leading speakers from top law firms will join construction experts at a Masterclass in the Europa Hotel, on 14th May 2015.
Speakers include Lisa Boyd of Cleaver Fulton Rankin, Tim Kinney, Partner at Tughans, Stuart Murphy of Carson McDowell, and Aaron Boyle of Arthur Cox. […]

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Irish Planning Institute warns reduction of local authority planners will cause planning delays

  Irish Planning Institute warns reduction of local authority planners will cause planning delays

The number of planners in local authorities has dropped by 32pc since 2006, according to the organisation.
Some 415 planners are currently employed by local authorities whereas 607 were working with local authorities in 2006.
Non-planners outnumber planners in the State’s local authority planning departments.
Mary Hughes, President of the Irish Planning Institute said: “Ireland is now the […]

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Cork tech firm to create 80 new jobs

  Cork tech firm to create 80 new jobs

Cork-based technology firm Global Shares has announced a major expansion plan which will create 80 new jobs over the next three years.
The company which develops software for managing employee equity plans currently employs 60 people in Clonakilty and has offices in New York, California and London.
It clients include big international companies like Cargill, Morningstar, Living […]

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UCD’s planned €7.4 million Confucius Institute

  UCD’s planned €7.4 million Confucius Institute

The brochure for UCD’s planned €7.4 million Confucius Institute could not be more enthusiastic. “A landmark modern building,” it reads. “Prominent lakeside setting. At the heart of the UCD campus. Inspired by traditional Chinese architecture.”
But many academics on campus are far from enamoured at the prospect of a major cultural centre part-funded and jointly operated […]

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78 new jobs for Cork and Limerick announced

  78 new jobs for Cork and Limerick announced

EPS, an Irish firm that specialises in designing, building and operating water and sewage treatment plants worldwide, has announced plans to create 50 new jobs at its headquarters in Mallow, Co. Cork in a €3 million investment.
Meanwhile, consumer technology company Payback Loyalty plans to double its workforce with the creation of 28 new jobs in […]

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New CEO of the World green Building Council has been appointed

  New CEO of the World green Building Council has been appointed

The World Green Building Council (WorldGBC) has appointed Terri Wills as its next CEO.
The World Green Building Council is a network of national green building councils in more than one hundred countries, including Ireland.
Wills will lead WorldGBC’s initiatives to support its members, promote collaboration and innovation, and play an advocacy and policy role to accelerate […]

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M&S re-opens its Rooftop Café on Grafton Street

  M&S re-opens its Rooftop Café on Grafton Street

The rooftop has undergone a complete refurbishment with a new décor, layout and menu to offer customers an even better dining experience.
A key feature of the stylish eatery is the installation of booth seating for a more intimate atmosphere. It also incorporates a number of initiatives in line with Plan A, M&S’s 100 commitment […]

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Redevelopment potential for Mespil road site at €10.5m

  Redevelopment potential for Mespil road site at €10.5m

With new office buildings planned for Dublin city centre expected to follow the high rent example of the LXV block under construction on St Stephen’s Green, agents Knight Frank are anticipating considerable interest in an office block with redevelopment potential at Mespil Court on Mespil Road, Dublin 4. Paul Hanly of Knight Frank is guiding […]

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CQMS ‘15 for Tullamore

  CQMS ‘15 for Tullamore

A recovering Irish construction industry has welcomed the announcement that Ireland’s largest construction and quarrying machinery show (CQMS ’15) will take place in Molloy’s Quarry in Tullamore on April 17.
Indications are that 2015 will see economic growth of between 4% – 6% and figures from the Central Statistics Office show that the construction industry alone […]

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WIT Collaborative Project Ranked Number 1 In First H2020 Funding Win

  WIT Collaborative Project Ranked Number 1 In First H2020 Funding Win

The €350,000 WASTCArD project, which will see a consortium of seven academic and industrial partners working together to develop a wrist-based device for portable heart monitoring, is funded through the prestigious Horizon 2020 Marie Skłodowska-Curie Research and Innovation Staff Exchange (RISE) programme. Philip Walsh, project lead at WIT, said “We are investigating innovative solutions for […]

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Diageo Achieves World Accreditation

  Diageo Achieves World Accreditation

St. James’s Gate becomes the first major brewery in the world and the first manufacturing plant in Ireland to achieve the highest award possible in LEED certification
The Sisk built Brewhouse No. 4 at St. James’s Gate has become the first major brewery in the world and the first manufacturing plant in Ireland to achieve the […]

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