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  • €80 Million Port of Cork Container Terminal Development The Port of Cork has marked a major milestone for the company with the launch of the new Cork Container Terminal development in Ringaskiddy. The Cork Container Terminal will initially offer a 360 metre quay with 13 metre depth alongside and will enable larger ships to berth in Ringaskiddy. The development also includes the construction [...]...
  • College Group to Construct New €10 Million Biofuel Facility in County Meath College Group is to invest €10 million in building a new renewable energy facility producing biofuel from used cooking oil and animal fats in north County Meath. The investment is supported by the Irish government through Enterprise Ireland. The new 25 million litre purpose-built plant will be set on a 47.5 acre site and will [...]...
  • McAleer & Rushe Recognised at the Irish Construction Industry Awards Gala Northern Ireland-based developer and contractor McAleer & Rushe has been awarded the prize for ‘International Project of the Year’ at the Irish Construction Industry Awards for Global Student Accommodation’s 1000-bed Catherine House scheme in Portsmouth. The awards, now in their fifth year, recognise companies which demonstrate excellence and innovation in Ireland’s construction industry. McAleer & [...]...
  • Residential Property Prices Rise by 13.0% in Year to April In the year to April, residential property prices at national level increased by 13.0%, according to the latest CSO figures. This compares with an increase of 12.6% in the year to March and an increase of 9.5% in the twelve months to April 2017. In Dublin, residential property prices increased by 12.5% in the year to [...]...
  • Unique Programme to Demonstrate Future Housing Options For the Smart Ageing Population (60+) A unique programme to demonstrate future options for housing the Smart Ageing population (60+) is to start this year. The programme will focus on creating the opportunity to develop six national demonstrator housing developments of 15-40 housing units over the period 2018 to 2022. These demonstrators will be used to showcase a range of different types [...]...

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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Irish Construction Industry Awards 2018

  Irish Construction Industry Awards 2018

The Irish Construction Industry Awards have been officially launched and will take place on May 10 2018 at the Citywest Hotel, Dublin. Launched initially in 2014 to benchmark excellence within Ireland’s construction industry, this year is set to be the biggest yet.
With a broad spectrum of categories for entry, a gala awards ceremony, and nationwide […]

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Largest Ever European Investment Bank Support in Ireland Backs New Children’s Hospital Project

  Largest Ever European Investment Bank Support in Ireland Backs New Children’s Hospital Project

The European Investment Bank is to provide a loan of €490 million to support construction of the new children’s hospital in Dublin. This represents the largest ever financial engagement by the European Union’s long-term lending institution in Ireland and the EIB’s first backing for a hospital in the country.
The new children’s hospital project includes two […]

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Strabane Manufacturer to Invest Over £7 Million in Ambitious Expansion

  Strabane Manufacturer to Invest Over £7 Million in Ambitious Expansion

Strabane-based Fabplus is planning to more than double its workforce and turnover with support from Invest Northern Ireland. The investment is part of a three year expansion plan to increase its market share in the Republic of Ireland and Great Britain, and gain a foothold in mainland Europe and Scandinavia.
Recruitment is underway to employ 83 additional staff at […]

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Application-Specific Design For New Cat Wheel Material Handlers

  Application-Specific Design For New Cat Wheel Material Handlers

The new range of Cat® wheel material handlers (MH3022, MH3024, MH3026) maintains the Caterpillar purpose-built philosophy for these machines, while reflecting engineering refinements that tailor them more precisely to specific industrial applications. Further improvements for these 2018 models include features that support rapid return-on-investment and enhance overall performance, versatility, and safety.
The design of the new material […]

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PM Group Appoints a New Non-Executive Director

  PM Group Appoints a New Non-Executive Director

Michael McNicholas has been appointed as a Non-Executive Director of Project Management Holdings (PM Group), the Irish headquartered international project delivery specialists.
Michael McNicholas.
Michael has over 35 years’ experience in senior leadership positions in the public and private sectors. He is the former CEO of Ervia, NTR plc and Managing Director of ESB International.  During his […]

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Construction of Donabate Distributor Road Commences

  Construction of Donabate Distributor Road Commences

The Minister for Housing, Planning and Local Government, Eoghan Murphy, TD, has launched the Donabate Distributor Road, which is the first LIHAF project under the Rebuilding Ireland programme to reach the construction stage.
The Minister, along with the Mayor of Fingal, Cllr Mary McCamley, and Fingal County Council Chief Executive, Paul Reid, turned the first sod on […]

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Center Parcs Signs Contract With John Sisk & Son

  Center Parcs Signs Contract With John Sisk & Son

As construction activity on the much anticipated €233 million Center Parcs Longford Forest resort in County Longford ramps up, the company has announced it has formally awarded two major construction contracts to Dublin-based construction firm John Sisk & Son.
The contracts for the construction of the 470 lodges and 30 apartments as well as the state-of-the-art centre […]

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