Construction BUSINESS

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  • Strong Performance From BAM Ireland BAM Ireland, one of the country’s largest construction businesses, had a year of strong revenue growth in 2017 with a turnover of €465 million – an increase of 29% on 2016 – and profit before tax of €15.9 million. BAM’s performance was aided by strong activity in Ireland’s improving construction sector and ongoing international activities [...]...
  • 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 [...]...

Ibec Warns of Skills Shortages in Construction Sector

  Ibec Warns of Skills Shortages in Construction Sector

Although the latest CSO figures indicate that employment is up 2.9% annually in the first quarter of 2018, Property Industry Ireland, the Ibec group that represents businesses operating in the property sector, has said that the growth in overall employment numbers masks the situation of the construction sector.
The new CSO projections suggest that over 840,000 […]

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Saint-Gobain Launches Nearly Zero Energy Building (nZEB) Training Courses For Irish Construction Professionals

  Saint-Gobain Launches Nearly Zero Energy Building (nZEB) Training Courses For Irish Construction Professionals

The Saint-Gobain Ireland Technical Academy has announced that it is adding to its existing training portfolio by launching a series of nZEB modular courses. Starting this July, these innovative nZEB courses will offer those working in construction in Ireland a chance to up-skill, free of charge, in an increasingly regulated area of the construction industry.
The European […]

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CRH Completes $3.5 Billion Ash Grove Acquisition

  CRH Completes $3.5 Billion Ash Grove Acquisition

CRH has completed the acquisition of Ash Grove Cement Company for a total consideration of US$3.5 billion. Ashe Grove is a leading US cement manufacturer headquartered in Overland Park, Kansas. Ash Grove operates eight cement plants across eight US states, combined with extensive ready mixed concrete, aggregates and associated logistics assets across the US midwest. […]

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Major New Report on Housing Outlines Policy Actions to Boost Affordability and Supply

  Major New Report on Housing Outlines Policy Actions to Boost Affordability and Supply

Ibec, the group that represents Irish business, has launched a new national campaign – Better Lives, Better Business championing new policies across four key pillars – housing, infrastructure, planning and sustainability. Better Lives, Better Business is a campaign that aims to make Ireland a better place to live and to work so that Irish businesses can more effectively attract […]

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€80 Million Port of Cork Container Terminal Development

  €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 […]

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College Group to Construct New €10 Million Biofuel Facility in County Meath

  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 […]

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McAleer & Rushe Recognised at the Irish Construction Industry Awards Gala

  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 & […]

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Residential Property Prices Rise by 13.0% in Year to April

  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 […]

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Unique Programme to Demonstrate Future Housing Options For the Smart Ageing Population (60+)

  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 […]

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CRH Receives Regulatory Approval For $3.5 Billion Acquisition

  CRH Receives Regulatory Approval For $3.5 Billion Acquisition

CRH plc has received regulatory approval for its proposed $3.5 billion acquisition of Ash Grove Cement Company, from the US Federal Trade Commission. Ashe Grove is a leading US cement manufacturer headquartered in Overland Park, Kansas.
Ash Grove operates eight cement plants across eight US states, combined with extensive ready mixed concrete, aggregates and associated logistics […]

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Housing Market Failing Younger Generations, Says First Woman President of IPAV

  Housing Market Failing Younger Generations, Says First Woman President of IPAV

The current housing market is failing our younger generations, according to Ella Dunphy (pictured) of DNG, who recently became the first woman President of IPAV, the Institute of Professional Auctioneers & Valuers. She was speaking at the organisation’s AGM and annual conference at the Lyrath Estate Hotel, Kilkenny.
“It’s a market where those with the greatest […]

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Building and Construction Output Increased by 7.4% in 1st Quarter 2018

  Building and Construction Output Increased by 7.4% in 1st Quarter 2018

According to the latest CSO figures, the volume of output in building and construction increased by 7.4% in the first quarter of 2018 when compared with the preceding period. This reflects increases of 5.6%, 5.5% and 1.1% respectively in the volume of residential building work, non-residential building work and civil engineering work. The change in the […]

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2018 RIAI Architecture Awards Winners

  2018 RIAI Architecture Awards Winners

The Royal Institute of the Architects of Ireland (RIAI) has announced the winners of 2018 RIAI Architecture Awards. The awards, held recently at a ceremony in Dublin’s Mansion House, recognise the quality of work carried out by RIAI members in 2017 and highlight the contribution that Irish architects make to society for everyone’s benefit.
Now in their 29th year and […]

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BAM’s Construction of Dublin Airport’s New €27 Million Air Traffic Visual Control Tower Takes Shape

  BAM’s Construction of Dublin Airport’s New €27 Million Air Traffic Visual Control Tower Takes Shape

BAM’s construction of the new 23-storey Air Traffic Visual Control (ATVC) tower at Dublin Airport, which is set to become one of the tallest structures in Ireland, is taking shape with the complex installation of a 106 tonne steel ring now completed. The ring, which will form Floor 1 of the control cab, was hoisted […]

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KES Group to Build State-of-the-art Manufacturing Facility

  KES Group to Build State-of-the-art Manufacturing Facility

KES Group,  the renewable energy and modular building provider, is to make a multi-million pound investment in a new, purpose built, manufacturing facility at Strabane Business Park. The company has purchased circa 3.5 acres of land on the Invest Northern Ireland owned Business Park to accommodate their first phase of development.
Conor McCrossan, Managing Director of KES Group, […]

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Optimal Offices Could Unlock €3.4 Billion For Irish Economy

  Optimal Offices Could Unlock €3.4 Billion For Irish Economy

Ireland could unlock €3.4 billion in untapped GDP if organisations were to optimise their workplaces, according to a new study by Ricoh and Oxford Economics. The research, entitled The Economy of People, found that Ireland could achieve a 1.0% increase in GDP by providing more up-to-date technologies, embracing ethical business practices and enhancing office workspaces.
The […]

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CRH Announces Organisational & Business Improvement Initiatives

  CRH Announces Organisational & Business Improvement Initiatives

CRH plc, the global building materials group, has announces a number of organisational and business improvement initiatives. CRH will establish a new global Building Products division effective 1 January 2019, bringing together its Europe Lightside, Europe Distribution and Americas Products divisions. Under the leadership of Keith Haas, currently President, Americas Products, this new platform will […]

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Cork Courthouse Unveiled After €38 Million Redevelopment by BAM

  Cork Courthouse Unveiled After €38 Million Redevelopment by BAM

The new Cork Courthouse has been officially opened following a €38 million redevelopment project by BAM. The work saw the contractor revamp the former Model School building on Anglesea Street into a six-storey courthouse that provides six new courtrooms as well as improved custody and legal practitioner facilities.
It is one of seven courthouses that BAM […]

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The KPMG Irish Independent Property Industry Excellence Awards 2018 Launched

  The KPMG Irish Independent Property Industry Excellence Awards 2018 Launched

The KPMG Irish Independent Property Industry Excellence Awards 2018, which serve as a beacon for excellence in the Irish property sector, are open for entries. Award winners set the benchmark for professionalism and showcase the best that industry stakeholders have to offer.
The Irish property industry is going from strength to strength, and if you believe […]

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Dún Laoghaire-Rathdown County Council Delivers Social Housing Under Rebuilding Ireland Programme

  Dún Laoghaire-Rathdown County Council Delivers Social Housing Under Rebuilding Ireland Programme

Dún Laoghaire-Rathdown County Council has delivered a further 12 homes as part of its housing delivery target of 1,563 social housing homes by 2021. The homes were designed and built by John Sisk & Son on a brown field site, to a rapid delivery programme.
As near Zero Energy Buildings ‘nZEB’ will become mandatory for all housing stock in […]

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PM Group Becomes 200th Supporter of 30% Club Ireland

  PM Group Becomes 200th Supporter of 30% Club Ireland

The 30% Club Ireland has announced that PM Group has signed up as its 200th supporter. The 30% Club is a voluntary movement of international companies which are committed to better gender balance at all levels of business. Comprising of CEOs and Chairs, the Group aims to achieve 30% female representation in senior management by 2020 […]

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Novi Enables Flynn Management & Contractors to Construct From the Cloud

  Novi Enables Flynn Management & Contractors to Construct From the Cloud

Novi, the cyber security and proactive IT provider, has carried out a €250,000 upgrade of construction solutions provider Flynn Management & Contractors’ IT infrastructure. The project enables the contractor to leverage advanced, resource intensive applications such as Building Information Modelling (BIM) in its developments for the first time to speed up construction times. It has […]

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BAM and Cork City Council Launch ‘Below our Feet’ Exhibition of Cork’s Unearthed Viking History

  BAM and Cork City Council Launch ‘Below our Feet’ Exhibition of Cork’s Unearthed Viking History

A wealth of artefacts from the Viking era unearthed during BAM’s major development of the former Beamish & Crawford site in Cork city centre is being dislayed in partnership with Cork City Council, Cork Public Museum and University College Cork. The discoveries have yielded fascinating detail of the city’s origins, positioning Cork as one of the […]

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ESB and Bord na Móna Reach Financial Close on Oweninny Wind Farm Project

  ESB and Bord na Móna Reach Financial Close on Oweninny Wind Farm Project

ESB and Bord na Móna have announce that financial close has been reached on the €160 million Oweninny project in North County Mayo. The project will be financed with long-term debt from a consortium of banks including the European Investment Bank (EIB), who are providing 50 per cent of the funding, as well as MUFG Bank, […]

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Whirlpool Research Set to Change the Way We Build Rail, Flood and Sewerage Systems

  Whirlpool Research Set to Change the Way We Build Rail, Flood and Sewerage Systems

Researchers from IT Sligo, together with colleagues from one of Switzerland’s leading universities, have made a discovery about how whirlpools function which has significant implications for how major infrastructural projects are approached and built including energy networks and flood defences around roads and railways. The study of whirlpool fluid flows discovered previously unknown features which are not predicted […]

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DPS Group Wins Major Contract in Sweden

  DPS Group Wins Major Contract in Sweden

DPS Group, the engineering and construction management firm with operations and projects across Europe and the US, has been awarded a major contract from the global pharmaceutical company AstraZeneca to provide Engineering, Procurement, Construction Management and Validation (EPCMV) services for small and medium sized projects on AstraZeneca’s pharmaceutical site in Södertälje, Sweden.
As a result of […]

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International Conference on Building Great Cities to Take Place in Cork

  International Conference on Building Great Cities to Take Place in Cork

Hundreds of international delegates interested in the opportunities and challenges facing ‘cities on the rise’ will travel  to Cork next month, June 27-30 for the  annual congress of the international Academy of Urbanism.
The controversial US ‘ godfather of gentrification’ , Richard Florida, who has been derided by some for  espousing a development philosophy that forced working classes […]

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Cairn Homes to Introduce Duplex Homes to Parkside Development

  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 […]

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Hardware Sector Set For Strong Growth as Economy Expands and Housebuilding Recovers

  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 […]

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Brokers Ireland Warns of Financial Impact of Inability to Buy Homes at Affordable Prices

  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, […]

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