Construction BUSINESS

Increase

Grafton Group first-half revenue rises 13.3%

Grafton Group recorded a 13.3% rise in first half revenue and said despite the uncertainty created by U.K.’s decision to leave the European Union, the company is well positioned to

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Construction sector grows in June

Confidence on the growth prospects for the Construction sector was close to a record high last month, according to the latest Ulster Bank Purchasing Managers index. The main index rose from 55.9 to 59.7 during the

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Development land sales up €200m in first six months

According to a new report by CBRE, sales of development land came to €489m in the first half, up from €276m in the same period last year. The number of

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Residential property prices up 6.9%

In the year to May, residential property prices at a national level increased by 6.9%. This compares with an increase of 7.1% in April and an increase of 13.8% recorded

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Rate of expansion in construction activity eases

Activity in the construction sector expanded again in March, according to the latest Ulster Bank Construction Purchasing Managers’ Index, as new order growth remained robust. The industry posted a figure

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Oil prices ascend in Asia as output meeting approaches

With Brent climbing back above $40, the oil prices leaped in Asian trade today, as the market digested falling US output ahead of a producers’ meeting this month to discuss

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Dublin Airport will get a new runway

The Dublin Airport Authority (DAA) is aim to build a new runway. It will be built 1.6 kilometres north of the present and main runway at Dublin Airport. It is expected to

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Commercial estates value over €735M sold so far in 2016

In the first three month of the year 2016 were sold a total of 55 commercial properties in Ireland, showed by new figures. Property consultants CBRE Ireland say the properties

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Under PRTB, housing association properties brought remit

The role of the Private Residential Tenancies Board (PRTB) is being expanded, it was advised today. Approved Housing Bodies will be brought under its remit, meaning that landlords and tenants of

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Brittany Ferries advices 19% growth in early bookings

Brittany Ferries has today advised a 19% growth in the number of early bookings compared to the corresponding period last year. It carried last year an additional 5,000 passengers on its seasonal

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Property prices up 8% in year to end of february

Residential Property Price Index February 2016 Price Index (Jan 2005=100)  Monthly % change Annual % change Dec 2015           86.8            

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Over 400 tall buildings are planned in London

The number of tall buildings in the pipeline for London continues to grow,  research, which is updated annually, is published by New London Architecture (NLA) and GLHearn and includes buildings of

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Value of Construction projects in 2015 rise by €3.19b

The total value of all construction projects commenced in 2015 jumped significantly throughout the year, increasing by €3.19 billion to €6.12 billion when compared to the same period in 2014

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Trinity College has been given a green light to proceed with the development of a €52m student accommodation project Pearse Street in Dublin.

    Trinity College has been given a green light to proceed with the development of a €52m student accommodation project Pearse Street in Dublin.

The scheme intends to demolish the five-storey Oisin House, which is adjacent to Trinity, and the construction of a seven-storey, 13,800 sq m development that will house 278 student accommodation

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Construction activity growth seen as employment levels rise

    Construction activity growth seen as employment levels rise

Construction sector activity was at its strongest in seven months in January with job creation levels also rising for the third month running. According to the Ulster Bank Construction Purchasing

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Construction activity growth at five month high – PMI

    Construction activity growth at five month high – PMI

The country’s construction sector ended 2015 on a positive note, with activity in December surging to a five month high. The latest Ulster Bank Construction Purchasing Managers Index – a

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Almost €3.5bn in property investments during 2015

    Almost €3.5bn in property investments during 2015

Investment property transactions reached almost €3.5 billion as a total in 2015, in Ireland, with nine individual transactions which came in at over €100 million. They included a mix of portfolio sales

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Planning approved for new hotel in Belfast

    Planning approved for new hotel in Belfast

Planning permission for a 206-bedroom hotel on the site of the former Belfast Metropolitan College has been granted to a County Tyrone development firm. McAleer and Rushe acquired the site

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Construction sector sees sharp rise in new business in October

    Construction sector sees sharp rise in new business in October

Activity, employment and confidence improved in the Irish construction sector in October, helped by a sharp rise in new business, a new survey shows. The Ulster Bank construction purchasing managers’

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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

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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.

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Growth expected in the construction industry

    Growth expected in the construction industry

The Construction sector in Ireland has the potential to double in size over the short to medium term, according to CIF Director General, Tom Parlon. Speaking at the CIF annual

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Building Growth at six month high

    Building Growth at six month high

The latest edition of Ulster Bank’s construction purchasing managers’ index (PMI), formally published this morning, shows a reading of 63.3 points for May; up from 57.2 for April. The index,

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