Construction BUSINESS

Investment

£5 Million Sewer Improvement Project Underway For Ormeau Area of Belfast

    £5 Million Sewer Improvement Project Underway For Ormeau Area of Belfast

NI Water has announce that work has commenced on a £5 million project to improve the sewerage infrastructure in the Ormeau area, which will include Ormeau Avenue, Dublin Road, Bruce

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NTR Closes Debt Facilities to Value of €43.2 Million to Fund Irish Wind Projects

    NTR Closes Debt Facilities to Value of €43.2 Million to Fund Irish Wind Projects

NTR has announced that it has successfully closed three project debt facilities in recent weeks with AIB, Nord/LB and MUFG totaling a Euro equivalent of €66.5 million. Two of the

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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

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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

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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

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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

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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

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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.

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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

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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.

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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

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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

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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

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EIB Loan Will Trigger €180 Million Investment Programme in Fingal

    EIB Loan Will Trigger €180 Million Investment Programme in Fingal

Fingal County Council has signed a €70 million Framework Loan Agreement with the European Investment Bank (EIB) which will trigger a €180 million investment in strategic infrastructure projects within the

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McAleer & Rushe Sells Newcastle Hotel Investment For £32.7 Million

    McAleer & Rushe Sells Newcastle Hotel Investment For £32.7 Million

Northern Ireland-based developer and contractor McAleer & Rushe has sold a planned new four-star Maldron Hotel in Newcastle City Centre to UK Commercial Property Trust Limited (UKCPT), which is advised by Standard Life Investments, for

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EIB Backs Re-development of Limerick and Confirms New Irish Urban Investment Plans

    EIB Backs Re-development of Limerick and Confirms New Irish Urban Investment Plans

Limerick’s economic resurgence has taken another giant step forward as the European Investment Bank (EIB) confirmed a record commitment for an urban Ireland investment programme for the city. EIB will

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Enisca Group is Investing £1.5 Million to Support 2020 Growth Strategy

    Enisca Group is Investing £1.5 Million to Support 2020 Growth Strategy

Cookstown-based engineering services firm Enisca Group is investing over £1.5 million in its workforce, training and business infrastructure. This investment is to help maximise current opportunities within the power and water sectors

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Bio-marine Ingredients Ireland to Develop €35 Million Processing Facility in Killybegs

    Bio-marine Ingredients Ireland to Develop €35 Million Processing Facility in Killybegs

Bio-marine Ingredients Ireland (BII) has secured planning permission for a second larger marine ingredients processing facility in Killybegs, Co Donegal which will cost an estimated €35 million to develop and

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Carrickfergus Specialist Joinery Business Carves Out Growth Plans

    Carrickfergus Specialist Joinery Business Carves Out Growth Plans

Abbey Upholsterers Specialist Joinery & Fit Out is expanding its workforce and manufacturing space in Carrickfergus with support from Invest Northern Ireland. To meet the demands driven by new contract

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€60 Million Backing For NUI Galway Campus Development

    €60 Million Backing For NUI Galway Campus Development

The European Investment Bank will provide €60 million towards development of the NUI Galway campus. The first ever loan to the university from Europe’s long-term lending institution will finance construction

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Ireland’s First Syndicated Property Finance Platform Launched

    Ireland’s First Syndicated Property Finance Platform Launched

Initiative Ireland has launched Ireland’s first syndicated property finance platform (www.initiativeireland.ie). The launch coincides with the company’s pre-approval of a €1.5 million secured loan, which has been approved for funding

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Infram Energy Reaches 95MW of Total Installed Capacity

    Infram Energy Reaches 95MW of Total Installed Capacity

Infram Energy, a platform established by Infracapital and Amarenco Solar to invest in greenfield renewable energy assets across France, Ireland and other European markets, has signed a long-term debt facility,

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€10 Million Expansion By Portwest in Mayo

    €10 Million Expansion By Portwest in Mayo

Leading safety clothing and personal protective equipment (PPE) manufacturers Portwest are to build a new corporate headquarters at Westport which will cost over €10 million. This will allow for the

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Guaranteed Irish Welcomes Support For Housing and Enterprise Development

    Guaranteed Irish Welcomes Support For Housing and Enterprise Development

Guaranteed Irish has welcomed measures in Budget 2018 to increase housing supply and support enterprise. However, the organisation cautioned that

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Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy

    Budget 2018 – CIF Welcomes Increased Investment in Infrastructure at Critical Time For Irish Economy

The Construction Industry Federation (CIF) has stated that the measures announced in Budget 2018 will help address the systemic weaknesses

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Dragon Brand Foods to Build New Factory

    Dragon Brand Foods to Build New Factory

Strabane-based food manufacturer, Dragon Brand Foods is investing over £500,000 in jobs, innovation and a new factory with the support

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Credit ratings agency KBRA selects Dublin for European Headquarters

    Credit ratings agency KBRA selects Dublin for European Headquarters

Kroll Bond Rating Agency (KBRA) has announced its expansion into Europe with the opening of its European Headquarters in Dublin.

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Minister Murphy approves funding of €12m under Disabled Persons Grant Scheme

    Minister Murphy approves funding of €12m under Disabled Persons Grant Scheme

Eoghan Murphy, Minister for Housing, Planning and Local Government, has approved funding of €12 million for the Disabled Persons Grant

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Direct Hong Kong flights will help Ireland land business

    Direct Hong Kong flights will help Ireland land business

The addition of direct flights between Dublin and Hong Kong opens up a whole world of new opportunities for Irish

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Plans lodged for historic building

    Plans lodged for historic building

A planning application for Aldborough House, Dublin’s last Georgian mansion, has been submitted. Situated on Portland Row in the North Inner

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Time for an integrated and long-term approach to infrastructure planning – Engineers Ireland

    Time for an integrated and long-term approach to infrastructure planning – Engineers Ireland

The President of Engineers Ireland, Dr Kieran Feighan, has called on the Government to establish a single infrastructure unit as

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Initiative Ireland aims to finance €60m in construction loans

    Initiative Ireland aims to finance €60m in construction loans

Peer to peer lender Initiative Ireland is aiming to finance €60m in construction loans to allow the building of 250

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Construction of new Laois special needs school to be ‘fast-tracked’

    Construction of new Laois special needs school to be ‘fast-tracked’

A new building for Laois children with learning disabilities has been escalated to ‘rapid build’ status by the Department of

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Irish firm aims to finance construction of 250 new homes by Dec 2018

    Irish firm aims to finance construction of 250 new homes by Dec 2018

Minister for Housing, Planning and Local Government, Eoghan Murphy has welcomed the announcement from InitiativeIreland.ie on the upcoming launch of

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New houses for Mayo under local authority construction programme

    New houses for Mayo under local authority construction programme

The Minister for Rural and Community Development, Michael Ring, has welcomed the announcement that a provisional budget of over €6.3

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Dialight opens new Technical Centre in Copenhagen

    Dialight opens new Technical Centre in Copenhagen

Dialight, the leading LED industrial lighting technology company, has announced the opening of a state-of-the-art Technical Centre in Copenhagen, Denmark.

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‘Opera Site’ planning process in Limerick commences

    ‘Opera Site’ planning process in Limerick commences

The planning process for the largest single project in the Limerick Twenty Thirty programme, which is transforming the city centre

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Metropole hotel in Cork to get €50m revamp

    Metropole hotel in Cork to get €50m revamp

One of Cork’s most historic hotels, the Metropole, is set to get a €50 million investment that will double its

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Gyproc announces Ireland’s first nationwide Plasterboard Recycling Service

    Gyproc announces Ireland’s first nationwide Plasterboard Recycling Service

Responsible waste management is a priority for Gyproc in Ireland. From initial design to on-site testing, through to manufacturing and

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Funding of €100k for Approved Housing Bodies gets green light

    Funding of €100k for Approved Housing Bodies gets green light

Damien English, Minister of State for Housing and Urban Renewal, has announced the approval of over €100,000 in funding for

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Cairn Homes to raise €50m in share sale

    Cairn Homes to raise €50m in share sale

Cairn Homes could raise up to €50 million to help fund bids for prime development sites in Dublin, including land

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BAM seeks to enhance one million lives in local communities

    BAM seeks to enhance one million lives in local communities

BAM Ireland, one of the country’s largest construction companies, is making a positive impact on local communities through its “Enhancing

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€15m expansion planned at Blanchardstown Shopping Centre

    €15m expansion planned at Blanchardstown Shopping Centre

The management company for Blanchardstown Centre has lodged a planning application to extend the centre’s central mall area. The application

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Green light for €1bn new children’s hospital

    Green light for €1bn new children’s hospital

Health Minister Simon Harris has announced the Government has approved the investment required to enable the National Paediatric Hospital Development

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Medite Smartply launches augmented reality app

    Medite Smartply launches augmented reality app

The ‘SMARTPLY AR’ app from Medite, which is live on iOS and Android, features a ‘Product Data Tool’ providing a

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25 construction companies on trade visit to Antwerp

    25 construction companies on trade visit to Antwerp

Pat Breen, Minister for Employment and Small Business is leading an Enterprise Ireland trade visit to Antwerp in Belgium. The

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Survey finds support for M20 between Limerick and Cork

    Survey finds support for M20 between Limerick and Cork

Businesses in the Munster region have given their overwhelming support to the proposed M20 motorway, with 98% stating it will

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Building Block in Sligo could generate 200 jobs

    Building Block in Sligo could generate 200 jobs

A new start-up hub in Sligo called the Building Block has the potential to help generate 200 new jobs in

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Grafton Group to add 170 jobs

    Grafton Group to add 170 jobs

Irish building company Grafton Group has announced it is adding 170 new jobs in Ireland over the next two years

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Cork groups back OPW’s €140m flood defence plan

    Cork groups back OPW’s €140m flood defence plan

Cork Chamber and Cork Business Association (CBA), the two main business groups in Cork, have endorsed the OPW’s €140 million

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Collen Construction opens Frankfurt office

    Collen Construction opens Frankfurt office

An Taoiseach, Enda Kenny has officially opened the Frankfurt Office of Collen Construction during a two-day trade visit to Germany.

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Builders call for more investment in infrastructure

    Builders call for more investment in infrastructure

Builders want the Government to scrap plans for a ‘rainy day’ fund in favour of more investment in infrastructure. In

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Low investment in regional infrastructure leading to dangerously imbalanced economy – CIF

    Low investment in regional infrastructure leading to dangerously imbalanced economy – CIF

The Construction Industry Federation has warned that low levels of infrastructural investment in regional areas will fundamentally undermine Ireland’s economic

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All systems go for phase II of Dublin’s New Mill student accommodation

    All systems go for phase II of Dublin’s New Mill student accommodation

A joint venture between Harrison Street Real Estate Capital and Global Student Accommodation Group, has announced plans to develop phase

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Fawaz Alhokair Group plans shopping centre in Waterford City

    Fawaz Alhokair Group plans shopping centre in Waterford City

Saudi Arabia’s Fawaz Alhokair Group is believed to be acquiring two Waterford City centre sites for a new shopping centre

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Homeowners spent billions on their homes in 2016

    Homeowners spent billions on their homes in 2016

Irish homeowners have availed of €1.2 billion in total through the Home Renovation Incentive (HRI) since its launch in 2013.

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EnergyPro Asset Management to be largest home-grown Irish windfarm management company

    EnergyPro Asset Management to be largest home-grown Irish windfarm management company

EnergyPro Analytics and Galetech Energy Services (GES) have announced their new joint venture entity – EnergyPro Asset Management. The joint

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PM Group expands USA operations with new Boston office

    PM Group expands USA operations with new Boston office

PM Group has announced the official opening of its new, expanded Boston office, marking further growth in its USA presence.

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