Construction BUSINESS

Investment

Hotel and pub in Temple Bar on the block for €15m

    Hotel and pub in Temple Bar on the block for €15m

CBRE is seeking €15m for the Paramount Hotel and Turks Head in Temple Bar in Dublin. The Paramount Hotel and Turks Head includes 66 en-suite bedrooms, a food and beverage

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Dalata planning to build up to seven hotels around Dublin

    Dalata planning to build up to seven hotels around Dublin

Hotels firm Dalata is in discussions to buy as many as seven sites in central Dublin to build hotels as it seeks to take advantage of the shortage of rooms

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Ireland’s biggest regional shopping centre is going under the hammer

    Ireland’s biggest regional shopping centre is going under the hammer

The Whitewater Shopping Centre in Newbridge will be put on the market this week with a pricetag of over €150 million, property industry news source CoStar News has revealed. The

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Laboratory To Be Developed In Co Kildare

    Laboratory To Be Developed In Co Kildare

Funding has been secured, from the Government’s Capital Investment Programme, to develop a new State Forensic Science Laboratory, in Celbridge, Co Kildare. The new laboratory is to be established at

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Irish Water to invest over €73 Million in Donegal drinking water schemes

    Irish Water to invest over €73 Million in Donegal drinking water schemes

Irish Water in partnership with Donegal County Council, will invest over €73 million in Donegal’s water infrastructure over the next 4 years. Irish Water, working with Donegal County Council has

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Chartered Land to build 190 apartments on Clyde Court site

    Chartered Land to build 190 apartments on Clyde Court site

Hotel operator Dalata said on Tuesday that it is to close the historic Clyde Court Hotel, formerly the Berkeley Court, in Dublin’s Ballsbridge, on January 1st 2016. Developer Chartered Land

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Project Jewel sold to Hammerson Plc and Allianz SE’s real estate unit

    Project Jewel sold to Hammerson Plc and Allianz SE’s real estate unit

Hammerson Plc and Allianz SE’s real estate unit has agreed to buy a group of Dublin shopping-mall loans for 1.85 billion euros from NAMA. The sale, known as Project Jewel,

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The Government announced €27 billion plan for funding on capital projects

    The Government announced €27 billion plan for funding on capital projects

The Government detailed its €27 billion capital plan from 2016 to 2021 in a move to underpin its belief in a strongly recovering economy. Taoiseach Enda Kenny said that the

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Minister Alan Kelly Reaffirms commitment to Rural Ireland with €30 m Investment

    Minister Alan Kelly Reaffirms commitment to Rural Ireland with €30 m Investment

Minister Alan Kelly and Minister Ann Phelan (23 September 2015) reaffirmed the Government’s commitment to rural Ireland with the announcement of a new €30m investment in rural towns and villages.

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Google to open €150m data centre in West Dublin

    Google to open €150m data centre in West Dublin

Google plans to invest €150 million in a new data centre in Dublin.

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Building supplier SIG’s profit more than doubles

    Building supplier SIG’s profit more than doubles

Specialist building products supplier SIG, which employs about 250 people over 11 locations in Ireland, has reported a pretax profit of £26.8 million for the first half of the year compared to £11.8 million a year earlier.

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More IT jobs in Dublin as DAQRI opens European HQ

    More IT jobs in Dublin as DAQRI opens European HQ

Augmented reality company DAQRI has announced plans to open its European HQ in Dublin, hiring 30 software and hardware staff for its development centre on Sir John Rogerson’s Quay. “Ireland

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Red Cow Hotel to double rooms in major expansion

    Red Cow Hotel to double rooms in major expansion

It will see over 100 bedrooms added to the premises, nearly doubling the number at the popular hotel. The development of a new five-storey wing at the complex will also

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IPO raises a €380m war chest for Cairn Homes

    IPO raises a €380m war chest for Cairn Homes

The Irish homebuilder became the first construction firm from the Republic to list on a public market in nearly 20 years after its initial public offering on the London Stock

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MARKREE CASTLE IN SLIGO TO UNDERGO €5M RESTORATION

    MARKREE CASTLE IN SLIGO TO UNDERGO €5M RESTORATION

It was announced today that Luxury Manor House Hotel owners, the Corscadden Family, have acquired County Sligo’s historic Markree Castle for an undisclosed sum. The family, which now owns four

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€17 Million Expansion Announced at Irish Distillers Bottling Facility in Dublin

    €17 Million Expansion Announced at Irish Distillers Bottling Facility in Dublin

A €17 million expansion resulting in 30 new jobs has been announced today by Irish Distillers at an event to mark 50 years of bottling at its Fox and Geese

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Building of a new biomass power station in Mayo to create 350 construction jobs

    Building of a new biomass power station in Mayo to create 350 construction jobs

Up to 350 construction jobs will be created when building work begins on a new biomass power station in Co Mayo later this month. Another 30 full-time posts will be

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Port of Cork redevelopment gets the go ahead

The Port of Cork has welcomed the decision of An Bord Pleanála to grant planning permission for the €100 million Ringaskiddy Port Redevelopment. The Port of Cork had unveiled plans

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Microsoft seeks planning for another Dublin data centre

    Microsoft seeks planning for another Dublin data centre

Microsoft said it needs the new data centre because even its own predictions for internet usage have been eclipsed. Extending over 7,600 sq m, which includes almost 1,600 sq m

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€10m upgrade for Mount Juliet

    €10m upgrade for Mount Juliet

Irish investment group Tetrarch Capital has outlined its plans for a €10 million expansion and upgrade of the Mount Juliet hotel and golf complex in Kilkenny to homeowners at the

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Grafton St investment for €16 million

    Grafton St investment for €16 million

Two recently amalgamated shops which now serve as a flagship store for Life Style Sports at 57/58 Grafton Street, Dublin 2, seem likely to be bought by an Irish or

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3,800 new homes are planned for southside suburb

    3,800 new homes are planned for southside suburb

Plans have been revealed for about 3,800 homes as well as shopping and office space at a new development in south Dublin. The US investment firm Hines yesterday launched its

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Software company to boost Dublin workforce to 250

    Software company to boost Dublin workforce to 250

An Taoiseach Enda Kenny T.D., and Minister for Jobs Richard Bruton TD made the announcement while officially opening the company’s new 27,000 sq ft EU Headquarters in Dublin’s city centre

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New film studio in Limerick one step closer with multi-million purchase of former Dell warehouse

    New film studio in Limerick one step closer with multi-million purchase of former Dell warehouse

Plans for a multi-million euro film production hub in Limerick have taken a step forward today as the local council

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Kerry-based manufacturing firm Tricel to create 100 new jobs

    Kerry-based manufacturing firm Tricel to create 100 new jobs

Kerry-based manufacturing firm Tricel is to create 100 new jobs over the next 18 months as part of an expansion

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€58m deal to buy unfinished One Albert Quay in Cork

    €58m deal to buy unfinished One Albert Quay in Cork

Cork City’s newest and largest office block, One Albert Quay, has been purchased for up to €58m by Green Reit

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US software firm Slack announces 100 jobs for Dublin

    US software firm Slack announces 100 jobs for Dublin

Company opening up a new European HQ in the capital US software firm Slack is to create 100 jobs over

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Kosmos- Irish drilling in 2017.

    Kosmos- Irish drilling in 2017.

US explorer Kosmos Energy is set to attract fresh investment to its two Irish-based licences, via a farm-out process, later

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Grafton seeks to expand its presence across Europe

    Grafton seeks to expand its presence across Europe

Grafton, the Dublin-headquartered builders merchanting and DIY retail group, is actively reviewing opportunities to expand its operational presence in western

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Management Buyout (MBO) of Walls Construction Announced

    Management Buyout (MBO) of Walls Construction Announced

An investor backed management buyout (MBO) has been announced by leading Irish construction company Walls Construction. Founded in 1950, Walls

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Alexion Pharmaceuticals Announces €450 Million Expansion in Dublin – 200 New Jobs and 800 construction jobs to be created over four years

    Alexion Pharmaceuticals Announces €450 Million Expansion in Dublin – 200 New Jobs and 800 construction jobs to be created over four years

Alexion Pharmaceuticals today announced plans to significantly expand its operations in Ireland by constructing the Company’s first ever biologics manufacturing

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Construction Industry Continues Renewed Growth

    Construction Industry Continues Renewed Growth

The country’s construction sector grew at its fastest pace so far this year in April with new business on the

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Nimbus researchers secure €1.5m in EU funding for energy efficient buildings projects

    Nimbus researchers secure €1.5m in EU funding for energy efficient buildings projects

Researchers from the Nimbus Centre at Cork Institute of Technology (CIT) have secured €1.5m in EU funding as part of

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Regus to open seventh location

    Regus to open seventh location

Regus has announced today that it will open its seventh location in Dublin’s North Quay. The global workspace provider currently

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CRH set to spend €8bn on takeovers

    CRH set to spend €8bn on takeovers

The building materials and cement giant has already suggested that its 2015 spend and deal flow will not be contained

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US company Opko buys Eirgen for $135m.

    US company Opko buys Eirgen for $135m.

Waterford-based pharmaceutical company EirGen has been acquired by US drugs company Opko for $135 million. Founded by Tom Brennan and

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€300m for major New Social Housing

    €300m for major New Social Housing

Up to €300m is being poured into a major social housing construction programme. It is hoped that more than 100

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New Children’s Hospital Design Revealed

    New Children’s Hospital Design Revealed

Located in Dublin 8, the design of the seven-storey building was unveiled by Minister Leo Varadkar and the Office of

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Greenman Investments closes €95m deal with German grocer

    Greenman Investments closes €95m deal with German grocer

Greenman Investments, a Dublin-headquartered firm that specialises in buying German retail assets, has paid €95 million for a portfolio of

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Bausch+Lomb to create 125 jobs in Waterford with €75m investment

    Bausch+Lomb to create 125 jobs in Waterford with €75m investment

150 construction jobs also to be created as part of investment supported by Dept of Jobs through IDA Ireland Waterford

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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

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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

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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

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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

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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

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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

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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

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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

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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,

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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

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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

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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’

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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

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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.

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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

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