Construction BUSINESS

Property

€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

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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

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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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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

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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

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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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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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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

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2017 KPMG Irish Independent Property Industry Excellence Award Winners

    2017 KPMG Irish Independent Property Industry Excellence Award Winners

800 of Ireland’s property industry stakeholders; commercial & residential agencies, developers, architects, designers, investment managers and contractors convened at the Convention Centre Dublin recently for the announcement of the winners

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New Record Set For Dublin Property Market

    New Record Set For Dublin Property Market

Sales at Lansdowne Place, Chartered Land’s luxury residential development in Ballsbridge, have surpassed targets with over €100 million secured from sales to date. The prices achieved equate to over €1,000

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Keadeen Hotel Unveils New €3 Million Development Works

    Keadeen Hotel Unveils New €3 Million Development Works

The O’Loughlin family run, four-star Keadeen Hotel in Newbridge, Co. Kildare has just completed a €3 million renovation programme which has seen some major works taking place both in and

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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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Continuing House Price Inflation “Very Worrying”

    Continuing House Price Inflation “Very Worrying”

Responding to the latest CSO house price data showing continued acceleration in property prices with Dublin prices increasing by 12.2% in the year to September and prices in the rest of

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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. The move is expected to create 100 new jobs over

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Rents in Dublin grew by 3.3% in Quarter 2 2017

    Rents in Dublin grew by 3.3% in Quarter 2 2017

According to the Residential Tenancies Board, private sector rents grew 6.6% in the year end to the end of June this year. However, the rate of increase in the second quarter

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Construction to start on major North Wall Quay development

    Construction to start on major North Wall Quay development

Targeted Investment Opportunities (‘TIO’) has announced that it hopes to initiate construction on a significant commercial development at 91-94 North Wall Quay this autumn. TIO are currently seeking an amendment

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Sisk wins Dragons at the Docks property industry fundraiser

    Sisk wins Dragons at the Docks property industry fundraiser

Over 700 people working in the Irish property industry took part in the inaugural Dragons At the Docks dragon boat racing event, which has raised over €200,000 for the Dublin

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Smithfield apartment block on market for €9.25m

    Smithfield apartment block on market for €9.25m

Smithfield Lofts – a well-located apartment block on North King Street, Dublin 7, has been brought to the market by Savills Ireland. The asset will be offered for sale by

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UK house price growth slows

    UK house price growth slows

According to Nationwide, house price growth slowed to 2.1% in August, from 2.9% in July, amid fears Brexit-fuelled inflation is placing pressure on household spending. Property values fell for the first

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Survey reveals one in five people might never afford their own home

    Survey reveals one in five people might never afford their own home

The 123.ie Irish House & Home Survey has revealed that affordability is a huge issue for those not currently on the property ladder with almost one in five (19%) reporting

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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 City, the plans would transform the protected structure into an office

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Patrizia pays €132m for buy-to-let apartment scheme

    Patrizia pays €132m for buy-to-let apartment scheme

German real estate fund Patrizia is set to buy Ireland’s largest build-to-let apartment development, which is in the early stages of construction in Dún Laoghaire, Co Dublin. The company was

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NI’s largest single commercial property transaction

    NI’s largest single commercial property transaction

The largest single commercial property transaction in recent years in Northern Ireland has taken place. The deal was completed by Wirefox Investment Group – a client of Savills Northern Ireland.

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Exchange building to be delivered ahead of schedule

    Exchange building to be delivered ahead of schedule

Work on the first new building to be built in the IFSC since 2003 is nearly complete. The façade of

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Redevelopment planned at Tara Towers hotel site

    Redevelopment planned at Tara Towers hotel site

Dalata Hotel Group has submitted a planning application to redevelop its Tara Towers Hotel site on Merrion Rd in Dublin

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High profile building goes for €11.05m

    High profile building goes for €11.05m

US-based State Street Global Advisers has paid €11.05 million for a high-profile building in Fonthill Business Park in Dublin 22,

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HSBC lends €100m for redevelopment of former Central Bank building

    HSBC lends €100m for redevelopment of former Central Bank building

HSBC Ireland has entered the commercial property lending market for the first time after advancing a €100 million loan for

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Hewlett Packard’s Leixlip manufacturing campus up for sale

    Hewlett Packard’s Leixlip manufacturing campus up for sale

Hewlett Packard’s Leixlip manufacturing campus is being brought to the market by agents CBRE, with the expectation from property industry

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Residential property prices rise by 11.9% in the year to May

    Residential property prices rise by 11.9% in the year to May

In the year to May, residential property prices at national level increased by 11.9%. According to the Central Statistics Office

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Strong office take-up In Dublin in first half of 2017

    Strong office take-up In Dublin in first half of 2017

Commercial property consultants, CBRE Ireland has released statistics on the volume of office lettings signed in Dublin during the first

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National house prices rise in line with expectations with the Dublin market to the forefront

    National house prices rise in line with expectations with the Dublin market to the forefront

According to Marian Finnegan, Chief Economist at Sherry FitzGerald Group, the average value of Irish houses and apartments rose by

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Department of Justice HQ up for sale

    Department of Justice HQ up for sale

The current Irish Department of Justice Headquarters, which was originally the Centenary Church of Ireland, immediately adjacent to the KPMG

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Industrial sector will become best performer in commercial property market

    Industrial sector will become best performer in commercial property market

“The industrial sector will be the best performer over the next 10 years,” predicted Enda Luddy, Managing Director of CBRE

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CRE professionals expect flux in Irish market

    CRE professionals expect flux in Irish market

The latest Origin Capital Commercial Real Estate Sentiment Tracker has shown that commercial real estate (CRE) professionals expect to see

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RTÉ land at Donnybrook sells for €107.5m

    RTÉ land at Donnybrook sells for €107.5m

RTÉ has accepted a bid of €107.5 million from property group Cairn Homes for 8.64 acres of land at its

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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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Irish commercial property lending business launched by Timbercreek

    Irish commercial property lending business launched by Timbercreek

Canadian property investment firm, Timbercreek Asset Management, has launched its Irish commercial property lending business, with €200 million available to

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NI’s largest office building gets green light

    NI’s largest office building gets green light

Planning permission has been approved for Northern Ireland’s largest office building, One Bankmore Square. When complete, the Belfast building will

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JP Morgan to buy 200 Capital Dock in Dublin

    JP Morgan to buy 200 Capital Dock in Dublin

JP Morgan has agreed a deal to buy 200 Capital Dock in Dublin city centre as part of its plans

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Contractor sought for Dublin’s tallest building

    Contractor sought for Dublin’s tallest building

Dublin’s tallest office building, The Exo, will stand at 73m high and could accommodate up to 2,000 office workers. Located

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Residential property prices rise by 10.7% in the year to February

    Residential property prices rise by 10.7% in the year to February

According to the latest property price index from the Central Statistics Office (CSO), residential property prices at national level increased

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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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Galway Irish Crystal buildings sells for €3.5m

    Galway Irish Crystal buildings sells for €3.5m

The Galway Irish Crystal showrooms and factory at Old Dublin Road, opposite Merlin Park Hospital in Galway, has been bought

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€125m City Quay Development secures funding

    €125m City Quay Development secures funding

City Development Fund, a sub-fund of Targeted Investment Opportunities ICAV (TIO) has just confirmed that Irish Life will pre-fund the

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€75m for residential development site on RTE campus

    €75m for residential development site on RTE campus

Savills has just announced the sale of prime development lands in Donnybrook, Dublin 4 – one of the City’s most

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Tax breaks for ‘accidental landlords’ to boost supply in rental market

    Tax breaks for ‘accidental landlords’ to boost supply in rental market

The Department of Finance has announced that tax breaks for “accidental landlords” could be applied to keep properties in the

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No planning required to change commercial buildings to housing

    No planning required to change commercial buildings to housing

Under new regulations being drafted by the Department of Housing, owners of empty commercial buildings will be able to convert

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European Investment Bank Backs €405 Million Investment in Social Housing

    European Investment Bank Backs €405 Million Investment in Social Housing

The European Investment Bank confirmed on Thursday support for record new investment in social housing totalling €405 million that will

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Coveney announces €32 Million for Repair and Leasing Scheme

    Coveney announces €32 Million for Repair and Leasing Scheme

The Minister for Housing, Planning, Community & Local Government Simon Coveney announced on Thursday that the pilot scheme that targets

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Mortgages Valuing €1.81 Billion Drawn Down in Q4

    Mortgages Valuing €1.81 Billion Drawn Down in Q4

9,115 mortgages, valued at €1.81 billion were  drawn down in the fourth quarter of 2016, according to figures released by

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Mortgage Approvals Increase by 30.7 Percent in Final Quarter of 2016

    Mortgage Approvals Increase by 30.7 Percent in Final Quarter of 2016

The number of mortgages approved in the three months ending December 2016 rose by 30.7% year-on-year and fell  by 6.9% month-on-month, according

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New Home Searches Increase by 125% – Daft.ie

    New Home Searches Increase by 125% – Daft.ie

Searches for new homes increased by 125% on the back of the Help-to-Buy scheme launch, according to Irish property website Daft.ie.

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€20 Million Office Development Launched in Cork City

    €20 Million Office Development Launched in Cork City

A €20 million office development at Camden Place will provide 150 construction jobs with up to 500 jobs coming on-stream

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Hines and Peterson Group Acquire Landmark Dublin Properties

    Hines and Peterson Group Acquire Landmark Dublin Properties

Real estate companies Hines and Peterson Group have entered a partnership to acquire two iconic Dublin properties – the Central

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Construction Production up 0.4 Percent in the EU

    Construction Production up 0.4 Percent in the EU

Seasonally-adjusted production in the construction sector increased by 0.4% in both the euro area and the 28 EU member states

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1.8 Acre Residential Development Opportunity in Dundrum

CBRE on Monday offered a residential development opportunity at Annefield House, Taney Road, Dundrum, Dublin 14 to the open market

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Investment In Irish Commercial Property Reached €4.5 Billion In 2016

    Investment In Irish Commercial Property Reached €4.5 Billion In 2016

Commercial property consultants CBRE Ireland released statistics on Friday, detailing the volume and value of investment in Irish commercial property

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House Price Inflation May Hit Double-Digit Levels in 2017

    House Price Inflation May Hit Double-Digit Levels in 2017

Irish house price inflation is set to accelerate in 2017, potentially reaching double-digit levels, according to the MyHome.ie property report

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