Construction BUSINESS

Research

Co Wexford Housing: 2023 Recap and 2024 Projections

    Co Wexford Housing: 2023 Recap and 2024 Projections

In Co Wexford’s real estate realm, 2023 witnessed a modest 0.3 per cent uptick in house prices, a shift from the preceding three years of significant increases. The persistent hurdle

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Payback for solar panels drops to six years

    Payback for solar panels drops to six years

The average household can achieve freedom from costly electricity bills in just over six years by converting to solar panels, the latest Swyft Energy Solar PV Index has found. With

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‘If construction is such a profitable industry, why aren’t more people at it?

    ‘If construction is such a profitable industry, why aren’t more people at it?

Glenveagh says it has sold, signed or reserved the 1,150 homes it expects to deliver this year When Stephen Garvey was invited in 2014 to meet executives from US private equity firm Oaktree in

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Will the government’s ‘Housing For All’ plan finally solve Ireland’s social housing crisis?

    Will the government’s ‘Housing For All’ plan finally solve Ireland’s social housing crisis?

Social housing in Ireland is at crisis levels due to a booming population and a limited supply of residential properties. Minister for Housing Darragh O’Brien is finally expected to unveil

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Home Ownership Critical to Wealth But Generation Losing Out

    Home Ownership Critical to Wealth But Generation Losing Out

Commenting on the latest CSO Household Finance and Consumption Survey, Brokers Ireland said while the survey underpins the importance of home ownership to household wealth the stark fact is, the

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Salaries in Construction Sector Continue to Rise as Competition For Talent Intensifies

    Salaries in Construction Sector Continue to Rise as Competition For Talent Intensifies

Salaries in the construction sector have continued to rise over the last year. Many construction firms are experiencing increased competition to attract talent, particularly professionals like quantity surveyors, engineers and

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Chadwicks Group Launches Free National Tradesperson Check

    Chadwicks Group Launches Free National Tradesperson Check

Almost half of tradesmen (42%) do not go for a yearly health check-up and 38% regularly suffer aches and pains due to the physical demands of their job. That’s according

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Construction Activity Returns to Growth in December

    Construction Activity Returns to Growth in December

The Ulster Bank Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index designed to track changes in total construction activity – posted above the 50.0 no-change mark for the first time in

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Researchers to Explore Louth/Meath Coastal Area For Wind Farm Development

    Researchers to Explore Louth/Meath Coastal Area For Wind Farm Development

A team led by iCRAG, the SFI Research Centre for Applied Geosciences based at University College Dublin, has been awarded government funding to research suitable locations for new offshore wind farms

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34,000 New Dwellings Required Each Year Until 2030

    34,000 New Dwellings Required Each Year Until 2030

Assuming unchanged household formation patterns and net inward migration close to current levels, around 34,000 new dwellings would be required each year until the end of the next decade, according

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Construction Activity Declines at Fastest Pace Since June 2013

    Construction Activity Declines at Fastest Pace Since June 2013

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – fell to 46.2 in October from 48.3 in September. The rate

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Hazard-identifying App Can Help Designers Create Safer Buildings

    Hazard-identifying App Can Help Designers Create Safer Buildings

Research shows up to half of construction accidents in the UK have a connection to the design of the building, highlighting the importance of improving designers’ knowledge of hazards and

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First Decline in Construction Activity Since August 2013

    First Decline in Construction Activity Since August 2013

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – fell to 48.3 in September from 53.7 in August and marked

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Solid Rise in Construction Activity, But New Order Growth Slows to Four-and-a-half Year Low

    Solid Rise in Construction Activity, But New Order Growth Slows to Four-and-a-half Year Low

The Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity – rose to 53.7 in August from 51.4 in July. This marked

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Global Infrastructure Investment to Grow by 4.8% to 2023

    Global Infrastructure Investment to Grow by 4.8% to 2023

Global infrastructure construction is forecast to grow by 4.8% on an annual average basis in real terms between 2019 and 2023. This will be propelled by Asia, where growth is

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Construction Activity Rises at Weakest Pace in Almost Six Years

    Construction Activity Rises at Weakest Pace in Almost Six Years

At 51.4 in July, down from 53.1 in June, the Ulster Bank Construction Purchasing Managers’ Index® (PMI®) – a seasonally adjusted index designed to track changes in total construction activity

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TU Dublin Announces Strategic Collaboration With ESB

    TU Dublin Announces Strategic Collaboration With ESB

Technological University Dublin (TU Dublin) and ESB have signed a Memorandum of Understanding (MoU) to establish a framework of strategic collaboration that will include three key areas – Research and

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Significant Slowdown in Dublin Housing Market

    Significant Slowdown in Dublin Housing Market

The average ‘sold price’ for houses across Dublin this year is almost identical to last year, indicating that growth in the housing market has slowed down, according to new research

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Over a Third of Construction Companies Recently Hired an Irish Worker Returning From Abroad

    Over a Third of Construction Companies Recently Hired an Irish Worker Returning From Abroad

37% of Irish construction companies recently hired Irish workers returning from living and working abroad, according to recent survey findings. The survey, which was conducted by the Construction Industry Federation,

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Home Improvements and Energy Upgrades Drive €2.5 Billion Spend in Ireland

    Home Improvements and Energy Upgrades Drive €2.5 Billion Spend in Ireland

Irish homeowners have spent over €2.471 billion in total through the Home Renovation Incentive (HRI) since its launch in 2013. This incentive has facilitated homeowners throughout Ireland in carrying out 147,349

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89% of House Hunters Have Under €300,000 to Spend on a New Home

    89% of House Hunters Have Under €300,000 to Spend on a New Home

A new house, a central location, good transport links and a back garden are the top four ‘must have’ features house hunters require when searching for their new home, according

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Insight into Changes Facing the Dublin Housing System

    Insight into Changes Facing the Dublin Housing System

Early insights from a new study into the anticipated demographic  and migration changes facing Dublin’s housing system in the next 3 to 5 years were discussed during a recent seminar on

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Irish Office Sector Still Failing to Match Pent Up Demand

    Irish Office Sector Still Failing to Match Pent Up Demand

A lack of modern, well located and suitably sized office space remains a national urban challenge, according to the latest commercial property report from the Society of Chartered Surveyors Ireland

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An Overview of the Irish Construction Pipeline

    An Overview of the Irish Construction Pipeline

A traditional barometer of the construction industry environment in Ireland is the number of cranes punctuating the Dublin skyline. “The

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Property Market Grows 8% – Almost Half of Homes Bought With Cash

    Property Market Grows 8% – Almost Half of Homes Bought With Cash

The latest quarterly Consumer Market Monitor (CMM), published by the Marketing Institute of Ireland and UCD Michael Smurfit Graduate Business

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42% of Project Managers Believe Remote Working Reduces Control Over Projects

    42% of Project Managers Believe Remote Working Reduces Control Over Projects

PM Summit, Ireland’s premier conference for project and programme managers, has announced the findings of a new study which reveals

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€3.6 Billion of Investment in Irish Property Transacted in 2018

    €3.6 Billion of Investment in Irish Property Transacted in 2018

€3.6 billion of Irish property traded during the year 2018 across nearly 200 deals. This level is significantly higher than

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70% Believe Irish Government Not Doing a Sufficient Job in Easing the Housing Crisis

    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

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Fire Science Firm Efectis Establishes Testing Centre in Northern Ireland

    Fire Science Firm Efectis Establishes Testing Centre in Northern Ireland

Efectis is establishing a new business in Northern Ireland, offering fire testing services to UK and Ireland based manufacturing businesses who

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Majority of Construction Companies Plan to Implement BIM Within Next 3 Years

    Majority of Construction Companies Plan to Implement BIM Within Next 3 Years

A European survey conducted by the Construction Industry Training Board (CITB NI), as part of a Belfast Met-led EU Horizon 2020

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Housing Completions of 18,655 Units Forecast For 2018

    Housing Completions of 18,655 Units Forecast For 2018

Strong growth is likely to persist in the Irish economy through 2018 and 2019. This is indicated by rising private

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€8 Million in Government Funding Awarded by SEAI to Innovative Energy Research Projects

    €8 Million in Government Funding Awarded by SEAI to Innovative Energy Research Projects

The Government has announced €8 million in funding to support 45 innovative energy projects in companies and research institutions across

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Northern Ireland Housing Market Continues to Perform Strongly

    Northern Ireland Housing Market Continues to Perform Strongly

The latest Quarterly House Price Index report from Ulster University reveals a relatively healthy housing market with strong but sustainable

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Turnover in Top Construction Firms Grows to €6.72 Billion

    Turnover in Top Construction Firms Grows to €6.72 Billion

The combined turnover of Ireland’s top construction firms has increased by €720 million on last year according to Construction Magazine’s

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Ireland is 9th Most ‘Highly Transparent’ Property Market in the World

    Ireland is 9th Most ‘Highly Transparent’ Property Market in the World

The latest JLL Global Real Estate Transparency Index (GRETI) shows that Ireland’s property market ranks within the most ‘highly transparent’

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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

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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.

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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

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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

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Tyndall National Institute and IERC Collaborate on €600,000 Horizon 2020 Energy Efficiency Project Success

    Tyndall National Institute and IERC Collaborate on €600,000 Horizon 2020 Energy Efficiency Project Success

The International Energy Research Centre (IERC) has welcomed new research funding from the EU Horizon 2020 Initiative to develop models

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Construction Industry Requires More Female Workers

    Construction Industry Requires More Female Workers

A survey by the Construction Industry Federation (CIF) has found that on average approximately only 1 out of 10 construction

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Construction Industry Continues to Reduce Fatalities

    Construction Industry Continues to Reduce Fatalities

Ongoing systematic behaviour change in the construction industry has seen fatalities drop by 33% from 9 to 6 throughout 2017.

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Linesight Launches Purpose-built Student Accommodation Report

    Linesight Launches Purpose-built Student Accommodation Report

Multinational construction consultancy firm, Linesight, has launched a report on the Purpose-Built Student Accommodation(PBSA) sector in Ireland. The report is an

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Construction Industry Has Created 50,000 Jobs Since 2013

    Construction Industry Has Created 50,000 Jobs Since 2013

Over 50,000 jobs have been created in the construction industry since the lowest point of the recession in 2013. CSO

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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

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Development of Second-tier Cities Key to Sustainable Economic Growth

    Development of Second-tier Cities Key to Sustainable Economic Growth

Policies should aim to rebalance growth by encouraging regional development led by a small number of large urban centres outside

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House Prices Could Rise By 20% From 2017 to 2020

    House Prices Could Rise By 20% From 2017 to 2020

New ESRI research analyses a number of demographic and economic factors to forecast trends in house prices. The research finds

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Residential Property Prices Rise By 12.8% in the Year to September

    Residential Property Prices Rise By 12.8% in the Year to September

In the year to September, residential property prices at national level increased by 12.8%, according to the last CSO figures.

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UK material prices soaring – FMB

    UK material prices soaring – FMB

A third of small building firms say that soaring material prices are squeezing their margins and almost a quarter have

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New-home construction up 36% – GeoDirectory

    New-home construction up 36% – GeoDirectory

According to the GeoView report, published by GeoDirectory, the construction of new homes was up by a third in the

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New home construction in US rises in June

    New home construction in US rises in June

According to official figures, construction of new US homes rebounded in June to its highest level in four months, a

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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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Irish construction firms spending more on UK imports amid weak pound

Irish construction firms have more than doubled their spending on UK imports amid the pound’s weakness in 2017. According to

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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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CIF calls for increase in infrastructure spend

    CIF calls for increase in infrastructure spend

The CIF has called on the Government to increase infrastructure spending to 4-5% of GDP if the country is to

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Role of construction to become more important to domestic economy

    Role of construction to become more important to domestic economy

A recent report by the ESRI has found that increased activity in the construction sector is impacting both investment and

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Coveney announces two-week extension for submissions on National Planning Framework Ireland 2040 – Our Plan

    Coveney announces two-week extension for submissions on National Planning Framework Ireland 2040 – Our Plan

Minister Simon Coveney has announced that he has extended the public consultation phase of the National Planning Framework Ireland 2040

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CIF celebrates International Women’s Day

    CIF celebrates International Women’s Day

Over 100 men and women attended the Construction Industry Federation’s (CIF) recently-held breakfast briefing on Increasing Female Participation in Construction.

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