Sunday Property Round-Up, October 20th, 2019

 

 

Industry coverage is exceptionally light across all the broadsheets today. Before we get stuck into the general property news of the week, below are a few local and international stories that might be of particular interest: 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Final 3 spaces left for our Dublin Techstars Startup Week & Proptech Ireland event with Antony Slumbers: Use Cases For Artificial Intelligence in Real Estate in the RDS Members Club on October 24th, book now:  https://www.eventbrite.ie/e/71815687655 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If you missed last week’s round-up, you can catch up here: https://propertydistrict.ie/category/sunday-property-review/

 

 

As always, you might let me know if I have missed out on any relevant property news by emailing  carol@caroltallon.com.

 

 

(Apologies in advance for any typos, it’s difficult to get good help on a Sunday. Also, I use voice to text dictation so just sound out anything that really doesn’t make sense in a strong rural accent and that should help!)

 

 

SUNDAY LISTEN

 

 

Property Matters: Ireland’s First Weekly Property Radio Show (& Podcast!):

Ireland’s first weekly property radio show, Property Matters, launched In January 2019 on Dublin South FM 93.9 and is now available internationally via iTunes and Spotify podcast (www.iPropertyRadio.com). Seasoned political broadcaster, Bryan Fox, and I (Carol Tallon) team up to deliver 60 minutes of industry chat with guests from the areas of planning, construction, property and proptech. Produced by Katie Tallon of Hear Me Roar Media.

 We were joined in studio by Claire Penny, Commercial Director of Wia to talk about IoT (the internet of things), its potential to disrupt traditional industry players and its likely impact on the built environment.

 

l-r: Bryan Fox, Carol Tallon, Claire Penny

 

 

*Listen back to all #PropertyMatters episodes here: https://anchor.fm/ipropertyradio

 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

 

  • A  Beginner’s Guide to  Coliving – The Class of 2020 https://theclassof2020.org/student-accommodation/a-beginners-guide-to-coliving/

 

 

 

  • Plans to redevelop Dublin suburb into major mixed-use town centre unveiled https://uk.fashionnetwork.com/news/Plans-to-redevelop-dublin-suburb-into-major-mixed-use-town-centre-unveiled,1145770.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*PLACEengage: The future of speedy, successful placemaking for property developers is here – Property developers and project owners ready Public Consultation are encouraged to contact the PLACEengage team for full details*

 

 

 

SOCIAL HOUSING NEWS

 

 

 

 

 

 

 

 

  • Kerry had highest social housing vacancy rate in 2018 | Radio Kerry https://www.radiokerry.ie/kerry-highest-social-housing-vacancy-rate-2018/

 

 

 

 

 

OTHER PROPERTY NEWS

 

 

  • In the property section of the Sunday Independent today Aine Carroll of the CCPC answers the question of how to first-time buyers can boost their chances of getting a mortgage (track spending, determine borrowing capacity, have 10% deposit plus expenses saved etc).

 

 

  • In the business section of The Sunday Times today, Gavin Daly reports that Galway businessman Edward McHugh is in talks with An Bord Pleanala to demolish the Docklands Innovation Park at East Wall Road in order to develop 340 apartments.

 

 

  • The same journalist reports that the McGettigan hotel group is seeking permission for a 234-bedroom (room only) hotel on the site alongside its Bonnington Hotel in North Dublin.

 

 

 

  • Also in the Times today, Niall Brady confirms that the finance minister has close a loophole that allowed beneficiaries to inherit a home tax-free, despite owning other residential properties.

 

 

 

  • The same journalist reports that 17% of landlords in Ireland paid no tax in 2017 due to losses incurred or accrued. 

 

 

  • Eithne Dunne writes “now that many banks have softened their stance on fixed-term offers, it’s time for borrowers to take the 10-year leap of faith”, which makes sense if you only consider current players in the over-priced Irish mortgage market. But are they likely to be able to exclude new, low-cost players and mortgage disruptors for another decade? I’m not sure I would bet on that…

 

 

 

  • On the front page of The Sunday Business Post today,  Aiden Corkery reports on ‘Structural issues at Boland’s Mill site’.  Apparently BAM has already begun an investigation into problems at the €300 million development.  Significantly, there are suggestions that similar problems might exist at other building sites .This problem (which has not been clarified) is believed not to be “isolated to the site on Barrow Street or to BAM as a company”.   A spokesperson for the Ronan Group Real Estate confirmed that they had experienced problems with concrete at the early stages of constructing the Salesforce tower but these problems were discovered in time. The article states that “It is understood the problem could have affected the building’s life sharts if it had gone undetected”.

 

 

 

  • Political editor Michael Brennan has a great feature on page 16 about the Land Development Agency (LDA) – asking, ‘Can the LDA solve the housing crisis?’ The upshot is that the LDA has the potential to be a game-changer when it comes to facilitating (not necessarily delivering) affordable housing but it needs cross-party support, and this cannot be taken for granted . 

 

 

 

  • Also in the SBP, Killian Woods and Rachel Lavin investigate what reduced apartment sizes will mean in real terms and whether they will be fit for purpose as family homes, because, if not, continuing urban sprawl will be a consequence.

 

 

  • In the property supplement of the SBP, there is another top 10 feature on how to secure a mortgage, nothing new: start early, establish limits, minimise borrowing, manage your money, review bank accounts , use a broker  (turkeys/Christmas etc), plenty of viewings, plan ahead, budget for the extras and check eligibility for the help-to-buy scheme.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

THE AGILE AGENT

 

GETTING IRELAND’S PROPERTY MARKETPLACE DIGITAL BY DEFAULT

Join us on October 24th, 2019 at the RDS Members Club for a private masterclass with one of proptech’s most original thinkers, Antony Slumbers as we explore the changing trend of Space as a Service (SPaaS). Antony Slumbers is a renowned international speaker on a range of emerging technologies that are transforming the global real estate industry, including artificial intelligence (AI).

With more than two decades experience in software development and as a technology strategist in commercial real estate, Antony is also a member of the Leadership Board of CRETech, mentor at MetaProp RE200 and ranked as having the no.1 non-US commercial real estate blog. He was also listed as No. 7 in Duke Long’s Top 10 Most Influential Online Commercial Real Estate People in 2018.

This is a rare opportunity to hear some of Antony’s unique insights and be able to ask questions in a small group of like-minded individuals. Antony’s clients are developers, landlords, investors and property managers so he is well-experienced in real estate and how the industry is progressing.

Throughout the masterclass, Antony will advise attendees on how technology is redefining how we work, shop and live, and the opportunities and threats of a changing world. #SpaceAsAService was a term Antony coined back in 2014 noting the world moving from products to services, and from ownership to access, where we are becoming used to everything being available on-demand, and how the demand is for the real estate sector to follow suit.

The purpose of the Property District C-Suite Sessions is to give industry decision-makers an elevated view of emerging technologies so as to instruct the innovators within their teams.

 

Join us on the 24th October for this amazing opportunity to gain some major takeaways for your business and book your tickets here:

https://www.eventbrite.ie/e/c-suite-sessions-a-masterclass-in-space-as-a-service-spaas-tickets-76780146485

 

 

 

 

PROPTECH AND CONSTRUCTION INNOVATION

 

 

 

  • From smart design and planning right through to the smart property transaction, where does your Irish-led or Ireland-based #proptech business sit?  Pease take five minutes to add or update your details to our internationally-shared listing here: SIGN UP HERE: *PROPTECH INNOVATORS and STARTUPS * 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Find My Agent: how home viewing is changing in Dubai – Arabianbusiness https://www.arabianbusiness.com/technology/430551-find-my-agent-is-this-the-future-for-real-estate-agents-in-dubai

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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