- Are you looking for the perfect #tinyhome in Ireland? If so, please register your interest here: http://eepurl.com/gH9jFX
(Prices will depend on demand re: import costs etc but estimated to be between €25,000-€35,000) *Image below
Watch video: https://youtu.be/Rry-Wx6QH-k
- The next big industry event will be hosted by PlaceTech on Tuesday (November 5th) in Dublin: https://prop-tech.ie/register-now-trend-talk-dublin/ and features Michael Guerin of Smart Dublin, Lauren Poon of CallisonRTKL, Karen Muldowney of Shapoorji Pallonji and Sherry Fitzgerald’s Joanne Geary. I hope to see you all there!
- Also, if you have an interest in construction technologies, you won’t want to miss this CitA event: aecHIVE- November 8th, 9th & 10th 2019 https://propertydistrict.ie/cita-aechive-november-8th-9th-10th-2019/
- Quick recap: Techstars Startup Week and Proptech Ireland explore use cases for Artificial Intelligence (AI) in real estate – PropTech Ireland https://prop-tech.ie/techstars-startup-week-and-proptech-ireland-run-event-on-the-use-of-ai-in-real-estate/
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:
- Urgent – please help to identify public/privately owned vacant properties across Ireland that are capable of being brought back into use with only a few days upgrading work. Many of the local authorities have committed to a fast turnaround of these properties – including final survey/inspection – so that bureaucracy will not stand in the way of families getting access to a home this side of the Christmas holidays through VacantHomes.ie: https://buyersbrokerinternational.com/2019/10/property-owners-urgent-action-required-to-impact-families-in-time-for-christmas/
- Are inefficient builders the reason we don’t have enough houses? https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/construction/are-inefficient-builders-the-reason-we-don-t-have-enough-houses-1.4068187?mode=amp
- Townmore Construction: Driving the Innovation Agenda #BIM – PropTech Ireland https://prop-tech.ie/townmore-construction-driving-the-innovation-agenda/
- How high housing costs impact people’s decision to have children https://business.financialpost.com/real-estate/how-high-housing-costs-impact-peoples-decision-to-have-children
- Guide to the new #NZEB building regulations in Ireland – SelfBuild https://selfbuild.ie/advice/guide-to-the-new-nzeb-building-regulations-in-ireland/
- 40 students left waiting for return of €20,000 worth of deposits from accommodation complex – Independent.ie https://amp.independent.ie/irish-news/news/40-students-left-waiting-for-return-of-20000-worth-of-deposits-from-accommodation-complex-38649482.html
- UK perspective – Meet the councils quietly building a housing revolution https://www.theguardian.com/cities/2019/oct/28/meet-the-councils-quietly-building-a-housing-revolution
- Last pod installed on world’s tallest modular buildings https://www.newcivilengineer.com/latest/last-pod-installed-worlds-tallest-modular-buildings-01-11-2019/ (featured image above)
- Towering ambitions: the problematic history of social housing https://www.newstatesman.com/culture/books/2018/05/towering-ambitions-problematic-history-social-housing?amp
- Could flexitime work on construction sites? https://www.theconstructionindex.co.uk/news/view/could-flexitime-work-on-construction-sites
- Brewin Dolphin completes €44m deal for Investec arm https://www.irishtimes.com/business/financial-services/brewin-dolphin-completes-44m-deal-for-investec-arm-1.4069089?mode=amp
- Into the void: With the capacity to store up to 7,000m3 of rainwater run-off, the new underground attenuation tank at Edinburgh Airport is Scotland’s biggest.
https://www.theconstructionindex.co.uk/news/view/into-the-void
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 have a rental special for ALL members of the family (including our four-legged friends!):
Tim Kirby, Veterinary Surgeon and Pet Bond Founder talking about:
- What Petbond is & how we help people looking to find a new pet – A quality system run by vets.
- Are more likely to be better tenants, and even make better landlords! Risk v Benefit –
- Solutions to the problem – Leave as is/change in attitude by landlords/Financial solutions
Clare Connolly, Managing Director of Clare Connolly Estate Agents:
- Rental market in South Dublin
- How house hunters can position themselves as best tenants
- How to convince landlords to allow you have pets
Kate McQuillan, Co Owner of Pet Sitters Ireland
- Is Ireland becoming more Pet Friendly
- How the rental market is very different to the USA where landlords charge pet owners when they rent
- How having a dog offers more home security
- How we can help pet owners – daily dog walks, pet sitting visits.
Listen back here: https://anchor.fm/ipropertyradio/episodes/Property-Matter–November-29th-2019-e8e2bi
*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
- 2019 Planning Week is almost upon us…. https://mailchi.mp/ipi/call-for-pleanil-3363037
- ‘It’s one of the many weaknesses of our planning system’ – Pat Kenny gives up on apartment battle – https://m.independent.ie/irish-news/news/its-one-of-the-many-weaknesses-of-our-planning-system-pat-kenny-gives-up-on-apartment-battle-38652866.html
- Galway’s Lonely Planet award: ‘I don’t see how we will cope’ https://www.irishtimes.com/life-and-style/travel/ireland/galway-s-lonely-planet-award-i-don-t-see-how-we-will-cope-1.4061587?mode=amp
- Planning appeal could force demolition of €22m Dublin airport facility
https://www.irishtimes.com/business/transport-and-tourism/planning-appeal-could-force-demolition-of-22m-dublin-airport-facility-1.4069237?mode=amp
- European co-living sector to triple in next two years https://www.egi.co.uk/news/european-co-living-sector-to-double-in-next-two-years/
- Developer set to offer up ‘cost-rental’ housing at O’Devaney site in bid to break planning deadlock https://www.thejournal.ie/odevaney-gardens-dublin-city-council-bartra-4873459-Oct2019/
- Plans lodged for state’s first integrated housing scheme for older people at St Michael’s Estate https://www.thejournal.ie/st-michaels-estate-older-persons-homes-planning-4873261-Nov2019/
- The importance of community engagement and public consultation when placemaking, Imelda May speaking about the Liberties – Imelda May ‘nervous’ new development will tear the heart out of the Liberties https://www.irishmirror.ie/news/irish-news/imelda-nervous-new-proposed-development-20795861
*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*
OTHER PROPERTY NEWS
- In the Sunday Independent today: Billionaire Comer buys €7m Meath stud farm – Independent.ie https://amp.independent.ie/business/commercial-property/billionaire-comer-buys-7m-meath-stud-farm-38654997.html
- Irish energy group in €1.8bn offshore Cork wind farm plan – Independent.ie https://amp.independent.ie/business/jobs/irish-energy-group-in-1-8bn-offshore-cork-wind-farm-plan-38655027.html
- Chadwicks’ stockpiling hit twice by Brexit delays – Independent.ie https://amp.independent.ie/business/brexit/chadwicks-stockpiling-hit-twice-by-brexit-delays-38655028.html
- Carey seeks to rebuild profits with Irish shake-up after ‘disappointing’ results – Independent.ie https://amp.independent.ie/business/irish/carey-seeks-to-rebuild-profits-with-irish-shakeup-after-disappointing-results-38655031.html CEO Sean Pollock is also the featured business interviewee today on page 4 of the business section.
- Louise McBride has feature on how smart home devices could save you money, from heating and security right through to smart petcare (anyone who has sat through an all-day conference with me will have seen me use my iPad to check in on my dogs, chat to them and even play with them while administering snacks, via our PetCube!)
- One of the lead business stories in The Irish Times today reports: Joe O’Reilly to bed down 685 homes on boom-time Woodbrook site https://www.thetimes.co.uk/article/joe-oreilly-to-bed-down-685-homes-on-boom-time-woodbrook-site-lkthtkzt6
- In The Sunday Business Post today: Ninety objections against shared living scheme in Varadkar’s constituency | BusinessPost.ie https://www.businesspost.ie/business/ninety-objections-lodged-bartras-shared-living-scheme-varadkars-constituency-456226
- Eoghan Murphy unclear on ‘use it or lose it’ plans | BusinessPost.ie https://www.businesspost.ie/politics/murphy-admits-details-unclear-use-lose-planning-permission-456244
- What incentives are on offer for first-time home buyers? https://www.irishtimes.com/business/personal-finance/what-incentives-are-on-offer-for-first-time-home-buyers-1.4062579?mode=amp
- ‘Use it or lose it’ measure to jump-start housing projects https://www.breakingnews.ie/ireland/use-it-or-lose-it-measure-to-jump-start-housing-projects-960553.html
- ‘This must end’: Homelessness figures reach over 10,000 for eighth consecutive month https://www.thejournal.ie/homelessness-figures-ireland-september-4873695-Oct2019/
- Housing Minister urged to quit as homelessness total exceeds 10,000 https://www.irishexaminer.com/breakingnews/ireland/housing-minister-urged-to-quit-as-homelessness-total-exceeds-10000-961123.html
- How to boost your chances of getting mortgage approval https://www.rte.ie/news/business/2019/1101/1088021-boost-chances-mortgage/
- Sherry FitzGerald to build new mortgage broker platform https://www.irishtimes.com/business/financial-services/sherry-fitzgerald-to-build-new-mortgage-broker-platform-1.4064956?mode=amp
- Murphy to propose measure over housing developments https://www.rte.ie/news/2019/1029/1087379-housing-development-extension/
- Central Bank rules over legal fees on mortgage arrears https://www.rte.ie/news/business/2019/1030/1087553-central-bank-mortgage-lenders/ also Banks barred from adding legal charges to mortgage arrears https://www.irishtimes.com/business/financial-services/banks-barred-from-adding-legal-charges-to-mortgage-arrears-1.4066798?mode=amp
- Property owners lose Cork holiday home tax planning case https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/construction/property-owners-lose-cork-holiday-home-tax-planning-case-1.4069416?mode=amp
- The risks of cashing in your pension to become a buy-to-let landlord https://www.thetimes.co.uk/article/the-risks-of-cashing-in-your-pension-to-become-a-buy-to-let-landlord-73qfvt7rw
- Planning Lodged For 25-Home Social Housing Development In Clare – Clare FM http://www.clare.fm/news/housing/planning-lodged-25-home-social-housing-development-clare/
- ‘It’s been really hard to get a fundraiser’: How Dublin City Council and Kennedy Wilson struggled to get Parnell Quarter off the ground https://www.thejournal.ie/parnell-city-library-4872007-Oct2019/
- BCP and Meyer Bergman secure €100m towards Dublin 2 scheme https://www.irishtimes.com/business/commercial-property/bcp-and-meyer-bergman-secure-100m-towards-dublin-2-scheme-1.4061716?mode=amp
- Newbridge estate looking to be taken in charge by Kildare County Council https://www.leinsterleader.ie/news/home/488021/newbridge-estate-looking-to-be-taken-in-charge-by-kildare-county-council.html
- Yew Grove acquires Athlone office building for €12m – Independent.ie https://amp.independent.ie/business/commercial-property/yew-grove-acquires-athlone-office-building-for-12m-38651312.html
- Retail: ‘Death of the high street? Not so fast – Brown Thomas’ €70m investment is just what Irish retailers need’ – Independent.ie https://amp.independent.ie/style/fashion/style-talk/caitlin-mcbride-death-of-the-high-street-not-so-fast-brown-thomas-70m-investment-is-just-what-irish-retailers-need-38635015.html
- Cuckoos’ investment tops Celtic Tiger levels – Independent.ie https://amp-independent-ie.cdn.ampproject.org/c/s/amp.independent.ie/business/commercial-property/cuckoos-investment-tops-celtic-tiger-levels-38653701.html
- Google in talks for new Dublin docklands offices https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/commercial-property/google-in-talks-for-new-dublin-docklands-offices-1.4066063?mode=amp
- Dublin 6 site with scope for residential scheme seeks €1.5m https://www.irishtimes.com/business/commercial-property/dublin-6-site-with-scope-for-residential-scheme-seeks-1-5m-1.4061553?mode=amp
- Irish developer told to pay €1.57m as Caribbean resort left in ‘a complete mess’ https://www.irishtimes.com/business/construction/irish-developer-told-to-pay-1-57m-as-caribbean-resort-left-in-a-complete-mess-1.4069565?mode=amp
- Supreme Court rules owner liable for €735k costs of his building firm’s dismissed action over works to Dublin pub https://www.irishexaminer.com/breakingnews/ireland/supreme-court-rules-owner-liable-for-735k-costs-of-his-building-firms-dismissed-action-over-works-to-dublin-pub-960927.html
- Nama and Ulster Bank lend $3m to pursue Sean Dunne in US courts https://www.irishtimes.com/business/commercial-property/nama-and-ulster-bank-lend-3m-to-pursue-sean-dunne-in-us-courts-1.4069682?mode=amp
- An Bord Pleanála gives Cairn Homes go-ahead for RTÉ site plan https://www.irishtimes.com/business/construction/an-bord-plean%C3%A1la-gives-cairn-homes-go-ahead-for-rt%C3%A9-site-plan-1.4066163?mode=amp
- Rhatigan navigates choppy waters of Dalkey property market https://www.irishtimes.com/life-and-style/homes-and-property/rhatigan-navigates-choppy-waters-of-dalkey-property-market-1.4066745?mode=amp
- O’Flynn Group gets green light for new Cork offices https://www.irishtimes.com/business/commercial-property/o-flynn-group-gets-green-light-for-new-cork-offices-1.4064224?mode=amp
- Valuation of Flexible Workspace – Summary of RICS Insight Report https://www.opensourcedworkplace.com/news/valuation-of-flexible-workspace-summary-of-rics-insight-report
- Legal battle between developer Garrett Kelleher and Nama settled https://www.irishtimes.com/business/commercial-property/legal-battle-between-developer-garrett-kelleher-and-nama-settled-1.4065981?mode=amp
- Planning permission granted for €30m State Data Centre in Kildare https://www.kildarenow.com/news/news/489917/planning-permission-granted-for-30m-state-data-centre-in-kildare.html
- The largest wind energy project in Ireland is being proposed off the Cork coast https://www.echolive.ie/corknews/The-largest-wind-energy-project-in-Ireland-is-being-proposed-off-the-Cork-coast-5cc5d881-1d25-4a2c-816a-a8628a98b265-ds
- Luxury hotel group Anantara takes over Dublin’s Marker https://www.irishexaminer.com/breakingnews/business/luxury-hotel-group-anantara-takes-over-dublins-marker-961230.html
- UK Government reveals winners for £30bn framework https://www.building.co.uk/news/government-reveals-winners-for-30bn-framework/5102470.article
- Morgan Sindall and Lovell on hunt for new subcontractors | Construction Enquirer http://www.constructionenquirer.com/2019/10/28/morgan-sindall-and-lovell-on-hunt-for-new-subcontractors/
- I know most of us are WeWork-ed out… but this is too interesting a read to leave out: Adam Neumann’s Lord & Taylor Building Buy Drags Down https://therealdeal.com/2019/11/01/weworks-white-elephant-insiders-savage-its-lord-taylor-building-buy/
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 *
- Techstars Startup Week and Proptech Ireland explore use cases for AI in real estate – PropTech Ireland https://prop-tech.ie/techstars-startup-week-and-proptech-ireland-run-event-on-the-use-of-ai-in-real-estate/
- HomeSecure aims to add 6,000 clients next year | BusinessPost.ie https://www.businesspost.ie/technology/homesecure-aims-add-6000-clients-next-year-456167
- Toronto is reining in Sidewalk Labs’ #smartcity dream https://www.engadget.com/2019/10/31/sidewalk-labs-waterfront-toronto-threshold-issues/?guccounter=1
- The big data 20 https://www.rics.org/uk/news-insight/future-of-surveying/surveying-technology/the-big-data-20/
- Could a Housing Crash Crush Zillow? | The Motley Fool https://www.fool.com/investing/2019/10/25/could-a-housing-crash-crush-zillow.aspx
- Watch a massive 3D-printed building take shape https://futurism.com/the-byte/massive-3d-printed-building
- How Gilbane Uses Prospect to Streamline Model Coordination Meetings with Trade Partners https://blog-irisvr-com.cdn.ampproject.org/c/s/blog.irisvr.com/bim-coordination-vr-meetings-case-study?hs_amp=true
- Is WeWork an Outlier, or Is Proptech Broken? – Commercial Observer https://commercialobserver.com/2019/10/is-wework-an-outlier-or-is-proptech-broken/
- Trulia founder Pete Flint backs real estate startup Modus – TechCrunch #proptech https://techcrunch.com/2019/10/31/modus/
- PropTech And Sustainability – Environment – UK http://www.mondaq.com/uk/x/858276/Climate+Change/PropTech+And+Sustainability
- Proptech startup Infraspeak lands €3M seed investment | PitchBook https://pitchbook.com/newsletter/proptech-startup-infraspeak-lands-3m-seed-investment
- ACCIONA opens 3D printing construction center in Dubai https://3dprintingindustry.com/news/acciona-opens-3d-printing-construction-center-in-dubai-164073/
- 3 Space Optimization Benefits Space-As-A-Service Provides https://www.cioapplications.com/news/3-space-optimization-benefits-spaceasaservice-provides-nid-5218.html
NEW FACEBOOK GROUP FOR IRISH PROPERTY BUYERS & INVESTORS
Crowd-sourcing answers topical property questions:
As many of you might know, my annual property book The Irish Property Buyers’ Handbook (since 2011) was rebranded in 2018 and will now appear as part of The Property Insider series, published by Oak Tree Press, the first three titles are now published and available here.
From 2019, the publishers and I want to ensure the content remains topical and we are doing this by crowd-sourcing home buyer and investor queries, with crowd-sourced and editorial team answers. Join the Facebook Group here to contribute: https://www.facebook.com/groups/IrishPropertyBuyers/