Sunday Property Round-Up 12th July, 2020

 

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Irish property market news and insights – for the industry, by the industry  

 

 

Before we get stuck into the general property news of the week, below are the local and international stories that might be of particular interest: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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@propertydistrict.ie.

 

(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). The team delivers 60 minutes of industry chat weekly with guests from the areas of planning, construction, property and proptech. 

On Property Matters this week:

 

 

Marley Fabisiewicz and Maciej Markowski, SpaceOS; Patrick Folan of I AM SOLD; and Peter Murphy of Ziggytec to talk new building/space operating systems, nationwide online auctions and building energy data.

Produced by Katie Tallon, Hear Me Roar Media

Listen back: https://ipropertyradio.com/515-2/ 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

 

  • In the Business Post today: Greens see red over push to fully reopen Phoenix Park to cars: Tánaiste Leo Varadkar contacted the OPW after constituents complained about traffic jams in surrounding areas https://www.businesspost.ie/ireland/greens-see-red-over-push-to-fully-reopen-phoenix-park-to-cars-a8d7edf4

 

 

 

 

 

 

 

 

 

 

  • “People are now more inclined to put quality of life over fluffy extras, it seems. On the other hand, there are those who can relocate…”

    https://amp.irishexaminer.com/breakingnews/property/changes-afoot-at-foundation-level-1010553.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*

 

CONSTRUCTION & DEVELOPMENT NEWS

 

 

  • In the Business Post today – Council pushes back over Clancy Quay apartments: Dublin City Council has told Kennedy Wilson, co-owner of the state’s largest private rental development, that no more retail units may be changed into apartments https://www.businesspost.ie/residential/council-pushes-back-over-clancy-quay-apartments-a5848ee7

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • An Bord Pleanála is considering a proposal to deliver over 300 new homes to Clane: Westar Investments is engaged in a Strategic Housing Development consultation with the national planning authority.
    https://kfmradio.com/news/09072020-0757/bord-plean%C3%A1la-considering-proposal-300-new-homes-clane

 

 

 

 

 

 

 

 

 

 

  • Temple Bar refused permission to expand famous premises: New whiskey tasting rooms turned down as Dublin City Council rules there is an ‘over-concentration’ of licensed premises in the area https://www.businesspost.ie/hospitality/temple-bar-refused-permission-to-expand-famous-premises-b8b48af6

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Comer companies’ profits top €200 million: Majority of multimillion-euro profits reported by property developers Luke and Brian Comer are from revaluations of investment properties https://www.businesspost.ie/companies/comer-companies-profits-top-200-million-5cbbd605

 

 

 

PROPTECH, MMC & CONSTRUCTION INNOVATION

 

 

  • Proptech Ireland is updating the database of 2020 Irish technology providers for the built environment – From smart design and planning right through to the smart property transaction, where does your Irish-led or Ireland-based proptech  or MMC 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 * 

 

 

 

 

 

 

 

 

 

RESIDENTIAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Record low of mortgages loaned out during COVID-19 crisis https://extra.ie/2020/07/11/business/property/record-low-mortgages-covid-crisis/amp

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

 

 

But…

  • Investment 2020: cautiously buoyant
    Domestic and overseas demand for property is still strong despite the pandemic and 2021 is on track to be even more buoyant, say experts

    https://www.businesspost.ie/commercial/investment-2020-cautiously-buoyant-7cd556ec

 

 

 

  • In The Sunday Times today – Colony and RGRE fear viral impact on offices: The pandemic could affect future demand for office and residential space in Dublin

    Colony Capital, a US investment firm, has held talks with Ronan Group Real Estate (RGRE), over whether Covid-19 might negatively affect future demands for office and residential space in the Dublin market. https://www.thetimes.co.uk/article/colony-and-rgre-fear-viral-impact-on-offices-vm62st6sd

 

 

  • Year-end rates waiver for SMEs ‘quite likely’

    A full waiver of commercial rates for small businesses until the end of the year is “quite likely” and will form a central plank of the Government’s job’s stimulus package, to be announced this month.
    A three-month waiver was introduced from March 27 at a cost of €260 million to the exchequer, but senior Government sources have confirmed to the Irish Examiner that a full waiver is being considered.
    https://www.irishexaminer.com/breakingnews/ireland/year-end-rates-waiver-for-smes-quite-likely-1010110.html

 

 

 

 

  • Ronan firm launches High Court action in Bewley’s rent row | Business Post https://www.businesspost.ie/legal/ronan-firm-launches-high-court-action-in-bewleys-rent-row-e96b247f

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

FACEBOOK GROUP FOR IRISH PROPERTY BUYERS & INVESTORS 2020

 

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 now appears as part of The Property Insider series, published by Oak Tree Press, the first three titles are now published and available here: https://www.amazon.com/Carol-Tallon/

From 2020, 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/

 

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