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:
- Property prices have fallen for the first time in seven years…And it has emerged that a record four out 10 homes bought in July were accounted for by a combination of the State and cuckoo funds, institutional investors that buy to rent out the properties https://amp-independent-ie.cdn.ampproject.org/c/s/amp.independent.ie/business/personal-finance/home-prices-fall-as-state-and-cuckoos-swoop-on-market-39538530.html
- Retail shortages, undeterred homebuyers and a slowdown in construction https://www.irishtimes.com/business/retail-shortages-undeterred-homebuyers-and-a-slowdown-in-construction-1.4354320?mode=amp
- Home completions to reach 18,000, down 14% – BPFI https://www.rte.ie/news/business/2020/0917/1165716-home-completions-to-reach-18-000-down-14-bpfi/
- Our homelessness problem won’t be solved by money alone – it requires structural change too https://amp.independent.ie/opinion/letters/our-homelessness-problem-wont-be-solved-by-money-alone-it-requires-structural-change-too-39543754.html
- When will Irish workers be tempted back to the office? Modern workplaces will have to offer services, as well as space, to attract staff in a post-Covid future of flexible employment patterns https://www.thetimes.co.uk/article/when-will-irish-workers-be-tempted-back-to-the-office-7fkxfzm00
- Ireland will miss 2030 climate targets due to ‘broken planning’ https://www.irishexaminer.com/news/arid-40048076.html
- Nama pays out over €3m in redundancy, bonuses and garden leave to staff https://www.irishtimes.com/business/commercial-property/nama-pays-out-over-3m-in-redundancy-bonuses-and-garden-leave-to-staff-1.4353918?mode=amp
- ‘House-building: the cost of going private’ https://www.irishtimes.com/opinion/letters/house-building-the-cost-of-going-private-1.4355659?mode=amp
- Planning permission granted for North-South electricity interconnector: Stormont Infrastructure Minister Nichola Mallon said it will create a 400kv overhead electricity line connecting with the Republic of Ireland. https://www.thejournal.ie/north-south-interconnector-2-5204641-Sep2020/
- Remote Work: has the sovereign office been dethroned? https://irishtechnews.ie/remote-work-has-the-office-been-dethroned/
- Review of stamp duty break as one-off homes benefit most: A Tax Strategy Group report shows that 1,600 of the 1,765 successful applicants were owners of one-off housing sites https://www.businesspost.ie/ireland/review-of-stamp-duty-break-as-one-off-homes-benefit-most-d15b03c7
- Report on Nama’s Project Eagle loans sale is delayed again: Commission of investigation seeks another extension, to December 31, as it waits for Nama’s responses on key issues https://www.businesspost.ie/ireland/report-on-namas-project-eagle-loans-sale-is-delayed-again-07bea87f
- Census to be postponed until 2022 on CSO advice https://www.irishexaminer.com/news/arid-40049153.html
- This is disappointing – Dublin falls out of top 30 ‘smart cities’ due to housing crisis https://www.irishtimes.com/business/technology/dublin-falls-out-of-top-30-smart-cities-due-to-housing-crisis-1.4356318?mode=amp
- Hydrogen, the fuel of the future, is becoming a reality in Ireland | Business Post https://www.businesspost.ie/energy/hydrogen-the-fuel-of-the-future-is-becoming-a-reality-in-ireland-a0566fb6
- Quiz: Where on earth are these buildings? https://www.thejournal.ie/building-location-quiz-5207138-Sep2020/
- How investing your nest egg in property can build your pension https://www.thetimes.co.uk/article/how-investing-your-nest-egg-in-property-can-build-your-pension-x9qfhcgks
- PENSIONS AWARENESS WEEK 2020: Property, like other asset classes, has a place in pension portfolios and, in many ways, the medium to long term horizon of property investment works well within a pension. Sign up for a FREE masterclass on ‘Property and Your Pension’ on Wednesday 23rd September: https://pensionsawarenessweek.ie/day-3-property-and-your-pension-paw20/
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.
Produced by Katie Tallon of Hear Me Roar Media.
COMING UP: Paddy Kelly reflects on 60 years in the industry…
Listen back here: https://ipropertyradio.com
Email the Property Matters team at hello@iPropertyRadio.com
PLACEMAKING
PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT
- North Dublin residents amazement at ‘stark contrast’ of council projects. A resident of Old Street, said: “We are simply at a loss to understand how Fingal County Council can provide an example of best and worst practice in the provision of public realm improvements at precisely the same time…” https://www.dublinlive.ie/news/dublin-news/malahide-residents-amazement-stark-contrast-18947582b
- Holy Island at centre of new plan to develop Lough Derg tourism – The Clare Champion https://clarechampion.ie/holy-island-at-centre-of-new-plan-to-develop-lough-derg-tourism/
- Plans for ‘15-minute city can breathe life into whole of the capital’ https://m.independent.ie/irish-news/plans-for-15-minute-city-can-breathe-life-into-whole-of-the-capital-39527705.html
- We pictured idyllic summers, colour schemes, playrooms for the kids. Then we saw the house… Move to the country: Leaving Dublin was the first big decision but as the search starts, other hard choices loom https://www.irishtimes.com/life-and-style/homes-and-property/turns-out-the-hard-part-to-buying-a-house-is-finding-one-who-knew-1.4355608?mode=amp
- City Hall approves new cycle lanes near Cork’s largest colleges https://www.irishexaminer.com/news/munster/arid-40048805.html
- City Hall approves new cycle lanes near Cork’s largest colleges https://www.irishexaminer.com/news/munster/arid-40048805.html
- The High Court has rejected a challenge taken by the Friends of the Irish Environment (FIE) against a decision of the Legal Aid Board (LAB) not to grant it legal aid. https://www.irishlegal.com/article/high-court-environmentalist-group-fails-in-legal-aid-challenge
- How co-working spaces could transform rural Ireland: The rapid, widespread adoption of remote working during the Covid-19 outbreak has the potential to re-invigorate our abandoned towns and villages https://www.businesspost.ie/companies/how-co-working-spaces-could-transform-rural-ireland-879200db
- December reopening for Cork’s landmark Shakey Bridge https://www.irishexaminer.com/news/munster/arid-40049126.html
- Dublin’s bike revolution isn’t a cyclist-vs-motorist battle https://www.irishtimes.com/life-and-style/people/r%C3%B3is%C3%ADn-ingle-dublin-s-bike-revolution-isn-t-a-cyclist-vs-motorist-battle-1.4354523?mode=amp
- Idea: A Phoenix Park to Grand Canal Cycle Path – Michael Pidgeon http://pidgeon.ie/idea-a-phoenix-park-to-grand-canal-cycle-path/
- TD argues Dublin to Galway Greenway must go through Athenry – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/td-argues-dublin-to-galway-greenway-must-go-through-athenry/
- Taoiseach sees ‘no difficulty’ with report on light rail for Galway https://connachttribune.ie/taoiseach-sees-no-difficulty-with-report-on-light-rail-for-galway/
- High Hill to be one of country’s most spectacular gardens: Performance area, art work, formal Norman gardens to transform town centre site as work gets under way ahead of spring start https://amp.independent.ie/regionals/newrossstandard/news/high-hill-to-be-one-of-countrys-most-spectacular-gardens-39530308.html
- Kerry man Brendan Begley plants wooden crosses to protest planning laws | Newstalk https://www.newstalk.com/news/nobody-will-get-village-kerry-man-plants-wooden-crosses-protest-planning-laws-1078060
- An Bord Pleanála can’t appeal Kerry laneway case, high court rules https://www.irishexaminer.com/news/courtandcrime/arid-40051229.html
- Covid crisis may lead to more shops being converted into homes https://www.thetimes.co.uk/article/covid-crisis-may-lead-to-more-shops-being-converted-into-homes-78gvwch57
*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
- Linesight’s data and trends index is upbeat for Ireland | Business Post https://www.businesspost.ie/property-insight/linesights-data-and-trends-index-is-upbeat-for-ireland-c1852c39
- Irish round-up: Affordable housing help; Rosslare coastal erosion funding; social housing economics favour councils | The Planner https://www.theplanner.co.uk/news/irish-round-up-affordable-housing-help-rosslare-coastal-erosion-funding-social-housing
- Construction industry wants €15bn housing and infrastructure package https://www.irishexaminer.com/business/economy/arid-40049915.html?type=amp
- Credit unions back €300m fund for social and affordable homes | Business Post https://www.businesspost.ie/construction/credit-unions-back-300m-fund-for-social-and-affordable-homes-b403fb1d
- Building sector sees sharp drop following mid-summer surge https://amp.independent.ie/business/irish/building-sector-sees-sharp-drop-following-mid-summer-surge-39527649.html
- Irish construction recovery falters https://www.theconstructionindex.co.uk/news/view/irish-construction-recovery-falters?amp=1
- Defective Celtic Tiger homes to be focus of new working group: Minister to examine solutions for owners of such homes, such as loans or tax breaks https://www.irishtimes.com/news/ireland/irish-news/defective-celtic-tiger-homes-to-be-focus-of-new-working-group-1.4354041?mode=amp
- Development charges for home building in Cork cut by 50% https://www.irishexaminer.com/news/munster/arid-40049207.html
- Better allocation and management of risk and improved transparency around project costs, are some of the benefits of a new form of contract now available for use by Ireland’s construction industry. https://www.irishbuildingmagazine.ie/2020/09/15/new-building-contract-available-for-private-sector-contracts/
- Thousands of workers across building sector back strikes if employers cut pay, conditions: Government set to change legislation to facilitate pay rises for public health doctors https://www.irishtimes.com/news/ireland/irish-news/thousands-of-workers-across-building-sector-back-strikes-if-employers-cut-pay-conditions-1.4354892?mode=amp
- Construction workers vote for industrial action over 2.7% pay increase https://www.irishtimes.com/business/construction/construction-workers-vote-for-industrial-action-over-2-7-pay-increase-1.4355393?mode=amp
- Mechanical construction employers agree 2.7% pay rise after strike threat https://www.irishtimes.com/news/ireland/irish-news/mechanical-construction-employers-agree-2-7-pay-rise-after-strike-threat-1.4358607?mode=amp
- State backed lender to builders to boost Covid fund https://www.rte.ie/news/business/2020/0915/1165234-state-lender-to-builders-to-boost-covid-fund-by-100m/
- Johnnt Ronan inn trouble, as An Taisce protests over George’s Quay hotel tower tweak https://www.thetimes.co.uk/edition/ireland/johnnt-ronan-inn-trouble-as-an-taisce-protests-over-george-s-quay-hotel-tower-tweak-vhhkhgnml
- Bord Pleanála clears way for 21-storey tower on former Apollo House site: Marlet to add 54 high-end apartments across 10 floors above College Square office block https://www.irishtimes.com/business/commercial-property/bord-plean%C3%A1la-clears-way-for-21-storey-tower-on-former-apollo-house-site-1.4357604?mode=amp
- Cairn Homes €338 million RTE apartment complex gets green light https://m.independent.ie/business/cairn-homes-338-million-rte-apartment-complex-gets-green-light-39535715.html
- Development opportunity on St. Stephen’s Green on the market for €18m https://www.businessworld.ie/property-news/Development-opportunity-on-St-Stephen-s-Green-on-the-market-for-18m-574468.html
- Lioncor to roar onto fast track with build-to-rent on Marmalade Lane in Dundrum https://www.thetimes.co.uk/edition/ireland/lioncor-to-roar-onto-fast-track-with-build-to-rent-on-marmalade-lane-in-dundrum-mx360b2jk
- Two major housing developments that would have provided more than 650 new homes in Dublin and Wicklow have been refused planning permission under the fast-track process. https://m.herald.ie/news/plans-for-over-650-homes-in-wicklow-and-dublin-refused-39541067.html
- Harrow House: a grand period home or a development opportunity in Killiney? Investors happy to play the long game may go for this Co Dublin home on an acre of land https://www.thetimes.co.uk/edition/ireland/harrow-house-a-grand-period-home-or-a-development-opportunity-in-killiney-lm5qbbnnh
- €5m for zoned development lands adjoining Intel’s Leixlip campus https://www.irishtimes.com/business/commercial-property/5m-for-zoned-development-lands-adjoining-intel-s-leixlip-campus-1.4352552?mode=amp
- City Hall chief says ‘significant progress’ made on Cork events centre project https://www.irishexaminer.com/news/munster/arid-40048802.html
- Apartment plan for Cork’s Patrick Street https://www.irishexaminer.com/property/commercial/arid-40049567.html
- City Council approves Knocknacarra Lidl plans for the second time – Galway Daily https://www.galwaydaily.com/news/city-council-approves-knocknacarra-lidl-plans-for-the-second-time/
- Lidl starts construction of new Limerick store https://www.limerickleader.ie/news/home/574834/lidl-starts-construction-of-new-limerick-store.html
- Construction of new Portiuncula ward block due to start mid-2021 | Westmeath Independent https://www.westmeathindependent.ie/2020/09/16/construction-of-new-portiuncula-ward-block-due-to-start-mid-2021/
- Green light for 78 unit housing development in Ballinasloe https://connachttribune.ie/green-light-for-78-unit-housing-development-in-ballinasloe/amp/
- Irish architects Henry J Lyons chosen for Ireland House Tokyo project https://www.irishtimes.com/business/innovation/irish-architects-henry-j-lyons-chosen-for-ireland-house-tokyo-project-1.4357664?mode=amp
- O’Brien & O’Flynn play their way back into the game https://www.irishexaminer.com/news/spotlight/arid-40047935.html?type=amp
- PJ Rudden named as Construction Sector Group Chairman of Innovation and Digital Adoption https://www.irishbuildingmagazine.ie/2020/09/14/pj-rudden-named-as-construction-sector-group-chairman-of-innovation-and-digital-adoption/
- CRH reported to be eyeing up building on Australian business https://m.independent.ie/business/irish/crh-reported-to-be-eyeing-up-building-on-australian-business-39541137.html
- The remote working that came as a result of the pandemic is here to stay: The industry moved very early during the pandemic, even before the lockdown, to manage the issue of Covid-19, says Donal McCarthy, Chief Operating Officer for Ireland and Europe at John Sisk & Son: https://www.businesspost.ie/commercial-reports/the-remote-working-that-came-as-a-result-of-the-pandemic-is-here-to-stay-77b0dfd8
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 *
- 7 must-see virtual house viewings in the city and county this week https://www.corkbeo.ie/news/local-news/7-must-see-virtual-house-18942002
- The use of remote training and support will also aid the skills shortage. ‘I think the lasting impacts on the sector will be prioritising the essential workers onsite’ says Simon Crowhen, Sales Manager-Geomatics, Topcon Positioning Ireland https://www.businesspost.ie/commercial-reports/the-use-of-remote-training-and-support-will-also-aid-the-skills-shortage-5370d312
- StoneLock GM discusses privacy features in biometric property technology as market heats up | Biometric Update https://www.biometricupdate.com/202009/stonelock-gm-discusses-privacy-features-in-biometric-property-technology-as-market-heats-up
- Here’s How Your Property Management Software Determines Your Tech Stack | Propmodo https://www.propmodo.com/heres-how-your-property-management-software-determines-your-tech-stack/
- Can PropTech help combat real estate challenges created since the outset of COVID 19 -Saurabh Garg – BW Disrupt http://bwdisrupt.businessworld.in/article/Can-PropTech-help-combat-real-estate-challenges-created-since-the-outset-of-COVID-19-/11-09-2020-319184/
- No “Rout” About It: Real Estate Tech Stocks Rebound | Propmodo https://www.propmodo.com/no-rout-about-it-real-estate-tech-stocks-rebound/
- UK Auction PropTech startup aims to streamline legal process for buyers https://www.estateagenttoday.co.uk/breaking-news/2020/9/auction-proptech-startup-aims-to-streamline-legal-process-for-buyers
- Proptech Has Taken A Step In The Right Direction But Needs Far More Than Diversity Clauses To Diversify, Leaders Say https://www.bisnow.com/national/news/technology/proptech-needs-far-more-than-diversity-clauses-to-diversify-leaders-say-105981#ath
- Proptech Helps Development Do More With Less Dock Space https://theurbandeveloper.com/articles/smart-solutions-urban-developments-mobile-dock
- Fifth Gen Media launches ‘Connected with Laurie’ podcast | Connected Real Estate Magazine https://connectedremag.com/das-in-building-wireless/fifth-gen-media-launches-connected-with-laurie-podcast/
- Cigarette butts added to construction material could lower energy use https://eandt.theiet.org/content/articles/2020/09/cigarette-butts-added-to-construction-material-lowers-energy-usage/
RESIDENTIAL PROPERTY NEWS (including PRS)
- Residential property prices in Dublin increase by 90% since 2012 low https://amp.breakingnews.ie/ireland/residential-property-prices-in-dublin-increase-by-90-since-2012-low-1018082.html
- Property prices in South West are up 4.3% https://www.irishexaminer.com/news/munster/arid-40049816.html?type=amp
- Small increase in Wexford’s house prices https://amp.independent.ie/regionals/goreyguardian/news/small-increase-in-wexfords-house-prices-39530802.html
- State bodies playing role in squeezing Dublin housing market – Groups other than households bought almost half new homes in capital in last year https://www.irishtimes.com/business/commercial-property/state-bodies-playing-role-in-squeezing-dublin-housing-market-1.4356642?mode=amp
- Firm linked to US investor buys 272 for-rent residential units in Dublin https://amp.independent.ie/business/commercial-property/firm-linked-to-us-investor-buys-272-for-rent-residential-units-in-dublin-39543306.html
- Development of 101 apartments pre-sold in south Dublin: Family-owned McGrath group has also generated over €40 million from the sale of apartments in Germany https://www.businesspost.ie/commercial/development-of-101-apartments-pre-sold-in-south-dublin-3bb5698d
- With new arrival offering mortgages below 2%, get ready for a price war https://www.irishexaminer.com/business/economy/arid-40050572.html?type=amp
- Your money: Seven things you must know on the new mortgage playing field https://amp.independent.ie/business/personal-finance/property-mortgages/your-money-seven-things-you-must-know-on-the-new-mortgage-playing-field-39543301.html
- Sandycove lockdown sale nets over €6m in one of biggest sales of 2020 https://www.irishtimes.com/life-and-style/homes-and-property/sandycove-lockdown-sale-nets-over-6m-in-one-of-biggest-sales-of-2020-1.4356240?mode=amp
- Turn the key to secret city oasis in the heart of Donnybrook – Mature gardens, high ceilings and top-notch fixtures and fittings give a luxury feel to this apartment https://www.thetimes.co.uk/edition/ireland/turn-the-key-to-secret-city-oasis-in-the-heart-of-donnybrook-30qdtls77
- Ireland’s top 10 most expensive homes… What can you get for €20M? https://amp.independent.ie/life/home-garden/homes/irelands-top-10-most-expensive-homes-what-can-you-get-for-20m-39540416.html
- Dún Laoghaire-Rathdown homeowners face 15% hike in property tax due to Covid crisis https://www.irishtimes.com/news/ireland/irish-news/d%C3%BAn-laoghaire-rathdown-homeowners-face-15-hike-in-property-tax-due-to-covid-crisis-1.4354899?mode=amp
- Seabren makes elevator pitch for luxury living in Rathgar – Marble tiling, gold sinks and a spacious lift are among the opulent features of these €3.25m south Dublin homes https://www.thetimes.co.uk/article/seabren-makes-elevator-pitch-for-luxury-living-in-rathgar-n05nb02rq
- Picturesque cottage is an exciting renovation opportunity – Galway Daily https://www.galwaydaily.com/galway-property/picturesque-cottage-is-an-exciting-renovation-opportunity/
- If you have always dreamed about running off to live on an island somewhere then we have the perfect place for you to make that a reality…https://www.corkbeo.ie/news/property/gallery/you-can-buy-slice-heaven-18942387
- What is the going rate for a home in Co Donegal? https://thestreetjournal.org/2020/09/what-is-the-going-rate-for-a-home-in-co-donegal/
- How to bring the inside out for the winter https://amp.independent.ie/life/home-garden/how-to-bring-the-inside-out-for-the-winter-39544015.html
- IAM Sold Property Auctions reveals fresh new look | Business Post https://www.businesspost.ie/commercial/iam-sold-property-auctions-reveals-fresh-new-look-c12b5b54
- DNG founder Edmund Douglas joins Colliers International https://www.irishtimes.com/business/commercial-property/dng-founder-edmund-douglas-joins-colliers-international-1.4354538?mode=amp
- BidX1 strengthens Irish management team https://www.irishtimes.com/business/commercial-property/bidx1-strengthens-irish-management-team-1.4352601?mode=amp
COMMERCIAL PROPERTY NEWS
- JCD Group secures tenants for 75% of Penrose Dock office scheme https://www.irishtimes.com/business/commercial-property/jcd-group-secures-tenants-for-75-of-penrose-dock-office-scheme-1.4354570?mode=amp
- Google Ireland boss: ‘We had to learn like everybody, how do you work from home?’ https://www.irishtimes.com/business/technology/google-ireland-boss-we-had-to-learn-like-everybody-how-do-you-work-from-home-1.4355722?mode=amp
- Google will ‘continue to invest’ in Dublin office buildings – Ireland boss https://www.irishtimes.com/business/technology/google-will-continue-to-invest-in-dublin-office-buildings-ireland-boss-1.4356226?mode=amp
- TikTok weighs plan for up to 5,000 workers in Dublin offices https://www.irishtimes.com/business/commercial-property/tiktok-weighs-plan-for-up-to-5-000-workers-in-dublin-offices-1.4357381?mode=amp
- Dublin office investment at €2.25m offers 5.25% net initial yield https://www.irishtimes.com/business/commercial-property/dublin-office-investment-at-2-25m-offers-5-25-net-initial-yield-1.4352670?mode=amp
- Rohan Holdings begins delivery of 165,000sq of logistics space along M50 https://www.irishtimes.com/business/commercial-property/rohan-holdings-begins-delivery-of-165-000sq-of-logistics-space-along-m50-1.4355600?mode=amp
- Landmark IFSC office investment seeks €54m https://www.irishtimes.com/business/commercial-property/landmark-ifsc-office-investment-seeks-54m-1.4355439?mode=amp
- Prime office block site on St Stephen’s Green comes to market | Business Post https://www.businesspost.ie/commercial/prime-office-block-site-on-st-stephens-green-comes-to-market-61b18dcc
- Baldonnell Business Park units included in Mountpark’s €530m sale portfolio https://www.thetimes.co.uk/edition/ireland/baldonnell-business-park-units-included-in-mountpark-s-530m-sale-portfolio-vnf792rls
- Application for appointment of examiner to Irish arm of New Look is adjourned: Lawyer for some of the fashion retailer’s landlords opposes application for the appointment of examiner https://www.businesspost.ie/legal/application-for-appointment-of-examiner-to-irish-arm-of-new-look-is-adjourned-4d2f68b5
- Woodquay terraced house is prime investment opportunity – Galway Daily https://www.galwaydaily.com/galway-property/woodquay-terraced-house-is-prime-investment-opportunity/
- Time and time again I find that, to their detriment, many business tenants are not aware of their rights under landlord and tenant legislation. Tenants ignorance ranges from not knowing that they are entitled to a new lease if they have been in possession for five years, to assuming that the new lease they take-out, must be the same length as their existing lease. A tenant’s starting position should always be to enter into a dialogue with their landlord…: https://amp.independent.ie/business/commercial-property/tenants-should-act-now-if-your-commercial-lease-is-due-to-expire-soon-39538039.html
- 21st-century office space: co-working on the Malahide waterfront https://www.thetimes.co.uk/edition/ireland/21st-century-office-space-co-working-on-the-malahide-waterfront-vtk72jsvk
INTERNATIONAL PROPERTY NEWS
- London house prices hit all-time high in post-lockdown property surge https://www.homesandproperty.co.uk/property-news/london-house-prices-all-time-high-a140226.html
- Queen’s property drops in value by £500m after rental receipts decline https://www.theguardian.com/business/2020/sep/18/queens-property-holdings-crown-estate-500m-writedown-fall-rental-receipts
- McLaren exec: clients must ‘reduce profit expectations‘ https://www.constructionnews.co.uk/legal/mclaren-exec-clients-must-reduce-profit-expectations-14-09-2020/
- Two major road project wins in August catapulted Balfour Beatty to the top of the monthly contracts league for the first time in several years. https://www.constructionenquirer.com/2020/09/16/balfour-tops-august-contracts-league-with-civils-wins/
- Grenfell cladding contractor pocketed 48% discount on insulation https://www.architectsjournal.co.uk/news/grenfell-cladding-contractor-received-48-discount-on-insulation
- The World’s Longest Immersed Road and Rail Tunnel, between Denmark and Germany, Receives Green Light https://www.archdaily.com/947651/the-worlds-longest-immersed-road-and-rail-tunnel-between-denmark-and-germany-receives-green-light
FACEBOOK GROUP FOR IRISH PROPERTY BUYERS & INVESTORS
Crowd-sourcing answers topical property questions:
Irish Property Buyers Handbook annuals
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/