Sunday Property Round-Up 21st June, 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: 

 

 

  • The team at Hereworks need your help to design the smart office building of the future! Please take 5 minutes to fill out the following questionnaire and give us your Insights into how to improve our work spaces: https://lnkd.in/gEVVFm7

 

 

 

 

 

 

  • Covid-19 has little impact on house prices but sales fall by more than a third in just one month
    https://www.irishexaminer.com/breakingnews/ireland/covid-19-has-little-impact-on-house-prices-but-sales-fall-by-more-than-a-third-in-just-one-month-1005771.html 

 

 

 

 

  • Bill Nowlan: Vienna model of cost-based rents must be a priority here https://www.businesspost.ie/columnists/bill-nowlan-vienna-model-of-cost-based-rents-must-be-a-priority-here-64fa8f8f

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Nama’s Project Eagle sale report to be finished in September – The findings of the investigation into the state agency’s disposal of its €5.8bn loan book in the North was due this month but now won’t be ready until the autumn https://www.businesspost.ie/ireland/namas-project-eagle-sale-report-to-be-finished-in-september-613c2ff0

 

 

 

 

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

 

 

 

On #PropertyMatters iPropertyRadio.com this week:

 

 

 

  • Ed Burke, Founder of RooMigo tackles the thorny issue of co-living in Ireland and how to get the community elements right

 

 

Produced by Katie Tallon, Hear Me Roar Media

Listen back: https://ipropertyradio.com/473-2/ 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

 

 

 

 

 

 

 

 

 

 

 

  • One of Cork’s most historical areas on the northside has been given the “biggest boost for a quarter of a century” with a regeneration package including new housing and streetscape design.
    https://www.irishexaminer.com/breakingnews/ireland/regeneration-package-a-boost-for-blackpool-1005794.html

 

 

  • CITYWEST Road and Magna Drive in Citywest looks set to be a hub of residential development, after a developer received planning permission for 463 dwellings at that site last month.
    Glenveagh Homes Limited, who bought the site in 2018, plans to construct 353 apartments across seven apartment blocks, 89 houses, and 21 duplex apartments across two three-storey buildings.
    http://www.echo.ie/news/article/residential-development-set-for-citywest-road-and-magna-drive

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*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

 

 

 

 

 

 

 

 

 

 

  • Italian hedge fund builds €30m stake in Glenveagh – Helikon Investments has 5% ownership in homebuilder after buying shares over three months https://www.businesspost.ie/companies/italian-hedge-fund-builds-30m-stake-in-glenveagh-540b6712

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Marks & Spencer ‘concerned’ over Jervis development plans
    The retail giant claims the Dublin shopping centre’s plan to develop a car park into apartments will affect its own plan for residential development nearby https://www.businesspost.ie/retail/marks-spencer-concerned-over-jervis-development-plans-7f5db425

 

 

 

 

 

 

 

 

  • Environmental Monitoring firm Sonitus Systems has explained the planning ‘discretion around construction hours here: Guidance from the Department of Housing, Planning and Local Government http://www.sonitussystems.com/news

 

 

  • Irish language concerns in Rathcairn and approval given for hotel development and housing scheme |  https://intallaght.ie/irish-language-concerns-in-rathcairn-and-approval-given-for-hotel-development-and-housing-scheme/

 

 

 

 

  • Business Case For The States €30 Million Data Centre Must Be Updated As A Result Of The Project’s Delay Due To Planning Issues. | Kfm Radio https://kfmradio.com/news/19062020-0826/business-case-states-%E2%82%AC30-million-data-centre-must-be-updated-result-projects

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 * 

 

  • Making It Work: Ziggytec aims to save energy in more ways than one
    Start-up uses IoT technology to provide commercial property owners with live data on energy usage as it streamlines meter readings https://www.businesspost.ie/smes/making-it-work-ziggytec-aims-to-save-energy-in-more-ways-than-one-f3dc437c

 

 

  • Making It Work: Evercam opens €3m funding round ahead of overseas expansion plans: Supplier of time-lapse and project-management cameras to the construction industry looks to US and Australian markets https://www.businesspost.ie/smes/making-it-work-evercam-opens-3m-funding-round-ahead-of-overseas-expansion-plans-d20e5b48

 

 

 

 

 

 

  • Appraisals at a Distance: The COVID-19 pandemic didn’t create the proptech movement, but it is accelerating the realization that the ideas, technologies, and value it offers are no longer a luxury, but a requirement in real estate. It would be an understatement to say that the current global pandemic has created a unique housing experience. From virtual showings to in-car closings, social distancing has created a near perfect storm for appraisers, originators, and agents when it comes to viewing and valuing properties. As current and potential homeowners continue to move forward with buying, selling, and refinancing properties, it’s important that valuations are done both accurately and safely.  So how do industry pros really feel about appraisals from a distance?
    https://dsnews.com/daily-dose/06-19-2020/appraisals-at-a-distance

 

 

 

 

RESIDENTIAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Smart moves: how to speed up a property sale https://www.businesspost.ie/property-insight/smart-moves-how-to-speed-up-a-property-sale-b1b38d77

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

 

 

 

 

 

 

 

  • The coronavirus conundrum for commercial leases
    Covid-19 could trigger subleases and assignments of commercial leases https://www.businesspost.ie/commercial/the-coronavirus-conundrum-for-commercial-leases-6dee70bc

 

 

 

 

  • Also: Creating certainty in uncertain times
    Iconic Offices has been working hard to make its workspaces as safe as possible for returning clients https://www.businesspost.ie/commercial-reports/creating-certainty-in-uncertain-times-f63f7483

 

 

 

 

 

 

 

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

 

 

 

 

NEW 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/

 

 

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