Sunday Property Round-Up 25th October, 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: 

 

 

 

 

  • Investment firm says nearly a third of its property income is ‘at risk’: Accounts for Nick Furlong’s Vevey Management state that ‘directors expect some tenants will not be able to pay their rent’ https://www.businesspost.ie/companies/investment-firm-says-nearly-a-third-of-its-property-income-is-at-risk-3584a013

 

 

  • Developer Johnny Ronan says Dublin city planners have got it in for him: Developer Johnny Ronan’s property company has accused executives in Dublin city council of holding “a deep and ingrained personal bias and malice” against it. In a letter to the housing minister Darragh O’Brien, Rory Williams, chief executive of Ronan Group Real Estate (RGRE), claims the council’s bias is “adversely affecting its performance of statutory duties to ensure the proper planning and development of Dublin as a major international city”: https://www.thetimes.co.uk/edition/ireland/developer-johnny-ronan-says-dublin-city-planners-have-got-it-in-for-him-tdwhsns3v

 

 

 

 

  • BANK HOLIDAY MONDAY – PropIT Middle East: This virtual conference will focus on the strategies, technologies and big ideas that will be essential for real estate and property professionals for 2020 and beyond. Keynote Monday 28th October: Digital placemaking and emerging technologies for urban development. Click to book: https://secure.terrapinn.com/V5/step1.aspx?E=10170&p=1&_ga=2.90577107.811463413.1603087523-1170064118.1570945572

 

 

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

 

 

Joining us on #PropertyMatters iPropertyRadio.com this week to discuss Construction Safety Week 2020:

Dermot Carey, Director of Safety, Training & Skills at Construction Industry Federation (CIF); Fiachra Morrison, Clinical Hypnotherapist at the Dublin Hypnosis & Therapy Centre; and Eamon Kenny, Regional EHS Manager at John Paul Construction

Produced by Katie Tallon, Hear Me Roar Media

 

Listen back:

https://ipropertyradio.com/property-matters-22-10-2020-cif-dublin-hypnosis-therapy-centre-and-john-paul-construction/

 

Email the Property Matters team at hello@iPropertyRadio.com

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

  • Cualanor residential scheme takes top honours in Excellence in Placemaking Awards  https://www.businesspost.ie/commercial/cualanor-residential-scheme-takes-top-honours-in-excellence-in-placemaking-awards-2024e6d8

 

 

 

 

 

 

 

 

 

*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

  • Geoscience: the foundation for infrastructure – Irish geoscience companies and the wider construction sector have the capacity and ability to deliver key infrastructure, both in Ireland and overseas https://www.businesspost.ie/commercial-reports/geoscience-the-foundation-for-infrastructure-2da412f4

 

 

 

 

  • Report reveals €33m of cost overruns in school buildings | Business Post https://www.businesspost.ie/ireland/report-reveals-33m-of-cost-overruns-in-school-buildings-b3204cce

 

  • Construction sector is building for the future – In a time of uncertainty, between the pandemic and Brexit, the building and infrastructure sectors nevertheless stand ready to create the Ireland of tomorrow: https://www.businesspost.ie/commercial-reports/construction-sector-is-building-for-the-future-229d9be0

 

  • Magnificent seven: new developments to regenerate Dublin 8 – New hotels, student accommodation, tourist attractions and progress on the National Children’s Hospital are helping to make the area a hotspot for Hines, Ballymore and Marlet, among others https://www.businesspost.ie/commercial/magnificent-seven-new-developments-to-regenerate-dublin-8-3b2ede1c

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Industrial development site in Newry area guiding €3.65m – Freehold site of 22 acres strategically located beside A1 dual carriageway between Belfast and Dublin https://www.businesspost.ie/commercial/industrial-development-site-in-newry-area-guiding-365m-a3f893b8

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 *  

 

  • Firm’s WFH solution is a hit:Events company Movement pivots its business to make mini-home offices that can be used for a variety of purposes (pictured above) https://www.businesspost.ie/commercial/in-pod-we-trust-firms-wfh-solution-is-a-hit-702f300b

 

 

 

 

 

 

 

 

 

 

 

 

 

RESIDENTIAL PROPERTY NEWS (including PRS)

 

  • IPAV will be hosting its first Online European Valuation Conference and Virtual Exhibition on Wednesday 28 October 2020, moderated by Ivan Yates and Carol Tallon. Schedule and booking details here: https://ipav.ticketsolve.com/shows/873622069

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

  • A rollercoaster year for Ireland’s commercial investment market: Despite serious disruptions to business throughout the year and a looming Brexit, market observers remain upbeat about what’s in store for commercial property investment – https://www.businesspost.ie/commercial/a-rollercoaster-year-for-irelands-commercial-investment-market-0d41062b

 

 

 

  • Year-to-date occupancy for Dublin hotels at end of September only 34% – JLL remains confident that the capital’s popularity as a tourist destination means the long-term outlook for Irish hotels is still bright https://www.businesspost.ie/commercial/year-to-date-occupancy-for-dublin-hotels-at-end-of-september-only-34-60f763fb

 

 

 

 

 

  • Opportunity knocks twice on St Stephen’s Green  | Business Post https://www.businesspost.ie/commercial/opportunity-knocks-twice-on-st-stephens-green-a0322d08

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

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 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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