Sunday Property Round-Up 28th 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: 

 

 

 

  • A referendum on housing is not going to solve the supply crisis:
    A proposed amendment to the Constitution is not a practical solution and could have unintended consequences https://www.businesspost.ie/columnists/elaine-byrne-a-referendum-on-housing-is-not-going-to-solve-the-supply-crisis-c3de45ad

 

 

 

 

 

 

 

 

 

 

  • Doctors and builders targeted as Revenue dragnet collects €500m – €41m extra tax came from construction sector as Revenue Commissioners’ investigations focused on areas where tax avoidance is more likely https://www.businesspost.ie/ireland/doctors-and-builders-targeted-as-revenue-dragnet-collects-500m-1314080e

 

 

 

 

 

 

 

 

  • Nick Webb, writing in The Sunday Times today: Gervaise Slowey, the former Ogilvy executive who ran Denis O’Brien’s Communicorp radio business for four years, has rocked up at Wells Fargo International as a board member of the bank’s Irish operations. Slowey is also on the board of Jane Howard’s Ulster Bank. Wells Fargo was hammered by the Central Bank of Ireland last year when it was fined almost €6m for some rather serious “regulatory reporting breaches and related governance failings”. It was the second biggest fine ever handed out by the regulator, trailing the bumper €21m fine imposed on the Permo for diddling customers with tracker mortgages: https://www.thetimes.co.uk/article/inside-track-slowly-does-it-in-wells-fargo-role-tctv7bx07

 

 

 

 

  • Cork farmer wins battle to remove lands from vacant site register | Business Post https://www.businesspost.ie/legal/cork-farmer-wins-battle-to-remove-lands-from-vacant-site-register-655f2060

 

 

 

 

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 Property Matters this week:

 

  • Dónal Byrne, Director of Big Red Barn discusses the growth in demand for modular homes.

 

  • Kate Fitzmaurice, Co-Owner,  of The VIEW office space in Malahide, shares details of the new offering for SMEs and remote workers in North Dublin.

 

  • Karol Friel, National Sales Manager with Topcon Positioning Ireland, details the uptake in construction technology since the start of the pandemic as contractors seek to regain lost momentum on sites.

 

Produced by Katie Tallon, Hear Me Roar Media

 

Listen back: https://ipropertyradio.com/property-matters-23rd-june-2020-big-red-barn-the-view-topcon-positioning-ireland/ 

Email the Property Matters team at hello@iPropertyRadio.com

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

 

  • New report published which examines how to encourage more people to live in rural town and village centres.
    It sets out the key issues identified in repurposing vacant properties for modern living, and the key findings which emerged: https://bit.ly/3fS0fs8

 

 

  • Why don’t people live in rural town centres? Six towns were given €100k to see why – here’s what they said
    A pilot initiative from the government gave six rural towns €100,000 to develop proposals aimed at rejuvenating town centres. https://www.thejournal.ie/rural-town-centres-5131123-Jun2020/

 

 

 

 

 

 

 

  • City Council submits funding application for second promenade in the city – at Ballyloughane Beach https://connachttribune.ie/city-council-submits-funding-application-for-second-promenade-in-the-city-at-ballyloughane-beach/amp/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*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

 

  • Victory for Dublin 15 residents as High Court overturns decision to grant permission for controversial co-living block at Brady’s Pub:
    The planning board had gone against its own inspector’s advice when it granted permission for the 210 bed, 2 car park space ‘planning disaster’ in Castleknock https://www.dublinlive.ie/news/property/bradys-pub-an-bord-pleanala-18478931

 

 

  • Developer says Skibbereen convent will not become direct provision centre
    The owner of the controversial Skellig Star hotel in Cahersiveen vows his redevelopment project in the Co Cork town will consist of office space, apartments and houses https://www.businesspost.ie/companies/developer-says-skibbereen-convent-will-not-become-direct-provision-centre-f43b5a1c

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • RIAI shortlists 33 architectural projects for People’s Choice Awards – The public have until this Friday to vote on entries including a health spa, an interpretation centre and a community initiative to help alleviate social deprivation https://www.businesspost.ie/design/riai-shortlists-33-architectural-projects-for-peoples-choice-awards-b432b49e

 

 

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 * 

 

 

 

 

 

 

 

 

 

 

 

 

  • CushWake, Matterport Partner on Virtual CRE Tech Strategy https://www.connect.media/cushwake-matterport-partner-on-virtual-cre-tech-strategy/

 

 

 

 

RESIDENTIAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

  • Office suite at Grand Canal Dock on sale for €1.95m: Self-contained unit in Dublin 2 includes facilities that help reduce contact with other occupiers https://www.businesspost.ie/commercial/office-suite-at-grand-canal-dock-on-sale-for-195m-7e2131c5

 

 

 

 

 

 

 

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

 

 

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