Sunday Property Round-Up: April 21st 2019

 

 

If you missed last week’s round-up, you can catch up here: https://propertydistrict.ie/category/sunday-property-review/

 

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

 

 

 

 

 

 

  • UK perspective: The Government won’t listen, but you can’t help Generation Rent by hurting landlords
    https://www.telegraph.co.uk/money/consumer-affairs/government-wont-listen-canthelp-generation-rent-hurting-landlords/amp/

 

 

As always, you might let me know if I have missed out on any relevant property news by emailing  carol@caroltallon.com.

 

(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

#PropertyMatters 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 (@iPropertyRadio). Seasoned political journalist and broadcaster, Bryan Fox, and I (Carol Tallon) team up to deliver 60 minutes of industry chat with guests from the areas of planning, construction, property and proptech. Produced by Katie Tallon of Hear Me Roar Media.

 

Gavin Gallagher of Proptech. TV took on Bryan’s hosting duties this week and we were joined in studio by the head of the Irish Housing Agency, John O’Connor; Director of Property Industry Ireland (PII),  Dr. David Duffy and Mihai Penica of pioneering Irish proptech Standard Access.

 

Listen back to this episode here:

https://anchor.fm/ipropertyradio/episodes/Property-Matters–April-16th-2019-e3pi85

 

*Listen back to all #PropertyMatters episodes here: https://anchor.fm/ipropertyradio

 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

PLACEMAKING

Public Consultation and Community Engagement

 

 

 

 

 

*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*

 

http:/https://youtu.be/rdwwKy4MA_4

 

 

Other Property News

 

  • The lead story in the Business section of the Sunday Independent today reports that  ‘Block-buying to hit record as investors snap up developments: Funds spend 430m euro for more than 1,000 homes in three months amid crisis’. Ires Reit has apparently been the largest block-buyer in Dublin so far this year.

 

  • Michael Cogley reports that Philip Lane’s “swansong could hit cost of mortgages”, as he calls for measures that would force the banks to hold more capital.  

 

  • Also in the Independent today, Dan White writes about the decision to offer Green Reit for sale: “The move by property veterans Stephen Vernon and Pat Gunne to sell Green Reit has led to speculation they’re calling the top” of the market.

 

  • In The Sunday Times, Gavin Daly reports that Kennedy Wilson is “advancing plans” to develop a further 268 apartments at The Grange in Stillorgan for the rental market.

 

  • There is a feature on Green Reit (same story as above in the Independent and below in The Sunday Business Post) on page 5 of the Money section of the Times today.

 

  • The lead story in The Sunday Business Post today: Leaked files reveal fresh children’s hospital warnings:
    “The National Children’s Hospital project is facing a risk of further cost claims from contractors, a scarcity of construction workers and staff resignations, leaked government documents reveal”

 

  • Also in the SBP – Calling the top of the market: Is the Green Reit sale a red flag for the market? “The biggest property investment company has called it a day. Do its bosses know something we don’t?”

 

 

 

 

 

 

 

  • 71 households apply for lead pipe replacement grant https://www.rte.ie/amp/1042771/

 

 

 

 

 

 

 

  • Huge skills shortage in construction industry
    https://www.kildarenow.com/news/huge-skills-shortage-construction-industry/275553 https://www.kildarenow.com/news/huge-skills-shortage-construction-industry/275553

 

  • New RICS guidelines for UK commercial landlords now in place – PropertyWire https://www.propertywire.com/news/uk/new-rics-guidelines-for-commercial-landlords-now-in-place/

 

 

Agile Agent – Digital Transformation for Independent Estate Agents

 

 

To get involved and for free Proptech Prompts, please

SIGN UP HERE

Proptech and Construction Innovation

 

 

 

 

 

 

 

 

  • Silicon Valley’s Next Target: Disrupt the Construction and Real Estate Industries https://www.inc.com/soren-kaplan/silicon-valleys-next-target-disrupt-construction-real-estate-industries.html

 

 

 

  • Airbnb Leads $160 Million Investment Into Hospitality Startup Lyric https://www.forbes.com/sites/samanthasharf/2019/04/17/airbnb-leads-160-million-investment-into-hospitality-startup-lyric/amp/

 

  • Venture Capital for the 99%: Fewer than 10% of leadership roles in venture capital are held by women, and only 2.2% of VC funding went to female-founded companies in 2018
    http://fortune.com/worlds-greatest-leaders/venture-capital-for-the-99-33/

 

 

 

 

 

 

  • Lightstone launches $300M platform to buy proptech, telecom assets | Real Estate Weekly https://rew-online.com/2019/04/lightstone-launches-300m-platform-to-buy-proptech-telecom-assets/

 

 

  • Finally… Group of White Men in Patagonia Vests Confused for VC Fund, Raise $500 Million #ffs http://amp.timeinc.net/fortune/2017/09/29/group-of-white-men-in-patagonia-vests-confused-for-vc-fund-raise-500-million?__twitter_impression=true

 

 

New 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 will now appear as part of The Property Insider series, published by Oak Tree Press, the first three titles are now published and available here.

 

From 2019, 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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