Weekly Irish property market news and insights – for the industry, by the industry (even at Christmas!)
Merry Christmas everyone!
Before we get stuck into the general property news of the week, which is unsurprisingly light this week, below are the local and international stories that might be of particular interest:
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Earlier this month, the Property District team was proud to partner with Construction Network Ireland to launch the inaugural *CNI Persons of Impact* initiative for 2022. After a challenging few years, this is aimed at recognising the industry leaders who are making a difference. We asked members of the industry to help us to identify the real change-makers and they didn’t let us down! Huge thanks to everyone who voted at www.personsofimpact.ie . Lorraine Brady of BAM Ireland and Michael O’Flynn of O’Flynn Group were named as *CNI Persons of Impact 2022*. Congratulations to both and to the over seven nominees 👏
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Glen Hansard calls out division over housing as Christmas Eve charity busk returns https://www.irishexaminer.com/news/arid-41035886.html
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Surging inflation framed the economic landscape in 2022 https://www.rte.ie/news/business/2022/1216/1342198-economy-review-of-2022/
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Sharp drop in housing completions expected while State targets need ‘urgent review’: Report from AIB says the viability of apartments – which make up 94% of planning permissions in Dublin – under serious threat https://www.irishtimes.com/business/2022/12/23/sharp-drop-in-housing-completions-expected-while-state-targets-need-urgent-review/
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Taoiseach orders OPW to identify land for modular housing as targets missed https://www.irishexaminer.com/news/arid-41035535.html
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Planning changes mean modular homes can be built more quickly, says Taoiseach: Varadkar admits the numbers of housing units possible is not yet clear https://www.irishtimes.com/politics/2022/12/24/planning-changes-mean-modular-homes-can-be-built-more-quickly-says-taoiseach/ Also, Taoiseach keen to see more modular homes built to tackle housing crisis https://www.breakingnews.ie/ireland/taoiseach-keen-to-see-more-modular-homes-built-to-tackle-housing-crisis-1410388.html
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Dublin property price ceilings under First Home Scheme to increase to €475,000: Maximum property price ceilings are to increase from 1 January. https://www.thejournal.ie/shared-equity-scheme-price-cap-increases-5950978-Dec2022/
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David McWilliams: Spurious planning objections amount to anti-social behaviour – we should build and build: Vast wealth divide between young and old widens with every house price rise https://www.irishtimes.com/opinion/2022/12/24/david-mcwilliams-vast-wealth-divide-between-young-and-old-widens-with-every-house-price-rise/
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Tusla spending €500,000 a week housing children in emergency placements: Cost of hotel rooms and other properties up to €1 million per child in some cases https://www.irishtimes.com/ireland/housing-planning/2022/12/19/tusla-spending-500000-a-week-housing-children-in-emergency-placements/
- ‘It’s time we stop viewing social housing as a burden on society’: Depaul CEODavid Carroll believes ending homelessness is an achievable goal, but not under the government’s current housing plan or with society’s current perceptions of social housing https://www.businesspost.ie/the-big-interview/its-time-we-stop-viewing-social-housing-as-a-burden-on-society-david-carroll/
Review of An Bord Pleanála calls for urgent ‘reset’ and measures to tackle caseload: Statutory review for Office of the Planning Regulator found ‘breakdown of trust’ in key parts of organisation https://www.irishtimes.com/ireland/housing-planning/2022/12/20/review-of-an-bord-pleanala-calls-for-urgent-reset-and-measures-to-tackle-caseload/
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Rising building costs could lead to many houses being underinsured https://www.limerickleader.ie/news/national-news/991549/rising-building-costs-could-lead-to-many-houses-being-underinsured.html
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The National Property Awards – Nominations are now open for the 2023 National Property Awards, which will take place at the InterContinental Hotel, Dublin on Thursday 9th March. Companies are invited to submit in all applicable categories… NOMINATE NOW https://www.nationalpropertyawards.ie/categories/
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Are data centres ramping up Ireland’s emissions? Niall Sargent of Noteworthy and UCD’s Dr Patrick Brodie tell Susan Daly about our latest investigation. https://www.thejournal.ie/lights-out-part4-podcast-5944649-Dec2022/
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Nama has transferred €500m to the public purse this year, with an estimated €1bn to come before it is wound up in 2025 https://m.independent.ie/business/budget/nama-transferred-half-a-billion-to-the-state-in-2022-42232494.html
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60% increase in incidents at Dunkettle area: 57 incidents were recorded last year within the Dunkettle construction site and immediate approach area, with 93 incidents recorded by the team in 2022 as of the first week of December https://www.echolive.ie/corknews/arid-4103294
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Irish Government steps in to help fund embattled American Irish Historical Society: Department of Foreign Affairs to provide $300,000 as board resigns and sale of society’s €40m New York mansion is halted https://www.irishtimes.com/culture/2022/12/20/irish-government-steps-in-to-help-fund-embattled-american-irish-historical-society/
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UK Residents in social and affordable housing are being given the chance to buy a share in their home for the first time, as applications can now be made to for the government’s Right to Shared Ownership scheme https://propertyindustryeye.com/new-scheme-to-allow-tenants-to-buy-a-share-of-their-rental-home/
If you missed last week’s round-up, you can catch up here: https://propertydistrict.ie/sunday-roundup/
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
What started as #PropertyMatters, a single 60-minute show on Dublin South FM 93.9FM every Tuesday night, has now evolved into an online station hosting the very best construction, urban planning, property and proptech radio shows and podcasts from around the world. Our new website – produced by Hear Me Roar Media – offers audiences live and recorded access to global built environment content. To have your industry podcast included in the iPropertyRadio line-up, or to contribute as a guest on any of the show on iPropertyRadio.com, email hello@ipropertyradio.com
This week on iPropertyRadio
On ‘Proptech Hot Seat’ on iPropertyRadio.com this week, we chat to Lee Odess, CEO of Access Control Executive Brief
Produced by Hear Me Roar Media https://hearmeroarmedia.com/
Watch back and listen back: https://ipropertyradio.com/proptech-hot-seat/
PLACEMAKING
OPEN PUBLIC CONSULTATIONS AND COMMUNITY ENGAGEMENT
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Ag crúthú Luach Sóisialta Trí Comhforbairt Áite (Creating Social Value Through Placemaking) 👉https://placeengage.com/ag-cruthu-luach-soisialta-tri-comhforbairt-aite/
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Digital Placemaking Tools for Public Consultation & Community Engagement | PLACEengage https://placeengage.com/digital-placemaking-tools-for-public-consultation-community-engagement/
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The best decorated homes in Dublin this Christmas and the lovely stories behind them: Dublin home owners have gone all out this Christmas with some amazing decorations on display across the capital https://www.dublinlive.ie/whats-on/gallery/best-decorated-homes-dublin-christmas-25743037
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More consultation with local communities around issues such as housing and homelessness is required to prevent far-right groups stoking up anger and division https://www.breakingnews.ie/ireland/better-consultation-vital-to-stop-far-right-taking-advantage-of-housing-crisis-1402792.html
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Win €10,000: calling for ideas to rebuild the community – ‘Hometown Architect’ is an initiative that is encouraging community groups and local architects across Ireland to team up and submit projects to improve their local town or village https://www.businesspost.ie/property/win-e10000-calling-for-ideas-to-rebuild-the-community/
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EU restoration law could impact on housing plans warns Ireland https://www.agriland.ie/farming-news/eu-restoration-law-could-impact-on-housing-plans-warns-ireland/
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‘Start Spreading the Mews’: Radical ideas to solve the housing crisis on show at the Housing Unlocked exhibition https://www.irishtimes.com/opinion/letters/2022/12/19/start-spreading-the-mews/
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The wait goes on for Cork Event Centre: It has been six long years since the sod was turned on the site of the centre. It is time to stop kicking the can down the road and finally deliver it https://www.irishexaminer.com/opinion/ourview/arid-41032151.html
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Cork community group loses Supreme court case over city flood relief works https://www.breakingnews.ie/ireland/cork-community-group-loses-supreme-court-case-over-city-flood-relief-works-1409017.html
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Online map of unused land subject to new tax will ‘discourage speculation’, says Cork city councillor: Residential Zoned Land Tax was introduced in the Finance Act 2021 https://www.echolive.ie/corknews/arid-41035193.html
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Get out of the house with Munster’s top festive walks: Blow off the cobwebs and strap on your hiking boots with Orla Neligan’s pick of Munster’s best walks, from coast to countryside https://www.irishexaminer.com/lifestyle/outdoors/arid-41032823.html
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Two new pedestrian crossings to be installed in Galway city west https://galwaybayfm.ie/galway-bay-fm-news-desk/two-new-pedestrian-crossings-to-be-installed-in-galway-city-west/
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Lengthy delays in securing planning permission from An Bord Pleanála could scupper the City Council’s social and affordable housing targets in 2023. https://connachttribune.ie/planning-delays-could-scupper-social-and-affordable-housing/amp
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As Cork flood scheme gets green light video shows what the new quays will look like: The project is moving into the next phase in 2023 https://www.corkbeo.ie/news/watch-cork-flood-scheme-gets-25828227.amp
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Minister McConalogue announces the appointment of a contractor to complete the €30m Deep-Water Quay Development in Ros an Mhíl Fishery Harbour Centre https://www.gov.ie/en/press-release/d3dc7-minister-mcconalogue-announces-the-appointment-of-a-contractor-to-complete-the-30m-deep-water-quay-development-in-ros-an-mhil-fishery-harbour-centre/
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Anger over granting of permission for biogas facility in Gort https://galwaybayfm.ie/galway-bay-fm-news-desk/anger-over-granting-of-permission-for-biogas-facility-in-gort/
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LIMERICK City and County Council have awarded the contract for the €1.25 million Patrickswell Village Renewal Scheme which is planned to get underway in mid-February 2023. https://www.limerickpost.ie/2022/12/22/e1-25-million-contract-for-limerick-village-renewal-scheme/
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Judge intends to quash part of Meath County Development Plan: Protect East Meath claim council zoned significantly more land for residential use than required https://www.irishtimes.com/crime-law/courts/2022/12/20/judge-intends-to-quash-part-of-meath-county-development-plan/
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Transport strategy published for Waterford Metropolitan Area https://www.wlrfm.com/news/transport-strategy-published-for-waterford-metropolitan-area-283028
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Permission for €70m Kildare wind farm quashed by High Court https://www.kildarenow.com/news/home/995674/permission-for-70m-kildare-wind-farm-quashed-by-high-court.html
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Planning permission lodged for works at protected Longford building https://www.shannonside.ie/news/planning-permission-lodged-for-works-at-protected-longford-building-216072
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New cycle / walking track planned for Lough Boora area https://www.offalyexpress.ie/news/midland-tribune/992972/new-cycle-walking-track-planned-for-lough-boora-area.html
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The Destruction, restoration and demolition of Desart Court: Desart Court was described as one of Ireland’s ‘most outstanding architectural triumphs’ https://www.kilkennypeople.ie/news/kilkennypeople/990133/the-destruction-restoration-and-demolition-of-desart-court.html
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Sligo home featured in photography book cataloguing the vacant buildings of Abandoned Ireland: Abandoned Ireland by Rebecca Brownlie showcases a vacant building hidden in rural County Sligo https://m.independent.ie/regionals/sligochampion/news/sligo-home-featured-in-photography-book-cataloguing-the-vacant-buildings-of-abandoned-ireland-42230926.html
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Mayo road realignment project expected to proceed to planning stage soon https://www.con-telegraph.ie/2022/12/21/mayo-road-realignment-project-expected-to-proceed-to-planning-stage-soon/
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Munster in 30 Artworks, No 30: The Way the Fairies Went, Sneem: The local priest and a group of men employed on a Fás scheme rowed in to help James Scanlon create his Slíghe na Síoga piece in the Co Kerry town https://www.irishexaminer.com/lifestyle/artsandculture/arid-41030120.html
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Kerry County Council taking applications for conservation of protected structures grants https://www.radiokerry.ie/news/kerry-county-council-taking-applications-for-conservation-of-protected-structures-grants-310853
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Watch: Hollywood star Michael Fassbender appears in Killarney school’s Christmas video: The A-list actor and singer-songwriter Paddy Casey made guest appearances in the comedy video released by St Oliver’s NS https://www.irishexaminer.com/news/munster/arid-41033822.html
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Plans for new cross-border bridge between Donegal and Tyrone could be in jeopardy https://m.independent.ie/irish-news/news/plans-for-new-cross-border-bridge-between-donegal-and-tyrone-could-be-in-jeopardy-42227817.htm
CONSTRUCTION & DEVELOPMENT NEWS
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Report on the Analysis of Skills for Residential Construction & Retrofitting, 2023 to 2030 https://www.gov.ie/en/publication/10ae6-report-on-the-analysis-of-skills-for-residential-construction-retrofitting-2023-to-2030/
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An Bord Pleanála has issued an apology for the ongoing delay in issuing planning decisions, as it says it is not meeting its statutory deadlines for decisions in a “large number” of cases: The planning body said it only had “five functioning board members” at present out of the “standard complement of 10”, which is affecting its ability to meet targets. https://www.irishexaminer.com/news/arid-41034341.html
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Rise in ‘uncommenced’ planning permissions linked to land hoarding in housing market: There were more than 42,000 apartment units with planning permission that had yet to begin in Dublin at the end of last year – report https://www.irishtimes.com/business/economy/2022/12/22/rise-in-uncommenced-planning-permissions-linked-to-land-speculation-in-housing-market/
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Local authorities falling behind on new building inspections: Figures obtained by the Business Post show that more than one in four local authorities are not on course to meet their targets https://www.businesspost.ie/news/local-authorities-falling-behind-on-new-building-inspections/
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Group allegedly stole from a site operated by construction firm under examinership https://www.breakingnews.ie/ireland/group-allegedly-stole-from-a-site-operated-by-construction-firm-under-examinership-1409130.html
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Planning application for St Stephen’s Green shopping centre declared invalid: Dublin City Council finds notices for the planning application do not comply with regulations https://www.irishtimes.com/business/2022/12/23/planning-application-for-stephens-green-shopping-centre-declared-invalid/
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Permission sought for construction of 853 homes at Oscar Traynor Road: Development by subsidiary of Glenveagh Properties includes designated public space and community amenities https://www.irishtimes.com/business/2022/12/21/permission-sought-for-construction-of-853-homes-at-oscar-traynor-road/
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Lioncor plans for Terenure apartment scheme face local opposition: Dublin City Council has now received 40 third-party submissions in response to the 208-unit development https://www.irishtimes.com/business/2022/12/21/lioncor-plans-for-terenure-apartment-scheme-face-local-opposition/
- Apartment owners at ‘defective’ Dublin complex face bills of €68,500 https://www.breakingnews.ie/ireland/apartment-owners-at-defective-dublin-complex-face-bills-of-e68500-1404316.html
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New hotel planned for Harbourmaster Pub site in Dublin’s Docklands https://www.breakingnews.ie/business/new-hotel-planned-for-harbourmaster-pub-site-in-dublins-docklands-1408072.html
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U2 buy out partner McKillen in planned Dublin visitor centre: It is almost four years since planning permission was secured for Dublin docklands venture https://www.irishtimes.com/business/2022/12/22/u2-buy-out-partner-mckillen-in-planned-dublin-visitor-centre/
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New Higher Education facility announced for Tallaght campus https://www.echo.ie/new-higher-education-facility-announced-for-tallaght-campus/
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Cork college to increase student capacity by 1,000 with new 6,660 sq m building: Higher Education Minister Simon Harris welcomed signing of €250m contract for new buildings across six college campuses https://www.irishexaminer.com/news/munster/arid-41033498.html
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103-bed aparthotel for Cork city centre gets the go-ahead https://www.irishexaminer.com/news/munster/arid-41035208.html
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New construction projects for Cork and Kerry campuses ‘will benefit South-West region’: Under the plans, MTU will see the construction a new STEM building on its Kerry campus and a learning resource centre in Cork. https://www.irishexaminer.com/news/munster/arid-41034593.html
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Mallow housing project subject to appeal after being given green light: Cork County Council had granted permission for the construction of a residential development of 96 dwelling units at the Old Course, Spaglen, Mallow, subject to conditions. https://www.echolive.ie/corknews/arid-41031947.html
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Affordable housing scheme launched on Middle Glanmire Road: The scheme consists of 27 affordable homes, comprised of five two-bedroom houses, 19 three-bed units and three four-bedroom houses. https://www.echolive.ie/corknews/arid-41033270.html
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Old Distillery pub targeted for major apartment development: Planning statement by Keystone Planning Consultancy says the application “directly seeks to address dereliction, vacancy, and underutilisation” and the scheme has been “sensitively designed” https://www.echolive.ie/corknews/arid-41031938.html
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IDA Ireland is pushing ahead with plans for a new office development at Parkmore on the edge of Galway https://connachttribune.ie/ida-pushes-on-with-plans-for-parkmore-office-development/amp/
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Spate of thefts from trade vans across Oranmore and Claregalway https://galwaybayfm.ie/galway-bay-fm-news-desk/spate-of-thefts-from-trade-vans-across-oranmore-and-claregalway/
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New Ferrybank housing development planned by Waterford Castle’s Seamus Walsh https://www.wlrfm.com/news/new-ferrybank-housing-development-planned-by-waterford-castles-seamus-walsh-283187 Also: Waterford castle owner announces 350 million investment in the South East https://www.wlrfm.com/news/waterford-castle-owner-announces-350-million-investment-in-the-south-east-283128
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Owners of the Glasson Lakehouse hotel have donated €50,000 to four local charities as part of an agreement which resulted in a nearby business owner withdrawing his planning objection to the hotel’s €10 million upgrade. https://www.westmeathindependent.ie/2022/12/23/local-charities-benefit-as-glasson-lakehouse-objection-is-withdrawn/
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Planning permission documents show logistics development is being proposed for Naas, County Kildare https://www.kildarenow.com/news/home/991582/planning-permission-documents-show-logistics-development-is-being-proposed-for-naas-county-kildare.html
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Care Property Invest Acquires Resident Care Center Under Development in Ireland https://www.marketscreener.com/amp/quote/stock/CARE-PROPERTY-INVEST-NV-S-16085385/news/Care-Property-Invest-Acquires-Resident-Care-Center-Under-Development-in-Ireland-42578664/
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Plans to extend luxurious Cashel Palace Hotel fail to get council support https://www.irishexaminer.com/news/munster/arid-41035109.html
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Contract signed for construction of new STEM building at MTU Kerry https://www.radiokerry.ie/amp/news/contract-signed-for-construction-of-new-stem-building-at-mtu-kerry-310615
- Risk of flooding among factors for price of 160k site sold for new Tralee courthouse https://www.radiokerry.ie/amp/news/risk-of-flooding-among-factors-for-price-of-160k-site-sold-for-new-tralee-courthouse-310858
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Council to decide on planning for 52-house development in Tralee early next year https://www.radiokerry.ie/news/council-to-decide-on-planning-for-52-house-development-in-tralee-early-next-year-310771
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Stepping back from your practice can be the start of an exciting new journey https://www.bdonline.co.uk/opinion/stepping-back-from-your-practice-can-be-the-start-of-an-exciting-new-journey/5120681.article
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Walls Construction, a leading Irish-owned construction company, has announced it will support Design + Construct, Ireland’s first Centre of Excellence for Architecture, Construction and Engineering (AEC) education and research from TU Dublin https://irishbuildingmagazine.ie/2022/12/20/walls-construction-announce-design-construct-donation/
PROPTECH, ESG, MMC & CONSTRUCTION INNOVATION
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Proptech Ireland is updating the database of 2022 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: *https://prop-tech.ie/register/ * and email product or service details to hello@prop-tech.ie
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The best books that venture capitalists read in 2022 https://techcrunch.com/2022/12/20/the-best-books-that-venture-capitalists-read-in-2022/
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The big PropTech trends of 2023: The world of PropTech has evolved rapidly in the past couple of years, but where will it go from here? :Different founder Mina Radhakrishnan looks at the incoming trends of 2023 https://eliteagent.com/the-big-proptech-trends-of-2023/
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Purplebricks to cut 10% of jobs in bid to become profitable by 2024 https://www.uktech.news/proptech/purplebricks-jobs-20221221
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PropTech VC Funding Fell in 2022, But the Climate Tech Market is Just Heating Up – Propmodo https://www.propmodo.com/proptech-vc-funding-fell-in-2022-but-the-climate-tech-market-is-just-heating-up/
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US Proptech in 2022: Zillow bounced back after folding its iBuyer in 2021, multiple listing services finally caught up, enterprise solutions arrived and other signs property technology approached maturity in 2022 https://www.inman.com/2022/12/21/proptech-in-2022-zillow-rebounds-ibuyers-stumble-and-mlss-grow-up/
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How This New and Innovative Technology Is Disrupting the Real Estate Industry: Here’s a breakdown of the latest technology that has significantly changed the real estate industry over the last few decades — and for the benefit of all involved. https://www.entrepreneur.com/starting-a-business/how-proptech-is-disrupting-the-real-estate-industry/438842
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Why The Real Estate Industry Lags Behind In Technology—And How To Get Ahead https://www.forbes.com/sites/forbestechcouncil/2022/12/19/why-the-real-estate-industry-lags-behind-in-technology-and-how-to-get-ahead/
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Prop-tech Homesfy Realty Opens IPO: The funds which will be raised by the company will be directed towards working capital requirements, organic growth, and general corporate purpose https://www.entrepreneur.com/en-in/news-and-trends/prop-tech-homesfy-realty-opens-ipo/441554
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Pay It Forward: “Strategy is Important, But it is All About Execution”: “I believe in making things happen, taking risks, and embracing failure. Strategy is important, but it is all about execution,” says Maureen Waters, partner at MetaProp. https://www.globest.com/2022/12/19/pay-it-forward-strategy-is-important-but-it-as-all-about-execution/
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MyTower raises $4 million to expand its property intelligence management platform: The Israeli startup’s solution aims to connect and enhance property and service management https://www.calcalistech.com/ctechnews/article/hj1nfct00o
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SaaS firm Facilio plans to increase workforce in India, bets big on energy-saving segment: Facilio is opening a new 40,000-sq ft space in Chennai. The new office has a fully automated facility management system in place https://www.moneycontrol.com/news/business/announcements/saas-firm-facilio-plans-to-increase-its-workforce-in-india-bets-big-on-energy-saving-segment-9731891.html
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Vianova builds a location data platform for shared mobility companies and cities https://techcrunch.com/2022/12/21/vianova-builds-the-location-data-platform-for-shared-mobility-companies-and-cities/
- Proptech marketing is going back to the future – RealTrends https://www.realtrends.com/articles/opinion-proptech-marketing-is-going-back-to-the-future/Property developer Gestilar’s IBuying website goes live https://aimgroup.com/2022/12/23/property-developer-gestilars-ibuying-website-goes-live/
ENERGY, CLIMATE & ENVIRONMENT
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Government launches updated Climate Action Plan accelerating ambition in reaching climate goals https://www.gov.ie/en/press-release/c2114-government-launches-updated-climate-action-plan-accelerating-ambition-in-reaching-climate-goals/
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AIB has invested €8.5m in BNRG, the Irish-based developer and operator of solar energy projects. https://businessplus.ie/news/aib-e8-5m-bnrg/
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Midlands windfarm construction starting in January https://www.leinsterexpress.ie/news/ecolive/992477/midlands-windfarm-construction-starting-in-january.html
RESIDENTIAL PROPERTY NEWS (including PRS)
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Taoiseach to meet experts in housing in the coming weeks as Govt attempt to kick-start acceleration plan – So are we heading Housing for All 2.0? https://www.thejournal.ie/housing-for-all-5951916-Dec2022/
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Purchaser of 72 Dublin homes seeks €1.1m over alleged delays: Patrizia Grand Canal SARL case stems from properties bought in 2019 at Sir John Rogerson’s Quay https://www.irishtimes.com/business/2022/12/19/purchaser-of-72-dublin-homes-seeks-11m-over-alleged-delays/
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Generation Rent turning to social media rather than rental websites to find accommodation: Shut out of the rental market, an increasing number of young people are using Instagram, Facebook and Twitter to seek out house shares with like-minded people https://www.irishtimes.com/ireland/housing-planning/2022/12/24/generation-rent-turning-to-social-media-rather-than-rental-websites-to-find-accommodation/
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Merrion Hotel looks to provide staff accommodation close to five-star property: Hotel group is looking at building accommodation for employees at the rear of a property it owns on Merrion Square https://www.irishtimes.com/business/2022/12/20/merrion-hotel-looks-to-provide-staff-accommodation-close-to-five-star-property/
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Mayo County Council launch scheme to pair buyers with vacant properties https://www.breakingnews.ie/ireland/mayo-county-council-launch-scheme-to-pair-buyers-with-vacant-properties-1407769.html
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€100,000+ owed that is “unlikely” to be recovered, yet Four who didn’t pay rent for three years get to remain in property for Christmas’ https://www.breakingnews.ie/ireland/four-who-didnt-pay-rent-for-three-years-get-to-remain-in-property-for-christmas-1408507.html
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This Victorian Sandymount home was in poor condition, but is now elegant and spacious with clever hidden storage https://www.image.ie/living/this-victorian-sandymount-home-was-in-poor-condition-but-is-now-elegant-and-spacious-with-clever-hidden-storage-653607
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Starter Homes: Four Cork homes for less than €300k. Homes for first-time buyers to consider in Glanmire, Midleton, Douglas and Kinsale https://www.irishexaminer.com/property/residential/arid-41032307.html
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Oulart man leaves Wexford house and land to charity in his will https://m.independent.ie/regionals/wexford/news/oulart-man-leaves-wexford-house-and-land-to-charity-in-his-will-42233492.html
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Estate agent warns young people of Kerry have very few options to buy houses locally https://www.radiokerry.ie/news/estate-agent-warns-young-people-of-kerry-have-very-few-options-to-buy-houses-locally-310507
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Dermot Bannon confirms return date for Room to Improve – and he’s teaming up with Julian Benson: Clebrity architect is also working on a special episode with former Dancing with the Stars judge Julian Benson for season 15 of the hit RTÉ property show https://www.rsvplive.ie/news/celebs/dermot-bannon-confirms-january-return-28783290.amp
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7 home trends that Pinterest says will be huge in 2023 – from the people that plan for the future: This isn’t an ordinary year-end trend report. This is a not-yet-trending report – a window into the future, as curated by you https://www.homesandgardens.com/interior-design/pinterest-home-trends-2023
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Year in review: top 10 houses of 2022, selected by Wallpaper* architecture editor Ellie Stathaki https://www.wallpaper.com/architecture/year-in-review-top-10-houses-of-2022
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iamsold – the year in review https://www.advertiser.ie/galway/article/133212/iamsold-the-year-in-review
- From a rockstar’s retreat to Dublin’s finest house: Revisit the 13 properties you loved most this year https://m.independent.ie/life/home-garden/from-a-rockstars-retreat-to-dublins-finest-house-revisit-the-13-properties-you-loved-most-this-year-42161217.html
- Here are the most beautiful homes to buy in Ireland for 2023: Eight fabulous Irish homes that are available to buy right now https://www.thetimes.co.uk/article/here-are-the-most-beautiful-homes-to-buy-in-ireland-for-2023-b99xvhrgd
COMMERCIAL PROPERTY NEWS
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Working from home is definitely here to stay, but what does that mean for Ireland? Some things will revert to the way they were pre-Covid, but the world of work has changed fundamentally. https://www.irishtimes.com/your-money/2022/12/22/working-from-home-is-definitely-here-to-stay/
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Tech giants ditch office space in London and Europe: Moves by Alphabet, Meta and Salesforce come as companies respond to downturn in sector’s stocks by cutting costs https://www.ft.com/content/3ef0d06e-3bf2-4dd1-9b0f-39b31aad74e7
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Goodman’s property arm makes fresh bid for office scheme on Dublin’s Nassau Street https://www.breakingnews.ie/ireland/goodmans-property-arm-makes-fresh-bid-for-office-scheme-on-dublins-nassau-street-1409280.html
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Charlestown Shopping Centre Café Unit Being Sold https://www.hospitalityireland.com/amp/restaurant/charlestown-shopping-centre-cafe-unit-being-sold-195465
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Renovation plans for popular Galway City hotel https://www.galwaydaily.com/news/renovation-plans-for-popular-galway-city-hotel/
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Two major retail names to anchor Waterford Retail Park extension https://www.wlrfm.com/news/two-major-retail-names-to-anchor-waterford-retail-park-extension-283067 Also: British retail giant B&Q is set to return to Waterford city after an eight-year absence. https://www.beat102103.com/news/huge-uk-retailer-to-return-to-waterford-after-8-year-absence-1046108
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Brazil’s 19th Hole Of Co. Tipperary Hits The Market https://www.hospitalityireland.com/amp/pub-bar-nightclub/brazils-19th-hole-of-co-tipperary-hits-the-market-195463
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Embattled French nursing group Orpea is ‘committed’ to Irish business: Scandal-hit French nursing home company runs 24 Irish facilities https://m.independent.ie/business/irish/embattled-french-nursing-group-orpea-is-committed-to-irish-business-42237138.html
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WORKPLACE INSPIRATION: Why Should Your Business Have Office Privacy Pods? https://www.autonomous.ai/ourblog/why-business-have-office-privacy-pods
INTERNATIONAL PROPERTY NEWS
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Move to the country property trend fading – Zoopla https://www.bbc.com/news/business-64052031
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London Rents Become More Affordable After Covid https://www.bloomberg.com/news/articles/2022-12-19/london-property-rental-costs-become-more-affordable-after-covid
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Historic UK estate agency completes acquisition of rival firm https://propertyindustryeye.com/historic-estate-agency-completes-acquisition-of-well-respected-firm/
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Fans of iconic Christmas film The Holiday can rent the famous cottage on Airbnb: Researchers for the film saw the original cottage before recreating it brick for a brick at a studio in London https://www.irishmirror.ie/lifestyle/homes-and-property/fans-iconic-christmas-film-holiday-28786720.amp
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Where to buy property in Almeria, Spain: Soak up the Andalusian climate and culture without the crowds — or the Costa del Sol prices https://www.thetimes.co.uk/article/where-to-buy-property-in-almeria-spain-0cx0fvzlr
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Saudi Arabia has revealed plans to build the Oxagon port and logistics hub, which would be the “world’s largest floating structure”, as part of the Neom development. https://www.dezeen.com/2022/12/21/oxagon-floating-port-city-neo
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 wanted to ensure the content remains topical and we are now 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/