Sunday Property Round-Up, December 29th 2019

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Irish property market news and insights – by the industry, for the industry  

 

 I hope everyone had (is having?) a great Christmas break. This is the final Sunday Property Round-Up for 2019 and, as expected, industry news was very light this week. 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: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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@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

 

 

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). Seasoned political 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

 

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

 

We will be putting together our guest and content line-up for the New Year schedule shortly, all suggestions welcome!  Email the Property Matters team at hello@iPropertyRadio.com

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

  • ‪‘Toxic opposition’ to home developments from locals delays new building, warns housing chief‬
    https://www.independent.ie/business/personal-finance/property-mortgages/toxic-opposition-to-home-developments-from-locals-delays-new-building-warns‬

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*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

 

 

  • Irish Construction Data 2020: A pilot project will be kicking off in the early new year to collect Irish construction projects data in order to build industry big data. Property District is partnering with Dr. Houssem Jerbi and the team at Smart PMO to use AI (Artificial Intelligence) to develop industry collective intelligence to improve Irish construction. The predictive data analytics will help de-risk projects through reducing delays and cost-overruns. 

 

This is an industry first for Irish construction, providing participating organisations with new, unique insights and the opportunity to benchmark individual project/organisation data against the market, essentially revealing the strengths and weaknesses of live projects and optimising projects KPIs. I will be sending an email to contractors and cost/project managers shortly, if you are interested in getting involved in this pilot project in 2020 please email carol@propertydistrict.ie

 

  • Message from Ballymore company page : ‘We have acquired the 52.6-acre Harbour Point site, the former Bray Golf Club, close to Bray town centre, Ireland. Bounded on two sides by the River Dargle and the sea the site is within walking distance of Bray train station and Dart services and has the potential to deliver 1400 new homes.’

Sean Mulryan, Chairman & Group Chief Executive of Ballymore, welcomed the announcement by saying: “At Ballymore, we believe that community spirit and a shared identity brings more value to a development than bricks and mortar. I was particularly attracted to Bray, a long-established community of young families, professionals and outdoor enthusiasts with several local schools and sports clubs nearby. Our Harbour Point development will complement and enhance these elements for the benefit of the local community”. www.ballymoregroup.com

 

 

 

 

 

 

 

PROPTECH, MMC & CONSTRUCTION INNOVATION

 

 

 

  • 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 * 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

OTHER PROPERTY NEWS

 

 

 

 

  • In the Business Post today, Aiden Corkery  follows up on a social housing story that broke several months ago: Councils owed €228m in rents and loan arrears – Local authorities are being ‘actively encouraged’ to increase collection levels of both:
    https://www.businesspost.ie/ireland/councils-owed-228m-in-rents-and-loan-arrears-623a932d

 

  • An Post targets 10% share of Irish mortgage market – Chief executive David McRedmond feels the strength of the semi-state company’s brand will help it to make inroads into the market:
    https://www.businesspost.ie/business/an-post-targets-10-share-of-irish-mortgage-market-906063df

 

  • Housing body Clúid secures tranche of 62 apartments in Cork – The deal will see families and single people on Cork City Council’s housing list offered affordable housing on the south side of the city: https://www.businesspost.ie/commercial/housing-body-cluid-secures-tranche-of-62-apartments-in-cork-d032dda0

 

 

 

 

 

  • Luxurious Luggala top of the pile in 2019 – The gorgeous Wicklow lodge, owned by the Guinness family for more than eight decades, changed hands for €25 million earlier this year:
    https://www.businesspost.ie/property-insight/luxurious-luggala-top-of-the-pile-in-2019-58ae1455

 

  • Knight Frank’s Adrian Trueick opines: Another bountiful year for commercial property sector – The sale of the St Stephen’s Green Shopping Centre to Davy for €175.5 million was undoubtedly the highest-profile retail investment of the year, but it was far from alone in being a huge deal:
    https://www.businesspost.ie/commercial/another-bountiful-year-for-commercial-property-sector-48c6015b

 

 

 

 

 

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