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:
- This is the early warning sign of a potentially huge problem… Parts of Housing and Transport budgets could be reallocated – Officials worry the two departments may be unable to spend their full allocations, due to lockdown of the construction sector https://www.businesspost.ie/ireland/parts-of-housing-and-transport-budgets-could-be-reallocated-5bc83905
- Letters to the Editor: Use CPOs to repurpose our vacant residencies https://www.irishexaminer.com/opinion/yourview/arid-40227008.html?type=amp
- O’Brien says new bill will deliver affordable housing https://www.rte.ie/news/ireland/2021/0217/1197614-land-development-bill/ [And herein lies the problem with political opposition just for the sake of opposition… ‘Risky deal by ‘Del Boy’ O’Brien on affordable houses may seal fate on his bid to succeed Micheál Martin as Fianna Fáil leader’ https://m.independent.ie/opinion/comment/risky-deal-by-del-boy-obrien-on-affordable-houses-may-seal-fate-on-his-bid-to-succeed-martin-40112000.html]
- ‘Affordable’ must have meaning in new Land Development Bill: Housing Minister Darragh O’Brien wants to shoo away the ideologues who might slow his march towards achievement, but questions must be asked https://www.irishexaminer.com/opinion/commentanalysis/arid-40229570.html
- Editorial: Without the private sector, we build castles in the air https://www.thetimes.co.uk/article/editorial-without-the-private-sector-we-build-castles-in-the-air-zslk60bl5
- FF must return to ‘core policy’ of providing homes, colleagues tell Minister https://www.irishtimes.com/news/politics/ff-must-return-to-core-policy-of-providing-homes-colleagues-tell-minister-1.4489999?mode=amp
- TD has called on the Government to fully re-open Irish building sites and to end restrictions on people having to view houses via video links https://www.midwestradio.ie/index.php/news/45419-call-for-full-reopening-of-building-sites-and-end-to-restrictions-on-house-viewing
- Property industry can learn to use this lockdown time to innovate https://amp.independent.ie/business/commercial-property/property-industry-can-learn-to-use-this-lockdown-time-to-innovate-40104060.html
- Dublin most popular destination for firms moving business out of London – Seen & Heard: Credit unions launch debit card, first-time buyers locked out https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/media-and-marketing/dublin-most-popular-destination-for-firms-moving-business-out-of-london-1.4484485?mode=amp
- How new design patterns can enable cities and their residents to change with climate change https://theconversation.com/amp/how-new-design-patterns-can-enable-cities-and-their-residents-to-change-with-climate-change-152749
- Ulster Bank’s timeline: From backing linen merchants to Celtic Tiger builders https://www.irishtimes.com/business/financial-services/ulster-bank-s-timeline-from-backing-linen-merchants-to-celtic-tiger-builders-1.4489552?mode=amp
- Ireland round-up: €400m medical and housing project proposed for Limerick; Mixed fortunes for south Dublin fast-track schemes | The Planner https://www.theplanner.co.uk/news/ireland-round-up-%E2%82%AC400m-medical-and-housing-project-proposed-for-limerick-mixed-fortunes-for
- People Are Writing to Their Old Rental Addresses to Let Tenants Know If They’re Getting Screwed https://thebolditalic.com/people-are-writing-to-their-old-rental-addresses-to-let-tenants-know-theyre-getting-screwed-f8e2b27dcba1?gi=93a4316ddc0b
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.
On Property Matters this week, we are joined by Graham Murray, Regional Director at Sherry Fitzgerald; Craig Mulcahy, CEO of ConstructionBOS; and James Morris-Manuel, Managing Director and Vice President of Europe, Middle East and Africa at Matterport”
Watch part 1:
Watch part 2:
Watch part 3:
Produced by Katie Tallon of Hear Me Roar Media.
*Listen back to all shows at: https://ipropertyradio.com/property-matters/
Email the Property Matters team at hello@iPropertyRadio.com
PLACEMAKING
PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT
- There is no ‘level playing field’ between residents and developers https://www.echo.ie/tallaght/article/there-is-no-level-playing-field-between-residents-and-developers
- Let public land be for social and affordable housing – Central Mental Hospital site should have been given to a body like Ó Cualann https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/opinion/breda-o-brien-let-public-land-be-for-social-and-affordable-housing-1.4489717?mode=amp
- Legal action taken against Sandymount cycle path https://www.irishtimes.com/news/environment/legal-action-taken-against-sandymount-cycle-path-1.4488698?mode=amp
- A clause in my deeds waives my right to object to further development in my estate https://www.irishtimes.com/life-and-style/homes-and-property/a-clause-in-my-deeds-waives-my-right-to-object-to-further-development-in-my-estate-1.4483127?mode=amp
- Residents oppose plan for 32 apartments on north Dublin site https://www.irishtimes.com/news/crime-and-law/courts/high-court/residents-oppose-plan-for-32-apartments-on-north-dublin-site-1.4485475?mode=amp
- Cork remains in top 30 European cities for quality of living https://www.corkbeo.ie/news/cork-remains-top-30-european-19836726
- First major Cork greenway could lure 250,000 visitors a year – council chief https://www.irishtimes.com/news/ireland/irish-news/first-major-cork-greenway-could-lure-250-000-visitors-a-year-council-chief-1.4484816?mode=amp
- Work to start on major upgrade of Cork City greenway https://www.irishexaminer.com/news/munster/arid-40230674.html
- Plans progress for Ireland’s largest linear park at Cork’s Marina: Next phase will include new footpaths and bridges, sunken lawns and a red steel pavilion to replicate the former Central Hall of the former Munster Showgrounds. https://www.irishexaminer.com/property/developmentconstruction/arid-40229888.html?type=amp
- New plan could be ‘game changer’ for Greenway https://m.independent.ie/regionals/wicklowpeople/news/new-plan-could-be-game-changer-for-greenway-40099694.html
- Western Rail Trail welcomes Irish Rail CEO’s comments on greenways – Galway Daily https://www.galwaydaily.com/news/western-rail-trail-welcomes-irish-rail-ceos-comments-on-greenways/
- Longford people urged to participate in Local Authority Development Plan Reviews https://www.longfordleader.ie/news/national/610209/longford-people-urged-to-participate-in-local-authority-development-plan-reviews.html
- Plan for River Shannon greenway | Nenagh Guardian https://www.nenaghguardian.ie/2021/02/15/plan-for-river-shannon-greenway/
- Plans for a Business Hub in Clones – Northern Sound https://www.northernsound.ie/plans-business-hub-clones/
*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
- An Bord Pleanála criticised for delay in online planning system – System still not in place, five years after Government housing strategy pledge https://www.irishtimes.com/news/politics/an-bord-plean%C3%A1la-criticised-for-delay-in-online-planning-system-1.4490024?mode=amp
- The Government’s deadline of a March 5 return for construction looks set to be missed by up to a month https://www.irishexaminer.com/news/politics/arid-40228661.html?type=amp But… ‘Nothing set in stone’ on restrictions – Taoiseach https://amp.rte.ie/amp/1198040/
- Building the nation: Construction projects round-up – The Construction Information Service’s survey of upcoming residential and commercial developments across the country https://www.businesspost.ie/commercial/building-the-nation-construction-projects-round-up-1ab43919
- Covid-19: Builders asked to limit work to avoid delayed reopening: Industry group says builders adhering to rules except for essential and exempted work https://www.irishtimes.com/news/health/covid-19-builders-asked-to-limit-work-to-avoid-delayed-reopening-1.4484762?mode=amp
- Shared equity housing scheme could fuel construction in ‘wrong areas’, says ESRI: Think-tank tells an Oireachtas committee that the proposed Affordable Housing Bill could cause house prices to rise https://www.businesspost.ie/houses/shared-equity-housing-scheme-could-fuel-construction-in-wrong-areas-says-esri-e8c44aa3
- Time to give the property sector something to build on: Demand for housing remains as strong as ever, but Covid-19 restrictions on construction are having a damaging effect on supply https://www.businesspost.ie/property-insight/time-to-give-the-property-sector-something-to-build-on-16693b2c
- Attorney General urges Supreme Court to overturn building pay rates finding – Case focuses on sectoral employment order for electricians made by minister in 2019 https://www.irishtimes.com/business/construction/attorney-general-urges-supreme-court-to-overturn-building-pay-rates-finding-1.4485551?mode=amp
- Apprentices, not masters: ‘As I come close to retirement, it saddens me to see the age profile of workers on Irish construction sites today. The country is in danger of losing a skill set that was built up over generations.’ https://amp.independent.ie/opinion/letters/apprentices-not-masters-40114330.html
- Galway TD tells Dáil boom times getting ‘boomier’ for developers and banks – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/galway-td-tells-dail-boom-times-getting-boomier-for-developers-and-banks/
- Irish Examiner view: Find a better way for student living https://www.irishexaminer.com/opinion/ourview/arid-40226990.html
- Country overview: Ireland’s development slate dominated by Dublin – According to the TOPHOTELPROJECTS construction database, 81 hotel schemes are currently on the cards across the Emerald Isle, with Dublin accounting for three-quarters of the total. https://tophotel.news/country-overview-irelands-development-slate-dominated-by-dublin-infographic/
- Six of the best in bid to deliver new Dublin HQ for KPMG – ‘Big Four’ accounting and advisory giant seeks space for 2,500 workers in the city https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/commercial-property/six-of-the-best-in-bid-to-deliver-new-dublin-hq-for-kpmg-1.4486605?mode=amp
- Plan to convert Georgian House Museum to deluxe housing refused https://www.irishtimes.com/news/ireland/irish-news/plan-to-convert-georgian-house-museum-to-deluxe-housing-refused-1.4490845?mode=amp
- Developer expresses ‘serious concerns’ over move to protect former Player Wills factory in Dublin: Hines plans to redevelop the site to build 492 apartments and 240 co-living beds. https://www.thejournal.ie/developer-expresses-serious-concerns-over-plans-to-protect-former-player-wills-factory-in-dublin-5357031-Feb2021/
- Swords councillors have called for a judicial review over the decision by An Bord Pleanála to grant planning permission to MKN Property Group for an apartment complex at Fosterstown, Swords https://m.independent.ie/regionals/fingalindependent/news/councillors-ask-for-judicial-review-over-green-light-for-apartments-40093978.html
- Developers Pat Ryan and Phil Monahan have failed in an appeal against a High Court decision giving a receiver the go ahead to sell the last substantial commercial property site on Dublin’s south city quays: https://www.breakingnews.ie/business/developers-fail-to-halt-sale-of-last-big-commercial-site-on-dublins-south-quays-1082798.html
- Monkstown apartments denied permission by Pleanála https://www.irishtimes.com/business/construction/monkstown-apartments-denied-permission-by-plean%C3%A1la-1.4485692?mode=amp
- Concern over bats’ welfare cited by group opposed to plans for 18 apartments in Dublin https://www.thejournal.ie/high-court-bats-north-circular-road-apartments-5355184-Feb2021/
- Apartments To Replace Quinn’s Of Drumcondra https://www.fm104.ie/news/fm104-news/apartments-to-replace-quinns-of-drumcondra/
- Developer appeals against Dublin council’s refusal to allow ‘substandard’ flats https://www.thetimes.co.uk/article/developer-appeals-against-dublin-councils-refusal-to-allow-substandard-flats-nct7xl8xs
- Appeal lodged over nine storey office block in Dublin https://www.rte.ie/news/regional/2021/0217/1197773-dublin-planning-row/
- Development firm lobbies TDs over rezoning 225 acres near Citywest Hotel – Tetrarch Capital hopes to secure one of the largest land rezonings in Dublin in years for a major housing development https://www.businesspost.ie/houses/development-firm-lobbies-tds-over-rezoning-225-acres-near-citywest-hotel-fb1b64c8
- Permission granted for new housing development in the centre of Ballincollig https://www.irishexaminer.com/property/developmentconstruction/arid-40228454.html
- Vacant building in Mahon could be set for a new lease of life https://www.echolive.ie/corknews/arid-40228628.html
- Limerick hotel to purchase derelict properties https://www.limerickleader.ie/news/home/610883/limerick-hotel-to-purchase-derelict-properties.html
- 70-acre Limerick holding boasts ‘truly superb land’ https://www.irishexaminer.com/farming/arid-40229459.html
- An Bord Pleanála backs plan for new Lidl store at Western Distributor Road – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/an-bord-pleanala-backs-plan-for-new-lidl-store-at-western-distributor-road/
- Green light for 254 bed Headford Road student accommodation – Galway Daily https://www.galwaydaily.com/news/housing/green-light-for-254-bed-headford-road-student-accommodation/
- New tech hub in Galway City centre gets green light https://connachttribune.ie/new-tech-hub-in-galway-city-centre-gets-green-light/
- Plans in the works for 102 homes in Rosshill – Galway Daily https://www.galwaydaily.com/news/housing/plans-in-the-works-for-102-homes-in-rosshill/
- New modular outpatient department to open at Portiuncula next month – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/new-modular-outpatient-department-to-open-at-portiuncula-next-month/
- Planning blow as multi-million euro Athlone project refused |https://www.westmeathindependent.ie/2021/02/17/planning-blow-as-multi-million-euro-athlone-project-refused/
- Plans revealed for gym with small café in Blessington https://www.leinsterleader.ie/news/home/610309/plans-revealed-for-gym-with-small-cafe-in-blessington.html
- Ten new homes get go ahead in Rathangan https://www.kildarenow.com/news/home/610882/ten-new-homes-get-go-ahead-in-rathangan.html
- Apartments plan for former Mayo cap factory: A LANDMARK property in the heart of Westport town looks set to get a new lease of life. https://www.con-telegraph.ie/2021/02/16/apartments-plan-for-former-mayo-cap-factory/
- Gardaí dealing with regular reports of construction activity in Kerry | BreakingNews.ie https://www.breakingnews.ie/amp/ireland/gardai-dealing-with-regular-reports-of-construction-activity-in-kerry-1080934.html
- An Bord Pleanála refuses permission for Tralee houses | Radio Kerry https://www.radiokerry.ie/bord-pleanala-refuses-permission-tralee-houses/
- Watchdog criticises plans to rezone land prone to flooding in several towns on Dingle peninsula – It also expressed concern that the council had failed to carry out proper flood risk assessment of other proposed rezoning of sites https://www.thejournal.ie/plans-to-rezone-land-prone-to-flooding-dingle-peninsula-5356968-Feb2021/?amp=1
- Kingspan outlines Grenfell measures after ‘unacceptable’ conduct https://www.irishtimes.com/business/manufacturing/kingspan-outlines-grenfell-measures-after-unacceptable-conduct-1.4489404?mode=amp
- Pre-tax profits at data centre builder Ardmac, headquartered in Dublin, increased 75pc to €6.175m in 2019 after a number of the firm’s sectors continued to deliver “robustly”. https://amp.independent.ie/business/irish/ardmacs-profits-soar-to-more-than-6m-after-robust-performance-40091341.html
- Why pitch construction was as much a vocation as a job for Joe Pat Prunty: Joe Pat Prunty, who died recently, was the veteran owner of Prunty Pitches, the company he literally built with his two hands out of mud and soil over 50 years ago https://www.irishexaminer.com/sport/gaa/arid-40226690.html?type=amp
- Coffey Construction Ireland is set to start work building a new reservoir to safeguard supplies for the Greater Dublin area. https://www.theconstructionindex.co.uk/news/view/dublin-to-get-a-new-reservoir?amp=1
- Alan Lawless appointed Purcell Construction Director https://www.irishbuildingmagazine.ie/2021/02/15/alan-lawless-appointed-purcell-construction-director/
- JJ Rhatigan inks deal for 2,000–home scheme worth £500m https://www.constructionnews.co.uk/buildings/jj-rhatigan-inks-deal-for-2000-home-scheme-worth-500m-15-02-2021/
- Sisk builds sustainability team with senior appointment https://www.johnsiskandson.com/news/sisk-builds-sustainability-team-with-senior-appointment
PROPTECH, MMC & CONSTRUCTION INNOVATION
- Proptech Ireland is updating the database of 2021 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 *
- CIM, an Australian-based, Irish-owned building analytics software company, has announced plans to add a further 85 people to its team in Ireland: https://amp.independent.ie/business/technology/sydney-based-cim-to-hire-85-more-staff-here-40109268.html
- GoContractor announces Series A financing with $5 million investment https://www.prnewswire.com/news-releases/gocontractor-announces-series-a-financing-with-5-million-investment-301229242.html
- An Irish-Estonian housing partnership seeks to solve the housing crisis in Ireland https://estonianworld.com/business/an-irish-estonian-housing-partnership-seeks-to-solve-the-housing-crisis-in-ireland/
- PropTech firm integrates Google Maps and Street View into virtual viewings https://propertyindustryeye.com/proptech-firm-integrates-google-maps-and-street-view-into-virtual-viewings-platform/
- Interactive maps point the way to new broadband networks: High-tech mapping backed by cloud services is driving Ireland’s next step in broadband connectivity https://www.businesspost.ie/commercial-reports/interactive-maps-point-the-way-to-new-broadband-networks-ab2ff581
- Venture Capital and Private Equity Funds trends for 2021 https://irishtechnews.ie/venture-capital-private-equity-funds-trends-2021/
- Inside Innovation: Despite growth projections, BIM and digital twinning face adoption challenges among SMEs – constructconnect.com https://canada.constructconnect.com/dcn/news/technology/2021/02/inside-innovation-despite-growth-projections-bim-and-digital-twinning-face-adoption-challenges-among-smes
- How Is Digital Adoption Helping To Improve Fire Safety In Construction? https://www.thebigredguide.com/amp/insights/digital-adoption-improve-fire-safety-construction.1613658614.html
- Zillow’s 3D Home app can now use AI to guess the size of your house – Let a computer draw the floor plan for your homehttps://www.theverge.com/2021/2/17/22287644/zillow-3d-home-app-ai-floor-plans-predict-dimensions
- Proptech startup Knock secures $20M to grow SaaS platform for property managers – TechCrunch https://techcrunch.com/2021/02/18/proptech-startup-knock-raises-20m-to-grow-saas-platform-for-property-managers/amp/
- 5 Proptech Companies Crowdfunding on Republic https://www.fool.com/millionacres/real-estate-investing/articles/5-proptech-companies-crowdfunding-on-republic/
- Offsite construction, safety, and a global pandemic https://www.pbctoday.co.uk/news/mmc-news/modular-offsite-build/89028/
- Proptech catches SPAC bug https://placetech.net/news/proptech-catches-spac-bug/
- Tracking Real Estate Proptech SPAC IPOs https://therealdeal.com/2021/02/19/the-definitive-real-estate-spac-tracker/
RESIDENTIAL PROPERTY NEWS (including PRS)
- City buyers may be priced out of shared equity plan that only covers new-builds: Including second-hand homes in the affordable purchase scheme would allow it to capture people who really need it https://www.thetimes.co.uk/article/market-watch-city-buyers-may-be-priced-out-of-shared-equity-plan-that-only-covers-new-builds-6z6dvlbwf
- A romantic steal: The Tipperary castle bought by a man imprisoned for the attempted abduction of his beloved https://m.independent.ie/life/home-garden/a-romantic-steal-the-tipperary-castle-bought-by-a-man-imprisoned-for-the-attempted-abduction-of-his-beloved-40106852.html
- Government’s affordable housing plan would raise house prices – ESRI https://amp.independent.ie/news/governments-affordable-housing-plan-would-raise-house-prices-esri-40094936.html
- TDs deny they tried to ‘pressure’ ESRI to withdraw criticism of Affordable Housing Bill https://www.irishexaminer.com/news/politics/arid-40227935.html
- Number of homes for sale now at lowest level in over a decade https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/economy/number-of-homes-for-sale-now-at-lowest-level-in-over-a-decade-1.4486679?mode=amp
- Call to use empty units for housing https://amp.independent.ie/business/personal-finance/property-mortgages/call-to-use-empty-units-for-housing-40114200.html
- Thousands of new-build apartments to be snapped up by international funds | Newstalk https://www.newstalk.com/news/thousands-of-new-build-apartments-to-be-snapped-up-by-international-investment-funds-lorcan-sirr-1150475
- The faceless funds behind Ireland’s surging buy-to-rent sector https://www.irishtimes.com/business/commercial-property/the-faceless-funds-behind-ireland-s-surging-buy-to-rent-sector-1.4488882?mode=amp
- State’s biggest landlord increased revenue by 20% last year https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/commercial-property/state-s-biggest-landlord-increased-revenue-by-20-last-year-1.4489413?mode=amp
- Principal Real Estate acquires Irish social housing portfolio for EUR20 million https://www.propertyfundsworld.com/2021/02/17/296048/principal-real-estate-acquires-irish-social-housing-portfolio-eur20-million (The Irish Social Housing Fund (ISHF) and New Beginning have sold 55 social housing homes in Dublin for just over €20m to UK-based Principal Real Estate https://amp.independent.ie/business/personal-finance/property-mortgages/new-beginning-fund-sells-55-social-homes-for-over-22m-40103940.html )
- Retrofitting Programme for Social Housing announced https://www.gov.ie/en/press-release/8083d-retrofitting-programme-for-social-housing-announced/
- Avant to build on Irish mortgage coup: Chris Paul is ready to become a catalyst for change in the Irish financial services sector https://amp.independent.ie/business/irish/interview-avant-to-build-on-irish-mortgage-coup-40109274.html
- Newton Emerson: Shared equity no use in NI and will not work in Republic https://www.irishtimes.com/opinion/newton-emerson-shared-equity-no-use-in-ni-and-will-not-work-in-republic-1.4487613?mode=amp
- Rent rises outside Dublin boosted gross yields to double-digit levels in 2020: Lowest regional yields on one-bedroom apartments are 9.3 per cent in Galway city and Co Waterford, with the highest 12.6 per cent in Co Roscommon https://www.businesspost.ie/commercial/rent-rises-outside-dublin-boosted-gross-yields-to-double-digit-levels-in-2020-81a4b0af
- Limerick house prices likely to surge in 2021 amid supply shortage https://www.limerickleader.ie/news/home/609739/limerick-house-prices-likely-to-surge-in-2021-amid-supply-shortage.html
- Multiple objections against ‘acquisition’ of ghost estate in Limerick town https://www.limerickleader.ie/news/home/610810/multiple-objections-against-acquisition-of-ghost-estate-in-limerick-town.html
- Cork senator: Airbnb ‘running amok’ during level 5 restrictions https://www.irishexaminer.com/news/arid-40227137.html?type=amp
- Why demand is surging for West Cork homes https://www.irishexaminer.com/property/residential/arid-40224797.html
- Tapping both Airbnb income and rent-a-room relief https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/personal-finance/tapping-both-airbnb-income-and-rent-a-room-relief-1.4485554?mode=amp
- How to choose and buy the perfect apartment in Ireland https://www.irishtimes.com/life-and-style/homes-and-property/how-to-choose-and-buy-the-perfect-apartment-in-ireland-1.4486553?mode=amp
- Galway estate agent holds its first online auction of 2021 – O’Donnellan & Joyce’s upcoming sale is led by a pair of four-bedroom houses https://www.businesspost.ie/commercial/galway-estate-agent-holds-its-first-online-auction-of-2021-c8f6745a
COMMERCIAL PROPERTY NEWS
- Long-term investors have already decided on the future of the office https://www.irishtimes.com/business/commercial-property/long-term-investors-have-already-decided-on-the-future-of-the-office-1.4486525?mode=amp
- Makhlouf questions extent of bricks-and-mortar retail post-Covid https://www.irishtimes.com/business/economy/makhlouf-questions-extent-of-bricks-and-mortar-retail-post-covid-1.4486398?mode=amp
- Ireland faces severe lack of nursing home beds within a decade – Rate of new developments is significantly off the pace required to serve the country’s growing elderly population, property industry experts warn https://www.businesspost.ie/health/ireland-faces-severe-lack-of-nursing-home-beds-within-a-decade-233e6148
- Aedifica sets foot in Ireland https://www.property-magazine.eu/aedifica-sets-foot-in-ireland-57043.html Also, Belgian group buys Cork care home in €25m deal https://amp.independent.ie/business/irish/belgian-group-buys-cork-care-home-in-25m-deal-40109252.html
- Commercial Rates Waiver Further Extended In Budget 2021 – Coronavirus (COVID-19) – Ireland https://www.mondaq.com/ireland/government-measures/1036176/commercial-rates-waiver-further-extended-in-budget-2021
- Virtual meeting sought on €10m overpayment for State-occupied building https://www.irishexaminer.com/news/arid-40227383.html
- The office may not be for everyone but it’s essential for society https://www.irishtimes.com/business/commercial-property/the-office-may-not-be-for-everyone-but-it-s-essential-for-society-1.4483227?mode=amp
- All can win in a new workspace https://amp.independent.ie/business/in-the-workplace/all-can-win-in-a-new-workspace-40109298.html
- Grade A offices in Ranelagh village guiding at €32.50 per sq ft: First floor at Westmoreland House available by way of flexible subletting or assignment https://www.irishtimes.com/business/commercial-property/grade-a-offices-in-ranelagh-village-guiding-at-32-50-per-sq-ft-1.4484518?mode=amp
- Landmark pub for sale in Tipperary https://www.tipperarylive.ie/news/news/611329/landmark-pub-for-sale-in-tipperary.html
- Closed supermarket in Limerick village bought for €1m and reopened https://www.limerickleader.ie/news/home/610811/closed-supermarket-in-limerick-village-bought-for-1m-and-reopened.html
INTERNATIONAL PROPERTY NEWS
- US-based Kerry developer in legal battle over employee benefit funds https://www.irishexaminer.com/news/arid-40230347.html?type=amp
- Gallery of The 15 Winners of the Building of the Year Awards – 31 https://www.archdaily.com/957195/the-15-winners-of-the-building-of-the-year-awards/602e72a0f91c813352000048-the-15-winners-of-the-building-of-the-year-awards-image?next_project=no
- BAM to grow UK business despite construction arm loss https://www.constructionenquirer.com/2021/02/18/bam-to-grow-uk-business-despite-construction-arm-loss/
- Spanish property sales see biggest fall in a decade https://www.thelocal.es/20210216/spanish-property-sales-see-biggest-fall-in-a-decade Also: Spain is a buyer’s market. Here’s where to buy property in 2021 https://www.thetimes.co.uk/article/spain-is-a-buyers-market-heres-where-to-buy-property-in-2021-pkm6fk7fm
FACEBOOK GROUP FOR IRISH PROPERTY BUYERS & INVESTORS
Crowd-sourcing answers topical property questions:
Irish Property Buyers Handbook annuals
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/