Sunday Property Round-Up: February 24th, 2019

Good afternoon folks, if you missed last week’s Sunday Property Round-Up, which was full of industry and tech/innovation news, you can catch up here: https://propertydistrict.ie/category/sunday-property-review/

 

The Sunday Independent is the broadsheet of choice today with above-average property coverage and many insightful columns from a range of industry contributors. If your interest is more towards innovation, technology or proptech, then The Sunday Business Post is your pick of the day as today’s edition includes Ireland’s 100 Hot Start-ups for 2019 (you might see a familiar face in there with PLACEengage!).

 

Before we get started, I just want to draw your attention to two news items that might be of particular interest:

 

  • SA millennials, also known as Generation Rent, spend 24% of salaries on rent (40% in the bigger cities). New proptech startup Flow is a mobile app that will reward tenants for good behaviour and if they are “fully in Flow, they can get up to 20% of their rent back.”

– BizNews.com https://www.biznews.com/good-hope-project/2019/02/18/flow-rent-back-good-tenants

 

 

  • Precht’s The Farmhouse concept combines modular homes with vertical farms (pictured above)  https://www.dezeen.com/2019/02/22/precht-farmhouse-modular-vertical-farms/

 

 

 

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 Tuesdays 6-7pm

Ireland’s first weekly property radio show, Property Matters, launched last month 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 and property.

This week we had a special planning episode in advance of the Urban Development Conference and guests in studio included planning and development experts Robert Colleran, property consultant, and Dr. William Hynes of Future Analytics Consulting.

 

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

 

Also, huge thanks to Eithne Dodd of The Sunday Business Post for the great coverage of the show in today’s edition.

 

PLACEMAKING

 Public Consultation and Community Engagement

 

Earlier this week I had the great privilege of chairing the Urban Development Conference 2019. There was a great line-up of speakers who all presented a range of ideas and proposed solutions to the challenges that population growth presents, in both urban and rural settings. The conference was a crossover of planning, property development and implementation of emerging technologies/smart city solutions. I intend to put together a summary of the points raised, both from the speakers and from the floor, and I will share the learning online.

 

 

  • In her Sunday Times column today, Brenda Power writes that “Nimbies [NIMBYs] deserve the whole nine yards of our contempt for them”. She is referring to the locals residents and businesses in Ranelagh who vehemently opposed the MetroLink proposals. The columnist sums it up nicely by saying “Nimbyism isn’t only geographical, it’s ideological, and its most indignant practitioners defend their own back yards without a care for the grief and expense they dump on others. Just like disruptive roadworks and unlovely new estates, these inconveniences are always far more tolerable when visited on somebody else”.

 

 

 

 

 

 

*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*

 

 

 

 

 

Other Property News

  • According to an article in The Sunday Times, today, Louis Fitzgerald has reportedly made an approach to acquire Bruxelles from current owner, David Egan. Watch this space…

 

  • In the same newspaper, Philip Connolly reports that Staycity has set up its own property development vehicle. The operator currently has more than 2,000 units and has plans to launch a further 5,000 over the next three years.

 

  • Eithne Dunne has an interesting feature in the Money section on upgrading your home for maximum energy efficiency and cost efficiency – this is definitely worth a read if you are considering an upgrade.

 

  • Ray Colyle, owner of Tayto Park has won approval for a 24 million euro/35-megawatt solar farm on 56.8 hectares that will be capable of hosting up to 127,250 solar panels.

 

  • The lead story in the Sunday Independent today is ‘Property Revolution; this collection of analysis, reports and opinion pieces makes for a genuinely excellent industry read today. One of the themes is on downsizing and a range of measures is discussed, from incentivising older people, to planning for private, purpose-built accommodation suitable for the elderly. The information comes from a report, which has not yet been published, called ‘Housing for Older People’. In the same section, there is a long-form interview with John Moran, chair of the Land Development Agency.

 

  • In the business section of the Independent today, Fearghal O’Connor reports that Kingspan 10 million euro global innovation hub is to create 100 high-end jobs.

 

 

  • In the same section, John Reynolds reports that Laing O’Rourke plans to ‘cut down on competitive [low/fixed cost?] tendering and aim for higher gross profit margins of between 5ps and 10pc’.

 

  • ‘Not-for-profit housebuilder Tuath [Housing] spent more than 161m euro providing new homes in Ireland last year’ according to an article in the Sunday Independent by Michael Cogley, quoting Tuath Housing chief executivbe Sean O’Conor. The AHB now has more than 4,400 homes under management across Ireland, which is made possible by working directly with local authorities nationwide, and plans to deliver a further 1,000 homes in 2019.

 

 

  • Also, in the construction space, Sisk director Pat Lucey warns that ‘building delays will undermine economy’, in an interview with Feargal O’Connor.

 

 

 

 

 

  • Loan scheme for first-time buyers may be extended

https://www.kildarenow.com/news/loan-scheme-first-time-buyers-may-extended-td/268823 https://www.kildarenow.com/news/loan-scheme-first-time-buyers-may-extended-td/268823

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Market report: US giant homes in on Savills as target https://www.telegraph.co.uk/business/2019/02/13/market-reportus-giant-homes-savills-target/amp/

 

 

 

Agile Agent – Digital Transformation for Independent Estate Agents

 

Q2 Programme updates here:

 

 

To get involved and for free Proptech Prompts, please

SIGN UP HERE

 

 

 

Proptech and Construction Innovation

 

 

 

 

  • Delighted to see two proptechs in The Sunday Business Post/Enterprise Ireland 100 Hot Start-ups for 2019 (pictured above) – PLACEengage and Popertee!

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • 5 Perspectives for Digital Transformation to Look for in 2019 : ‘Digital transformation can now mark the difference between success and failure ‘ https://www.globalrealestateexperts.com/2019/02/perspectives-digital-transformation-real-estate-2019/?utm_source=blog&utm_medium=linkedin&utm_campaign=digitaltransformation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Crowd-sourcing:   New Facebook Group for Irish Property Buyers & Investors

 

As many of you might know, my annual property book The Irish Property Buyers’ Handbook (since 2011) was rebranded for 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.

For the first time, the 2019 edits will be crowd-sourced and will include 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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