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: 

 

• Comment: Innovative approach needed to tackle housing crisis – Policymakers must remove barriers for first-time buyers, increase housing supply and invest in the rental market https://www.businesspost.ie/houses/comment-innovative-approach-needed-to-tackle-housing-crisis-fe062818

 

• Legal fees paid by An Bord Pleanála double to €4.1 million: Legal costs escalated after a jump in legal challenges to planning decisions approved by the national planning authority https://www.businesspost.ie/houses/legal-fees-paid-by-an-bord-pleanala-double-to-eur41-million-a517da8f

 

• Michael Clifford: More houses and hard hats, less legal gowns please  – Why has a scheme designed to get houses built during a housing crisis resulted in far more people poring over legal documents than plans?   https://www.irishexaminer.com/opinion/commentanalysis/arid-40233485.html?type=amp

 

• Updated rural housing planning guidelines to be published in March https://www.agriland.ie/farming-news/updated-rural-housing-planning-guidelines-to-be-published-in-march/

 

• Buildings are the foundation of our energy-efficient future https://www.weforum.org/agenda/2021/02/why-the-buildings-of-the-future-are-key-to-an-efficient-energy-ecosystem/

 

• Elon Musk targets Kerry for broadband pilot scheme https://www.rte.ie/news/business/2021/0223/1198738-spacex-and-co-kerry/

 

• Airbnb reports huge loss after pandemic hits travel | BreakingNews.ie https://www.breakingnews.ie/world/airbnb-reports-huge-loss-after-pandemic-hits-travel-1087666.html

 

• Worldwide building-height gaps, their determinants, and their implications | VOX, CEPR Policy Portal https://voxeu.org/article/worldwide-building-height-gaps-their-determinants-and-their-implications

 

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.

 

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

• Number of housing units stalled by judicial reviews jumps by 1,000% Report by construction consultants Mitchell McDermott details massive jump in objections to planning decisions https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/construction/number-of-housing-units-stalled-by-judicial-reviews-jumps-by-1-000-1.4492205?mode=amp

 

• Developer wins leave to appeal against quashing of permission on Connolly site https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/commercial-property/developer-wins-leave-to-appeal-against-quashing-of-permission-on-connolly-site-1.4495085?mode=amp

 

• Yimby movement aims to solve housing woes in London https://amp-rte-ie.cdn.ampproject.org/c/s/amp.rte.ie/amp/1199455/

 

• Residents challenge permission for 446 apartments in Dundrum https://www.irishtimes.com/news/crime-and-law/courts/high-court/residents-challenge-permission-for-446-apartments-in-dundrum-1.4495921?mode=amp

 

• Inconveniencing motorists in Sandymount not ‘the end of civilisation’ says Keegan https://www.irishtimes.com/news/environment/inconveniencing-motorists-in-sandymount-not-the-end-of-civilisation-says-keegan-1.4496336?mode=amp

 

• ‘Our sunny homes are now dull and dark’ – local residents’ despair as peaceful cul-de-sac is now in shadow of apartments https://m.independent.ie/irish-news/our-sunny-homes-are-now-dull-and-dark-local-residents-despair-as-peaceful-cul-de-sac-is-now-in-shadow-of-apartments-40127697.html

 

• Limerick Chamber says €9.1m revitalisation project should proceed  https://www.limerickleader.ie/news/planning/612365/limerick-chamber-says-9-1m-revitalisation-project-should-proceed.html

 

• Planning granted for urban park and street in Abbey Quarter in Kilkenny https://www.kilkennypeople.ie/news/home/612182/planning-permission-for-urban-park-and-street-in-abbey-quarter-in-kilkenny.html

 

• Meath CoCo launch public consultation on Boyne Greenway extension – LMFM https://www.lmfm.ie/news/lmfm-news/meath-coco-launch-public-consultation-on-boyne-greenway-extension/

 

*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

• Construction firms warn Taoiseach of €3bn wipeout from building ban extension – Leading construction firms say ban on non-essential construction is damaging Ireland’s international reputation https://amp.independent.ie/irish-news/construction-firms-warn-taoiseach-of-3bn-wipeout-from-building-ban-extension-40137272.html

 

• A grim vista: the construction industry is grinding to a halt – The Currency https://thecurrency.news/articles/37804/a-grim-vista-how-irelands-construction-industry-is-grinding-to-a-halt/

 

• Prof Orla Hegarty highlights need for ‘missing middle’ properties in Ireland https://www.irishtimes.com/news/politics/construction-sector-spin-must-be-challenged-soc-dems-conference-told-1.4497193?mode=amp

 

• Let’s get the cement mixers turning again – Building sites have been idle for weeks, thanks to Covid restrictions, but what effect will the layoff have on the housing crisis? Developers say it’s time to get the industry back into action https://www.thetimes.co.uk/article/lets-get-the-cement-mixers-turning-again-gcv00663r

 

• Construction Industry Federation (CIF) has warned that the closure of building sites could be driving the spread of Covid-19 indoors, with many tradesmen turning to private home restorations  https://amp.independent.ie/irish-news/construction-ban-nixers-may-help-transmit-covid-19-40140175.html

 

• Pandemic pause slows Flynn’s march – Mick Flynn and his brother Kevin have built a thriving construction firm. Mick sees no logic in keeping it shut https://amp.independent.ie/business/irish/interview-pandemic-pause-slows-flynns-march-40139142.html

 

• Housing delivery will fall by 800 homes a week if lockdown extended – IHBA https://www.irishtimes.com/business/construction/housing-delivery-will-fall-by-800-homes-a-week-if-lockdown-extended-ihba-1.4492144?mode=amp

 

• Construction and retail likely to be industries ‘first on list’ to return when case numbers ease https://www.thejournal.ie/society-reopening-summer-restrictions-5361411-Feb2021/

 

• More than 4,000 hotel beds to be completed in Dublin this year https://www.dublinlive.ie/news/dublin-news/dublin-see-more-4000-hotel-19895573

 

• Plans for two new Dublin hotels are appealed to watchdog https://m.independent.ie/business/commercial-property/plans-for-two-new-dublin-hotels-are-appealed-to-watchdog-40137209.html

 

• Dublin faces increased competition as a leading hub for data centres: Ireland’s leadership position in Europe as data centre location is due to its highly competitive pricing and scale of the companies operating here https://www.businesspost.ie/commercial/dublin-faces-increased-competition-as-a-leading-hub-for-data-centres-feaf818f

 

• Number of co-living units in Dublin ‘could double’ despite ban  | Newstalk https://www.newstalk.com/news/number-of-co-living-units-in-dublin-could-double-despite-ban-o-broin-1154011

 

• Developer Johnny Ronan must not be granted permission for a 45-storey tower in Dublin’s docklands, city council planners have warned An Bord Pleanála  https://www.irishtimes.com/business/commercial-property/developer-ronan-s-45-storey-tower-must-be-refused-council-says-1.4491099?mode=amp

 

• Also, Pandemic pushes Ronan skyscraper lender to seek exit: Colony Credit Real Estate has already written down value of docks site loan https://www.thetimes.co.uk/article/pandemic-pushes-ronan-skyscraper-lender-to-seek-exit-tqqdmgm5p

 

• Protected structure status recommended for Player Wills building https://www.irishtimes.com/culture/heritage/protected-structure-status-recommended-for-player-wills-building-1.4491025?mode=amp

 

• Land agency seeks contractors for €160m south Dublin scheme https://www.irishtimes.com/news/social-affairs/land-agency-seeks-contractors-for-160m-south-dublin-scheme-1.4491901?mode=amp

 

• Overturned: Planning permission for 358 student bed spaces in leafy south Dublin – An Bord Pleanála consents to High Court order on proposal to build further student accommodation at Trinity Hall https://m.independent.ie/news/overturned-planning-permission-for-358-student-bed-spaces-in-leafy-south-dublin-40118129.html

 

• Knockback for Red Rock shared living block on Dublin’s Foley Street https://www.thetimes.co.uk/article/knockback-for-red-rock-shared-living-block-on-dublin-s-foley-street-6p9wvrswt

 

• Michael O’Flynn gets go-ahead for €625m development https://www.irishtimes.com/business/construction/michael-o-flynn-gets-go-ahead-for-625m-development-1.4495376?mode=amp

 

• Developers unsuccessful in their appeal of refusal for housing development in Cork city https://www.echolive.ie/corknews/arid-40234160.html

 

• Major step forward for €22m residential care centre in Tuam – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/major-step-forward-for-e22m-residential-care-centre-in-tuam/

 

• An Bord Pleanála green lights plans for 121 homes at Barna – Galway Daily https://www.galwaydaily.com/news/an-bord-pleanala-green-lights-plans-for-121-homes-at-barna/

 

• €15m plan for 232 homes gets fast-track permission despite fierce local opposition – Independent.ie https://m.independent.ie/irish-news/15m-plan-for-232-homes-gets-fast-track-permission-despite-fierce-local-opposition-40129048.html

 

• Challenge to €70m Kildare wind farm to be fast-tracked https://www.irishtimes.com/business/technology/challenge-to-70m-kildare-wind-farm-to-be-fast-tracked-1.4491899?mode=amp

 

• Green light for Kildare haybarn to be converted into holiday apartments  https://www.leinsterleader.ie/news/home/613124/green-light-for-kildare-haybarn-to-be-converted-into-holiday-apartments.html

 

• Plans to build film and recording studios at Barretstown Castle near Ballymore Eustace have been granted.   https://www.kildarenow.com/news/home/612474/latest-green-light-for-new-film-studies-at-kildare-castle.html

 

• Wexford film studio on hold as objection filed https://www.irishtimes.com/business/media-and-marketing/wexford-film-studio-on-hold-as-objection-filed-1.4492055?mode=amp

 

• The Abbey Quarter’s Brewhouse in Kilkenny could be completed this Summer: The contentious project would see almost 5000 square meters of office space built in the city as https://kclr96fm.com/the-abbey-quarters-brewhouse-in-kilkenny-could-be-completed-this-summer/

 

• An Bord Pleanála refuses permission for huge Ballymahon development – Longford Leader https://www.longfordleader.ie/news/home/612523/an-bord-pleanala-refuses-permission-for-huge-ballymahon-development.html

 

• Tipperary set to have Ireland’s second all-weather racecourse | Nenagh Guardian https://www.nenaghguardian.ie/2021/02/27/tipperary-set-to-have-irelands-second-all-weather-racecourse/

 

• Permission refused to change almost 50 Killarney apartments to residential use | Radio Kerry https://www.radiokerry.ie/permission-refused-change-almost-50-killarney-apartments-residential-use/

 

• Glenveagh Properties seeing strong demand for new homes https://amp.rte.ie/amp/1199481/

 

• Also, housebuilder Glenveagh Properties builds itself up for 1,150 homes in 2021: The publicly listed housebuilder says its target can be met if Covid-19 restrictions are lifted on April 5 https://www.thetimes.co.uk/article/housebuilder-glenveagh-properties-builds-itself-up-for-1-150-homes-in-2021-b20z79z87

 

• Grafton Group profits dip less than expected as Woodie’s DIY sales surge https://www.irishtimes.com/business/retail-and-services/grafton-group-profits-dip-less-than-expected-as-woodie-s-diy-sales-surge-1.4494801?mode=amp

 

• Woodie’s owner to invest more in digital as online sales surge https://m.independent.ie/business/irish/woodies-owner-to-invest-more-in-digital-as-online-sales-surge-40129943.html

 

•  Kingspan used a failed fire test to secure 29 reports justifying the use of its combustible insulation on high rise buildings, after the Building Research Establishment (BRE) diverted from usual practice to provide a written report despite the test failing https://www.insidehousing.co.uk/home/kingspan-used-bre-report-on-failed-test-as-basis-for-29-desktop-studies-grenfell-inquiry-reveals-69751

 

• Fine Grain Property brings seasoned expert to board https://www.businesspost.ie/commercial/fine-grain-property-brings-seasoned-expert-to-board-b17c7121

 

• CBRE Ireland appoints corporate finance guru | https://www.businesspost.ie/commercial/cbre-ireland-appoints-corporate-finance-guru-0fe36fcc

 

• Recent Developments in Construction Disputes | Lexology https://www.lexology.com/library/detail.aspx?g=009e7bbc-187e-44ea-94cb-c977d7fb92f6

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 *

 

• GOcharge electric vehicle charging solutions for housebuilders https://constructionnews.ie/gocharge-electric-vehicle-charging-solutions/amp/

 

• Irish firm develops ‘geofencing’ app for quarantine compliance: Hubbcat’s app, already in use in the Bahamas, creates a virtual fence around a property and alerts authorities if it is breached https://www.businesspost.ie/smes/irish-firm-develops-geofencing-app-for-quarantine-compliance-d0214689

 

• The 31 hottest real-estate and construction tech startups https://www.businessinsider.com/proptech-startups-the-hottest-real-estate-and-construction-tech-companies-2021-2?r=US&IR=T

 

• Strategic Analysis: The Top Threat to Real Estate Portals https://www-mikedp-com.cdn.ampproject.org/c/s/www.mikedp.com/articles/2021/2/23/strategic-analysis-the-top-threat-to-real-estate-portals?format=amp

 

• Survey reveals pandemic has proven prosperous for proptech sector https://eliteagent.com/survey-reveals-pandemic-has-proven-prosperous-for-proptech-sector/

 

• Hundreds of UK estate agents sign up to free virtual viewings service https://www.estateagenttoday.co.uk/breaking-news/2021/2/ex-purplebricks-chiefs-proptech-service-hails-link-with-zoopla?source=newsticker

 

• RentUp raises six-figure investment for its AI-powered platform – Wamda https://www.wamda.com/2021/02/rentup-raises-figure-investment-ai-powered-platform

 

• Contractors trial 3D smartphone ‘X-ray vision’ of buried services https://www.constructionenquirer.com/2021/02/26/firms-trial-3d-x-ray-vision-of-buried-services/

 

• PropTech SPACs: Not Just For The Rich And Famous | Seeking Alpha https://seekingalpha.com/article/4407776-proptech-spacs-not-just-for-the-rich-and-famous

 

• This PropTech Startup is Looking to Change the Way We Buy Homes | ArchDaily https://www.archdaily.com/957081/this-proptech-startup-is-looking-to-change-the-way-we-buy-homes

 

• PropTech service claims agents win ‘competitive edge’ thanks to datahttps://www.lettingagenttoday.co.uk/breaking-news/2021/2/proptech-service-claims-agents-win-competitive-edge-thanks-to-data?source=newsticker

 

• This robot dog is changing the way buildings are designed, constructed, and used – Spot can scan and analyze buildings to find mistakes or determine how the space is being used https://www.fastcompany.com/90606475/this-robot-dog-is-changing-the-way-buildings-are-designed-constructed-and-used

 

• Autodesk Tandem Digital Twin Platform Launches for AEC | Autodesk News https://adsknews.autodesk.com/news/tandem-public-beta

 

• Irish entrepreneur named CEO of $7bn Nasdaq-listed company: Oisín Hanrahan becomes chief executive of Angi, which acquired his company Handy https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/technology/irish-entrepreneur-named-ceo-of-7bn-nasdaq-listed-company-1.4494841?mode=amp

 

• Eltizam completes proptech firm acquisition https://meconstructionnews.com/46391/eltizam-completes-proptech-firm-acquisition

 

• NREP raises €130m for venture-capital fund targeting green proptech | News | Real Assets https://realassets.ipe.com/news/nrep-raises-130m-for-venture-capital-fund-targeting-green-proptech/10050878.article

 

• Digital Leasing Startup Lands Partnerships With JLL, Colliers, Lincoln Property https://www.bisnow.com/national/news/technology/growing-proptech-startup-swivel-lands-partnerships-with-jll-colliers-lincoln-property-107852

 

• In Focus: PropTech Interview With Alex Pettee Of Hoya Capital (NYSEARCA:HOMZ) | Seeking Alpha https://seekingalpha.com/article/4408050-proptech-interview-alex-pettee-of-hoya-capital

 

• Novel conveyancing platform launches £100k crowdfunding campaign https://thenegotiator.co.uk/seedrs-conveyancing-exchangetrain/

 

• CBRE Group, Inc. Acquires 35 Percent Interest in Industrious, Leading Provider of Flexible Space Solutions | Business Wire https://www.businesswire.com/news/home/20210222005240/en/CBRE-Group-Inc.-Acquires-35-Percent-Interest-in-Industrious-Leading-Provider-of-Flexible-Space-Solutions

 

• Smart Cities Ontology for Digital Twins https://techcommunity.microsoft.com/t5/internet-of-things/smart-cities-ontology-for-digital-twins/ba-p/2166585

RESIDENTIAL PROPERTY NEWS (including PRS)

• If you missed the LIV Consult Bisnow Webinar on ‘Design for BTR Investment’, you can watch it back here – Discussion on all aspects of #BuildToRent design and investment in Ireland with Arlene van Bosch of U+I (U and I Group PLC), Michael Hussey of O’Mahony Pike Architects and Rob Henderson of F3GROUP, chaired by Carol Tallon of Property District: https://www.bisnow.com/webinar/dublin/design-btr-for-investment-6983

 

• ESRI on house prices, credit union housing loans, and pension vs mortgage https://www.irishtimes.com/business/esri-on-house-prices-credit-union-housing-loans-and-pension-vs-mortgage-1.4492231?mode=amp

 

• Michael Healy-Rae tops lists of Dáil landlords, quarter of TDs involved in property | BreakingNews.ie https://www.breakingnews.ie/amp/ireland/michael-healy-rae-tops-lists-of-dail-landlords-quarter-of-tds-involved-in-property-1088249.html

 

• Private rental sector has highest ever share of investment market https://www.irishtimes.com/business/commercial-property/private-rental-sector-has-highest-ever-share-of-investment-market-1.4492647?mode=amp

 

• PRS remains a reliable investment option despite pandemic: Seen as a secure and stable investment, the private rental sector has been the most sought-after asset class in 2020 https://www.businesspost.ie/commercial/prs-remains-a-reliable-investment-option-despite-pandemic-9543076b

 

• US property giant gets average rent of €2,126 in Dublin – Almost half of apartments at Kennedy Wilson’s 22-storey Capital Dock scheme are vacant https://m.independent.ie/business/commercial-property/us-property-giant-gets-average-rent-of-2126-in-dublin-40133442.html

 

• State paid landlords €436m in 2020 https://www.breakingnews.ie/amp/ireland/state-paid-landlords-e436m-in-2020-1086045.html

 

• Avestus pays €38m for 120 Dublin rental apartments https://www.irishtimes.com/business/commercial-property/avestus-pays-38m-for-120-dublin-rental-apartments-1.4492845?mode=amp

 

• Mica-affected homeowners seek help over scheme https://amp.rte.ie/amp/1198580/

 

• Applicants face severe backlog for warmer home grant https://amp.independent.ie/irish-news/applicants-face-severe-backlog-for-warmer-home-grant-40116285.html

 

• North Wexford proves a desirable location for property hunters https://amp.independent.ie/regionals/goreyguardian/news/north-wexford-proves-a-desirable-location-for-property-hunters-40095656.html

 

• Mortgage or pension? Where to put your spare cash https://www.irishtimes.com/business/personal-finance/mortgage-or-pension-where-to-put-your-spare-cash-1.4489639?mode=amp

 

• My housemate and I want to stop renting and buy a property together. Is this wise? https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/life-and-style/homes-and-property/my-housemate-and-i-want-to-stop-renting-and-buy-a-property-together-is-this-wise-1.4489659?mode=amp

 

• Free rent incentive offered on luxury Docklands apartments https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/economy/free-rent-incentive-offered-on-luxury-docklands-apartments-1.4493311?mode=amp

 

• Has Dublin built too many luxury apartments? https://www.irishtimes.com/business/personal-finance/has-dublin-built-too-many-luxury-apartments-1.4493278?mode=amp

 

• Couple can remain in Dublin 4 property after judge refuses injunction https://www.irishtimes.com/news/crime-and-law/courts/high-court/couple-can-remain-in-dublin-4-property-after-judge-refuses-injunction-1.4493804?mode=amp

 

 

COMMERCIAL PROPERTY NEWS

• Commercial property vacancy rate rises to 13.5% https://amp.rte.ie/amp/1199194/

 

• New Alternative Investment Funds rules being considered:  The Central Bank is considering new regulations to govern how the commercial property investment market is regulated here. https://amp.rte.ie/amp/1198589/

 

• Take-up of office space in Dublin drops by half as pandemic stalls activity: Savills report predicts hybrid work model won’t damage demand going forward https://www.irishtimes.com/business/commercial-property/take-up-of-office-space-in-dublin-drops-by-half-as-pandemic-stalls-activity-1.4491068?mode=amp

 

• Dublin office market activity to increase in H2 2021 https://www.propertyfundsworld.com/2021/02/22/296215/dublin-office-market-activity-increase-h2-2021

 

• Danish retailer Jysk plans second store in Limerick https://www.limerickleader.ie/news/home/611950/danish-retailer-jysk-plans-second-store-in-limerick.html

 

• IDA spent €25m maintaining four unused sites over 18 years https://www.irishtimes.com/business/commercial-property/ida-spent-25m-maintaining-four-unused-sites-over-18-years-1.4492215?mode=amp

 

• Irish magnates’ pub group burning through €35m-€40m a month https://www.irishtimes.com/business/retail-and-services/irish-magnates-pub-group-burning-through-35m-40m-a-month-1.4491589?mode=amp

 

• Roll the dice: Former Dice Bar premises for sale at €750,000 https://www.irishtimes.com/business/commercial-property/roll-the-dice-former-dice-bar-premises-for-sale-at-750-000-1.4491994?mode=amp

 

• Core Industrial eyes €100m sale of Dublin logistics assets https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/commercial-property/core-industrial-eyes-100m-sale-of-dublin-logistics-assets-1.4493107?mode=amp

 

• Eden Quay investment offers the potential to boost yield https://amp.independent.ie/business/commercial-property/eden-quay-investment-offers-the-potential-to-boost-yield-40128790.html

 

• Pembroke property offers plenty of potential for €1.35m: Colliers Ireland is selling the Dublin 4 Victorian mixed-use building with vacant possession https://www.businesspost.ie/commercial/pembroke-property-offers-plenty-of-potential-for-eur135m-b37a5e20

 

• Block, stock, and barrels blazing as €1.9m Model Farm Road Cork office investment follows €5m Midleton deal  https://www.irishexaminer.com/property/commercial/arid-40232840.html?type=amp

 

•  Applegreen service station offers 7.21pc yield to investors https://amp-independent-ie.cdn.ampproject.org/c/s/amp.independent.ie/business/commercial-property/applegreen-service-station-offers-721pc-yield-to-investors-40128796.html

 

• Meath records the lowest commercial property vacancies in Ireland https://www.lmfm.ie/news/lmfm-news/meath-records-the-lowest-commercial-property-vacancies-in-ireland/

 

• Trendy bar, The Roundy, is up for auction with a €650,000 price https://www.irishexaminer.com/property/commercial/arid-40232768.html?type=amp

 

• 5 Sustainable Principles Leading to CRE Profitability – This rising interest in environmentally-conscious properties is powered by several important realities that directly impact property owners’ bottom lines https://www.cpexecutive.com/post/5-sustainable-principles-leading-to-cre-profitability/

 

• Sale of renowned Limerick bar under ‘active negotiation’ https://www.limerickleader.ie/news/home/612918/sale-of-renowned-limerick-bar-under-active-negotiation.html

 

• A holistic office is a happy office: Facilities management, sustainability and environmental responsibility are all essential in running a successful work space, according to award-winning property consultants Cogent Associates https://www.businesspost.ie/commercial-reports/a-holistic-office-is-a-happy-office-319d232f

INTERNATIONAL PROPERTY NEWS

• Paddy McKillen left hanging by Richard Rogers’s floating art gallery plan https://www.thetimes.co.uk/article/paddy-mckillen-left-hanging-by-richard-rogers-s-floating-art-gallery-plan-t2wp7w8kp

 

• Property group that claimed it would raise €150m to build homes put into liquidation – British judge told Value Asset Management was suspected of misleading investors and misappropriating funds https://www.businesspost.ie/uncategorized/property-group-that-claimed-it-would-raise-eur150m-to-build-homes-put-into-liquidation-67756b79

 

• Warsaw skyscraper becomes EU’s tallest building https://notesfrompoland.com/2021/02/22/warsaw-skyscraper-becomes-eus-tallest-building/

 

• Amazon plans new data center outside Paris, again: AWS returning to plans first mooted in 2019 in Essonne, northwest France https://www.datacenterdynamics.com/en/news/amazon-plans-new-data-center-outside-paris-again/

 

• The Future of Multifamily Housing and the Associated Security Challenges https://www.archdaily.com/954774/the-future-of-multifamily-housing-and-the-associated-security-challenges

 

• Church of England land should be used to help tackle housing crisis, says report https://www.theguardian.com/society/2021/feb/21/church-of-england-land-should-be-used-to-help-tackle-housing-crisis-says-report

 

 

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/