Sunday Property Round-Up: March 31st, 2019

 

 

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/

 

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…

 

 

 

  • Minister Donohoe launches review of procurement policy for public works projects | | Irish Building Magazine.ie | Ireland’s Leading Construction News & Information Portal https://www.irishbuildingmagazine.ie/2019/03/25/minister-donohoe-launches-review-of-procurement-policy-for-public-works-projects/amp/?__twitter_impression=true

 

 

 

 

 

 

 

 

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

 

 

#PropertyMatters 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 (@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, property and proptech.

This week we were joined by Shane O’Callaghan of Casey Kennedy Estate Agents; Paul Mitchell of Mitchell McDermott Construction Consultants and Angelica Donati, proptech contributor to Forbes and partner at Concrete VC.

*Listen back here: https://anchor.fm/ipropertyradio/episodes/Property-Matters–March-26th-2019-e3ioj2

 

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

 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

 

 

The Home Show – Episode 4 | Newstalk

 

We brought the #Proptech conversation into the Newstalk studio this week to discuss all things technology for the planning, construction and property industries in Ireland. We also talk about on-line bidding platforms for home buyers and sellers (from 32 minutes):

 

Listen back here: https://www.newstalk.com/podcasts/the-home-show-with-sinead-ryan/home-show-episode-4

 

PLACEMAKING

Public Consultation and Community Engagement

 

 

 

 

 

 

 

 

 

 

 

 

  • On the front page of The Sunday Business Post today (linking to page 12), the face of obstructionism and vested interests killing the development of much-needed new homes and infrastructure: ‘Meet [one of] Ireland’s serial objector: The man now challenging Supermac’s Pat McDonagh (Liam Madden)’

 

  • On page 13 of The Sunday Business Post, Stephen Kinsella has an excellent feature on urban planning: ‘Ireland is a bit odd in terms of the distribution of its population. Our urban hierarchy is odd not because Dublin is so big, but because our other cities are so small. Reports about spatial planning have worried about this for nearly 50 years.’

 

 

*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

 

  • The most insightful coverage of the persistent housing crisis across the broadsheets today is in the Sunday Independent, in particular, page 6 of the main news section. Conor Skehan asks the question ‘But what would a successful housing policy look like?’  Ronan Lyons advises, again, that more homes are needed and Wayne O’Connor asks the most obvious question: ‘Affordability, availability… why do we do housing so badly?’ https://m.independent.ie/irish-news/affordability-availability-why-do-we-do-housing-so-badly-37967559.html

 

  • The lead business story in the Independent is by Michael Cogley and reports that ‘Nama sold 90pc of loans to US private equity, UN claims’. This refers to the story I have linked to in the opening paragraph above.

 

  • The same journalist reports that Glenveagh is likely to exceed its sales targets for 2019 having hit 75% in the first three months of the year.

 

  • In the same paper, Samantha McCaughren writes that the Ireland Strategic Investment Fund, or ISIF, is to invest  €35 million into a new fund to develop quality office space in Cork.

 

  • In the Business & Money section of The Irish Times today, the lead stories include: Derek Quinlan faces bankruptcy petition (in the UK); US funds engineer blockbuster bids on DIT Kevin Street (with Chartered Land, Ronan Group REal Estate & Core Capital, Ballymore, Oaktree and Hines all in the mix); and IBRC wrest control of Indian office Q City from Quinn family.

 

  • Also in the Times today, Gavin Daly reports that talks between Tetrarch and Starwood on a joint venture worth hundreds of millions have ended without agreement.

 

  • The same journalist reports that Park Developments is planning to build 210 apartments in Killiney on a 3.75 acre site at Church Road/Churchview Road.

 

  • Inthe property section of the SBP, Donal Buckley writes about the data centre sector. I covered this last week in the context of the National Construction Summit and the most recent Host in Ireland report. For those with an interest in delving into this numbers further, Garry Connolly of Host in Ireland will be joining the Property Matters team next Tuesday from 6pm. Be sure to listen in!

 

 

 

 

 

 

 

  • Fewer than 1pc of homeowners switch mortgages https://m.independent.ie/business/personal-finance/property-mortgages/fewer-than-1pc-of-homeowners-switch-mortgages-37946915.html

 

 

 

 

 

 

 

 

 

  • Couple received €40,000 after insurer tried to reject storm damage claim https://www.thejournal.ie/financial-services-ombudsman-4565449-Mar2019/

 

  • Asset manager Trium Capital to establish Dublin hub https://www.irishtimes.com/business/financial-services/asset-manager-trium-capital-to-establish-dublin-hub-1.3836920?mode=amp

 

 

 

 

 

 

 

 

 

 

  • Cork City Council in ‘process of engagement’ with BAM over rubble mound https://amp.irishexaminer.com/breakingnews/ireland/cork-city-council-in-process-of-engagement-with-bam-over-rubble-mound-913414.html

 

 

 

 

 

 

 

Agile Agent – Digital Transformation for Independent Estate Agents

 

 

To get involved and for free Proptech Prompts, please

SIGN UP HERE

 

Proptech and Construction Innovation

 

 

 

  • ‘Impact of Immersive Technologies on Construction’:  CitA Technology Trend Event – 3rd April 2019 https://www.cita.ie/events/cita-technology-trend-event-april-2019/

 

 

 

 

  • How digital tools can speed up planning and deliver homes
    https://futurecities.catapult.org.uk/2019/03/22/blog-how-digital-tools-can-speed-up-planning-and-deliver-homes/

 

 

 

 

 

 

 

 

 

 

 

 

Crowd-sourcing answers topical property questions:   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 in 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.

 

From 2019, the publishers and I want to ensure the content remains topical and we are 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/

 

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