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:
- Sad news this week, Liam Carroll has died at the age of 70. He was a key player in the country’s property scene, responsible for development in the capital from the nineties that transformed the face of the city. Ar dheis Dé go raibh a h’anam dílis https://amp.independent.ie/business/boom-era-developer-liam-carroll-has-died-aged-70-40158951.html
- Inside Politics – Is affordable housing achievable? https://www.irishtimes.com/news/politics/inside-politics/inside-politics-is-affordable-housing-achievable-1.4500277?mode=amp
- Homeless hostel for teens in Dublin city shuts down after 20 years https://www.dublinlive.ie/news/dublin-news/homeless-hostel-teens-dublins-city-19967016
- Government response to housing crisis comes under fire https://www.irishtimes.com/news/politics/government-response-to-housing-crisis-comes-under-fire-1.4499943?mode=amp
- Concerns raised over CPO powers of new Land Development Agency https://amp.independent.ie/business/farming/news/farming-news/concerns-raised-over-cpo-powers-of-new-land-development-agency-40156991.html
- Ivan Gaine: Shared equity proposal can alleviate housing mess – There’s no silver bullet to the current crisis, but the shared equity initiative would make a meaningful difference to aspiring first-time buyers https://www.businesspost.ie/property-insight/ivan-gaine-shared-equity-proposal-can-alleviate-housing-mess-22a1bc80
- The good, bad and ugly of O’Brien’s plans for affordable homes https://amp.independent.ie/opinion/comment/the-good-bad-and-ugly-of-obriens-plansforaffordablehomes-40164600.html
- Darragh O’Brien adds price caps to affordable homes scheme https://www.thetimes.co.uk/article/darragh-obrien-adds-price-caps-to-affordable-homes-scheme-kcnwgxwfd
- Housing Agency head believes affordable housing scheme is more sustainable in long run: €75m scheme to allow 2,000 people a year buy new homes criticised by opposition and ESRI as potentially driving up house prices https://www.businesspost.ie/houses/housing-agency-head-believes-affordable-housing-scheme-is-more-sustainable-in-long-run-2ba69895
- Good research matters, even if the results can be challenging https://amp-independent-ie.cdn.ampproject.org/c/s/amp.independent.ie/business/commercial-property/good-research-matters-even-if-the-results-can-be-challenging-40156168.html
- Kildare council rapped for lack of accurate property register – Auditor warns bad record keeping is showing discrepancies in the value of the local authority’s €2.8 billion fixed assets https://www.businesspost.ie/local-goverment/kildare-council-rapped-for-lack-of-accurate-property-register-d932e7ce
- 78-year-old Cork woman claims she is owed €135,000 by collapsed German property firm https://www.irishexaminer.com/business/economy/arid-40235852.html
- Can Davy’s clients stay silent as board goes into conclave? https://www.irishtimes.com/business/financial-services/can-ireland-plc-remain-silent-as-davy-board-goes-into-conclave-1.4502478?mode=amp
- Davy stockbrokers’ CEO resigns amid bond deal fine https://www.thejournal.ie/davy-resignation-brian-mckiernan-kyran-mclaughlin-5373840-Mar2021/
- Start Mortgages and Deloitte receivers behaved ‘disgracefully’, court told | BreakingNews.ie https://www.breakingnews.ie/business/start-mortgages-and-deloitte-receivers-behaved-disgracefully-court-told-1091681.html
- Falling to pieces: why banks are getting pulverised in Ireland – Lack of competition has greatly weakened Ireland’s banking system and now fintechs are eyeing up the most valuable parts of lenders’ business https://www.thetimes.co.uk/article/falling-to-pieces-why-banks-are-getting-pulverised-in-ireland-l25l79xj0
- Ireland’s power revolution: Data centres https://www.rte.ie/news/analysis-and-comment/2021/0305/1201081-data-centres/
- Surveyors mark International Women’s Day with new mentoring programme https://www.irishtimes.com/life-and-style/homes-and-property/surveyors-mark-international-women-s-day-with-new-mentoring-programme-1.4500012?mode=amp
- The women building change in construction: ‘Choose to challenge’ is this year’s theme for International Women’s Day https://www.businesspost.ie/property-insight/the-women-building-change-in-construction-fecdf1e2
*By the way, for the media featuring some of the truly inspiring women in this industry today – it’s tokenism if you don’t do it again next Sunday, and every Sunday (and every day!) going forward. Also, it would be great this year if – instead of the usual photos of women in the workplace being celebrated on International Women’s Day (#IWD2021) by a branded muffin delivery – we could hear about the initiatives for genuine change-making. It was Verna Myers who famously said that “Diversity is being invited to the party; inclusion is being asked to dance,” Well, for 2021, let’s take that a step further and take an honest look at who’s on that dance planning committee to see the real equality within your firm…
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 #PropertyMatters iPropertyRadio.com this week we are joined by Marie Hunt, Executive Director at CBRE Ireland; Paul Mitchell, Director at Mitchell McDermott; and Michael Beckerman, CEO of CREtech
Special thanks to Katie Tallon who, after more than two years, produced her final show for us this – best wishes in your new role, Katie!
Watch part 1 – https://youtu.be/IUDBPDvo5P0
Watch part 2 – https://youtu.be/HY8KxSByr7s
Watch part 3 – https://youtu.be/4QoP5t5nKVk
*Listen back to all shows at: https://ipropertyradio.com/property-matters/
Email the Property Matters team at info@propertydistrict.ie
PLACEMAKING
PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT
- With the marked rise in negative planning observations, challenges and judicial reviews to SHD applications (up 10-fold according to https://mitchellmcdermott.com), Property District will no longer tolerate the use of unhelpful, misleading and, frankly, inaccurate language in the reporting of OUR industry. We are calling on industry leaders and their PR firms to insist on accurate terminology being used in all interviews (no more “cuckoo” “vulture” etc). For our part, our own monthly reach is 300,000+ per month across digital media and this is growing every day; we will endeavour to correct these inaccuracies prior to sharing content – as per the example above – and we are now asking other social media managers and industry communications professionals to do the same. Please reach out to the Property District content team if you need any help with this at info@propertydistrict.ie.
- €15m Broadstone bus depot restoration completed https://www.irishtimes.com/news/environment/15m-broadstone-bus-depot-restoration-completed-1.4500063?mode=amp
- Revitalising Dublin – O’Brien announces €430 million for 8 Dublin Regeneration Projects https://www.gov.ie/en/press-release/2d5d8-revitalising-dublin-obrien-announces-430-million-for-8-dublin-regeneration-projects/
- Dundrum residents call for proper consultation about concerns over new mental health hospital plans – Dublin Rathdown man Shaun Tracey has called on the Land Development Agency to engage with Dundrum Residents Associations https://www.dublinlive.ie/news/dundrum-residents-call-proper-consultation-19936089
- Residents get leave to challenge Dundrum apartment development https://www.irishtimes.com/business/construction/residents-get-leave-to-challenge-dundrum-apartment-development-1.4498247?mode=amp
- Petition launched to ‘save Iveagh Gardens’ as Children’s Science Museum construction to begin – An Bord Pleanala granted planning permission for the €37 million project back in September 2016 https://www.dublinlive.ie/news/dublin-news/petition-launched-save-iveagh-gardens-19973883.amp
- Major milestone for Limerick school as new €20m campus opens https://www.limerickleader.ie/news/education/613580/major-milestone-for-limerick-school-as-new-20m-campus-opens.html
- Talks to be held over ownership of historic Limerick castle https://www.limerickleader.ie/news/home/612845/talks-to-be-held-over-ownership-of-historic-limerick-castle.html
- DigiClare to launch global campaign on digital hubs & plans underway for five new facilities https://www.clareecho.ie/digiclare-to-launch-global-campaign-on-digital-hubs-plans-underway-for-five-new-facilities/
- Galway-Athlone cycleway project concerns raised https://www.agriland.ie/farming-news/galway-athlone-cycleway-project-concerns-raised/
- Island museum gets the green light https://connachttribune.ie/island-museum-gets-the-green-light-268/
- Consultation phase for Masterplan for Glendalough Recommendations in concluding stage https://wicklownews.net/2021/03/consultation-phase-for-masterplan-for-glendalough-recommendations-in-concluding-stage/
- Legal challenges preventing construction of M28 come to an end https://www.echolive.ie/corknews/arid-40236254.html
- Information clinics on Ireland’s largest offshore wind farm to take place https://www.agriland.ie/farming-news/information-clinics-on-irelands-largest-offshore-wind-farm-to-take-place/
*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
- No guarantee construction will resume on 5 April, says Housing Minister https://www.thejournal.ie/housing-construction-2-5373197-Mar2021/
- State faces legal challenge to ‘discriminatory’ Covid-19 construction restrictions: Paddy McKillen Jr firm involved in High Court action https://amp.independent.ie/news/state-faces-legal-challenge-to-discriminatory-covid-19-construction-restrictions-40162601.html Also – McKillen jnr initiates High Court challenge over construction lockdown: Blue Whisp argues allowing some construction but not all is unlawful discrimination https://www.irishtimes.com/business/construction/mckillen-jnr-initiates-high-court-challenge-over-construction-lockdown-1.4502187?mode=amp
- Building heavyweights call for early reopening of sector: Construction executives have voiced frustration at the current paralysis here while the industry has been allowed to operate abroad https://www.businesspost.ie/construction/building-heavyweights-call-for-early-reopening-of-sector-88f36159
- Cork therapist calls for action to help depressed construction workers https://www.echolive.ie/corknews/arid-40238447.html
- Engineers Ireland’s latest report found that 79pc of engineering companies in Ireland are planning to recruit new staff this year. https://www.siliconrepublic.com/careers/engineering-companies-hiring-engineers-ireland
- Nama legal bill runs to over €50m: In its decade in existence, the state agency has hired some of the world’s top law firms to defend its interests https://www.businesspost.ie/legal/nama-legal-bill-runs-to-over-eur50m-668b303f
- Johnny Ronan replies to Frank McDonald: Tall buildings must be part of Dublin’s future https://www.irishtimes.com/culture/art-and-design/johnny-ronan-replies-to-frank-mcdonald-tall-buildings-must-be-part-of-dublin-s-future-1.4501340?mode=amp
- The high-rise of the Ronan empire: Johnny Ronan has a multi-storey vision for the future of Dublin’s docklands – even if not everyone is happy about it. Here, in an exclusive interview, he expounds on his plans to transform the capital city’s centre https://www.businesspost.ie/Planning/the-high-rise-of-the-ronan-empire-a23ad44a
- Also, Ronan has high hopes of London building bonanza: The developer, who has rebuilt a solid Irish property portfolio, aims to have his first project in the British capital next year https://www.businesspost.ie/construction/ronan-has-high-hopes-of-london-building-bonanza-fd9c64fc
- Pat Farrell: In the long-running apartment debate, size matters – Ignore the false narratives: Irish apartment standards are amongst the best in Europe https://www.businesspost.ie/property-insight/pat-farrell-in-the-long-running-apartment-debate-size-matters-d7a57ebd
- An Bord Pleanala, the state’s planning authority, incurred record legal costs last year after it was given new responsibilities under the fast-track planning regime https://www.thetimes.co.uk/article/planning-board-lands-lofty-legal-costs-in-fast-track-regime-change-dz7h0xfpc
- DAA tenders for eight-year €425m upgrade of Dublin Airport https://www.irishtimes.com/business/transport-and-tourism/daa-tenders-for-eight-year-425m-upgrade-of-dublin-airport-1.4502650?mode=amp
- Dublin co-living development rejected over concerns for protected species https://www.thetimes.co.uk/article/dublin-co-living-development-rejected-over-concerns-for-protected-species-xbgngs0px
- Construction Information Services round-up: Your weekly guide to the biggest building projects around the country https://www.businesspost.ie/commercial/construction-information-services-round-up-96ecc0fc
- Publican Charlie Chawke lodged €186m ‘fast track’ plans to construct 299 apartments beside Dublin bar https://m.independent.ie/news/publican-charlie-chawke-lodged-186m-fast-track-plans-to-construct-299-apartments-beside-dublin-bar-40160065.html
- Tallaght site with full planning for 196 rental apartments seeks €7.35m – Subject site is located beside Luas red line and within walking distance of The Square https://www.irishtimes.com/business/commercial-property/tallaght-site-with-full-planning-for-196-rental-apartments-seeks-7-35m-1.4497977?mode=amp
- Dublin 10 site with permission for 13 apartments seeks €675,000 https://www.irishtimes.com/business/commercial-property/dublin-10-site-with-permission-for-13-apartments-seeks-675-000-1.4495959?mode=amp
- Sites sell in Waterford and Sandyford for over €4m each https://amp-independent-ie.cdn.ampproject.org/c/s/amp.independent.ie/business/commercial-property/sites-sell-in-waterford-and-sandyford-for-over-4m-each-40156150.html
- Inside Track: Former Davy chief Tony Garry takes stock of housing site https://www.thetimes.co.uk/article/inside-track-former-davy-chief-tony-garry-takes-stock-of-housing-site-spr8hs3kl
- Cork City Council expects 600 new homes built on 54-acre landbank: The site on Old Whitechurch Road is also expected to feature a school, a neighbourhood shop and various service outlets https://www.businesspost.ie/commercial/cork-city-council-expects-600-new-homes-built-on-54-acre-landbank-b58f8abc
- Plans for redevelopment of former Cork bar rejected https://www.echolive.ie/corknews/arid-40235615.html
- Cork apartments that would block views of a distinctive church are refused permission: Planners said the proposal would result in “a visually obtrusive development” https://www.irishexaminer.com/property/developmentconstruction/arid-40237193.html
- Former Sisters of Mercy convent complex for sale in Passage West for €1.2m: The site, which has planning permission for apartments and houses, is singled out as a “key regeneration opportunity” in the harbour town https://www.irishexaminer.com/property/commercial/arid-40237649.html
- Aldi plan to open new Limerick store challenged https://www.limerickleader.ie/news/home/614636/aldi-plan-to-open-new-limerick-store-challenged.html
- Higher planning authority backs proposal for over 120 housing units in Barna – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/higher-planning-authority-backs-proposal-for-over-120-housing-units-in-barna/
- Plans submitted for expansion of city centre hotel https://www.galwaydaily.com/news/plans-submitted-for-expansion-of-forster-court-hotel/
- Lidl Ireland Welcomes Planning Permission for Knocknacarra Store https://www.checkout.ie/amp/retail/lidl-ireland-welcomes-planning-permission-knocknacarra-store-123700
- New €140m hospital planned for Limerick https://www.limerickleader.ie/video/breaking-news/613973/breaking-new-140m-hospital-planned-for-limerick.html
- New office space complex to open in Waterford next year https://www.wlrfm.com/2021/03/05/new-office-space-complex-to-open-in-waterford-next-year/
- Landmark project would be home to 1,500 residents | Westmeath Independent https://www.westmeathindependent.ie/2021/03/04/landmark-project-would-be-home-to-1500-residents/
- Appeal lodged against plans for new houses in Ballyhaise – Northern Sound https://www.northernsound.ie/appeal-lodged-plans-new-houses-ballyhaise/
- Planning granted for new aircraft hangar at Ireland West Airport Knock https://www.midwestradio.ie/index.php/news/45727-planning-granted-for-new-aircraft-hangar-at-ireland-west-airport-knock
- Developer lodges appeal over €112,000 financial contribution at Colberts Fort https://www.echo.ie/show/article/developer-lodges-appeal-over-112-000-financial-contribution-at-colberts-fort
- Revealed: Planning sought for 24-bed hotel near Rock of Cashel in Tipperary https://www.tipperarylive.ie/news/home/613746/revealed-planning-sought-for-24-bed-hotel-near-rock-of-cashel-in-tipperary.html
- Cairn Homes’ revenues and profits for 2020 drop, but said it remained “very positive and ambitious” for its future growth prospects https://amp.rte.ie/amp/1200863/
- CRH sees earnings rise despite reduced levels of activity https://m.independent.ie/business/irish/crh-sees-earnings-rise-despite-reduced-levels-of-activity-40157138.html
- Scottish timber has kept Glennon Brothers plants open since November: ‘Importation of timber is not sustainable from a business perspective’ https://www.irishexaminer.com/farming/arid-40237949.html?type=amp
- Century-old building firm G&T Crampton calls in a liquidator: Firm was involved in nationally important building projects https://amp.independent.ie/business/irish/century-old-building-firm-g-and-t-crampton-calls-in-a-liquidator-40147469.html
- Offaly’s Cconsult Engineering Design takes pride in their innovative problem solving https://www.offalyexpress.ie/news/business/613523/offaly-s-cconsult-engineering-design-takes-pride-in-their-innovative-problem-solving.html
- Mannok appoints Paul Monaghan as new Sustainability Manager as the company continues to drive sustainability efforts as a top priority and core value of the business. This is a new role will complement the Environmental Compliance team already in place. https://www.irishbuildingmagazine.ie/2021/03/05/mannok-appoint-new-sustainability-manager/
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 *
- Advice for founders: 11 words and phrases to cut from your VC pitch deck – TechCrunch https://techcrunch.com/2021/03/03/11-words-and-phrases-to-cut-from-your-vc-pitch-deck/
- Dramatic 90% success rate at first virtual auction of 2021 https://www.galwaydaily.com/galway-property/dramatic-90-success-rate-at-first-virtual-auction-of-2021/?amp
- DezRez launches proptech conference fronted by celebrity business coach: Eavolution21 is to be held on 23rd March and will be online only but free to attend. https://thenegotiator.co.uk/proptech-eavolution-conference-dezrez/
- Slow conveyancers should suffer financial penalties, says PropTech man https://www.estateagenttoday.co.uk/breaking-news/2021/3/proptech-man-wants-financial-penalties-for-lawyers-in-slow-deals?source=newsticker
- VR reaches moment of truth as Apple pitches in for a slice of the action: The vision of virtual reality breaking into the mainstream is coming into focus, as Apple nudges into the picture https://www.thetimes.co.uk/article/vr-reaches-moment-of-truth-as-apple-pitches-in-for-a-slice-of-the-action-jvbchc3hl
- PropTech takeover – another big acquisition by epropservices https://www.estateagenttoday.co.uk/breaking-news/2021/3/proptech-takeover–another-big-acquisition-by-epropservices
- New ‘proptech’ promotes safe, functional living spaces: Prevention, not just risk transfer through coverage, may be the new aim of the whole insurance game. https://www.propertycasualty360.com/2021/03/05/new-proptech-promotes-safe-functional-living-spaces/?slreturn=20210206053011
- UK proptech Emoov wants to help homeowners flip the property with instant residential property buyouts plan – UKTN (UK Tech News) https://www.uktech.news/news/uk-proptech-emoov-wants-to-help-homeowners-flip-the-property-quickly-with-instant-residential-property-buyouts-plan-20210302
- SPAC Surge Is Fueling Proptech Growth | GlobeSt https://www.globest.com/2021/03/02/spac-surge-is-fueling-proptech-growth/
- Proptech startup States Title, now Doma, going public via SPAC in $3B deal – TechCrunch https://techcrunch.com/2021/03/02/proptech-startup-states-title-now-doma-going-public-via-spac-in-3b-deal/
- SPACs Are On the Prowl for Early-Stage Startups — The Information https://www.theinformation.com/articles/spacs-are-on-the-prowl-for-early-stage-startups
- Welcome to BIM Today March 2021, in which our expert contributors examine latest issues, innovations and challenges in the world of BIM, AI and digital construction https://www.pbctoday.co.uk/news/publications/bim-today-march-2021/89647/
RESIDENTIAL PROPERTY NEWS (including PRS)
- INSTITUTIONAL INVESTORS will buy 30pc of Cairn’s output, says Cairn Homes CEO: Developer plans to deliver 2,500 homes in two years https://amp.independent.ie/business/commercial-property/cuckoo-funds-will-buy-30pc-of-cairns-output-says-ceo-40161015.html
- Almost two-thirds of Nama homes offered for social housing ‘lost to private sector’ https://www.irishexaminer.com/news/politics/arid-40236668.html?type=amp
- Aberdeen Standard fund pays €20m for Dublin apartment portfolio https://www.irishtimes.com/business/commercial-property/aberdeen-standard-fund-pays-20m-for-dublin-apartment-portfolio-1.4500219?mode=amp Also, Smithfield apartment scheme snapped up by ASI’s ‘Fund’: The 39-unit building on Blackhall Street in Dublin 7 changed hands for €20 million https://www.businesspost.ie/commercial/smithfield-apartment-scheme-snapped-up-by-asis-fund-79930dad
- Under-39 own just one in eight homes in Republic, developer estimates https://www.irishtimes.com/business/construction/under-39-own-just-one-in-eight-homes-in-republic-developer-estimates-1.4500974?mode=amp
- Atticus: TDs’ lets go but Seán Haughey’s holds on with property and Pfizer shares https://www.thetimes.co.uk/article/atticus-tds-lets-go-but-sean-haughey-s-holds-on-with-property-and-pfizer-shares-66707f3tf
- Town or country? Covid-19 has changed how and where people want to buy https://www.irishexaminer.com/news/spotlight/arid-40234838.html?type=amp
- Shift in property market is a chance to revive wilting rural communities: Pandemic sees demand for rural homes with broadband surge https://www.irishexaminer.com/opinion/ourview/arid-40235420.html?type=amp
- Home working must be built into the future: For the past year, remote workers have been balancing jobs with family life in a homes that were not designed for it. It’s time for planners and politicians to step in https://www.thetimes.co.uk/article/a-planners-perspective-home-working-must-be-built-into-the-future-0llg07bf0
- 15 Irish houses you could make your own for less than €100,000 https://www.irishmirror.ie/lifestyle/homes-and-property/15-irish-houses-you-could-23593670.amp
- Moving to a right-sized home: What are your options? https://www.irishtimes.com/business/personal-finance/moving-to-a-right-sized-home-what-are-your-options-1.4497996?mode=amp
- Over €8.1m announced for Cork housing adaption grants https://www.echolive.ie/corknews/arid-40235693.html
- 33% fail rate for Cork city HAP properties inspected in 2020 https://www.echolive.ie/corknews/arid-40238576.html
- Generation rent: Five key wellbeing questions to add to your checklist | BreakingNews.ie https://www.breakingnews.ie/lifestyle/generation-rent-5-key-wellbeing-questions-to-add-to-your-checklist-1089604.html
- Property Focus: The lure of Limerick brings locals home https://www.irishexaminer.com/property/residential/arid-40232909.html
- NUI Galway researchers caution over retrofitting and radon – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/nui-galway-researchers-caution-over-retrofitting-and-radon/
- Increase in Carlow and Kilkenny tenants complaining about landlords retaining deposits https://kclr96fm.com/increase-in-carlow-and-kilkenny-tenants-complaining-about-landlords-retaining-deposits/
- Irish dad raffling off stunning home for €11 and the interesting reason why https://www.irishmirror.ie/lifestyle/homes-and-property/irish-dad-raffling-stunning-co-23580859.amp
- What’s it like when a dream home’s a top prize in a raffle? https://www.irishexaminer.com/property/homeandoutdoors/arid-40238858.html
- See How This Designer Turned a Rarely Used Room Into a Functional Home Office, on a Budget https://www.housebeautiful.com/room-decorating/home-library-office/a35702152/chris-bletzer-office-conversion/
- Hush. This €1.75m Irish hideaway’s location is top secret – Even serious buyers will be told only the eircode of this new home on a wooded estate near Marlay Park in south Dublin https://www.thetimes.co.uk/article/hush-this-1-75m-irish-hideaways-location-is-top-secret-6ngb9jzmc
COMMERCIAL PROPERTY NEWS
- Dublin most popular city for Brexit relocations by financial firms https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/economy/dublin-most-popular-city-for-brexit-relocations-by-financial-firms-1.4498397?mode=amp
- Brexit boost to demand for industrial property; CBRE https://amp.rte.ie/amp/1199950/
- Investors eye purchase of €78m worth of Dublin logistics assets https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/commercial-property/investors-eye-purchase-of-78m-worth-of-dublin-logistics-assets-1.4499228?mode=amp
- ‘Shocking’ retail sales figures strengthen calls for reopening the economy, industry says: New figures from the Central Statistics Office detail the toll the pandemic and its consequent lockdowns have had on traders https://www.irishexaminer.com/business/economy/arid-40235798.html
- Retailers affected by the pandemic negotiate rental discounts of up to 20pc: Covid-19 has wreaked havoc on a significant proportion of street retailers https://amp.independent.ie/business/commercial-property/retailers-affected-by-the-pandemic-negotiate-rental-discounts-of-up-to-20pc-40142371.html
- Quadrant’s Irish unit writes off €132m of its outstanding loans https://amp.independent.ie/business/irish/quadrants-irish-unit-writes-off-132m-of-its-outstanding-loans-40160932.html
- Primary Health Properties buys Dublin care centre for €3.8m https://amp.independent.ie/business/irish/primary-health-properties-buys-dublin-care-centre-for-38m-40149898.html
- Cushman & Wakefield to handle sale of €380m stake in Facebook’s Dublin 4 HQ https://www.irishtimes.com/business/commercial-property/cushman-wakefield-to-handle-sale-of-380m-stake-in-facebook-s-dublin-4-hq-1.4499311?mode=amp
- TIO secures Blueface as tenants at North Dock Two https://www-irishtimes-com.cdn.ampproject.org/c/s/www.irishtimes.com/business/commercial-property/tio-secures-blueface-as-tenants-at-north-dock-two-1.4495942?mode=amp
- Blanchardstown Centre primes food offering for post-Covid shopping spree https://www.irishtimes.com/business/commercial-property/blanchardstown-centre-primes-food-offering-for-post-covid-shopping-spree-1.4498022?mode=amp
- Prime pitch on Galway’s Shop Street guiding at €1.6m https://www.irishtimes.com/business/commercial-property/prime-pitch-on-galway-s-shop-street-guiding-at-1-6m-1.4498217?mode=amp
- Call for action over vacant Limerick store before €9.1 revitalisation works begin https://www.limerickleader.ie/news/home/613650/call-for-action-over-vacant-limerick-store-before-9-1-revitalisation-works-begin.html
- Eason in fresh rent row with Athlone landlord https://www.irishtimes.com/business/retail-and-services/eason-in-fresh-rent-row-with-athlone-landlord-1.4497483?mode=amp
- Letting market ‘a total scramble’ as farmers from all sectors vie for land – In excess of €200/ac per annum is being paid for leases in the midlands and north Leinster https://amp.independent.ie/business/farming/farm-property/letting-market-a-total-scramble-as-farmers-from-all-sectors-vie-for-land-40143754.html
- Dundalk has Louth’s highest vacancy rate for business premises: Commercial property report has stark findings for town https://amp.independent.ie/regionals/argus/news/dundalk-has-louths-highest-vacancy-rate-for-business-premises-40141335.html
- Shannon Knights closure marks the end of an era https://www.clareecho.ie/shannon-knights-closure-marks-the-end-of-an-era/
- Plan to amalgamate Forster Court Hotel with former tourist office – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/plan-to-amalgamate-forster-court-hotel-with-former-tourist-office/
- Supermac’s boss revealed as owner of Nama land https://www.thetimes.co.uk/article/supermacs-boss-revealed-as-owner-of-nama-land-lvhc9fvwb
INTERNATIONAL PROPERTY NEWS
- Planning and Housing Landscape Review – Executive Summary: Geospatial data, or location data, comprises attribute data that is tied to a specific location. Over recent years there has been a huge increase in the volume and quality of location data that can be gathered and combined with other sources of information, helping inform decision making. The recent Geospatial Data Market Study highlights how the UK geospatial data market has been transformed through the evolution of data collection mechanisms. https://www.gov.uk/government/publications/independent-housing-and-planning-location-data-review/planning-and-housing-landscape-review-executive-summary
- Why can’t we build better quality homes in Britain? https://www.thetimes.co.uk/article/why-cant-we-build-better-quality-homes-in-britain-0gw2rxklq
- Construction report highlights skills gap in the sector https://www.buildersmerchantsnews.co.uk/Construction-report-highlights-skills-gap-in-the-sector/50732
- Taylor Wimpey sets aside £125m to improve fire safety in apartment blocks https://www.theguardian.com/business/2021/mar/02/taylor-wimpey-fire-safety-apartment-blocks-cladding
- Lime unveils new ebike as part of $50 million investment to expand to more 25 cities – TechCrunch https://techcrunch.com/2021/02/28/lime-unveils-new-ebike-as-part-of-50-million-investment-to-expand-to-more-25-cities/
- Ousted WeWork Co-Founder Adam Neumann Set To Get $50 Million Settlement https://www.celebritynetworth.com/articles/entertainment-articles/ousted-wework-co-founder-adam-neumann-set-to-get-50-million-settlement/
- The World’s First Space Hotel to Open in 2027: The Voyager Station, which would accommodate 280 guests, aims to be the first commercial space hotel upon completion https://www.architecturaldigest.com/story/worlds-first-space-hotel-open-2027
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/