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Irish property market news and insights – for the industry, by the industry  

 

 

*I was delighted to sign in support of this campaign for better public procurement processes at https://www.wecanbuildbetter.org/ – please take a few minutes to read through the website, sign if you support it and perhaps add your comments and industry experience to this.

 

 

As expected, the broadsheets are dominated by coverage of Covid-19 (special mention to the Sunday Independent the editorial team manged to squeeze it into every story – the effects of the virus on political negotiations, business, start-ups, personal finance etc). The Business Post has a positive spread on the growing representation of women in property and constuction in honour of International Women’s Day 2020 – as our business was female-founded and remains female-led with 80% female staff, we live this stuff every day so perhaps it is more appropriate for us to acknowledge the men of the industry who have gone out of their way to support and push Property District… Whatever your gender, we appreciate your support. 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: 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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@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

 

 

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). Seasoned political 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. Produced by Katie Tallon of Hear Me Roar Media

 

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

 

This week on Property Matters: Construction Reputation & Property Brand Management in the Digital Age

Topics discussed included: Reputation management, social media as an extension of brand and why this is important for business development, crisis communications, community engagement and public consultation in an era of serial objectors and populism.

 

Listen back here: https://anchor.fm/ipropertyradio/episodes/Property-Matters–March-3rd-2020–Construction-Reputation–Property-Brand-Management-in-the-Digital-Age-eb9eog

 

 

 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

  • ‘Tens of thousands of homes under threat’ by Gavin Daly in the Sunday Times: Plans for almost 31,000 houses, apartments in student accommodation spaces could be affected by a challenge to the fast-track residential planning system by three residents of Ballsbridge inDublin.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*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

 

 

  • ‘Donohoe was warned BAM could sue over children’s hospital’ by  Peter O’Dwyer in the Business Post today.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Planning permission granted for recycling facility at old Atlantic factory site in Clondra: Conditional planning permission has been granted to develop a major recycling facility at the site of the old Atlantic Mills factory in Clondra, just outside Longford town.

    Letters have been issued this morning confirming that plans to develop a recycling and processing facility have been approved subject to 16 conditions
    https://www.shannonside.ie/news/local/longford/atlantic-clondra-factory-recycling/

 

 

 

 

 

 

PROPTECH, MMC & CONSTRUCTION INNOVATION

 

 

  • 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 * 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • GoReport is working with the Royal Institution of Chartered Surveyors (RICS), Society of Chartered Surveyors Ireland (SCSI) and The Survey Association (TSA) on a PropTech survey that will help provide intelligence on a range of issues such as levels of adoption, skills gap and challenges that may exist. The responses will help shape the future support, training and information that can be made available.


    PropTech Survey 2020 https://lnkd.in/dCQccMf 

 

 

 

OTHER PROPERTY NEWS

 

 

  • As the discussions about forming a government continue, the financial constraints, invisible during a carefree election campaign, are closing in. There is already evidence of a tourism slowdown due to the coronavirus. It was never guaranteed, anyway, that the next government would be awash with tax revenue and spending options. The incoming team, whatever its composition, will have to make choices, which means that affordable projects will have to take priority over the visionary stuff.

    During the election there were promises of extensive rail-based public transport schemes, including light rail in provincial cities, a high-speed link all the way from Belfast to Cork and several underground tram and rail routes for Dublin…
    https://amp.independent.ie/opinion/comment/should-central-government-take-control-of-planning-in-our-cities-39024618.html

 

  • Also in the Sunday Independent today: The original holding company for the four-star Co Donegal hotel Harvey’s Point has been placed into members voluntary liquidation, with net assets worth nearly €9.1m, Ergo has learnt. This is a technical move following its sale. In a recently submitted filing with Companies Registration Office, the original company was wound up with assets worth €9.7m and liabilities worth nearly €650,000.
    https://amp.independent.ie/business/irish/harveys-point-assets-move-to-austrian-owner-after-sale-39023913.html

 

 

  • In The Sunday Times – Revealed: how Michael McDowell took a bath on UK property deal: Senator Michael McDowell, a former attorney general and justice minister, has declared an interest in a property syndicate that made big losses on a commercial property deal in London.

    McDowell and his wife, Niamh Brennan, a lecturer in corporate governance at UCD, invested in a 2006 fund set up to buy 33 Old Broad Street in London, which is described as a “landmark office building in the City of London”. The investment is included in his annual Seanad register of interests.
    https://www.thetimes.co.uk/article/revealed-how-michael-mcdowell-took-a-bath-on-uk-property-deal-w9p7st7wp

 

  • US group Cortland to forward-fund Johnny Ronan’s Spencer Place; Cortland, a US group that owns thousands of rental apartments, is finalising a €250m deal to forward-fund more than 470 apartments being built by developer Johnny Ronan at Spencer Place in the Dublin docklands.

    Property sources said Atlanta-based Cortland had agreed a deal to fund and acquire the apartments at the Spencer Place site, which will also house a hotel and headquarters for software group Salesforce. Spencer Place is being developed by Ronan Group Real Estate (RGRE) and US funder Colony Capital.

    https://www.thetimes.co.uk/edition/ireland/us-group-cortland-to-forward-fund-johnny-ronans-spencer-place-lnm7w3xx7

 

 

  • Also in the Business Post, recently-appointed MD of Lisney is the featured executive interview this week; he speaks about the importance of earning respect and credits the team for his success to date.

 

 

 

 

 

 

 

 

 

 

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