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:
- Less than 25% of construction workers expected to return on Monday https://amp.irishexaminer.com/breakingnews/ireland/less-than-25-of-construction-workers-expected-to-return-on-monday-999917.html
- Housing tops agenda in government formation talks https://amp.breakingnews.ie/ireland/housing-tops-agenda-in-government-formation-talks-998955.html
- Revenue extends payment date for property tax https://www.irishtimes.com/business/economy/revenue-extends-payment-date-for-property-tax-1.4252552?mode=amp
- Worst of fall-off in building over, but questions remain – Independent.ie https://amp-independent-ie.cdn.ampproject.org/c/s/amp.independent.ie/business/irish/worst-of-fall-off-in-building-over-but-questions-remain-39195334.html
- Beagel Covid-19 Property Market Impact Report – https://propertydistrict.ie/beagel-io-covid-19-market-impact-report/
- How will Covid-19 impact upon land sales and prices? https://www.agriland.ie/farming-news/how-will-covid-19-impact-upon-land-sales-and-prices/
- Social housing construction failed to meet target in 2019 https://www.echolive.ie/nationalnews/Social-housing-construction-failed-to-meet-target-in-2019-c5bf6b9f-52a8-4813-8479-f7315b271d25-ds
- Housing Groups Express Concern Over Move to Deal with Tenancy Hearings on Paper https://dublininquirer.com/2020/05/13/housing-groups-express-concern-over-move-to-deal-with-tenancy-hearings-on-paper
- UK commercial rent deals will be more closely linked to footfall and turnover after the crisis, landlords believe.
- Urban Design Group publishes guide to fast-track street changes
- Ex-Grafton chairman Michael Chadwick in row over Ires Reit’s virtual annual meeting:
Former Grafton Group chairman Michael Chadwick has written to the board of Ires Reit, the residential real estate company, expressing his concerns that plans to hold an annual meeting without shareholders present may be illegal.
Chadwick, who tried in the High Court to prevent Grafton from holding its annual meeting without shareholders in attendance, believes the move is a violation of his rights as an Ires shareholder and alleges it contravenes the Companies Act.
A number of companies including AIB and CRH have held virtual annual meetings, saying Covid-19 restrictions prohibit such gatherings. Others, however, including Total Produce and PTSB have simply postponed meetings until later this summer: https://www.thetimes.co.uk/article/ex-grafton-chairman-michael-chadwick-in-row-over-ires-reits-virtual-annual-meeting-2wdb5n25l
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 email@example.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!)
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.
Property Matters, May 12th, 2020: Sherry FitzGerald, Safety Freelancer & Beagel.io
Joining us on #PropertyMatters this week are Graham Murray, Regional Director with Sherry FitzGerald; Gavin Coyle, CEO & Founder of Safety Freelancer; and Healy Hynes, Founder of Beagel.io, to discuss residential market activity during the pandemic, the changed safety landscape for the construction industry and proptech innovating property bidding .
Listen back here: https://ipropertyradio.com/property-matters-12th-may-2020-sherry-fitzgerald-beagel-io-safety-freelancer/
Listen back to all #PropertyMatters episodes here: https://ipropertyradio.com
Email the Property Matters team at hello@iPropertyRadio.com
PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT
- Council fought with real estate giant over funding for €130m cultural quarter – Dublin City accused Kennedy Wilson of failing to provide key information on Parnell Square development
- OPR: Communications Toolkit for Public Consultation | PLACEengage
In recent days, the Office of the Planning Regulator (OPR) published a communications toolkit to push public consultation in the development and planning process. This toolkit offers “tips, advice and practical suggestions” to get people informed and interested…
Read more: https://placeengage.com/opr-communications-toolkit-for-public-consultation/
- How is Matt Damon’s experience of the place and the people likely to impact property prices in Dalkey…?!
Matt Damon in Dalkey: Star breaks cover for surprise lockdown interview https://www.irishtimes.com/culture/tv-radio-web/matt-damon-in-dalkey-star-breaks-cover-for-surprise-lockdown-interview-1.4252413?mode=amp
- Planning Conference 2020
- Court discretion in striking out settled cases concerning European Union Law – Dempsey -v- An Bord Pleanála  825 JR – Lexology
On 26 September 2019, An Bord Pleanála granted development consent to Ardstone Homes Limited (”the Developer”) permitting the construction of 366 dwellings in Clane, County Kildare. This decision was challenged by the Applicants, who own and occupy houses within the vicinity of the proposed development project.
The permission was granted under the Strategic Housing Development system, whereby an application is made directly to An Bord Pleanála for consent following a pre-application consultation procedure. This pre-application consultation does not involve public participation. Public participation is provided for once the main application is made to the Board.
- Part of Dun Laoghaire shopping centre to be turned into primary care centre – Coltard, the centre’s operator, wants to turn the third floor into a medical facility:
- Priority to be given to cyclists and pedestrians: Dublin City Council says it will “deal” with any legal challenges to proposed restrictions on private cars in the city centre with more space and priority to be given to cyclists and pedestrians.
The plan is part of efforts to allow for social distancing in the city with footpaths already being widened by closing off parking and loading bays.
Chief executive Owen Keegan said details of further plans will be ready in a couple of weeks which could involve a ban on motorised vehicles in some areas after 11am and the temporary pedestrianisation of the College Green area.
- Strategic housing development refused permission over environmental issues:
The development at Canal Bank, Corbally would have comprised seven separate blocks of build-to-rent and student apartments, ranging in height from six to 10 storeys and containing 442 residential units.
Limerick solicitor Michelle Hayes, partner in local firm Hayes Solicitors and president of Environmental Trust Ireland, lodged an objection to the development with An Bord Pleanála.
Welcoming the decision to refuse planning application, Ms Hayes said: “The sheer scale and density of these shoebox built-to-rent apartments in this COVID-19 pandemic crisis is completely inappropriate, where social distancing is paramount to ensuring the health and safety of residents.
- FAST URBAN CHANGE FOR LIFE-SAVING STREETS | Urban Design Group http://www.udg.org.uk/content/fast-urban-change-life-saving-streets
- Consultation on housing Dublin homeless would be ‘controversial and divisive’ | Ireland | The Times https://www.thetimes.co.uk/article/consultation-on-housing-dublin-homeless-would-be-controversial-and-divisive-fn009lhbk
- Dublin City Council CEO Hopeful White-water Rafting Plan Can Go Ahead | www.98fm.com https://www.98fm.com/news/dublin-city-council-ceo-hopeful-white-water-rafting-plan-can-go-ahead-1014322
- Application to allow partial use of student block at former Westwood Hotel for tourists – Galway Bay FM https://galwaybayfm.ie/galway-bay-fm-news-desk/application-to-allow-partial-use-of-student-block-at-former-westwood-hotel-for-tourists/
- Dublin By Numbers: Everything you need to know before moving to Rush or Lusk https://www.dublinlive.ie/news/property/dublin-numbers-everything-you-need-18241177
*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
- How will the construction sector reopen after Covid-19 lockdown?
Will it be business as usual?
“No. There will be an easing-in period where larger construction projects will stagger the number of workers on site.
From the reopening date a site previously with 100 workers may start back with just 20 to ensure physical distancing of 2m between people. It can gradually build up to 30, then 50 on site…”
- Varadkar says indoor construction such as home renovations will not be permitted during Phase One https://www.thejournal.ie/indoor-outdoor-construction-phase-one-covid-19-5100123-May2020/
- Industry expected to take 12 months to recover – Construction Industry Federation https://cif.ie/2020/05/11/industry-expected-to-take-12-months-to-recover/
- *Critical reading – The CIF Key Guidance Notes for the Construction Sector: https://cif.ie/2020/04/27/the-cif-key-guidance-notes-for-the-construction-sector/Irish
- IHBA Webinar – Construction Industry Federation https://cif.ie/2020/05/12/ihba-webinar/
- The economics of construction: Can Ireland’s building industry financially navigate Covid-19 restrictions? | The Currency
‘Covid is causing three problems for construction companies. The first is the cash-straining shutdown itself. The second is a giant negotiation over social distancing on crowded sites. The third is the prospect of much less investment in the coming years.
As I’ve written before, profit margins are tight in the construction industry. The eight biggest Irish general contractors made an average net margin of 1.8 per cent in 2018. Specialist subcontractors like mechanical engineers made 4.4 per cent. There’s not a lot of fat to cut.
Narrow margins mean every job is precariously balanced, and could easily turn into a money-loser…’
- Fights, provocation and high fashion: The bitter dispute that almost tore the Kavanagh property empire apart | The Currency https://www.thecurrency.news/articles/17164/alterations-provocation-and-a-fashion-start-up-how-a-bitter-dispute-almost-tore-the-kavanagh-family-property-empire [This is covered in all of the main broadsheets today and much of the coverage is anecdotal or gossip-ridden so I am not including it in the Round-Up.]
- Safe return to on-site working raises many questions: Developers are keen to get back to business, with residential sector making up the majority of projects set to restart:
- Building yet to begin on most fast-tracked large-scale housing projects:
Sinn Féin’s housing spokesman calls for the government to ‘get tough’ with developers:
- Construction Information Services Round-up: A weekly guide to the biggest building projects nationwide
- Cairn Homes to reopen 15 sites on a phased basis https://www.rte.ie/news/business/2020/0514/1138322-cairn-homes-reopening-sites/
- Mulryan’s Ballymore gets green light for 435 apartments on Royal Canal https://amp.independent.ie/business/mulryans-ballymore-gets-green-light-for-435-apartments-on-royal-canal-39203485.html
- Cork County Council seeking 12-month extension of expiring planning permissions https://www.echolive.ie/corknews/Cork-County-Council-seeking-12-month-extension-of-expiring-planning-permissions-aa756701-9341-4f62-b047-65d7c39e4ed8-ds
- Architect: ‘Chicken and egg planning’ guidelines stopping housing developments https://www.irishexaminer.com/breakingnews/ireland/architect-chicken-and-egg-planning-guidelines-stopping-housing-developments-999273.html
- Finance firm says property sector set to reboot as Waterford project is fully funded in just 24 hours https://www.irishexaminer.com/breakingnews/business/finance-firm-says-property-sector-set-to-reboot-as-waterford-project-is-fully-funded-in-just-24-hours-999595.html
- Transport Infrastructure Ireland and locals express concern over 29-storey tower plan for Dublin: State agency Transport Infrastructure Ireland (TII) and local residents have expressed concerns over fast-track plans by developer Joe O’Reilly to construct a 29-storey landmark tower near Heuston Station, Dublin.
Earlier this year, Mr O’Reilly’s Ruirside Development lodged plans to construct 481 build-to-rent apartments and 3,698 sq m of commercial office space along with retail and restaurant space at Parkgate Street.
The plan consists of five separate blocks ranging from eight to 29 storeys in height that will accommodate 1,100 residents.
- Dorset Street flats to be demolished under €65m plan – https://dublingazette.com/news/news-city-edition/dorset-street-flats-to-be-demolished-under-e65m-plan/
- Ireland’s First Media Park Set for South Dublin County:
South Dublin County Council has agreed to the sale of 48 acres at Grange Castle Business Park to Lens Media Limited for the construction of Ireland’s first full-service media park: https://www.sdcc.ie/en/news/irelands-first-media-park-set-for-south-dublin-county.html
- Council urged to reject selling recycling centre before bin collection decision https://www.dublinlive.ie/news/dublin-news/dublin-council-urged-reject-sale-18231627
- Dunnes objects to proposed Tallaght Square extension – Letter from the supermarket giant raised concerns that 251 car parking spaces would be lost
- Developer Johnny Ronan looks to build exclusive estate on site beside Wicklow motorway https://wicklownow.ie/news/developer-johnny-ronan-looks-to-build-exclusive-estate-on-site-beside-wicklow-motorway/
- LATEST: Dozens of homes with solar panels for Prosperous in massive €7m project – Leinster Leader https://www.leinsterleader.ie/news/home/542801/latest-dozens-of-homes-with-solar-panels-for-prosperous-in-massive-7m-project.html
- Application to increase size of Lough student apartments https://www.irishexaminer.com/breakingnews/ireland/application-to-increase-size-of-lough-student-apartments-999530.html
- Limerick riverside housing plan scuppered by otters https://www.limerickleader.ie/news/home/542163/limerick-riverside-housing-plan-scuppered-by-otters.html
- Primary Care Centre plans for Oranmore submitted to the council
- Fresh application for major Carcur housing plan consisting of 413 units https://m.independent.ie/regionals/wexfordpeople/news/fresh-application-for-major-carcur-housing-plan-consisting-of-413-units-39197503.html
- 314 New Homes In Naas Given The Green Light By An Bord Pleanala:
Cairn Homes Properties Limited applied directly to the national planning unauthority, under the Strategic Housing Development mechanism.
It sought leave for the demolition of an agricultural building, the construction of 208 house, 106 apartments and a childcare facility on two parcels of land located to the east and west of the Devoy Link Road.
ABP has approved the application.
- Planning permission sought for 36 new Thurles houses https://www.tipperarylive.ie/news/thurles/541985/planning-permission-sought-for-36-new-thurles-houses.html
- Chadwicks Group announces reopening of branches in Galway https://connachttribune.ie/chadwicks-group-announces-reopening-of-branches-in-galway/
PROPTECH, MMC & CONSTRUCTION INNOVATION
- Proptech Ireland is updating the database of 2020 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 *
- Proptech & Covid-19: Is Technology Driving Real Estate Online
‘Earlier this month, Proptech Ireland founder, Carol Tallon, delivered a global webinar for PropIT (Dubai).
This presentation was due to be delivered in person, however, due to ongoing Covid-19 restrictions, the live event (and global proptech pitch competition) was cancelled and a number of the planned keynote talks have now been delivered online and are available to watch back…’
- Just ignore the “Post lockdown, tech-led innovations” bit: Zoom time for the property market – how tech-led innovations may change how we buy and sell: Sellers are giving guided tours of their homes live on video calls, and there’s a host of new online offerings. Post lockdown, tech-led innovations may change the way we buy and sell forever
- Youbid.ie to launch its first monthly live-streamed auction: Six three-bed duplex units, a student village apartment and two-bedroom unit all on offer in opening auction this week:
- What’s Next For Construction And Contech After Covid-19? https://www-forbes-com.cdn.ampproject.org/c/s/www.forbes.com/sites/angelicakrystledonati/2020/05/13/whats-next-for-construction-and-contech-after-covid-19/amp/
- This year’s Colliers Proptech Accelerator program postponed to 2021 due to COVID-19 | BetaKit https://betakit.com/this-years-colliers-proptech-accelerator-program-postponed-to-2021-due-to-covid-19/
- Mott MacDonald develops VR toolkit for industry: Engineering firm Mott MacDonald has launched a visualisation toolkit aimed at tier one contractors and their supply chains.
- Onsite safety innovation – A safe descent for those in need:
“ Think of working safely at height: edge protection systems and scaffolding, mobile working platforms and edge restraints probably pop up in your mind. You might think of systems doing their job. Of harnesses and nets stopping falls and preventing injury. Of lives saved because of them. Rarely do you think of casualty recovery…”
- The PropTech Solution to Aging | Propmodo https://www.propmodo.com/the-proptech-solution-to-aging/
- Research Shows Optimism Around PropTech In Surveying https://www.twinfm.com/article/research-shows-increasing-optimism-around-proptech-in-surveying
- How IT investment can pay off for construction https://www.constructionnews.co.uk/tech/how-it-investment-can-pay-off-for-construction-13-05-2020/
- New PropTech company launches unique income risk indices and 10-year risk forecasts for Commercial Real Estate market | The Fintech Times https://thefintechtimes.com/new-proptech-company-launches-unique-income-risk-indices-and-10-year-risk-forecasts-for-commercial-real-estate-market/
- Universal Credit: New system allows landlords to request direct rent payments:
Universal Credit: New system allows landlords to request direct rent payments
- PropTech tool monitors transactions + New Viewber partnership
- PropTech Innovation Award: Every finalist a winner https://www.property-magazine.eu/proptech-innovation-award-every-finalist-a-winner-54603.html
- VCs explain which proptech startups will do well post-coronavirus – Business Insider https://www.businessinsider.com/proptech-winners-and-losers-post-coronavirus-pandemic-vcs-2020-5?r=US&IR=T
- Three new proptech offerings to help landlords navigate coronavirus https://www.buyassociation.co.uk/2020/05/15/three-new-proptech-offerings-help-landlords-navigate-coronavirus/
- 5 predictions for the future of residential property rental https://m.bizcommunity.com/Article/196/568/203911.html
OTHER PROPERTY NEWS
- In The Sunday Times today: Landlords aim to join local authority long-term lease scheme after lockdown:
Dublin city council has seen a “significant” increase in the number of applications from landlords for the long-term leasing initiative since Ireland went into lockdown. Applications for more than 200 houses and apartments have been received since March 1.
The local authority received 865 proposals for the scheme in 2019, of which 235 were for single homes. The rest were for muiti-unit developments.
Under the initiative, councils and housing bodies lease properties from owners for 10 to 25 years and let them to people on the social housing list. The local authority becomes the landlord, maintains the interior of the property and pays between 80% and 85% of the open-market rent.
Read more: https://www.thetimes.co.uk/edition/ireland/landlords-aim-to-join-local-authority-long-term-lease-scheme-after-lockdown-b88hd6kp9
- Kennedy Wilson and Fairfax move in on Irish commercial mortgages:
Kennedy Wilson and Fairfax, two north American investment companies that profited hugely from depressed asset prices in Ireland following the financial recession, have set up a $2bn (€1.8bn) investment fund to target commercial mortgage opportunities here, the west coast of America and Britain.
- Property prices rise slightly in March but Covid impact expected https://amp.breakingnews.ie/ireland/property-prices-rise-slightly-in-march-but-covid-impact-expected-999521.html
- Property market: Is now the time to buy? https://www.irishtimes.com/life-and-style/homes-and-property/property-market-is-now-the-time-to-buy-1.4251536?mode=amp
- Irish Residential Market Review, Spring 2020 https://www.sherryfitz.ie/research/irish-residential-market-review–spring-2020
- Banks set to squeeze lending to households further https://m.independent.ie/business/personal-finance/banks-set-to-squeeze-lending-to-households-further-39206326.html
- Report shows 40% more rental properties available https://www.rte.ie/news/ireland/2020/0512/1137857-rents-housing/
- Rents fell 2% in April as number of homes to let rose sharply, says Daft.ie https://www.irishtimes.com/business/economy/rents-fell-2-in-april-as-number-of-homes-to-let-rose-sharply-says-daft-ie-1.4250566?mode=amp
- Rents in Cork city now 95% higher than recession https://www.echolive.ie/corknews/Rents-in-Cork-city-now-95-higher-than-recession-9253a825-4998-4642-b896-b8672049c677-ds
- Landlords who repeatedly flout tenancy laws free to keep letting:
More than 30 private landlords have had 10 or more cases taken against them by different tenants for issues such as withholding deposits, unlawful evictions and poor living conditions, Independent.ie can reveal.
An analysis of disputes lodged with the Residential Tenancies Board (RTB) over the past six years shows how a cohort of landlords continue to rent despite consistently breaching tenancy laws, with some not paying money owed to renters after the RTB found against them.
A Co Monaghan landlord has been ordered by the RTB to pay more than €44,000 to a number of tenants for unlawfully ending tenancies and keeping security deposits.
- An Post mortgage plans delayed by Covid-19 crisis https://www.irishtimes.com/business/financial-services/an-post-mortgage-plans-delayed-by-covid-19-crisis-1.4249853?mode=amp
- We have gone sale agreed on a house, but should we go through with it? https://www.irishtimes.com/life-and-style/homes-and-property/we-have-gone-sale-agreed-on-a-house-but-should-we-go-through-with-it-1.4248445?mode=amp
- We are mid-refurb, can work on our house be deemed essential? https://www.irishtimes.com/life-and-style/homes-and-property/we-are-mid-refurb-can-work-on-our-house-be-deemed-essential-1.4248439?mode=amp
- What are tax implications for the sale of foreign property undeclared to Revenue? https://www.irishtimes.com/business/personal-finance/what-are-tax-implications-for-the-sale-of-foreign-property-undeclared-to-revenue-1.4250590?mode=amp
- Want to rescue an Irish ruin? It’s not an impossible dream https://www.irishtimes.com/life-and-style/homes-and-property/want-to-rescue-an-irish-ruin-it-s-not-an-impossible-dream-1.4251431
- Hunters estate agent closes flagship Dublin 4 branch:
“The Hunters’ branch closure is unlikely to be isolated among estate agents in the wake of the coronavirus crisis. Property providers paying high rents on multiple premises have for months been managing and conducting their businesses entirely online. Newer digital ways of doing business are gaining traction and some costly “bricks and mortar” overheads are bound to be under review once normal working practices resume.”
- Final phase of Priory Hall rebirth poised to launch https://m.independent.ie/life/home-garden/homes/final-phase-of-priory-hall-rebirth-poised-to-launch-39207097.html
- Rents and capital values expected to fall in all commercial sectors – Independent.ie https://m.independent.ie/business/commercial-property/rents-and-capital-values-expected-to-fall-in-all-commercial-sectors-39204694.html
- SeaPoint Capital pays €4.7m for Dublin city apartments https://www.irishtimes.com/business/commercial-property/seapoint-capital-pays-4-7m-for-dublin-city-apartments-1.4251512?mode=amp
- Iput buys Aviva stake in landmark Dublin office Riverside One https://www.irishtimes.com/business/commercial-property/iput-buys-aviva-stake-in-landmark-dublin-office-riverside-one-1.4254609?mode=amp
- Matheson signs new lease on Dublin docklands HQ https://www.irishtimes.com/business/commercial-property/matheson-signs-new-lease-on-dublin-docklands-hq-1.4251683?mode=amp
- Iput seeks tenants for new units at Dublin’s Aerodrome Business Park https://www.irishtimes.com/business/commercial-property/iput-seeks-tenants-for-new-units-at-dublin-s-aerodrome-business-park-1.4250360?mode=amp
- Hi-spec south Dublin industrial facility seeks €2.5m https://www.irishtimes.com/business/commercial-property/hi-spec-south-dublin-industrial-facility-seeks-2-5m-1.4248882?mode=amp
- WeWork tenants form Dublin group to push for rent deal during coronavirus – A number of Dublin-based tenants of WeWork, a multinational flexible workspace company, have formed a group to negotiate rent payments with the firm. WeWork has four open buildings and 7,000 members in Dublin. It is believed to be one of the city’s largest providers of office space.
- IT companies dominate Cork office acquisitions in the first quarter | IrishExaminer.com https://amp-irishexaminer-com.cdn.ampproject.org/c/s/amp.irishexaminer.com/breakingnews/business/it-companies-dominate-cork-office-acquisitions-in-the-first-quarter-998474.html
- Office take-up in Dublin may be half this year’s forecast due to Covid-19:
In contrast, Cork city has c 46,000 sq m, or c 500,000 sq ft of offices under construction with a number of deals secured on new stock, and/or in advanced negotiation.
BNP this week note “a standstill’ in the Dublin office pipeline, with a slowing of demand as companies review lease agreements and future needs, and will base future decision or reviews of productivity among other issues, as well as “a reduction in the completion of already advanced lease negotiations.
In addition, space requirements in the initial search phase have been halted until the situation has re¬turned to normal or at least some of the lockdown measures have been relaxed.”
- Let’s build on what we’ve learned during lockdown: Many of us have achieved a new life balance that might just be the real ‘new normal’ – Sharyn McAndrew of Savills, writing in the Business Post today
- Dublin printing firm Reads takes landlord to court over access to premises during redevelopment https://www.irishexaminer.com/breakingnews/ireland/dublin-printing-firm-reads-takes-landlord-to-court-over-access-to-premises-during-redevelopment-999587.html
- O’Leary’s CEO role at housing agency is extended https://m.independent.ie/business/personal-finance/property-mortgages/olearys-ceo-role-at-housing-agency-is-extended-39204661.html
- Following a management buyout last week, QRE appoints two new names to top team: Paul McElearney and Bryan Garry will form half of a four-person management team at the commercial property firm. https://www.businesspost.ie/commercial/consultant-qre-appoints-two-new-names-to-top-team-77b1f737
INTERNATIONAL PROPERTY NEWS
- Housing market in England to reopen for ‘socially distanced’ property viewings: Estate agents back to work on Wednesday as new laws permit key house-hunting activities https://www.theguardian.com/money/2020/may/12/housing-market-in-england-to-reopen-for-socially-distanced-property-viewings
- UK Government backs new industry guide to avert disputes https://www.constructionenquirer.com/2020/05/11/government-backs-new-industry-guide-to-avert-disputes
- The government’s plan to leave lockdown: 10 things that will impact construction https://www.building.co.uk/news/the-governments-plan-to-leave-lockdown-10-things-that-will-impact-construction/5105937.article
- We’re facing 75% fall in retail rent, Landsec warns https://www.thetimes.co.uk/article/were-facing-75-fall-in-retail-rent-landsec-warns-kgxh2wv68
- Notes on Buying Your First Home in an Economic Crisis https://www.consumerreports.org/buying-a-home/best-time-to-buy-your-first-home/
- The Middle East’s top construction contracts of March 2020 https://www.constructionweekonline.com/projects-and-tenders/264956-the-middle-easts-top-construction-contracts-of-march-2020
- The World’s Largest Public Real Estate Companies 2020 https://www.forbes.com/sites/samanthasharf/2020/05/13/the-worlds-largest-public-real-estate-companies-2020/#3855f78762f4
- Architecture: four ideas from history that offer healthier design https://theconversation.com/architecture-four-ideas-from-history-that-offer-healthier-design-134261