Sunday Property Round-Up May 23rd, 2021

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: 

 

 

 

 

 

  • Michael Brennan: Does significant change in housing policy go far enough? Government tackles crisis through tax and planning policy, but it will take some time to gauge effectiveness of new approach https://www.businesspost.ie/houses/michael-brennan-does-significant-change-in-housing-policy-go-far-enough-d0c37f9c

 

 

 

 

  • Also, State paid over €200m towards homes bought by *INSTITUTIONAL funds [*incorrect terminology removed]: HBFI’s decision to approve loans for homes already sold to institutional funds was “an appalling use” of public money. “HBFI was established to fill a gap in the financing market for homes. Its mission was to fund small- and medium-sized builders to deliver mid-priced homes. For HBFI to fund large institutional developers is a clear breach of its original mission,” https://www.businesspost.ie/houses/state-paid-over-eur200m-towards-homes-bought-by-cuckoo-funds-564e90ff?auth=login

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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!)

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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. *Listen back to all shows at: https://ipropertyradio.com/property-matters/   https://youtu.be/IUDBPDvo5P0     https://youtu.be/UV9bAE4gNFI       https://youtu.be/_rObVnI9vEo Email the Property Matters team at info@propertydistrict.ie   

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

 

 

 

 

 

 

 

 

 

 

 

 

*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* https://www.youtube.com/watch?v=rdwwKy4MA_4

CONSTRUCTION & DEVELOPMENT NEWS

 

  • Housing activity returns to growth as restrictions ease in April https://www.irishbuildingmagazine.ie/2021/05/17/housing-activity-returns-to-growth-as-restrictions-ease-in-april/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Third ‘Enforcement Order’ issued over Tullow warehouse development:  The developer has to pay up nearly half a million euro in the next four weeks and refund the local authority for all the costs of their investigation to his non-compliance https://kclr96fm.com/3rd-enforcement-order-tullow/

 

 

 

 

 

 

 

 

 

 

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 * 

 

 

  • Ireland must work hard to retain reputation for manufacturing expertise: Ireland has developed a high level of plant engineering and large-scale construction expertise. https://www.businesspost.ie/commercial-reports/ireland-must-work-hard-to-retain-reputation-for-manufacturing-expertise-3c1e7a16

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RESIDENTIAL PROPERTY NEWS (including PRS)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

 

  • Out of the frying pan and into the fire for commercial tenants? As the economy reopens, businesses’ obligations on their rent arrears will require a comprehensive reassessment https://www.businesspost.ie/commercial/out-of-the-frying-pan-and-into-the-fire-for-commercial-tenants-9a5acc09

 

 

 

 

  • Stephen’s Green Shopping Centre looks ahead to a post-pandemic world: The famous Dublin centre is welcoming visitors back with a host of measures to provide shoppers with a safe and comfortable experience https://www.businesspost.ie/commercial/stephens-green-shopping-centre-looks-ahead-to-a-post-pandemic-world-1ff73058

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

 

 

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/

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