Sunday Property Round-Up, May 24th, 2020

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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: 

 

 

 

 

 

 

  • The lead business story in the Independent today reports that –  One in three mortgage brokers warn Covid is putting buyer deposits at risk:
    Pandemic means house sales could fall through after contracts are signed

    https://m.independent.ie/business/irish/one-in-three-mortgage-brokers-warn-covid-is-putting-buyer-deposits-at-risk-39227821.html

 

 

 

 

 

 

 

 

 

 

 

 

  • There was a particularly interesting discussion thread on Twitter this week about office vs. remote working and the key takeaway is that hybrid working (some team members in the office and some working remotely) is more likely to be unsuccessful – this is definitely worth a read: Below is a thread about the future of remote work after the COVID-19 pandemic is over. I predict that remote will go through a trough of sor… https://threadreaderapp.com/thread/1264341436138270720.html 

 

 

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. 

Produced by Katie Tallon of Hear Me Roar Media. 

 

 

Property Development – New Homes – Property Staging – Ireland’s Data Centre Sector

 

On Property Matters this week, we are joined by Ronan McKenna, Sales Director at Glenveagh Properties PLC; Natasha Rocca Devine, Interior Designer and ‘Staging to Sell’ specialist at The Interiors NRD Studio; and Garry Connolly, President and Founder of Host in Ireland President. 

 

Listen back to this episode: https://ipropertyradio.com/property-matters-19th-may-2020-gleanveagh-interiors-nrd-studio-and-host-in-ireland/ 

 

Listen back to all #PropertyMatters episodes here: https://ipropertyradio.com 

 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

  • OPR: Communications Toolkit for Public Consultation | PLACEengage

    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/

 

  • Planning Conference 2020‬
    ‪http://cmgevents.ie/events/irish-planning-conference-2/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*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

 

 

  • Foundations of a return to work on construction sites after Covid-19:

    Of the 200 subcontractors who turned up to work on DRes Properties sites on Monday, 32 were sent home. The construction industry is back, but it’s operating quite differently from how it did before the Covid-19 outbreak. Those who were turned away from the DRes sites couldn’t produce the digital card from the Construction Industry Federation that proves they had completed a Covid-19 online induction seminar. Every operative who enters a building site has to have the card. They must also have their temperature taken to show they aren’t displaying symptoms of the virus.

    https://www.thetimes.co.uk/article/foundations-of-a-return-to-work-on-construction-sites-after-covid-19-ccqsbxxms

 

  • Covid safety measures could add 5-10% to house prices:

    Mr Parlon said he had spoken to a substantial house builder this morning, who had forecast that implementing the measures, including social distancing, could add €10,000-15,000 to the cost of a house.

    In relation to apartment projects, which he described as “more intense”, he said that the additional cost per apartment could reach €20,000.

    The time required to build a house could rise from 15 weeks to 25 weeks, he said.

     https://www.rte.ie/news/ireland/2020/0519/1139398-construction-coronavirus/

 

 

 

 

 

 

 

 

 

  • Dutch fund and Macquarie to build Irish housing schemes | Business Post

    Infrastructure investment fund Tinc has joined the Australian bank in a €120m project to build over 530 social and affordable houses and apartments in six locations

    https://www.businesspost.ie/property/dutch-fund-and-macquarie-to-build-irish-housing-schemes-b35ad64e

 

 

 

  • Environmental Monitoring for Compliant Construction Sites
    https://www.sonitussystems.com/news/environmental-monitoring-for-compliant-construction-sites

 

 

  • Construction’s New Normal- Week 1 | McKeon Group

    “It has been an interesting week. While it was great to get back to some form of normality, adjusting to the changed workplace was not without its challenges…”

    https://mckeon.ie/constructions-new-normal-week-1/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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…’
    https://prop-tech.ie/proptech-covid-19-is-technology-driving-real-estate-online/

 

  • MyHome.ie launches live online property viewing platform https://extra.ie/2020/05/20/business/irish/myhome-ie-online-property-viewing-platform/amp

 

  • McKeon Group develop app for Ireland’s construction industry to help with covid19 compliance – The Good2Go app is now available, at no charge, to any company that wants to roll it out on sites, simply follow the instructions on the banner at the top of the page:
    https://mckeon.ie/constructions-new-normal-week-1/

 

 

 

 

 

 

 

 

 

 

 

OTHER PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • 53% Of Kildare Rebuilding Ireland Homeloan Applications Were Approved. https://kfmradio.com/news/23052020-1313/53-kildare-rebuilding-ireland-homeloan-applications-were-approved

 

 

  • Second wave of homelessness looks likely following COVID-19 according to St Vincent De Paul https://extra.ie/2020/05/23/news/irish-news/second-wave-homelessness-covid-19/amp

 

 

  • No property tax for 22,000 as review put back again | Business Post https://www.businesspost.ie/ireland/no-property-tax-for-22000-as-review-put-back-again-8266a3c2

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Energy demand shows key sectors powering through – Strong energy demand throughout April and May from agri-foods, IT, pharmaceuticals and bio-sciences points to the sectors of the economy likely to be least affected by the Covid-19 shutdown.

    In contrast, recent weeks witnessed a dramatic fall in gas demand in the construction sector in areas such as cement production, with demand down up to 90pc compared with the period before national restrictions were implemented.
    https://amp.independent.ie/business/irish/energy-demand-shows-key-sectors-powering-through-39222225.html

 

 

 

FACEBOOK GROUP FOR IRISH PROPERTY BUYERS & INVESTORS

Crowd-sourcing answers topical property questions    

 

 

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 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/

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

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