Sunday Property Round-Up: May 5th, 2019

 

 

Your weekly Round-Up is coming to you earlier than usual as, by the time you are reading this over a (hopefully) relaxing coffee, I will be undertaking a practical exam (on a bank holiday – who comes up with this?!), please gloss over any glaring typos. If you missed last week’s round-up, you can catch up here: https://propertydistrict.ie/category/sunday-property-review/

 

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…

 

 

 

 

  • HSBC research, which polled 11,932 adults over 21 years of age, noted that a “culture of property obsession” across the globe, with adults spending an average of 3.5 hours a week trawling online listings, ‘window shopping’ for homes and reading property magazines. Overall, the survey found that six percent of respondents were “extreme house hunters”, spending over seven hours on property research per week:

    https://www.propertyguru.com.sg/property-management-news/2019/4/179760/singapore-listed-as-fifth-most-property-obsessed-nation

 

 

 

 

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

PHOTO: Smart Cities (Back L-R): Andrew Farrell, Block Angel; Gavin Gallagher of Proptech.TV; Jamie Cudden of Smart Docklands & Paul McDonald of Sonitus Systems. (Front L-R): Bryan Fox, Carol Tallon & Alex Gibson of TU and ARVR Innovate.

#PropertyMatters 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 (@iPropertyRadio). Seasoned political journalist and 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.

 

Property Matters this week was all about Smart Cities. Co-hosts Carol Tallon and Bryan Fox were joined in studio by Jamie Cudden, programme manager with Dublin City Council’s Smart Dublin and Smart Docklands initiative; Paul McDonald of Sonitus Systems (noise and environmental monitoring); Gavin Gallagher of Proptech.TV; Andrew Farrell of Block Angel (tenant communications tool) and Alex Gibson of TU and organiser of Dublin’s ARVR Innovate Conference, which takes place in the RDS on May 10th.

Also discussed: the Leading Cities global post-accelerator competition and the 3D Data Hack taking place in Dublin next month (powered by a 3D model of the Docklands created by Sean Roche and the D3D.ie team).

Produced by Katie Tallon.

 

Listen back to this episode here: https://anchor.fm/ipropertyradio/episodes/Property-Matters-Smart-Cities-Special-e3t7so

 

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

 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

I also joined Ciara Kelly on Newstalk Lunchtime to talk about the role institutional investors play in a functional property market:

 

https://www.newstalk.com/podcasts/page/1/filter

 

PLACEMAKING

Public Consultation and Community Engagement

 

  • We let kids design our city — here’s what happened | Mara Mintzer | TED… https://youtu.be/9cudn_vSdCY via @YouTube

 

 

 

 

 

 

 

*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*

 

 

 

Other Property News

 

  • Liam Collins in the Sunday Independent, on page 6, asks ‘Are you ready for the hanging gardens of Dublin?’: He is referring to the plans submitted by Johnny Ronan for a 44-storey hanging-gardens themed development at North Wall Quay. The Battle to define Dublin’s skyline is well and truly upon us and, frankly, Johnny Ronan and team are leading the charge at this stage. One wonders if DCC can look beyond the submitor, to the submission..? In the business section of the same newspaper it is reported that Ronan and Colony Capital have secured €478m in development finance.

 

  • The lead business story in the Independent, by Fearghal O’Connor, reads ‘Construction sector fears new 9pc wage increase for workers: New wage rises could push up the cost of building an average home by €10,000’. New labour court recommendations are currently being considered by Employment Minister Pat Breen, which could see 3pc increases for each of the next three years on foot of the construction SEO from October 2017.

 

  • The CIF is calling for a statutory register of ‘one-off’ house builders for consumers as current Building Control Regulations do not apply to self-builders.

 

  • On page 6 of the Business section, John Cradden has a great piece for downsizers (and I am not biased just because I contributed to it!): ‘Don’t downsize your finances just to move to a smaller house – Right-sizing has its pros for some older homeowners but it can be a tricky move’. If you are currently considering this, have a read.

 

  • Samantha McCaughren, in her Independent column,  reports that Huckletree (co-founded by Andrew Lynch) is set to open a new co-working space in Westminster called ‘Public Hall’.

 

  • In The Sunday Times, Gavin Daly reports that Glenveagh Properties is planning a 15-storey residential tower close to Dublin’s north docks, to deliver 550 apartments.

 

  • Also, in the Times today, Eithne Dunne has a great feature in the Money section about the huge savings to be achieved by switching mortgages and best options in the current marketplace – definitely worth a read today!

 

  • In The Sunday Business Post today, Killian Woods reports that Failte Ireland ‘may turn its Dublin headquarters into the largest hotel in country’, referring to the potential redevelopment of its Amien Street site.
  • The same reporter writes that “plans to moor a floating data centre in Limerick’s port have been stalled by two seperate disputes’. On Property Matters this week (iPropertyRadio.com) we have a full Data Centre themed show, with the support of Host in Ireland, and we will have 6/7 industry experts joining us. Be sure to listen in and send any questions to us in advance at hello@ipropertyradio.com.

 

  • In the property section of the SBP today, Donal Buckley has a feature on Hibernia Reit: ‘Hibernia putting the focus on fun: Windmill Quarter’s yoga classes and concerts are leading the way in office landlords’ provision of social amenities’. He’s not wrong! He also writes a new system fast-track approval for new developments through An Bord Pleanala (page 9).

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

The Agile Agent

Getting Ireland’s Property Marketplace Digital by Default

The Agile Agent is a 12-month digital transformation programme for independent Irish estate agents and auctioneers, which runs from September – August. This programme will be delivered by a multi-disciplinary Irish and UK team and will go beyond proptech adoption to help agents get their industry digital by default.

 

Q3. March – May 2019 Agile Agent check-in now available HERE:

 

 

To get involved and for free Proptech Prompts, please

SIGN UP HERE

 

 

Proptech and Construction Innovation

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Prop-tech iBuildNew receives $2M in latest investment round – CIO https://www.cio.com.au/article/661028/racv-hands-prop-tech-2m/

 

 

 

 

 

 

 

 

 

  • Canadian PropTech Company ParityGo Raises $5 Million in Series A Funding https://finance.yahoo.com/news/canadian-proptech-company-paritygo-raises-141400011.html?guccounter=1&guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAAAJRTK1EaXFEtxjegyadJa7sWIEtpaadnstevWrNkBeqKYw7GAEXXK4NTs1zG32IPilFHM7jqJp8XYVpZ_anLlpiwc5O1_ii8EU3FV3DMovYxDtdtha9fOuvVinkx3UFSuse6iOuOkWgFd9_AVDymIy98T4RERR83OgdCJBu7sLv

 

  • Tech tonics: As Brexit woes impact the sales market and the tenant fee ban hits the lettings market, most agents are looking at ways to improve efficiency, cut costs and increase their income. How much can proptech help? https://thenegotiator.co.uk/tech-tonics/

 

 

 

Crowd-sourcing answers topical property questions:   New Facebook Group for Irish Property Buyers & Investors

As many of you might know, my annual property book The Irish Property Buyers’ Handbook (since 2011) was rebranded in 2018 and will now appear as part of The Property Insider series, published by Oak Tree Press, the first three titles are now published and available here.

 

From 2019, 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/

 

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