Sunday Property Round-Up May 9th, 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: 

  • And to round off a week of anti-institutional investor sentiment from the media and politicians… Housing Minister Darragh O’Brien Was An Early Investor In [INSTITUTIONAL – incorrect terminology removed] Funds https://extra.ie/2021/05/09/news/irish-news/housing-minister-darragh-obrien-was-an-early-investor-in-so-called-cuckoo-funds/amp

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.

 On #PropertyMatters iPropertyRadio.com this week we are joined by Rosie Webb, Senior Architect at Limerick City and County Council and Head of Urban Innovation, and by Keith Ryan Co-founder and CEO of ScanQuo Ltd to discuss revitalising Limerick, urban innovation, ScanQuo’s global benchmarking ambitions and more…

Watch back part 1: https://youtu.be/RT6HsJVcYXk 

Watch back part 2:  https://youtu.be/uBw9x5r-Ysg 

*Listen back to all shows at: https://ipropertyradio.com/property-matters/

 

Email the Property Matters team at info@propertydistrict.ie 

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

  • We must tackle NIMBY attitude to housing https://www.echolive.ie/corkviews/arid-40279925.html?type=amp

*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

  • Property funds outbid housing bodies by ‘up to €80k per home’: “I’ve been really clear with local authorities that I don’t want them competing with affordable housing bodies. They’re delivery partners,” according to Housing Minister https://www.businesspost.ie/houses/property-funds-outbid-housing-bodies-by-up-to-eur80k-per-home-cae507dc?auth=login
  • Amazon submits plans for second data center in Drogheda, Ireland https://www.datacenterdynamics.com/en/news/amazon-submits-plans-for-second-data-center-in-drogheda-ireland/

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 * 
  • Green cement company Ecocem has announced the completion of a €22.5m equity investment by Breakthrough Energy Ventures (BEV) and Breakthrough Energy Ventures-Europe (BEV-E) https://constructionnews.ie/ecocem-raises-e22-5m-in-equity-investment/
  • Could 3D-Printed Homes Be Ireland’s Housing Crisis Solution? https://extra.ie/2021/05/05/business/property/3d-printed-homes-housing-crisis/amp
  • Can Robert’s Rummage4 deliver on its revolutionary promise? The long-awaited game-changer property search platform is live after years of development. We profile its colourful creator Robert May. https://thenegotiator.co.uk/robert-may-rummage4/
  • Germany PropTech Market is changing construction industry trends by 2025 https://ksusentinel.com/2021/05/05/germany-proptech-market-is-changing-construction-industry-trends-by-2025-alphapenta-betterhomes-ag-bottimmo-ag-hausgold-homeday/
  • Aldar picks first start-ups to develop the UAE’s PropTech ambitions: Abu Dhabi developer picks German, Finnish and British firms to participate in Aldar Scale Up accelerator programme https://www.arabianbusiness.com/real-estate/463096-aldar-picks-first-start-ups-to-develop-proptech-in-the-uae

RESIDENTIAL PROPERTY NEWS (including PRS)

  • Housing Minister does not approve of international investors buying housing estates in bulk and has introduced a Bill to provide for 30% in private development to be limited to purchase by first-time buyers only https://www.rte.ie/news/2021/0504/1213571-politics/
  • ‘Price fixing’ investigation to be carried out in rental sector: Investigation to take place following a Business Post report that showed landlords are using ‘incentivised rates’ that can mask a decline in rents https://www.businesspost.ie/houses/price-fixing-investigation-to-be-carried-out-in-rental-sector-ac4fbe6a

COMMERCIAL PROPERTY NEWS

  • Southern comfort as Cork market heats up: A wave of recent planning grants and a rise in occupational activity has led to a flurry of activity in Cork’s commercial market https://www.businesspost.ie/commercial/southern-comfort-as-cork-market-heats-up-af435588

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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