Sunday Property Round-Up November 14th, 2021



Weekly Irish property market news and insights – for the industry, by the industry  

PR and marketing for property and construction  


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: 

























If you missed last week’s round-up, you can catch up here: 


As always, you might let me know if I have missed out on any relevant property news by emailing


(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 and podcast, which launched in January 2019 on Dublin South FM 93.9 and is now available internationally via iTunes and Spotify podcast (, returned last month for a fourth season. The team delivers 60 minutes of industry chat weekly with guests from the areas of planning, construction, property and proptech.

This week on #PropertyMatters, we are joined by IPAV – Institute of Professional Auctioneers and Valuers  President Paul McCourtney to discuss the 7th European Valuation Conference, which took place in Dublin last week. 

We are also joined by James Benson of the Irish Home Builders Association and by Conor O’Connell of the Construction Industry Federation (CIF) to discuss a recent court judgment pertaining to planning in Cork and other issues contributing to construction delays and escalating costs.  


Watch back part 1: 



Watch back part 2: 



*Listen back to this and all shows at:  

*Listen back to this and all shows at:  

Email the Property Matters team at 


























*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*



This week, construction activity has grown for the sixth month in a row according to Ulster Bank’s purchasing managers’ index. Furthermore, difficulties from Brexit, Covid-19 and materials shortages have reportedly lengthened delivery times and increased costs.


Also, Housing Minister Darragh O’Brien posted on social media that he “committed to restoring planning to local authorities… I moved the Planning & Development (Large Scale Residential Development) Bill in the Seanad. It will replace SHD’s & ensure streamlined planning and local decision making for much needed home…” (image below)

  • Development land sector could see sales exceed €500m by end of 2021: Precise figures are disputed, but both CBRE and Savills agree that sales for Q3 reached about €185 million












































  • 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 * 








  • Making the most of BIM: The use of BIM is on the rise but incorrect implementation can increase construction costs, cause delays and even carry legal consequences. Stewart Bailey of proptech agency Virtual Viewing on how to maximise your BIM strategy


  • Is Sustainability Certification in Real Estate Worth it? An average rent premium of 21% is observed in certified office buildings over the five year analysis period
















  • Central Bank Governor Gabriel Makhlouf has said the ongoing review into the bank’s mortgage lending rules “is not a signal that rules are going to be relaxed.”




































  • Future of Eddie Rockets depends on resumption of full trading as turnover halves: A significant decline in cash flow and profitability is anticipated by the directors



  • Krispy Kreme’s plans for its first Dublin City centre outlet have suffered a setback with the company now stating it will not be open until early 2022.



















  • Equinix-occupied data center in London sold to Blackstone for £196.5 million: Land Securities Group offloads data center as it focuses on offices and mixed-use properties






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:


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:





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