Sunday Property Round-Up November 20th, 2022

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

 

Before we get stuck into the general property news of the week, today’s Sunday Property Round-Up carries a few negative/insolvency stories across the industry, which I have tried to deal with as sensitively as possible. For any real estate or construction company owners facing this scenario, we are making resources available for internal communications (to help your employees) and external PR (to protect hard-earned reputations) at no charge, just contact carol@propertydistrict.ie directly for confidential help.

 

 

  • On foot of the changing – and still unfolding – economic outlook for Ireland, how is your organisation responding to this? And how is this likely to impact commercial property?  Property District’s Carol Tallon will be joined by Vince Harney of Quantum Group, Neil Bannon of Bannon, and Suzie Nolan of Aviva Life and Pensions Ireland DAC to explore *The big shifts changing the face of commercial property* Join us on December 1st at Croke Park, Dublin at The National Property Summit Conference agenda: 👉https://www.propertysummit.ie/agenda/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

If you missed last week’s round-up, you can catch up here: https://propertydistrict.ie/sunday-roundup/ 

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

What started as #PropertyMatters, a single 60-minute show on Dublin South FM 93.9FM every Tuesday night, has now evolved into an online station hosting the very best construction, urban planning, property and proptech radio shows and podcasts from around the world. Our new website – produced by Hear Me Roar Media – offers audiences live and recorded access to global built environment content. To have your industry podcast included in the iPropertyRadio line-up, or to contribute as a guest on any of the show on iPropertyRadio.com, email hello@ipropertyradio.com

 

House-hunting in Limerick, global proptech trends for 2023 and house-hunting in Dublin on a single income – it IS possible!

On ‘Property Matters’ iPropertyRadio.com this week, host Carol Tallon chats to Karan Perla, a tech worker in Limerick who is hoping to buy a home in Limerick City or surrounds. He is five months into his search, which will likely run into the new year.

Also, we chat to Roisin McLoughlin, who works for a tech company in the city centre, about her experiences trying to buy a home in Dublin – particularly as a single person (she was asked if she would like to bring her Dad to check out one particular property!). There are a few lessons here for both first-time buyers and for estate agents!

 

Watch back and listen back: https://ipropertyradio.com/property-matters/

 

#PROPTECH

In the iPropertyRadio.com Proptech Hot Seat this week is Robert Cooper, CEO of proptech  Embue, to talk about high-level trends he is seeing in the proptech sector, especially as they pertain to carbon/energy efficiency.

Watch back and listen back: https://ipropertyradio.com/proptech-hot-seat/

Produced by Hear Me Roar Media https://hearmeroarmedia.com

 

PLACEMAKING

OPEN PUBLIC CONSULTATIONS AND COMMUNITY ENGAGEMENT

 

 

 

 

 

 

 

  • Public invited to #publicconsultation on proposed city council housing scheme:The scheme would include the construction of a residential development of 90 dwellings, comprising of 84 apartments which would be constructed in two blocks along with six houses https://www.echolive.ie/corknews/arid-41010008.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

CONSTRUCTION & DEVELOPMENT NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Developers seek permission to build 92 residential units on lands at Bessborough. The development will include 43 one-bed, 30 two-bed and 18 three-bed units and will also include a creche with capacity for 25 children, parking facilities and bike storage.  https://www.echolive.ie/corknews/arid-41007833.html

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

PROPTECH, ESG, MMC & CONSTRUCTION INNOVATION

  • Proptech Ireland is updating the database of 2022 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: *https://prop-tech.ie/register/ * and email product or service details to hello@prop-tech.ie

 

 

 

 

 

 

 

 

 

 

 

  • Making air conditioners and heating more efficient, Antwerp’s Hysopt closes on €5.3 million: In the coming downturn, energy-intensive HVACs will cost businesses by the truckload, however significant savings could be made through the use of intelligent software, like Hysopt’s digital twins  https://tech.eu/2022/11/18/hysopt/

 

 

 

 

 

 

ENERGY, CLIMATE & ENVIRONMENT

 

 

 

 

 

 

 

 

 

RESIDENTIAL PROPERTY NEWS (including PRS)

 

 

 

But…

 

 

 

 

  • 4 steps which can fix the rental crisis:
  1. Recognise that the concentration of property ownership has failed
  2. Share the (housing) wealth
  3. Don’t make the private rental sector big, make it good
  4. Make the rental market a stable but realistic investment https://www.rte.ie/brainstorm/2022/1111/1335502-renting-crisis-ireland-housing-homelessness-landlords/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Cork businessman buys house to provide accommodation for staff due to shortage in city centre – He said that the demand for accommodation in the city centre must be met to ensure “a viable city” for those employed in the city centre  https://www.echolive.ie/corknews/arid-41007599.html

 

 

 

 

 

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

 

 

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 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/

 

How to buy property in ireland

 

 

SUNDAY PROPERTY ROUND-UP

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