Sunday Property Round-Up November 22nd, 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: 

 

 

 

  • Taoiseach: ‘Leave ideology outside the room and start building houses’ | Business Post https://www.businesspost.ie/ireland/taoiseach-leave-ideology-outside-the-room-and-start-building-houses-598414a5

 

  • Housing Minister Hands over Home to Front Line Worker | IrishRealEstate.news “Tuath today welcomed Minister for Housing, Darragh O’Brien to present keys to Cooleven’s first tenant, where 83 newly-built family homes will be let before Christmas, under South Dublin County Council’s choice-based lettings scheme.” https://www.irishrealestate.news/housing-minister-hands-over-home-to-front-line-worker/

 

 

  • Man wins HAP discrimination case against letting agency:  …his disclosure that he was using the Housing Assistance Payment resulted in him being “chastised by the letting agent for not disclosing this sooner as the landlord didn’t like HAP”. He was subsequently informed by the agent that the landlord had rented the property to someone else… https://amp.rte.ie/amp/1179248/

 

 

 

 

 

  • Hibernia record’s ‘modest’ decline in portfolio value:https://www.irishrealestate.news/hibernia-records-modest-decline-in-portfolio-value/ 

 

  • Hibernia Reit boss believes future offices will be ‘campus style’: Kevin Nowlan sees future office developments as being occupied by a number of tenants, with large convertible spaces as well as gyms, food outlets and even bars https://www.businesspost.ie/companies/hibernia-reit-boss-believes-future-offices-will-be-campus-style-cf6b46b4

 

 

 

 

 

 

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. 

 

 

On Property Matters this week:

  • Lorraine Mulligan, Owner of REMAX Team Lorraine Mulligan
  • Alan Merriman, Founder of Elkstone
  • Benoit Dupont, Co-Founder and CEO of WeMaintain

 

Produced by Katie Tallon of Hear Me Roar Media. 

Email the Property Matters team at hello@iPropertyRadio.com

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

 

 

 

 

 

 

 

 

  • Setback for NUIG plan to develop two new pitches in Dangan https://connachttribune.ie/setback-for-nuig-plan-to-develop-two-new-pitches-in-dangan/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

 

  • Builders’ upfront costs to be deferred in new funding model: A joint venture involving Cork County Council and the Irish Strategic Investment Fund will see housing infrastructure development costs being paid by builders only when houses are being sold https://www.businesspost.ie/construction/builders-upfront-costs-to-be-deferred-in-new-funding-model-3bd5dedb

 

 

  • Sustainable low carbon design is a priority – ‘All areas need to work together to compliment each other and not in competition with each other’ says Angela Brady, Architect director of Brady Mallalieu Architects https://www.businesspost.ie/commercial-reports/sustainable-low-carbon-design-is-a-priority-3f506122

 

 

 

 

 

  • The future of office space in a post-pandemic world: A new report urges city planners to promote a wider use of office locations, using their surroundings as street classrooms, cultural canvases and contemplative ‘mind gardens’, among other innovations https://www.businesspost.ie/property-insight/the-future-of-office-space-in-a-post-pandemic-world-67ec2388

 

 

 

 

 

 

 

 

 

  • Plan for 58 residential units in Rahoon https://connachttribune.ie/plan-for-58-residential-units-in-rahoon/amp/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 *  

 

 

  • BIM and Machine Automation are helping to drive greater efficiencies: ‘Expansion of Cork as one of the focus points of the Project Ireland 2040’ says Simon Crowhen, Geomatics Sales Manager for Topcon Positioning Ireland. https://www.businesspost.ie/commercial-reports/bim-and-machine-automation-are-helping-to-drive-greater-efficiencies-ee2dd7a3

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

RESIDENTIAL PROPERTY NEWS (including PRS)

  • Demand for property soars despite lockdown: Low supply and highly motivated buyers means the time taken to go sale agreed is often less than four weeks https://www.businesspost.ie/property-insight/demand-for-property-soars-despite-lockdown-31b2d9cf

 

 

 

  • City Council paid private developers average of €350,000 for social housing last year https://connachttribune.ie/city-council-paid-private-developers-average-of-e350000-for-social-housing-last-year/amp/

 

 

  • State pays €2,300 a month for social housing units: Rent paid to developers in Dún Laoghaire-Rathdown is significantly above current average for the area https://www.businesspost.ie/residential/state-pays-2300-a-month-for-social-housing-units-dc3c0910

 

 

 

 

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

  • Investors steady the boat after initial Covid storm: In spite of casualties in the services and retail sectors, investment in Ireland remains strong, particularly from buoyant logistics, industrial and tech players https://www.businesspost.ie/commercial/investors-steady-the-boat-after-initial-covid-storm-3e54b9f2

 

 

 

 

 

 

 

 

 

 

 

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 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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