Sunday Property Round-Up, October 13th, 2019

 

Post-Budget and pre-Brexit coverage dominates the broadsheets today. The Sunday Independent has a pension special that might be of special interest to people

 

 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: 

 

 

 

 

 

 

 

 

 

 

 

 

  • *There are only 11 spaces left for our Dublin Techstars Startup Week & Proptech Ireland event with Antony Slumbers: Use Cases For Artificial Intelligence in Real Estate in the RDS Members Club on October 24th, book now:  https://www.eventbrite.ie/e/71815687655 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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@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

 

 

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). Seasoned political 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.

 

 

 

Joining us in studio this week are Ralph Monague, architect and director at ArcDox, and Angela Seoige, UX Designer,  to talk all things BIM, AecHive, barriers to digital transformation of construction and the importance of UX design as proptech matures.

 

Listen back here: https://anchor.fm/ipropertyradio/episodes/Property-Matters–October-8th-2019-e6em6l

 

 

 

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

 

Email the Property Matters team at hello@iPropertyRadio.com

 

 

PLACEMAKING

PUBLIC CONSULTATION AND COMMUNITY ENGAGEMENT

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • In The Sunday Business Post today, Killian Woods writes that ‘Tide turns against shared living concept: Reservations about their locations and standards of accommodation, as well as a political backlash, means developers are having trouble getting planning for schemes’. He is referring to DCC’s tough stance on proposed co-living developments they view to be “substandard”. 

 

 

 

 

*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

 

 

  • The lead business story, by Samantha McCaughren, in the Sunday Independent today: “The time has come for the Central Bank to change its mortgage rules to give buyers more flexibility, the head of AIB, the country’s biggest mortgage lender has said – AIB chief executive officer Colin Hunt believes the lending rules have served their purpose but should now be adjusted to reflect the market.
    In his first interview since taking over the top job at AIB, Mr Hunt told the Sunday Independent that house price inflation was now zero and, according to some measures, falling in Dublin…” https://m.independent.ie/business/personal-finance/property-mortgages/aib-chief-time-to-relax-mortgage-rules-38588921.html

 

 

 

  • Also in the Independent, Dan White writes that ‘Donohoe fails to get stamp of approval for property changes: When it comes to institutional property investors, the Budget may have been a case of closing the door after the hose has bolted…’.

 

 

  • In the property supplement of the Independent today, architect Zeno Winkens explains what the new nZEB standard means for people embarking on their self-builds.

 

 

  • In The Sunday Times, Valerie Flynn tackles the “€6 million grant riddle” of the housing retrofit scheme. Earlier this year energy minister Richard Bruton confirmed that there was €6 million available funding yet, three weeks later, the SEAI requested permission to close the programme as there was no funding left. What this means for consumers is that up to 300 households, who had already begun upgrading their homes, will not be able to recoup any portion of their investment.   

 

 

 

  • In the business section of The Sunday Times,  Gavin Daly reports that Apple is now seeking a buyer for its 500-acre Athenry data centre site. No guide price has been disclosed, however, the site was acquired from Coillte by Apple back in 2014 for a reported €15 million.

 

 

  • Also in the Times: Marlet is seeking to scale the Apollo House//College Square development to 21-storeys; Masco Group has acquired a controlling interest of Charleville-based engineering firm BCD Group (turnover €32.4m); Niall McGirr has invested in Springhill Kitchens; and Michael Cawley has invested in HomeSecure.

 

 

  • In the property supplement of The Sunday Times today Eithne Shortall has an interesting feature ‘Warning: Joining a residents’ online chat group can make you paranoid: They’re supposed to foster communities, but local social media apps also have a sinister side’. Anyone who is involved in a neighbour WhatsApp group will likely relate to this, and anyone who is not will likely ask the question – does my neighbour have a group chat that I don’t know about?!?!?

 

 

  • In The Sunday Business Post, Killian Woods reports that the developers of Newmarket Square (consortium including Revelate Capital/Martin Creedon) has sought to amend existing permission to omit the mandatory indoor market and reduce space for artists studios.  [This is so frustrating. I personally work with genuinely great property developers – developers with vision, skill and integrity – but this is exactly the kind of underhand behaviour that damages the reputation of this industry and erodes trust within the local community.]  

 

 

  • In the property section of the SBP, IPAV chief executive Pat Davitt calls for “a new model of home ownership” to make homeownership achievable and affordable. He is absolutely right, unfortunately, he does not have any specific proposals for how this might be delivered or what a new model of ownership might look like. 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Multi million euro project in Longford rejected by Bord Pleanala – Shannonside https://www.shannonside.ie/news/local/longford/multi-million-euro-project-longford-rejected-bord-pleanala/

 

 

 

 

 

 

 

 

 

 

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.

Also, our C-Sessions kick off later this month – these masterclasses are for CEOs, COOs, CFOs and CMOs within the planning, construction and properties industries to explore the potential uses of emerging technologies within the organisation. This month we are hosting a deep dive into ‘Space as a Service’ and changing consumer trends for office and workspaces. This sessions are by invitation only so please contact info@propertydistrict.ie to register your interest.

 

To get involved and for free Proptech Prompts, please

*SIGN UP HERE *

 

 

 

PROPTECH AND CONSTRUCTION INNOVATION

 

 

 

  • From smart design and planning right through to the smart property transaction, where does your Irish-led or Ireland-based #proptech 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 * 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

NEW 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 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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