Sunday Property Round-Up September 12th, 2021

 

 

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, below are the local and international stories that might be of particular interest: 

 

 

 

 

 

 

 

 

 

 

 

 

  • The evolving data centre construction market  https://www.capacitymedia.com/articles/3829533/the-evolving-data-centre-construction-market Also, in the Business Post today: Majority of voters believe data centres should be restricted: Fifty-nine per cent of those polled by Red C want data centre development to be controlled to reduce the risk of electricity ‘rolling blackouts’  https://www.businesspost.ie/politics/majority-of-voters-believe-data-centres-should-be-restricted-9bf089b3 

 

 

 

 

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. Next week: Build-to-rent (BTR) special!

 

 

*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

 

 

 

 

 

 

 

 

  • Plans unveiled for the revamp of Cork city streets for more outdoor dining: Five streets – Princes Street, Caroline Street, Pembroke Street, Beasley Street and Union Quay – will receive €1.3m worth of new bespoke weatherproofing infrastructure  https://www.irishexaminer.com/news/munster/arid-40695263.html

 

 

 

 

  • Planning row erupts between Waterford hotel and residents over live music venue:: Two appeals have been lodged against the recent decision of Waterford City and County Council to grant planning permission to the Haven Hotel in Dunmore East for a function room extension and bar https://www.irishexaminer.com/news/munster/arid-40540073.html

 

 

*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

 

*Calling all Irish construction SMEs, please sign up with the Government-appointed CSG Innovation & Digital Adoption body, which will be resourcing firms to identify and overcome challenges to critical digitization. Link here: http://eepurl.com/hDFYfL 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Initiative Ireland has secured the backing of Goldman Sachs Asset Management, who will join Fairfield Real Estate Finance as a backer. The partnership is raising €900m to lend to experienced property developers to finance 7,500 homes by 2024  https://amp.rte.ie/amp/1245911/

 

 

 

 

 

 

 

 

 

 

  • Connemara County Councillors vote down Moycullen social housing plan  https://connachttribune.ie/connemara-county-councillors-vote-down-moycullen-social-housing-plan/amp/

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 * 

 

  • STARTUP RESOURCES – Incubator List: Find the best startup program among world’s 550+ best startup accelerators, incubators and investors https://incubatorlist.com/ 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • This Mexican proptech wants to revolutionize the rental of a commercial spot: Spot² is a company that transforms the way that sellers can find a commercial space for their business. Making clients get the ideal spot in less than 10 days https://www.entrepreneur.com/article/384956

 

RESIDENTIAL PROPERTY NEWS (including PRS)

 

 

 

 

  • ‘Go on strike’ — David McWilliams explains why now is ‘the worst time ever to buy a house’  https://extra.ie/2021/09/08/property/david-mcwilliams-housing-for-all/amp

 

 

 

 

 

 

 

 

 

  • Tensions grow between state and mica homeowners as ‘D-Day’ nears for redress scheme: Representatives on the government’s Mica Action Group have accused the Department failing to adequately engage in talks over a compensation scheme for families affected by defective concrete blocks  https://www.businesspost.ie/houses/tensions-grow-between-state-and-mica-homeowners-as-d-day-nears-for-redress-scheme-c1885dee

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

 

 

 

 

 

  • Modern office investment with sitting tenants on sale for €10.75 million: Northwood House in Santry, Dublin 9 comprises a modern five-storey over basement office building providing 24 office suites  https://www.businesspost.ie/commercial/modern-office-investment-with-sitting-tenants-on-sale-for-eur1075-million-82fa634f

 

 

 

 

 

 

 

 

 

 

 

INTERNATIONAL PROPERTY NEWS

 

 

 

 

  • Major Chinese property developer on the brink of default https://www.wsws.org/en/articles/2021/09/10/ever-s10.html More about this in the Business Post today: Could one company’s fall trigger a property collapse in China?: The ongoing struggles of beleaguered property giant Evergrande pose a huge threat not just to its own survival, but to the very stability of the Asian superpower’s financial system  https://www.businesspost.ie/the-big-picture/vincent-boland-could-one-companys-fall-trigger-a-property-collapse-in-china-a3f8104b

 

 

 

 

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/

 

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SUNDAY PROPERTY ROUND-UP

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