Sunday Property Round-Up September 24th 2023

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:

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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

We are excited to share the growth of iPropertyRadio! What started as #PropertyMatters, a 60-minute weekly show on Dublin South FM 93.9FM over 4 years ago, has now evolved into a global online station for the best construction, urban planning, property and proptech content. Check out our website, iPropertyRadio.com, brought to you by Hear Me Roar Media for live and recorded access to all the week’s built environment news. 

Do you want to have your industry podcast included or be a guest on our shows? Reach out to us at hello@ipropertyradio.com. 

 

 

This week on iPropertyRadio… 

 

#Property Roundup

*Understanding Commercial Market Dynamics*

 

Working from the most recent data and forecasts, John McCartney, Director and Head of Research with BNP Paribas, sits down with host Carol Tallon to break down the dynamics of Ireland’s relative oversupply of office space in the market, and the factors shaping demand in 2023. 

 

Property Roundup is sponsored by Irish Property District, your industry communications partner: https://propertydistrict.ie 

 

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

 

#Proptech Hot Seat

In the ‘Proptech Hot Seat’ with host Carol Tallon on iProperty Radio this week, we hear about The Giant Company and learn the true meaning of the word VISIONARY from Property Director Florence Stanley!

 

The Giant is now on display to the public, to find out more click: https://thegiantcompany.ie/

 

Proptech Hot seat is sponsored by Proptech Ireland, the hub for innovators, investors and industry leaders https://prop-tech.ie/

 

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

 

 

#BreakingGround

This week on #BreakingGround host Carol Tallon talks to Tony Kelly, Director of Pro-Tray IRL. After working in the industry for almost two decades, Tony founded Pro-Tray to bridge the gap in tool development, creating specialised tools to help construction workers be more efficient and effective on site. 

 

For more information visit the Pro-Tray website – https://pro-tray.ie/

 

Breaking Ground is sponsored by PLACEengage – Your Virtual Town Hall, a data-driven platform for more successful public consultation and community engagement for your next development project https://placeengage.com/

 

*Watch back and listen back: https://ipropertyradio.com/breaking-ground/

 

Watch back and listen back to all shows at: https://ipropertyradio.com/shows/

 

Produced by Katie Tallon, with Hear Me Roar Media on sound  https://hearmeroarmedia.com/

 

NEWSTALK

‘Problematic’ Critics of RPZs say they disincentivise landlords and unfairly interfere in the free market.: “Any sort of market controls are problematic in their own way and are actually hampering supply, that’s part of a larger conversation” https://www.newstalk.com/news/it-is-really-damaging-people-call-to-make-entire-country-a-rent-pressure-zone-1507926

 

PLACEMAKING

OPEN PUBLIC CONSULTATIONS AND COMMUNITY ENGAGEMENT

  • Céard é Comhfhorbairt Áite? “Teastaíonn dea-áitíocht saineolaithe ildisciplíneacha freagraí a chur ar fáil, ach tugann áitíocht maith guth don phobal chun na ceisteanna cearta a chur ar bun.” 👉https://placeengage.com/ceard-e-comhfhorbairt-aite/ 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

ISSUES IMPACTING RURAL IRELAND 

 

  • RURAL IRELAND: There is a new group being set up for housing developers, property investors and estate agents trying or intending to deliver new homes, businesses or important infrastructure in rural Ireland – email in confidence to carol@propertydistrict.ie. 

 

 

 

 

 

 

 

 

 

 

CONSTRUCTION, MMC & DEVELOPMENT NEWS

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Nick Webb, writing in The Times today: Joe Elias is the money behind Meathamatic, the housebuilding company that was forced to ask its customers for a bailout to finish a much-delayed development in Rathmolyon, Co Meath. The company started taking deposits for the scheme back in 2020 with the houses priced at a crazy low €290,000. Even without massive cost inflation — brick prices nearly doubled and borrowing costs went through the roof — I don’t know how on earth they thought they’d make a profit at those rates. Elias is the sole shareholder in Meathamatic and another of his companies — the wonderfully named Spudmuckers — has also financed the scheme. The state-backed Home Building Finance Ireland also funded the development, which is gasping for money https://www.thetimes.co.uk/article/dr-joes-building-company-needs-a-cash-injection-c9kts3kb9

 

 

 

 

 

 

 

 

  • Dublin-based digital construction services and project controls services provider Strata has announced the creation of 40 jobs over the next three years. The positions will be spread across construction scheduling and planning management, 4D/5D digital services, BIM management, sustainability, data analytics and forensic delay analysis. https://www.rte.ie/news/business/2023/0921/1406421-strata-jobs/

 

 

 

 

 

PROPTECH, ESG & CONSTRUCTION INNOVATION

 

  • Proptech Ireland is updating the database of 2023 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

 

  • Proptech Ireland: Ireland’s CONSTRUCTION and REAL ESTATE ESG technologies resource hub. Confused about how and where to start on your ESG journey? Contact us 👉https://prop-tech.ie

 

 

 

 

ENERGY, CLIMATE & ENVIRONMENT 

 

 

 

  • Climate action Cork: Project aims to celebrate, protect and improve the water quality of the Glen River as it runs its course across the north side of the city.  “Gleann a’ Phúca” as a reference to the fact the area was once known as ‘Glen of the Spooks’ https://www.echolive.ie/corknews/arid-41231107.html

 

 

RESIDENTIAL PROPERTY NEWS (including PRS)

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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/


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