Sunday Property Round-Up September 26th, 2021

 

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

 

construction pr and marketing

 

 

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: 

 

  • Property investors offended by ‘vulture funds’ label, conference hears: Real estate representatives say housing crisis won’t be solved if development rules keep changing https://www.irishtimes.com/news/ireland/irish-news/property-investors-offended-by-vulture-funds-label-conference-hears-1.4681075   [*These labels are not just offensive, they are inaccurate and ultimately unhelpful. For our part, we are correcting incorrect terms before sharing news on this platform. Also, Property District industry clients are insisting on correct terminology being used in any media interview and we urge others to insist on this too. All housing solution providers have a role to play in tackling Ireland’s housing crisis, it is counterproductive to pit one solution provider against another…]

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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 and podcast, which launched in January 2019 on Dublin South FM 93.9 and is now available internationally via iTunes and Spotify podcast (www.iPropertyRadio.com), retuurned earlier this month for a fourth season. The team delivers 60 minutes of industry chat weekly with guests from the areas of planning, construction, property and proptech.

 

This week on #PropertyMatters iPropertyRadio.com , we are joined by Patrick Davitt FIPAV REV Comm for Oaths, CEO of IPAV – Institute of Professional Auctioneers and Valuers; James Benson of the Irish Home Builders Association and Construction Industry Federation (CIF); and Richard Henshall, CEO of Recognyte to discuss Ireland’s housing market, housing delivery over the medium term, and trends/insights emerging from the use of machine learning in real estate. 

 

  1. Part 1: https://youtu.be/BlXJw6wvTF0 

 

 

  1. Part 2: https://youtu.be/GUML5VJo3TY 

 

 

  1. Part 3: https://youtu.be/2KAvQ1a6TvQ

 

 

*Listen back to this and all shows at: https://ipropertyradio.com 

*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

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

*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 

 

 

 

 

 

  • Engineers threaten to walk away from state’s mica redress scheme: Several members of Engineers Ireland have ‘already indicated their intention to withdraw from the scheme’ due to unease over being asked to recommend partial repairs to mica-damaged homes https://www.businesspost.ie/houses/engineers-threaten-to-walk-away-from-states-mica-redress-scheme-de9e9752

 

 

  • Government to revise policy on data centres after push from tech giants: Google, Amazon and Microsoft have urged the state to support plans for their continued expansion, in spite of the energy regulator’s warnings of ‘rolling blackouts’  https://www.businesspost.ie/energy/government-to-revise-policy-on-data-centres-after-push-from-tech-giants-d566f4dd

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Company to challenge planning refusal for homes in Waterford Gaeltacht despite local objections:Council claimed the scale of the proposed development is in excess of what is required to meet the needs of the indigenous Irish-speaking population in the area https://www.irishexaminer.com/news/munster/arid-40703861.html

 

 

 

 

 

  • Matter of time before Irish Water is  submerged in another major crisis: Run on a commercial basis but unable to collect charges, the firm which got €1.4bn in public money in 2021 is starting to show the strains of that public/private contradiction  https://www.irishexaminer.com/news/spotlight/arid-40705589.html

 

 

 

 

 

 

 

 

 

 

 

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 * 

 

 

 

  • All construction projects implementing BIM by 2031: ‘I would like to see a more digital and sustainable construction industry in 10 years’ time’ says Chris Collins, Country President for Ireland, Schneider Electric https://www.businesspost.ie/commercial-reports/all-construction-projects-implementing-bim-by-2031-1f50cabf

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Pi Labs secures new investors for Fund III https://www.privateequitywire.co.uk/2021/09/21/306454/pi-labs-secures-new-investors-fund-iii

 

 

 

 

 

 

 

 

 

RESIDENTIAL PROPERTY NEWS (including PRS)

 

 

 

 

 

 

 

 

 

  • Rent: the 21st century’s version of bread prices: The average price paid for a home in Dublin is nine times the average full-time salary  https://www.irishtimes.com/business/economy/rent-the-21st-century-s-version-of-bread-prices-1.468287

 

 

 

 

 

 

 

 

 

 

 

 

 

 

  • Luxury Blackrock scheme on secluded road comes to market: Glensavage, built by Bartra Developments, is offering a mix of A-rated houses and apartments https://www.businesspost.ie/residential/luxury-blackrock-scheme-on-secluded-road-comes-to-market-f9d61c6b

 

 

 

 

 

 

 

 

 

 

 

 

 

COMMERCIAL PROPERTY NEWS

  • Owners of vacant commercial properties set to lose rates exemption:Some vacant commercial building owners in major cities get a 50 per cent reduction while others in rural towns and villages get their entire commercial rates bill written off  https://www.businesspost.ie/houses/owners-of-vacant-commercial-properties-set-to-lose-rates-exemption-accee02a

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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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SUNDAY PROPERTY ROUND-UP

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