WEEKLY PROPERTY ROUND-UP 1ST SEPTEMBER 2024

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

PROPERTY DISTRICT PRESS OFFICE 

Below are the local and international stories that might be of particular interest

• Our population is booming, but can the State cope? By the next decade the numbers living in the Republic could top six million https://www.irishtimes.com/your-money/2024/08/29/our-population-is-booming-but-can-the-state-cope/

• COST OF LIVING. Housing. A reliable, efficient transport network: Number of Irish people leaving Ireland has reached its highest point in almost a decade, according to new figures from the CSO, and the above are some of the major reasons cited https://www.thejournal.ie/emigration-ireland-4-6474446-Aug2024/

• Housing crisis revealed: Here’s the counties with the fewest homes available to rent or buy: There are currently 15.3 homes available to rent per 10,000 people in the capital https://www.newstalk.com/news/dublins-rental-supply-to-fall-by-58-next-year-study-1759103

• Homeless figures reach record high with 14,429 people in emergency accommodation: Over 4,000 children in some 2,000 families were homeless last month https://www.irishtimes.com/ireland/social-affairs/2024/08/30/homeless-figures-reach-record-high-with-14429-people-in-emergency-accommodation/

• State needs to build about 60,000 homes a year — 20,000 more than it will build this year — before it can “put a dent” in the housing crisis, the Tánaiste has said https://www.irishexaminer.com/news/arid-41464024.html

• Maximum number of An Bord Pleanála board members temporarily increases from 14 to 17: Minister for Housing Darragh O’Brien says rise in membership will allow for reduction of cases on hand within board https://www.irishtimes.com/ireland/housing-planning/2024/08/26/maximum-number-of-an-bord-pleanala-board-members-temporarily-increases-from-14-to-17/

• Michael O’Flynn: Taxing undeveloped land – the devil is in the detail; A range of unintended consequences https://www.irishtimes.com/opinion/letters/2024/08/31/taxing-undeveloped-land-the-devil-is-in-the-detail/

• SF vows to rip up system for housebuilding: Party proposes axing Land Development Agency in favour of a new body with expanded powers to deliver homes https://www.thetimes.com/world/ireland-world/article/sinn-fein-vows-to-rip-up-system-for-housebuilding-80vvjdcx0

• Building houses can be compatible with the creation of new habitats for wildlife: Ella McSweeney: London and Amsterdam offer good examples, and Bray developers could factor in new research showing the extraordinary array of species in the town https://www.irishtimes.com/environment/2024/08/31/building-houses-can-be-compatible-with-the-creation-of-new-habitats-for-wildlife/ Also: Useful resource for home builders and project owners: Ireland’s National Biodiversity Data Centre works to make biodiversity data and information more freely available in order to better understand and assist the protection of Ireland’s biodiversity https://biodiversityireland.ie/

• Rents continue to spiral upwards – Daft report: Limerick City saw the greatest rise, up 21% year on year, while Cork and Galway both saw rent inflation of over 10%.  https://www.newstalk.com/news/rents-continue-to-spiral-upwards-1758375

• Landlord threatens legal action over ban on forcing students to take 51-week leases: Yugo accuses Government of ‘unseemly haste’ over fast-tracked July legislation https://www.irishtimes.com/business/2024/08/30/student-landlord-threatens-legal-action-over-coalitions-ban-on-51-week-leases/

• €5bn student housing firm says it is diverting investments out of Ireland in row with government: GSA Group says its ‘eyes are being diverted away to other parts of Europe, because quite simply it is an easier path to investment’ https://www.businesspost.ie/article/e5bn-student-housing-firm-says-it-is-diverting-investments-out-of-ireland-in-row-with-government/

• Battery technology leap comes into play in power plant planning dispute with stud farm: Strategic Power Projects lodges redesigned plan for battery storage system related to Kildare site https://www.irishtimes.com/business/2024/08/29/new-turn-in-planning-battle-between-stud-farm-and-power-plant-backers/

• Insulation made of discarded sheep wool used for Argentina guest house https://www.dezeen.com/2024/08/27/insulation-discarded-sheep-wool-guesthouse/

• Global population growth is now slowing rapidly. Will a falling population be better for the environment? https://theconversation.com/global-population-growth-is-now-slowing-rapidly-will-a-falling-population-be-better-for-the-environment-235781

• ‘Doomsday scenarios’ of Dublin Transport Plan ‘haven’t been borne out’ – Ryan: The Dublin City Centre Transport Plan came into force last Sunday in an attempt to reduce traffic congestion in the centre https://www.newstalk.com/news/doomsday-scenarios-of-dublin-transport-plan-havent-been-borne-out-ryan-1759951

• Irish search and rescue helicopters land a new home and HQ at John Collison’s Weston Airport: Philip Bartlett of Bristow Ireland is the chief of Ireland’s rescue helicopter service https://m.independent.ie/business/irish/irish-search-and-rescue-helicopters-land-a-new-home-and-hq-at-john-collisons-weston-airport/a393317294.html

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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.

PLACEMAKING: https://placeengage.com

Open public consultations and community engagement 

• Beautiful – Sustainable – Together: Aligned with Aarhus Convention transparency and New European Bauhaus principles, PLACEengage empowers communities, planners, and developers across Ireland’s public and private sectors to collaborate more effectively – Learn more at www.PLACEengage.com PLACEengage: Better placemaking, together.

• Dublin’s BusConnects: Seven years on from launch, public is yet to reap full rewards of plan: Roll-out of Dublin bus network redesign accompanied by creation of 230km of bus lanes slowed by infrastructure delays and difficulties in hiring drivers https://www.irishtimes.com/transport/2024/08/27/dublins-busconnects-seven-years-on-from-launch-public-yet-to-reap-full-rewards-of-plan/

• BusConnects delays: ‘We are crippled by objections and proceduralism’: “We are crippled with objections; we are crippled with proceduralism. We just have a can’t-do attitude that stymies us.” https://www.newstalk.com/news/busconnects-delays-we-are-crippled-by-objections-and-proceduralism-1758821

• An Taisce objects to apartments on site of James Joyce’s The Dead setting: An Taisce said the building “is of too great a cultural heritage importance for conversion to multiple apartments”. https://www.thejournal.ie/an-taisce-objects-to-apartments-on-site-of-james-joyces-the-dead-setting-6471919-Aug2024/

• Coastal Townlands Profiled in Return of TG4 Series https://afloat.ie/resources/maritime-tv-programmes/item/64524-coastal-townlands-profiled-in-return-of-tg4-series

• Murphy’s Rock Bride Valley Support Group not against housing’ but is against destruction of “the last natural green space” on the northside of the city https://www.echolive.ie/corknews/arid-41464126.html

• Michael Moynihan: Why is there such an aversion to the basics of upkeep in Cork?The maintenance of the new wayfinding scheme worries me, particularly when you see what happened with maintenance of the old system https://www.irishexaminer.com/opinion/columnists/arid-41464585.html

• Plans to revamp protected buildings in Cork city centre unveiled: The works are focused on the former Catholic Young Men’s Society building on South Main Street https://www.irishexaminer.com/property/developmentconstruction/arid-41463841.html

• Derelict site by The Lough set for new lease of life: Cork City Council has published plans for the redevelopment of a property in its ownership at 38 Gould Street. https://www.echolive.ie/corknews/arid-41463592.html

• Decade-long wait for greenway crossing at Cork accident blackspot: Campaign spokesperson described delay as disappointing as people have been asking for a safe crossing point for years. https://www.irishexaminer.com/news/munster/arid-41464783.html

• Contracts signed for new playground in built-up Limerick city estate: Southill Play Space has been given the go-ahead by Mayor John Moran https://www.limerickleader.ie/news/home/1592522/contracts-signed-for-new-playground-in-built-up-limerick-city-estate.html

• Waterford regeneration project is transforming derelict Moore’s Hotel in Cappoquin https://m.independent.ie/regionals/waterford/news/waterford-regeneration-project-is-transforming-derelict-moores-hotel-in-cappoquin/a1177493375.html

• Agreement reached to restore public access to iconic Wicklow lighthouse https://m.independent.ie/regionals/wicklow/wicklow-district/agreement-reached-to-restore-public-access-to-iconic-wicklow-lighthouse/a1886883737.html

• Calls for a ramp to be installed to improve access to historic Wexford town houses https://m.independent.ie/regionals/wexford/wexford-district/calls-for-a-ramp-to-be-installed-to-improve-access-to-historic-wexford-town-houses/a1864013517.html

• New access link from Athlone IDA Park to greenway to be built https://www.westmeathindependent.ie/2024/08/31/new-access-link-from-athlone-ida-park-to-greenway-to-be-built/

• BIRR 20:20 has issued a call this week, urging members of the public to join the Birr Creative Court project to help shape vibrant creative spaces and studios for the community. https://www.offalyexpress.ie/news/midland-tribune/1584145/public-urged-to-get-involved-in-important-day-for-birr.html

• Roscommon County Council has officially launched a campaign, ‘Roscommon Bound’, that showcases why Roscommon is the perfect place to live, work and visit Roscommon: Global Rossie Day will take place on September 22nd https://www.roscommonherald.ie/news/county-gearing-up-for-global-rossie-day_arid-29524.html

• Mayo residents along parts of the county’s main and regional roads, who may be suffering from sleep deprivation due to heavy passing traffic and environmental noise, are being invited to have their say, as part of a new Noise Action Plan being drawn up https://www.westernpeople.ie/news/16000-in-mayo-impacted-by-excessive-noise_arid-29282.html

• Why so many young people are leaving Mayo’s county town https://www.con-telegraph.ie/2024/08/27/letter-why-so-many-young-people-are-leaving-mayos-county-town/ Also: Letter: In response to the criticism of Mayo’s county town https://www.con-telegraph.ie/2024/08/30/letter-in-response-to-the-criticism-of-mayos-county-town/

• Irish tourists praise ‘unbelievable’ and underrated county you’ll ‘never see on any lists’: It’s been dubbed one of the most naturally stunning places in Ireland https://www.irishstar.com/travel/ireland/tourists-praise-underrated-county-sligo-33496699

• Grant launched by Wicklow County Council to cover 75pc of community tree planting costs https://m.independent.ie/regionals/wicklow/news/grant-launched-by-wicklow-county-council-to-cover-75pc-of-community-tree-planting-costs/a1720835761.html

Rural

• Rural areas worst hit as more than 2,000 pubs have shut since 2005 https://m.independent.ie/irish-news/rural-areas-worst-hit-as-more-than-2000-pubs-have-shut-since-2005/a1453895193.html

• Rural Ireland students struggling with accommodation shortages Survey results show, 84% of agriculture science students are worried about the impact commuting will have on their academia as more students are being forced to drive to college https://www.farmersjournal.ie/rural-ireland-students-struggling-with-accommodation-shortages-832918

• CAO points for agricultural courses see decline in first round: The CAO’s report also shows that students opting for agricultural courses as their first preference has seen a 16 pc drop since 2023 https://m.independent.ie/farming/news/cao-points-for-agricultural-courses-see-decline-in-first-round/a1998819824.html?origin=app

• Laois County Council issues advice to landowners on hedgecutting: Hedge cutting will commence on September 1 https://www.leinsterexpress.ie/news/local-news/1589745/laois-county-council-issues-advice-to-landowners-on-hedgecutting.html

• Galway farm with a claim to historical fame: Curtain came down on county’s Easter Rising at Limepark House https://m.independent.ie/farming/farm-property/galway-farm-with-a-claim-to-historical-fame/a309538412.html

CONSTRUCTION: https://breakingground.news

• Construction sites to be hit with strikes next week as talks between union and employers collapse https://m.independent.ie/irish-news/construction-sites-to-be-hit-with-strikes-next-week-as-talks-between-union-and-employers-collapse/a469905640.html

• Ireland’s concrete block nightmare: Thousands of homes in Ireland are crumbling. In videos posted online, angry and despairing owners pull rotten concrete blocks from their walls and dash them to dust on the ground https://www.globalconstructionreview.com/irelands-concrete-block-nightmare/

• Housing Finance Agency approvals increase by 200% in first six months of 2024: Agency provides loans to approved housing bodies and local authorities to build social and affordable homes https://www.irishtimes.com/ireland/housing-planning/2024/08/28/housing-finance-agency-approvals-increase-by-200-in-first-six-months-of-2024/

• EPA sets out national criteria to help cut construction waste https://www.engineersireland.ie/Engineers-Journal/News/epa-sets-out-national-criteria-to-help-cut-construction-waste

• World’s biggest developers eye bids for Dublin MetroLink contracts https://m.independent.ie/business/worlds-biggest-developers-eye-bids-for-dublin-metrolink-contracts/a66992698.html

• Integrity360 founder Eoin Goulding backs contested St Mary’s College development plans: Eoin Goulding says the proposed sports facility, which has faced opposition from local residents, was needed in the area https://www.businesspost.ie/news/integrity360-founder-eoin-goulding-backs-contested-st-marys-college-development-plans/

• New council project for a ‘temporary’ modular housing neighbourhood in Cork city: The site for the new development is a former car park, just up the road from the modular neighbourhood which welcomed its first residents last year https://www.corkbeo.ie/news/property/new-council-project-temporary-modular-29816780

• Kelleher brothers forging ahead with cost-rental apartments in Blackpool: Bellmount Developments Ltd hopes to break ground on Redforge Road later in the year https://www.irishexaminer.com/property/commercial/arid-41464999.html

• Cork city development: A round-up of key residential projects this year: Amy Power takes a look at some of the key residential projects that are in the pipeline and have been decided on so far this year for Cork city https://www.echolive.ie/corknews/arid-41466466.html

• Planning permission granted for almost 270 new homes in Midleton https://www.breakingnews.ie/ireland/planning-permission-granted-for-almost-270-new-homes-in-midleton-1665524.html

• An Bord Pleanala to reconsider 186 bed hotel at Ballybrit after High Court quashes refusal https://galwaybayfm.ie/galway-bay-fm-news-desk/an-bord-pleanala-to-reconsider-186-bed-hotel-at-ballybrit-after-high-court-quashes-refusal/

• Proposed 154-bedroom nursing home on Warwick Hotel site too big say planners https://connachttribune.ie/proposed-154-bedroom-nursing-home-on-warwick-hotel-site-too-big-say-planners/

• Limerick developer told to cut one-bed homes: Multi-storey apartment plan for long-vacant land in city https://www.limerickleader.ie/news/planning/1588494/limerick-developer-told-to-cut-one-bed-homes.html

• New development of over 200 homes in Castletroy complete https://www.limerickpost.ie/2024/08/30/new-development-of-over-200-homes-in-castletroy-complete/

• Planning approval withdrawn for student accomodation in Limerick City https://www.live95fm.ie/news/live95-news/planning-approval-withdrawn-for-student-accomodation-in-limerick-city/

• Waterford retail and apartment project appealed to An Bord Pleanála https://m.independent.ie/regionals/waterford/news/waterford-retail-and-apartment-project-appealed-to-an-bord-pleanala/a862869381.html

• Approval of 586 Wicklow homes with ‘tie-in’ to controversial bridge plans raises ‘real concern https://m.independent.ie/regionals/wicklow/bray-news/approval-of-586-wicklow-homes-with-tie-in-to-controversial-bridge-plans-raises-real-concern/a442755985.html

• The Wicklow schools earmarked for development as €145m spent since 2018 https://m.independent.ie/regionals/wicklow/news/the-wicklow-schools-earmarked-for-development-as-145m-spent-since-2018/a545225604.html

• Taoiseach Simon Harris confirms new primary school for Wicklow village https://m.independent.ie/regionals/wicklow/bray-news/taoiseach-simon-harris-confirms-new-primary-school-for-wicklow-village/a287165474.html

• Surge in Laois house building continues in Portlaoise with project: New houses earmarked on compact greenfield site where new housing https://www.leinsterexpress.ie/news/property/1588833/surge-in-laois-house-building-continues-in-portlaoise-with-project.html

• Costly new Portlaoise building in Portlaoise prison complex in limbo: Purpose-built for Irish soldiers to guard paramilitaries https://www.ireland-live.ie/news/laois-live/1591853/costly-new-portlaoise-building-in-portlaoise-prison-complex-in-limbo.html

• 42 new homes could be provided in Offaly if former commercial premises are converted: There is an exemption from planning approvalf for those who wish to convert their premises https://www.offalyexpress.ie/news/tullamore-tribune/1588665/42-new-homes-could-be-provided-in-offaly-if-former-commercial-premises-are-converted.html

• Design team sought for €15m contract to develop Lough Key Forest & Activity Park https://www.roscommonherald.ie/news/design-team-sought-for-15m-contract-to-develop-lough-key-forest-activity-park_arid-29766.html

• Planning permission sought for 49 homes in Monaghan https://www.northernsound.ie/news/planning-permission-sought-for-49-homes-in-monaghan-241484

• Former Belturbet pub to be transformed into housing https://www.northernsound.ie/news/former-belturbet-pub-to-be-transformed-into-housing-241735

• New housing development gets greenlight https://www.roscommonherald.ie/news/new-housing-development-gets-greenlight_arid-29596.html

• Almost 50 new social homes on the way to Sligo Town: Construction is set to begin on the development at Finisklin which will include 47 new housing units https://www.oceanfm.ie/2024/08/30/almost-50-new-social-homes-on-the-way-to-sligo-town/

• Wild Atlantic Way glamping plan in Clare refused over location concerns https://m.independent.ie/regionals/clare/news/wild-atlantic-way-glamping-plan-in-clare-refused-over-location-concerns/a1247918300.html

• John Paul Construction focused on expansion as turnover rises to €568m https://m.independent.ie/business/irish/john-paul-construction-focused-on-expansion-as-turnover-rises-to-568m/a1778413966.html

• Kingspan settles in cladding compensation test case – Cladding manufacturer Kingspan has settled a court case that would have tested a new law extending the range of legal claims that contractors can make against cladding manufacturers https://www.constructionnews.co.uk/buildings/building-safety/kingspan-settles-in-cladding-compensation-test-case-30-08-2024/ Also: Kingspan in the crosshairs as Grenfell report could ignite new reputational crisis: The horrific 2017 tragedy remains a wound for the Cavan company that continues to linger, despite its material being a very small factor in tower blaze https://www.businesspost.ie/article/ian-guider-kingspan-in-the-crosshairs-as-grenfell-report-could-ignite-new-reputational-crisis/

• Editorial: Let’s hope shocking days are over for former Quinn group: Çimsa’s €330 million investment in the border region is a resounding vote of confidence in Mannok, its 800 employees, and its prospects https://www.businesspost.ie/article/editorial-lets-hope-shocking-days-are-over-for-former-quinn-group/

• Construction project delivery PM Group’s operating profits fell in 2023: Revenues at Dublin headquartered group, which employs 3,527 people across Europe, North America and Asia, declined by 7.5% to €566m https://www.irishtimes.com/business/2024/08/29/construction-project-delivery-pm-groups-operating-profits-fell-in-2023/

• John Paul Construction focused on expansion as turnover rises to €568m https://m.independent.ie/business/irish/john-paul-construction-focused-on-expansion-as-turnover-rises-to-568m/a1778413966.html

PODCAST: https://ipropertyradio.com/breaking-ground/

Bridging the Construction Training Gap

On #BreakingGround, host Carol Tallon is joined by Lorna Hagan CQP, Director of Construct Tuition and one to Top 100 influencers in Northern Ireland! Lorna discusses how her own background as a civil engineer with 18 years of experience showed her obvious gaps in training for those new to the industry. This led her to create Construct Tuition to bridge that gap and give new workers further training through various courses including an introduction to the industry. 

🔗 https://constructtuition.co.uk/

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/

REAL ESTATE: uat.irishrealestate.news

Residential 

• New Study Shows Lack Of Second Hand Homes In Irish Market https://www.midlands103.com/news/midlands-news/new-study-shows-lack-of-second-hand-homes-in-irish-market/

• Experts warn of two-tier mortgage market as thousands of homeowners to be hit with hikes https://m.independent.ie/business/personal-finance/experts-warn-of-two-tier-mortgage-market-as-thousands-of-homeowners-to-be-hit-with-hikes/a947799798.html

• Less than 60% of new homes sold last year went to individual buyers: Research underlines current difficulties facing households looking for new home given purchasing activity of funds and other organisations https://www.irishtimes.com/business/2024/08/30/less-than-60-of-new-homes-sold-last-year-to-individuals-dng/

• Student landlords over-egging the pudding on lease length limits: New law allows tenants to request longer leases https://www.irishtimes.com/business/2024/08/31/student-landlords-over-egging-the-pudding-on-lease-length-limits/

• Average Cork city rent over €2,000 per month for first time https://www.irishexaminer.com/news/arid-41462815.html

• Galway rental price rise ‘more than Dublin’ as property market hit hard by inflation: The rise has far surpassed the average https://www.galwaybeo.ie/news/galway-news/galway-rental-price-rise-more-9510838.amp

• Rents across Carlow and Kilkenny have risen significantly since this time last year https://kclr96fm.com/rents-across-carlow-and-kilkenny-have-risen-significantly-since-this-time-last-year/

• Louth among counties with lowest availability of houses for sale: New analysis by property consultants Savills Ireland https://www.dundalkdemocrat.ie/news/home/1590218/louth-among-counties-with-lowest-availability-of-houses-for-sale.html

• Call put out for Longford property for rent: Anna Petrova, Ukrainian Outreach Support Worker with Longford Community Resources says Longford Arms contract to house 35 people ends at end of month https://www.ireland-live.ie/news/longford-live/1592906/call-put-out-for-longford-property-for-rent.html

• Report shows five times more Airbnbs listed to let in Tralee than private rental accommodation https://www.radiokerry.ie/news/report-shows-five-times-more-airbnbs-listed-to-let-in-tralee-than-private-rental-accommodation-397845

• A renovated Dalkey three-bed, a stone’s throw from Castle Street: Grainne Rothery’s pick of the properties available to buy in Ireland this week https://www.thetimes.com/world/ireland-world/article/a-renovated-dalkey-three-bed-a-stones-throw-from-castle-street-hl9ctb0sq

• Victorian redbrick and three-bed mews on Wellington Road, for €3.95m: Substantial mews built an the end of the garden could potentially be rented out or sold on https://www.irishtimes.com/property/residential/2024/08/28/victorian-redbrick-and-three-bed-mews-on-wellington-road-for-395-million/

• City to Country: Contemporary Dublin 3 loft for €545k or thatched cottage on Clare coast: Buyers can choose from a mix of great urban and rural finds https://www.irishexaminer.com/property/residential/arid-41463154.html

• Sunvale House: where luxury meets legacy in the heart of Kildare’s horse country: The Straffan birthplace of The Tetrarch and European champion Limato has come to market with French Estates guiding €1.8 million https://www.businesspost.ie/property/sunvale-house-where-luxury-meets-legacy-in-the-heart-of-kildares-horse-country/

• My childhood home is for sale — so I went back for a viewing: When she spotted the hand-shaped knocker of her old house on a property listing, Zoe Dare Hall knew she had to return to see it https://www.thetimes.com/life-style/property-home/article/my-childhood-home-is-for-sale-so-i-went-back-for-a-viewing-r3hksc0hz

Commercial 

• Banks ready legal moves against ‘obsolete office’ owners: Commercial landlords face action over struggling properties as values plummet https://www.businesspost.ie/article/banks-ready-legal-moves-against-obsolete-office-owners/

• Workday selects College Square development for new European headquarter office: Pat Crean’s Marlet Property Group clinches deal with US technology giant for landmark Dublin city centre scheme https://www.irishtimes.com/business/2024/08/27/workday-selects-college-square-development-for-new-european-headquarter-office/

• Irish investor in €35m deal for Meta’s Dublin docklands office – a 65% discount on 2018 price: Buyer to acquire East Wall Road building at 65% discount to price paid by South Korean bank in 2018 https://www.irishtimes.com/property/commercial-property/2024/08/29/irish-investor-in-35m-deal-for-metas-dublin-docklands-office/

• Owner locks controversial landlord Marc Godart out of leased property: Owners of building on Westmoreland Street say lease had expired but Godart says they needed a court order https://www.irishtimes.com/ireland/housing-planning/2024/08/30/marc-godart-who-has-been-criticised-for-illegally-evicting-tenants-locked-out-of-dublin-city-property-on-wednesday/ Also: Marc Godart used CCTV to monitor business tenants’ commission system: Foreign nationals rented Dublin city centre rooms for their businesses not knowing the owner of the building was trying to get Godart to leave https://www.irishtimes.com/ireland/housing-planning/2024/08/30/marc-godart-used-cctv-to-monitor-business-tenants-commission-system

• Large scale logistics HQ building in Citywest available to lease from Q4 2025/ The development is a collaboration between EQT Exeter and the Irish-owned firm Sandymark https://www.businesspost.ie/article/large-scale-logistics-hq-building-in-citywest-available-to-lease-from-q4-2025/

• First look inside the new Cork city hotel due to open next month: A little sneak peek inside Cork’s newest hotel development https://www.corkbeo.ie/news/local-news/gallery/first-look-inside-new-cork-29817803

• Impressive opportunities as two landmark Cork bars up for sale with oodles of potential: Two large pubs in prime positions and ready for new owners https://www.corkbeo.ie/news/property/impressive-opportunities-two-landmark-cork-29836975

• Jysk gets the green light for Blackpool retail store: Earlier this summer, the company lodged a planning application with Cork City Council seeking permission to open a new retail outlet in Blackpool. https://www.echolive.ie/corknews/arid-41466493.html

• Galway hostel in the city centre has been rebranded after being sold to private investors for €5m. Sleepzone at Bothar na mBan, a few minutes walk from Eyre Square, has begun trading as the Dawson Hostel. https://galwaybayfm.ie/galway-bay-fm-news-desk/well-known-city-hostel-rebranded-after-e5m-sale-to-private-investors/

• Despite a strong pipeline of new hotels under construction and in planning, investors are snapping up Irish hotel assets https://tophotel.news/investors-eye-irish-hotels/

• Are Irish Pubs drying up? Nearly 40 Leitrim Pubs close in last two decades https://www.leitrimobserver.ie/news/local-news/1590451/are-irish-pubs-drying-up-nearly-40-leitrim-pubs-close-in-last-two-decades.html

• Landmark Laois pub for sale in Portlaoise with ‘potential for other uses’: Genteel pub for sale on the Laois County Town’s top Square https://www.leinsterexpress.ie/story-telling/property/1591718/landmark-laois-pub-for-sale-in-portlaoise-with-potential-for-other-uses.html

• Bells and whistles offices with ‘insta-factor’ being employed to entice workers back: Sustainable accreditation is now just a starting point in the evolution of the modern office where yoga, barista bars and even bespoke office scent is being employed to bring people out of working from home https://www.businesspost.ie/property/bells-and-whistles-offices-with-insta-factor-being-employed-to-entice-workers-back/

PODCAST: The Property Roundup on iPropertyRadio.com

IPAV President shares vision and ambitions for the future of estate agency

This week on #PropertyRoundup on iProperty Radio.com, we are joined by president of IPAV – Institute of Professional Auctioneers and Valuers and director at Rooney Auctioneers, Lisa Kearney. 

Lisa joins us to discuss her new role as president of the Institute of Professional Auctioneers and Valuers, the IPAV’s Young Professional Network and the next generation of estate agency.

Property Roundup is sponsored by Daft.ie, Ireland’s most visited property website 

Watch/ listen back: https://ipropertyradio.com/property-roundup/ 

FACEBOOK group for homebuyers and investors in Ireland 2024: https://www.facebook.com/groups/IrishPropertyBuyers/ 

Further property resources at: https://www.amazon.com/Carol-Tallon/

PROPTECH: https://prop-tech.ie/

Proptech Ireland is updating the database of 2024 Irish technology providers for the built environment – 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

• Revolut to launch first mortgages next spring: Fintech talking to brokers as it prepares to take on AIB and Bank of Ireland https://www.thetimes.com/world/ireland-world/article/revolut-to-launch-first-mortgages-spring-2025-8g5sgw9zk

• Galway start-up Affinity EV secures €40m contract: Ballinasloe-based business has agreed a multi-year partnership with Qmerit, a leading EV charging infrastructure provider https://www.businesspost.ie/tech/galway-start-up-affinity-ev-secures-e40m-contract/

• Collaboration Over Competition: The Future of Real Estate and Proptech Partnerships https://thefintechtimes.com/collaboration-over-competition-the-future-of-real-estate-and-proptech-partnerships/

• Agents rank most effective PropTech innovations https://www.lettingagenttoday.co.uk/breaking-news/2024/8/agents-rank-most-effective-proptech-innovations?source=newsticker

• In Proptech, Is Out of the Office the New In the Office? Distributed workforces are becoming more common for companies https://commercialobserver.com/2024/08/proptech-companies-in-office/

• PropTechBuzz Unveils Superapp to Propel Global PropTech Industry https://www.openpr.com/news/3635925/proptechbuzz-unveils-superapp-to-propel-global-proptech

• UK proptech startup Tract raises funding to address housing problem through AI https://siliconcanals.com/tract-raises-funding/

PODCAST: The Proptech Hot Seat on iPropertyRadio.com

AI and the adoption of new proptech

In the Proptech Hot Seat on iProperty Radio.com this week is Ed Burke, Proptech Founder and long time proptech advocate. Ed joins us to discuss his recent trip to Proptech Vienna, some of the stand out conversations and where Ireland is in terms of adoption of the right technologies to understand how our buildings are performing.

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/

INFRASTRUCTURE, ENERGY, ENVIRONMENT & BIODIVERSITY

  

• Simon Harris: Why Ireland’s booming population needs a minister for infrastructure – It makes no sense to have five or six departments involved to deliver a project, so we will put it all under one plan https://www.businesspost.ie/article/simon-harris-why-irelands-booming-population-needs-a-minister-for-infrastructure/

• Why is our capacity to deliver infrastructure projects worse now than it was in the 19th century? A railway was built from Dublin to Cork with little more than a shovel and a pick in the 1840s. Today the Shannon pipeline project will take 15-20 years https://www.irishtimes.com/opinion/2024/08/28/why-is-our-capacity-to-deliver-infrastructure-projects-worse-now-than-it-was-in-the-19th-century/

• Dubliners will be ‘without water within a decade’, Chamber of Commerce warns: Lack of investment in infrastructure projects poses ‘risk to growth’, says business group https://m.independent.ie/business/irish/dubliners-will-be-without-water-within-a-decade-chamber-of-commerce-warns/a1611402780.html

• The Irish Times view on infrastructure projects: time to get bigger, better, faster: With population growth on a seemingly inexorable upward curve, it is indisputable that infrastructure targets need to be revised https://www.irishtimes.com/opinion/editorials/2024/08/28/the-irish-times-view-on-infrastructure-projects-time-to-get-bigger-better-faster/

• Google blocked from building new Dublin data centre: South Dublin County Council rejected the tech giant’s planning application due to insufficient capacity in the electricity network https://www.businesspost.ie/news/google-blocked-from-building-new-dublin-data-centre/

• Greencoat Renewables plotting the sale of five Irish wind farms: Stock market-listed group will retain significant assets in Ireland https://m.independent.ie/business/irish/greencoat-renewables-plotting-the-sale-of-five-irish-wind-farms/a1528806193.html

• Plans to upgrade vital piece of infrastructure in rural Kilkenny: Plans submitted to Kilkenny County Council https://www.kilkennypeople.ie/news/local-news/1590595/plans-to-upgrade-vital-piece-of-infrastructure-in-rural-kilkenny.html

• Incredible wildlife snapped in east Wicklow via camera traps project https://m.independent.ie/regionals/wicklow/wicklow-district/incredible-wildlife-snapped-in-east-wicklow-via-camera-traps-project/a502121340.html

• Useful resource for home builders and project owners: Ireland’s National Biodiversity Data Centre works to make biodiversity data and information more freely available in order to better understand and assist the protection of Ireland’s biodiversity https://biodiversityireland.ie/

• Seán Quinn lobbies local landowners in a bid to move in on his old windfarm: Former tycoon wants farmers to sign up to a new co-operative energy project https://m.independent.ie/news/sean-quinn-lobbies-local-landowners-in-a-bid-to-move-in-on-his-old-windfarm/a492281159.html

INTERNATIONAL NEWS

• Bidders keen to snap up Seán Quinn’s Q City Indian offices https://www.thetimes.com/world/ireland-world/article/bidders-keen-to-snap-up-sean-quinns-q-city-indian-offices-kwdc3brxs

• Glasgow building site where boy died ‘should have had more CCTV’: Extra security measures only introduced after Shea Ryan, 10, fell down a maintenance hole shaft in 2020, inquiry told https://www.theguardian.com/uk-news/article/2024/aug/26/glasgow-building-site-boy-died-shea-ryan-manhole-more-cctv-inquiry

• ‘We found our little piece of paradise in southwest France’: Starting again after 30 years of running Harvey’s Point was a challenge, but Deirdre McGlone is enjoying the slower pace of life in France https://www.irishtimes.com/abroad/2024/08/29/life-after-running-harveys-point-hotel-we-found-our-little-piece-of-paradise-in-southwest-france/

• First-time buyers made up 48% of house hunters in London this year, data shows: Proportion was biggest since at least 2010 as cheaper mortgage deals slowed exodus from city, says estate agent https://www.theguardian.com/business/article/2024/aug/26/first-time-buyers-london-cheaper-mortgages

• UK housing crisis: Can new towns give Keir Starmer the answer to Britain’s housing crisis? It’s a huge challenge, as shown in Ebbsfleet, where one such new town was launched by George Osborne in 2015, but now only has 3,000 or so of the 12,500 promised homes https://www.theguardian.com/business/article/2024/aug/31/can-new-towns-give-keir-starmer-the-answer-to-britains-housing-crisis

• Allure of the Algarve: New Vilamoura projects offer luxury Algarve living from €420,000 https://www.businesspost.ie/property/allure-of-the-algarve-new-vilamoura-projects-offer-luxury-algarve-living-from-e420000/

• The ‘Back to the Future’ Mall Sells for Redevelopment: The Puente Hills Mall recently turned 50 and sits mostly empty https://lamag.com/real-estate/back-to-the-future-mall-puente-hills-sells

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