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A computer-generated image of the Vertium Building, in which U+I owns a 20 per cent interest UK property group gains less than expected from Percy Place sale
  • Peter Hamilton
  • May 25, 2017, 16:49

U+I saw value of Irish assets decline by 28% last year

NI Water said bond securities are put in place primarily to protect the customer, particularly those buying new-build homes. NI Water ‘stalling’ new building projects, developer says
  • Francess McDonnell
  • May 24, 2017, 15:37

Provider says bond securities are in place to protect consumers

Economist John FitzGerald has said a ‘profound pessimism’ nationally meant Ireland missed an opportunity to deal with the housing crisis at a much earlier date. Photograph: Dara Mac Dónaill Dublin councils accused of preventing housing development
  • Olivia Kelly
  • May 24, 2017, 05:00

John FitzGerald calls for local authorities to address regulatory constraints in the sector

Marlet recently hired property dealer Savills to sell a number of its Dublin development sites to overseas investors before the homes themselves are completed Marlet wants to add 76 apartments to Bluebell development
  • Barry O'Halloran
  • May 22, 2017, 12:08

Company will need an estimated €2bn to build all the new homes it has planned

LafargeHolcim previous CEO quit after the company made payments to extremist groups in Syria. Photograph: Patrick  Kraemer/EPA LafargeHolcim hires Sika boss Jan Jenisch as next CEO
  • May 22, 2017, 07:19

Jenisch is to take over as chief executive at the Swiss-French building materials giant

Decision could have significant implications for company directors, who are normally protected from costs liability by the ‘corporate veil’. Photograph: iStockphoto Building firm owner liable for €735,000 costs in failed action
  • Mary Carolan
  • May 19, 2017, 18:33

Decision in Charlie Chawke pub case may have ‘chilling’ effect on litigation by companies

The action by William Loughnane’s company W. L. Construction Ltd was previously dismissed by the High Court, at the close of WL’s 28 day evidence, as an abuse of process and due to being tainted by “fraud and dishonesty” of Mr Loughnane. (Photograph: iStockPhoto) Company owner held personally liable for firm’s failed action costs
  • Mary Carolan
  • May 19, 2017, 13:23

William Loughnane has been found liable for €735,000 costs

RTÉ 8.6 acre site for development.  Photograph: Cyril Byrne State’s housebuilding crisis down to lack of listed builders - Cairn
  • Joe Brennan
  • May 18, 2017, 06:00

Michael Stanley confirms Cairn interested in RTÉ’s €75m site in Donnybrook

Cairn Homes would only be interested in developing apartments on the 8.64 acre RTÉ site, which estate agent Savills is selling at a guide price of €75 million. Cairn eyes RTE site with aim to build up to 500 apartments
  • Joe Brennan
  • May 17, 2017, 12:52

Homebuilder also plans to sell €50 million of non-core residential sites by end of 2018

Kingspan CEO Gene Murtagh. Photograph: Cyril Byrne Kingspan has €500m headroom for deals, Davy says
  • Joe Brennan
  • May 17, 2017, 11:16

Shares fall as the market worries about rising costs of key ingredient for insulation

Index shows that in general most property types dropped in value with only semi-detached houses showing no sign of decline. Photograph: Gareth Fuller/PA Wire Fall of 0.8 per cent in North’s residential property prices
  • Francess McDonnell
  • May 16, 2017, 17:59

Apartments show biggest drop between quarter four 2016 and quarter one 2017

US housing starts dropped 2.6 per cent to a seasonally adjusted annual rate of 1.17 million units in April. Photograph: iStockPhoto US housing starts fall to five-month low
  • May 16, 2017, 16:56

Weakness in construction of multi-family units is blamed for slowdown

More apprentices needed as construction employment could rise to 213,000 by 2020 Skills shortage could prolong housing crisis, builders warn
  • Colin Gleeson
  • May 16, 2017, 11:51

Number of apprentices ‘must double by 2020’ or the State will need foreign builders

Kennedy Wilson, the development manager of the Capital Dock site, will ultimately own an 85 per cent interest in the site, with Nama owning the balance. JP Morgan move cements Capital Dock as flagship development
  • Peter Hamilton
  • May 15, 2017, 09:09

Dublin docklands scheme to have 32,000sq m of office space and 190 residential units

Irish construction sector growth accelerated for the third consecutive month in April, posting a reading of 61.3, up from 60.8 in March, to reach a six-month high. Photograph: Frank Miller  Construction growth accelerates for third consecutive month
  • May 15, 2017, 05:52

Civil engineering expands for first time since last September, Ulster Bank survey finds

 Catherine and Oliver Morrissey with Emma Hannigan, host of the Irish Australian Business Awards Wild Geese: the Tipperary man drawing the map of Sydney
  • Eimear McGovern
  • May 12, 2017, 07:45

Oliver Morrissey developed an app that has been described as the Google Maps of underground utilities

Designer Group chief executive Michael Stone Two Irish companies to create 250 jobs in Dublin
  • Charlie Taylor
  • May 12, 2017, 06:00

Aspire Technology and Designer Group both set to increase headcount over next year

The cost of Tesla’s roof tiles is about $42 (€39) per square foot Tesla’s new solar roof is a leap forward – but who can afford it?
  • May 11, 2017, 08:40

It looks great but is potentially pricier upfront than traditional roof with solar panels

Mr Justice O’Connor  said the defendants had agreed to a settlement and to ascertainment of costs, which is envisaged by the EEO regulations Motorway construction firm ‘contrived to scupper’ agreement
  • May 10, 2017, 20:55

Case brought by 10 Portuguese workers employed on Nenagh to Limerick motorway

Trevor O’Regan, director of international consulting for PM Group in Asia PM Group wins €5m in Asian Development Bank projects
  • Clifford Coonan
  • May 10, 2017, 08:31

‘Future is bright’ for Irish companies in Asia willing to put in the legwork, says director

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Latest Business

CSO paints a very different picture of Irish economy with new measure 01:01
US retail sales unexpectedly drop for a second month in June 20:41
Ryanair wins €248,900 judgment for Twitter threat 20:11
US banks dampen a good week for equities 18:49
Brexit: Donohoe tells Hammond transitional deal is essential 18:23

Commercial Property

Hines has just opened its latest development, the 447-bedroom Dorset Point on Dorset Street. Alex Knapp, the managing director of the student accommodation business, said it is seeking planning for another block on Cork Street.  Photograph: David Davies/PA Wire Hines opens 447-bed block in Dublin with plans for more
The crane scene in Dublin. Photograph: Alan Betson Crane watch: 69 cranes over the centre of Dublin on July 1st
Carton House: The 668-acre mansion, hotel and golf and sports facilities “reached consensual agreement with Nama to put Carton House Resort on the market” for €60m. Kildare’s Carton House hotel and resort on market for €60m
Fonthill Business Park, D22: This office block and warehouse currently leased to United Drug has sold for more than €11m. Unsold building from Magellan Portfolio goes for €11.05m
The former Central Bank headquarters on Dame Street, which is set to be redeveloped by Hines and Peterson Group. Photograph: Matt Kavanagh HSBC lends €100m for redevelopment of former Central Bank building

Homes & Property

Greta Grossman: The woman who always kept ‘one step ahead’ in male dominated industry
A crew-signed ‘Apollo 11’ emblem flown to the moon by command module pilot Michael Collins ‘Apollo 11’ sale a giant leap for Sotheby’s 48 years after moon landing
Holly White at home in Dublin: “Home feels like a sanctuary.”  Photograph: Aidan Crawley Blogger Holly White’s all-white home
Checking out the cream of Irish design plus some great storage for kids’ rooms
A fine fixer-upper for techies at €595,000

Most Read in Business

1 CSO paints a very different picture of Irish economy with new measure
2 Inevitable death of diesel engine bodes ill for German car makers
3 Irish economy about one-third smaller under new growth indicator
4 Tenants paying more than €2,500 monthly face 1% stamp duty bill
5 Cloud-based firm to create 100 jobs in Republic
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