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Sat, Jul 15, 2017

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Grafton Group chief executive Gavin Slark said the group expected favourable trends in its Irish and Netherlands businesses to continue. Photograph: Nick Bradshaw Grafton Group says UK business on track despite Brexit
  • Joe Brennan
  • May 9, 2017, 07:10

Shares in builders merchanting and DIY group have surged more than 35% in 2017

Construction site insulation. Photograph: iStock Builders face insulation ‘headache’ amid key chemical shortage
  • Joe Brennan
  • May 9, 2017, 05:52

Scarcity sees Kingspan, Quinn Industrial Holdings and Xtratherm cut insulation supply

 The appointment of James Butler of GBW accountants as the company’s liquidator was ratified at a creditors’ meeting on Friday. Photograph: iStockphoto Precision Electric Ireland goes into liquidation with €4.3m debts
  • Peter Hamilton
  • May 8, 2017, 11:08

Engineering firm has €727,000 deficit, but also €4.4m in work-in-progress claims

Moody’s said CRH’s debt-reduction efforts have been “impressive”. Photograph: Brenda Fitzsimons CRH seeks to refinance $650m of debt through bond sale
  • Joe Brennan
  • May 2, 2017, 15:45

Moody’s upgrades credit rating on Ireland’s largest publicly-quoted company

IDA chief executive Martin Shanahan: “The availability of high-quality property solutions is a key component in winning foreign direct investment projects. Photograph: Alan Betson IDA planning €7m Dundalk office building
  • Peter Hamilton
  • April 28, 2017, 13:00

Louth site to cater to IDA client companies and construction has been put out to tender

CRH chief executive Albert Manifold addressing the company’s agm in Dublin. Photograph: Gary O’ Neill CRH executives defend pay at shareholders’ meeting
  • Mark Paul
  • April 27, 2017, 20:14

Chairman says CRH is entering ‘new phase’ of growth and acquisitions

Kingspan chief executive Gene Murtagh: key UK market has become “a little softer than at the turn of the year”. Kingspan shares fall as UK demand ‘softens’ and costs rise
  • Joe Brennan
  • April 27, 2017, 18:47

Cavan-based insulation products group says first-quarter sales have hit €831.2m

CRH chief executive Albert Manifold:  “the performance of the Philippines does emphasise the volatility of emerging markets”. Photograph: Cyril Byrne CRH defends Philippines plans amid sales slump
  • Joe Brennan
  • April 26, 2017, 07:16

Philippines business stands out as weak spot in otherwise strong CRH trading update

 Shattered windows on a ghost estate in  Gorey, Co Wexford. Photograph: Garry O’Neill ‘Ghost estate’ homes dwindle to fewer than 3,000
  • Eoin Burke-Kennedy
  • April 26, 2017, 05:00

About 30,000 ghost-estate homes have entered housing stock in past six years

A leading housing expert has criticised the Government’s ‘misleading’ figures for the number of new homes built last year. File photograph: Getty Images Government’s housing figures are ‘misleading’, expert says
  • Ciarán D'Arcy
  • April 24, 2017, 16:42

Dr Lorcan Sirr criticises method of counting new-builds following ‘Irish Times’ report

Eric Olsen: terms of his departure were still being discussed on Sunday, according to people close to the company.   Photograph: Arnd Wiegmann/Reuters LafargeHolcim chief to step down over Syria controversy
  • April 23, 2017, 19:18

Cement maker said unacceptable measures taken to keep plant open as war intensified

The number of new homes built in the State last year was just 2,076, a fraction of the Government’s 15,000 estimate, according to new figures. Photograph: Reuters/Neil Hall New data shows just 2,076 homes built last year
  • Eoin Burke-Kennedy
  • April 23, 2017, 13:51

Freedom of Information figures show new homes falling far short of Government’s 15,000 estimate

 British shares suffered their worst day’s drop since  the Brexit referendum as prime minister Theresa May called a snap general election. Photograph: Cyril Byrne Theresa May’s call for snap UK election shakes markets
  • Peter Hamilton
  • April 20, 2017, 16:44

CRH and Smurfit Kappa down while European stocks fall due to geopolitical concerns

The NTMA’s headquarters in the Treasury Building, Dublin. Photograph: Cyril Byrne/The Irish Times NTMA plans development of six sites for social housing
  • Peter Hamilton
  • April 20, 2017, 16:44

Tendering documents outline plans for developments with 50-150 units per site

Kingspan chief executive Gene Murtagh’s remuneration rose more than 9 per cent last year. Photograph: Cyril Byrne Kingspan investors urged to reject share bonus plan
  • Joe Brennan
  • April 20, 2017, 16:43

Institutional Shareholder Services says it will be too easy for executives to get hold of stock

 CRH chief executive Albert Manifold: company’s latest annual  showed his remuneration package surged 85 per cent last year to €10 million. Photograph: Cyril Byrne CRH to avert pay revolt as chief’s package doubles to €10m
  • Joe Brennan
  • April 20, 2017, 16:42

Influential investor advisory firms Glass Lewis and ISS back remuneration report

Paul Coulson: he floated his Ardagh glass and metal containers group in New York last month, raising $319 million. Photograph: Alan Betson Millions reaped as Irish companies float and sell shares
  • April 20, 2017, 16:36

Moves from Tullow Oil, Ardagh, BoI and AIB reward managers, lawyers and advisers

Artists impression of the new facility at Baldonnell. Green light for €40m logistics hub in Baldonnell
  • Peter Hamilton
  • April 20, 2017, 16:24

Mountpark facility could offer up to 1,000 jobs when complete

Sean Mulryan’s Forget The Past, running at Leopardstown Photograph: Eric Luke Ballymore puts the building boom back into horse racing
  • Barry O'Halloran
  • April 13, 2017, 13:36

Sean Mulryan’s company to sponsor headline contest at Punchestown

New orders drove the sharpest increase in building for five months in March, the Ulster Bank Construction Purchasing Managers’ Index shows. Photograph: Alan Betson Pace of jobs and activity growth in construction accelerates
  • Barry O'Halloran
  • April 10, 2017, 05:05

Employment in building industry up 40% in first quarter of year, according to IrishJobs.ie

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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 Brexit now resembles a mash-up of ‘Father Ted’
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