Construction Industry News | The Irish Times

QIH chief executive, Liam McCaffrey: says the group drove down costs even as employee numbers rose from 721 to 756 during the year. Photograph: David Sleator

Quinn Industrial Holdings posts 62% profit jump

Joe Brennan
April 6, 2017, 16:09

Chief executive says incidents of alleged intimidation have receded in recent times

CRH’s Oldcastle unit in Atlanta is the US’s largest cement and construction and materials group. Photograph: Brenda Fitzsimons

US weather may cause CRH sales to ‘disappoint’, analysts say

Joe Brennan
April 6, 2017, 10:21

Irish building materials giant’s shares had surged as much as 14% after Trump election

The construction industry should be worth just under €17 billion to the Republic in 2017 and employ about 140,000 people, according to Linesight

Expanded construction sector ‘could create 80,000 jobs’

Barry O'Halloran
April 6, 2017, 05:00

Linesight study finds building industry grew 18% and is set to grow by further 15% in 2017

New social housing in Beaumont, Dublin: regulations were overhauled in 2015. Photograph: Alan Betson

Just 37 social housing units delivered by private sector last year

Eoin Burke-Kennedy
April 3, 2017, 06:10

Part V rules require developers to set aside 10% of new builds for affordable housing

The new Radius Housing Association is expected to provide services for 33,000 local households in Northern Ireland.

New NI housing association to spend £300m

Francess McDonnell
March 31, 2017, 17:07

Money will be spent over five years on providing residential accommodation

A seven-judge Supreme Court has dismissed Thomas Joseph O’Connor’s appeal over his constitutional right to equality being violated due to the absence of a statutory free legal aid scheme in extradition cases.

Construction firm director faces extradition to the UK

Mary Carolan
March 30, 2017, 21:39

Thomas Joseph O’Connor received 4½-year sentence in London for €5.8m tax fraud

In Dublin, just 2,800 properties were advertised for sale in January, down 30 per cent year on year, according to analysis by Sherry FitzGerald. Photograph: iStock

Number of dwellings for sale in State falls to record low, figures show

Ciarán Hancock
March 30, 2017, 05:30

Analysis finds investors exiting market and 47 per cent of buyers in 2016 used cash

A Construction Industry Federation (CIF) submission to the Oireachtas Committee on Budgetary Oversight warns shortfalls in State spending on roads, housebuilding and other services threaten future growth. Photograph: Frank Miller

Builders warn against State infrastructural funding shortage

Barry O'Halloran
March 28, 2017, 06:30

Construction Industry Federation urges Government to seek money from Europe

Tom Healy, director of the Nevin Economic Reseach Institute.

Calls for new state company to supply rental housing

Eoin Burke-Kennedy
March 23, 2017, 15:07

Nevin Economic Research Institute says reliance on private sector is not working

The social housing figure for 2016 is unlikely to be anywhere near the Government’s target of about 900 units a year. Photograph: Chris Ratcliffe/Bloomberg

Just 64 social housing units delivered by private sector in 2015

Eoin Burke-Kennedy
March 23, 2017, 06:45

Part V rules require developers to set aside 10% of homes for use as social housing

Crumlin Road Courthouse, which Liverpool developer Lawrence Kenwright intends to turn into a luxury hotel. Photograph: Colm Lenaghan/Pacemaker

Hotel plan for Belfast’s Crumlin Road Courthouse

Francess McDonnell
March 14, 2017, 18:52

Site of supergrass trials will be turned into luxury hotel by Signature Living Group

Bovis stock climbed as much as 10 per cent and was up 7.3 per cent at 888.50 pence as of 10:03am, above Galliford Try’s offer price, which valued the company at £1.2 billion (€1.37bn). Photograph: iStock

Bovis Homes shares up 10% on Galliford Try buyout talks

March 13, 2017, 11:09

Builder expects to complete 15% fewer homes this year due to customer-service issues

Ulster Bank said employment growth in construction in February was “the third-fastest in the survey’s history”. Photograph: Getty Images/iStockphoto

Fianna Fáil calls for more PPPs to fund infrastructure

Mark Paul
March 13, 2017, 00:32

Construction sector data for February shows marked rise in activity after three-month lull

A Bovis home in Truro, England: the combination of companies would create a top-five UK housebuilder with a market value of about £2.5 billion (€2.84bn) and output of more than 6,700 homes a year

Bovis Homes in merger talks with rival Galliford Try

March 12, 2017, 18:03

Initial offer turned down but talks continue about revised deal to create £2.5bn company

No remuneration was paid during the year by Ballymore Residential to founder Sean Mulryan. Photograph: Alan Betson

Mulryan’s Ballymore companies lose almost €10m

Ciarán Hancock
March 10, 2017, 19:50

Ballymore Residential closes the year with net liabilities of just more than €62m

Grafton Group CEO Gavin Slark said in 2016 the group had a “strong financial performance despite challenging trading conditions in the traditional UK merchanting market”. Photograph: Nick Bradshaw

Woodie’s owner Grafton sees profits grow 12% as UK sales rebound in late 2016

Joe Brennan
March 7, 2017, 07:10

Shares in owner of Woodie’s, Chadwicks and Heitons still trading below pre-Brexit levels

CRH group chief executive Albert Manifold. Photograph: Jason Clarke Photography

CRH seen beating cost savings target as focus turns to Tarmac

Joe Brennan
March 6, 2017, 05:45

Tarmac purchase has made UK CRH’s second most important market, after US

Architect Mel Reynolds argues that the building programme will deliver ‘executive’ houses that sell for €350,000 and above while we need homes at around €270,000, that are affordable for a two-income family earning €80,000

Why State’s housing plan won’t make property more affordable

Eoin Burke-Kennedy
March 3, 2017, 06:51

The private build model produces houses that most people can’t afford, says expert

Moody’s warned that a lack of housing could limit the upside for Ireland under a Brexit scenario. Photograph: Alan Betson

Government’s plan to solve housing crisis ‘likely to fail’

Eoin Burke-Kennedy
March 3, 2017, 05:56

Property expert says Rebuilding Ireland strategy is based on faulty assumptions

Eric Olsen, chief executive officer of LafargeHolcim. Photograph: Michele Limina/Bloomberg

Syria woes mar LafargeHolcim’s solid fourth quarter results

March 2, 2017, 08:50

Internal inquiry reveals plant provided funding to armed groups to continue operations

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