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Sun, Dec 15, 2019

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Property prices  are rising at a rate of 0.9 per cent a year, the slowest rate of increase since December 2007. Photograph: Chris Ratcliffe/Bloomberg Construction industry the only ones to learn lesson from last crash
  • Peter Hamilton
  • December 14, 2019, 04:17

Business week: also in the news was Tullow’s share price collapse and fossil fuels

The latest CEO  figures indicate that property prices are almost 17%  off their national peak in 2007 Property prices rise at lowest level since economic recovery
  • Peter Hamilton
  • December 12, 2019, 17:03

Dublin house prices fell 1.5% in year to October, with Dún Laoghaire-Rathdown down 7.1%

The Construction Industry Federation estimates that house and apartment completions will increase this year to 23,000 from 18,072 in 2018. Photograph: Chris Ratcliffe/Bloomberg Housebuilding contracts for first time since 2013, survey finds
  • Joe Brennan
  • December 9, 2019, 05:06

Slippage in residential activity at odds with official data, says Ulster Bank

An artists impression of the development at Dundrum Town Centre. Hammerson gets green light for Dundrum Town Centre apartments
  • Peter Hamilton
  • December 6, 2019, 09:33

Permission has been granted for 107 new build-to-rent apartments

Photograph: iStock Abbey profits dip 10% in ‘patchy’ market
  • Peter Hamilton
  • December 6, 2019, 07:54

Housebuilder is ‘working hard’ to increase activity in Ireland

Global corporations seem to be getting their environmental act together better than governments. Google nears deal, services rebound, and the art of greenwashing
  • Conn Ó Midheach
  • December 4, 2019, 06:34

Business Today: the best news, analysis and comment from The Irish Times business desk

The construction sector has been volatile throughout this year and weak since the UK voted to leave the EU in June 2016 UK building projects put on hold as new orders continue to fall
  • December 3, 2019, 20:34

Activity in UK construction sector contracts as political uncertainty reduces demand

Mariavilla development in Maynooth comprises apartments, duplexes and houses. Photograph: Chris Ratcliffe/Bloomberg Cairn Homes sells 150 homes in Maynooth for €53.5m
  • Peter Hamilton
  • November 28, 2019, 07:21

Housebuilder has also acquired additional land in Dublin for €21.5m

CRH said its earnings growth in the third quarter was helped by more favourable weather conditions than experienced in the first half of the year in North America, with group sales rising 9%  to €21.8bn  for the period as a whole CRH shares hit new high on €4.15bn earnings forecast
  • Joe Brennan
  • November 26, 2019, 17:49

Building materials giant has spent €700m on acquisition deals so far this year

Work in progress at the national children’s hospital site at St James’s earlier in 2019. Photograph: Dara Mac Donaill National children’s hospital builder posts 12% fall in profits
  • Barry O'Halloran
  • November 22, 2019, 05:09

BAM Ireland, firm behind spiralling cost site, says building industry in ‘fragile state’

Utility connection issues need to be fixed. Photograph: iStock Utility connection delays amid housing crisis are inexcusable
  • November 21, 2019, 04:40

Sherry FitzGerald research finds issue causing slowdown in sales closures

The fast-track Strategic Housing Development rules sometimes save a year or more in the planning process. Photograph: Chris Ratcliffe/Bloomberg via Getty Images Plans for 4,377 residential units put before planning board over five days
  • Gordon Deegan
  • November 19, 2019, 21:21

Government fast-track planning rules allow developers bypass local authorities

It has been reported that CRH has hired investment bankers at JP Moran to find a buyer for the business. CRH shares rally on talk of Philippines unit sale
  • Joe Brennan
  • November 13, 2019, 13:26

The transaction could net materials giant $3bn

Dublin, Cork, Limerick, Galway and Kilkenny will be the focus for the fund which expects to support construction of up to 2,000 new homes.  Photograph: iStock €50m fund launched for small and medium property developments
  • Peter Hamilton
  • November 13, 2019, 05:39

Backers include AIB, Bank of Ireland and Ireland Strategic Investment Fund

Brent geese at Clontarf seafront: Crekav says the residents’ case could affect plans to develop the lands. Photograph: Alan Betson Move to change Clontarf housing site to special area of conservation
  • Aodhan O'Faolain
  • November 11, 2019, 20:21

Clonres group go to court over concern for brent geese and black-tailed godwits

According to a new report, there were 7,596 commencement notices or housing starts in the third quarter of 2019 Housing commencement notices jump despite reports of slowdown
  • Eoin Burke-Kennedy
  • November 11, 2019, 18:53

Figures from Building Control Management System point to rise in housing starts

Photograph: iStock Construction activity falls at sharpest rate since June 2013 – survey
  • Peter Hamilton
  • November 11, 2019, 05:19

Brexit jitters drive commercial wobble but residential sector still expanding

Rather than try to force the hand of the Central Bank  might the Government not be better advised to address how to limit the cost of the largest component of a new house price – the land on which it is built? Central Bank again in the firing line as Dublin housebuilding stalls
  • November 9, 2019, 05:50

Dublin Economic Monitor says housing completions in the city are down close to 14% in the second quarter

A new agreement would set minimum rates for pay, sick pay and pensions for plumbers, pipefitters and welders. Photograph: iStock Builders oppose travel allowances for craftworkers and apprentices
  • Seán McCárthaigh
  • November 6, 2019, 19:59

Representative group broadly in favour of a new pay agreement

Housing finance agency approves €100m in funding for 500 homes
  • Eoin Burke-Kennedy
  • November 6, 2019, 09:41

Home Building Finance Ireland publishes update on operations to date

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The ESRI does not believe prices are vulnerbale to a crash – or at least finds that they are not overvalued in terms of the current state of the economy. Photograph: iStock What Irish house prices say about the regional economic divide
Traffic congestion applies costs to the economy, and to our lives.  Photograph: Dave Meehan How much does sitting in traffic every day cost you?
The port of Dover which is crucial for Britain’s trade What you need to know about the three key Brexit dates in 2020

Latest Business

Christmas tech: Bluetooth headphones to block out the world 08:55
Chris Johns: Money at the heart of what happens next - and new Tory voters are expecting some 15:23
Christmas tech: five mid-range phones for the festive season 14:57
Construction industry the only ones to learn lesson from last crash 14 Dec
Worrying times for Tullow Oil 14 Dec

Commercial Property

A computer-generated image of the Spencer Place apartment scheme in the Dublin docklands. Ronan gets go-ahead for apartments in docklands
The Riverside Centre development will be the biggest commercial development in Tullamore in more than a decade. Photograph: iStock Permission granted for new €20m retail centre in Tullamore
An artist’s impression of the proposed Premier Inn hotel on Gloucester Street in Dublin’s south docklands. Premier Inn secures Dublin docklands site for 108-bedroom hotel
The former Central Bank building will accommodate offices, restaurants and shops. Developers of former Central Bank to spend €100m on renovations
Photograph: Nick Bradshaw Ires shares slip on Sinn Féin proposal for rental freeze

Homes & Property

The average Irish home emits 58 per cent more energy-related carbon dioxide than the average EU dwelling. Photograph: Getty Images Block up the fireplace. Stow the stove. ‘We have to stop burning stuff’
At home on the open road: Vanlife’s modern nomads
5 Broomhill Park, Malone Road, Belfast Romantic Belfast villa looking for its perfect match
Irish 19th-century elliptical side table €2,500-€3,500 at Hegarty Antiques Auction results and forthcoming sales
Move to the country: Gavin Glass and Amy Walsh with   daughter Emmy-Mae in their home in  Curracloe, Co Wexford. Photograph: Patrick Browne ‘It was costing us €4,000 a month to live in Dublin – we couldn’t make ends meet’

Most Read in Business

1 Construction industry the only ones to learn lesson from last crash
2 Worrying times for Tullow Oil
3 ‘Apprentice’ Pamela Laird still has Moxi after Alan Sugar firing
4 Chris Johns: Money at the heart of what happens next - and new Tory voters are expecting some
5 Central Bank warns on Dublin’s €78bn company loans hub
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Columnists

Chris Johns Chris Johns -

Chris Johns: Money at the heart of what happens next - and new Tory voters are expecting some

John FitzGerald John FitzGerald -

Germany needs to walk away from its fear of hyperinflation

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