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Thu, Feb 21, 2019

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Mattel shares dropped 3.3%  – company said demand for its iconic Barbie doll was slowing. Optimism about potential US-China trade deal peters out
  • Mark Paul
  • February 19, 2019, 18:43

In Dublin Datalex dips after new CFO quits and Kerry falls as Brexit stockpiling revealed

Brendan Smith, who was convicted in 2017 of bid-rigging in contracts won for the company he worked for, Aston Carpets & Flooring. Photograph: Collins Courts Bid-rigging flooring company has ‘shut down’
  • Mark Paul
  • February 19, 2019, 17:57

Aston Carpets & Flooring and its director were convicted after co-conspirator turned

A computer generated image of Echelon’s planned data centre in Co Wicklow. Echelon granted planning permission for €500m Arklow data centre
  • Peter Hamilton
  • February 19, 2019, 10:58

New Irish-owned company is also constructing a facility in Clondalkin

  Island Capital Management Ltd is challenging a ruling by Mr Justice Brian Cregan concerning the treatment of certain documents Siteserv inquiry seeks court permission to use evidence given in private
  • Mary Carolan
  • February 18, 2019, 16:36

Denis O’Brien-controlled Island Capital claims breach of law and rights on retention and use of documents

Urban Green wants to add 17 shops to Castletroy Shopping Centre. The company estimates the extension could provide an additional  300 jobs locally. Photographer: Chris Ratcliffe/Bloomberg via Getty Images Appeals backlog delays Castletroy Shopping Centre extension decision
  • Barry O'Halloran
  • February 18, 2019, 02:15

Backlog means An Bord Pleanála is deciding only 40% of cases on time

An artist’s impression of Cairn Homes’ proposals for Chesterfield House, which planners approved on Friday. Cairn Homes secures permission for 200 dwellings in Blackrock
  • Barry O'Halloran
  • February 16, 2019, 06:05

Approval for 214 apartments and 7 houses at Chesterfield given under fast-track scheme

Builders here are struggling to find workers at every grade, from general operative to project manager. Obsession with third level a factor in construction worker shortage
  • February 16, 2019, 06:00

Industry body’s figures show 89 per cent of companies struggling to hire staff they need

About three-quarters of builders warned that the labour squeeze was hitting their ability to finish new homes and infrastructure on time. Construction companies struggling to hire skilled workers
  • Barry O'Halloran
  • February 15, 2019, 10:25

Study shows high demand for wet trades such as block laying and plastering

‘Cairn will submit a formal application in due course,’ the company said. Photograph: Nick Bradshaw Proposal to build 420 homes in Dublin faces potential delay
  • Barry O'Halloran
  • February 15, 2019, 07:04

Cairn Homes project in Newcastle unlikely to get permission in its current form

While the rate of growth eased to a three-month low, overall Irish construction activity has increased on a monthly basis since September 2013. Photograph:  Alan Betson Construction activity still ‘solid’ despite slower growth
  • Eoin Burke-Kennedy
  • February 11, 2019, 04:54

Ulster Bank barometer suggests housing demand still driving the construction sector

Photograph: iStock Change at Cairn as it appoints new directors, chief commercial officer steps down
  • Ciara O'Brien
  • February 7, 2019, 07:59

Kevin Stanley to leave homebuilder on March 1st

 Albert Manifold, CRH chief executive. CRH circles the wagons as activist snaps up stake
  • February 7, 2019, 06:10

Cantillon: Known for its soft-gloved approach Cevian ultimately packs a punch

CRH CEO Albert Manifold. ‘CRH has been substantially restructured by the CEO over the past five years,’ says Davy.  Photograph: Nick Bradshaw CRH shares jump as Europe’s largest activist investor reveals stake
  • Joe Brennan
  • February 6, 2019, 19:29

Cevian reveals stake as AllianceBernstein analysts say materials giant has ‘lost its way’

Yew Grove’s IPO last June: the company  said it had now fully invested the €75 million generated from its flotation Yew Grove reports first pretax profit as portfolio triples in size
  • Eoin Burke-Kennedy
  • February 6, 2019, 10:18

Stock market’s newest property reit publishes maiden set of results

Ardstone Homes is currently building homes in Dublin, Kildare, Wicklow and Galway. Photograph: iStock Ardstone secures €110m from Bank of Ireland to help build 2,500 homes
  • Joe Brennan
  • February 4, 2019, 05:47

Company plans to deliver more than 5,000 housing units over next five years

Conditions imposed by An Bord Pleanála on the Bailey Court project show Marlet must agree plans with Fingal County Council to deal with a risk of subsidence. Photograph: iStock Developer says objections to Howth scheme covered in conditions
  • Barry O'Halloran
  • February 4, 2019, 05:21

Locals want judge to review decision to grant Marlet permission to build 164 dwellings

Nun’s Island in Galway city centre NUI Galway planning €200m city centre development
  • Peter Hamilton
  • February 1, 2019, 05:10

Dilapidated lands at Nuns’ Island will be redeveloped as part of the plan

Foxtons, which had been a symbol of the British capital’s property boom, closed six of its branches last year. Photograph: iStock UK estate agent Foxtons expects 2018 earnings to drop 80%
  • January 31, 2019, 11:09

House price growth in the UK slowed sharply in January

Cairn Homes chief executive Michael Stanley. Photograph: Cyril Byrne Cairn shares slip despite broker backing
  • January 30, 2019, 16:38

Cantor Fitzgerald issues ‘buy’ note with price target of €1.60 after company briefing

Staff costs at Bennett Construction went up from €9.2 million to €11.57 million last year as numbers directly employed increased from 115 to 147. Photograph: Chris Ratcliffe/Bloomberg Profit at Bennett Construction increases by 7% as sales rise sharply
  • Gordon Deegan
  • January 30, 2019, 05:00

Westmeath-based business sees turnover jump 38 per cent to €283 million

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Subscriber Only

INMO members on the picket line outside St. James’s Hospital in Dublin. Photograph: Dara Mac Dónaill Public sector pay restoration: your spending power is not back to 2008
Cross over the Samuel Beckett bridge and move closer to Grand Canal Dock and you’ll pay a premium of more than 12 per cent for a two-bed property, compared with the opposite side of the river. Photograph: Dave Meehan North or south: Which side of Dublin is cheaper to live in?
The ballooning cost of the children’s hospital has placed the Government in a near impossible position of continuing in the face of huge extra cost, retendering or abandoning the project. Children's hospital: A spectacular example of how things can go wrong

Latest Business

Barclays £3.5bn 2018 profit underwhelms as Brexit bites 07:46
AXA reports lower net profit after IPO costs and natural disasters 07:40
Hack your metabolism with the Lumen CO2 sensor 07:35
IBM Project Debater takes part in first ever AI-human live debate 07:15
Tech review: Canon Eos R delivers fabulous photos but disappointing videos 07:15

Commercial Property

The site is located on New Road about 50m from Clondalkin Town Centre and is occupied by a four-bed house extending to 163sq m (1,752sq ft). Clondalkin infill redevelopment site quoting €600,000
The former Classic cinema site in Harold’s Cross has sold for more than €8 million  – much higher than its €6 million guide price Pub and cinema site sales will boost Harold’s Cross apartment supply
Showgrounds, anchored by TK Maxx, Argos and Marks & Spencer, has been boosted by the arrival of Iceland and Dealz Six new lettings at Showgrounds shopping centre in Clonmel
The property is producing a rent roll of €145,000 per annum Retail and residential building in Blackrock for €1.9m
William Harvey has rebranded to Harvey Logistics specialist William Harvey rebrands to Harvey

Homes & Property

22 Nutgrove Park, in Clonskeagh, was renovated to  become more family-friendly Modern efficiency beside UCD with a blueprint to extend
Liss Ard estate near Skibbereen in west Cork is going for  €5m Famous west Cork estate drops price by €2.5m
22 Manor Villas, Mount Argus Grove, Harold’s Cross What will €275,000 buy in Dublin 6W and west Cork?
Builder Cairn appears confident of a ready uptake at its Mariavilla scheme. Cairn to sell Kildare new homes scheme off plans
Glenart on Richmond Avenue South, Dartry, extends to 3,283sq ft and  sits on a 0.3 acre mature site  Grande Dartry dame for €2.75m a rare buy in Dublin 6

Most Read in Business

1 Battery breakthrough as Irish researchers triple storage capacity
2 US should fix its own lax tax system before attacking Ireland
3 Aer Lingus given six months to fix EU ownership issue in event of no-deal Brexit
4 KFC lease row, food prices in a no-deal Brexit, and Aer Lingus’s ownership issue
5 Samsung launches foldable smartphone with price tag of $1,980
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Columnists

Chris Horn Chris Horn -

Consumer safety is gig economy’s biggest problem

Karlin Lillington Karlin Lillington -

US should fix its own lax tax system before attacking Ireland

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