Construction Industry News | The Irish Times

Minister for Housing Eoghan Murphy with Brian Moran, senior managing director with Hines (right), and Paul van Stiphout, senior portfolio manager at APG Asset Management, at the announcement of the construction of new apartments at Cherrywood town centre in Dublin. Photograph: Dara Mac Dónaill

Housing Minister wants shift to longer-term rental leases

December 11, 2018, 05:01

Eoghan Murphy plans to being Bill to Cabinet designed to boost residential tenants’ rights

Activity among Irish construction firms has now increased for 57 successive months. Photograph: Alan Betson

Housing demand boosts construction activity in November

Eoin Burke-Kennedy
December 10, 2018, 00:02

Ulster Bank’s latest monitor shows greater activity stemmed from increased customer demand

Abbey said production in Ireland would soon be in progress on five projects, “and we are hoping for a useful contribution to our year-end figures”

Housebuilder Abbey reports 22% jump in revenue

Eoin Burke-Kennedy
December 7, 2018, 17:15

Company says UK sales are holding up well, particularly in the first-time buyer category

FastHouse has announced the completion of its contract to build lodges at the Center Parcs resort in Co Longford. Pictured are Sisk senior contracts manager Cormac Fitzpatrick, Center Parcs construction and development director Paul Kent and FastHouse sales and installations director Sean Fox Photograph: Conor McCabe photography

Fasthouse hopes to build 1,500 homes in areas with housing shortages

Barry O'Halloran
November 27, 2018, 21:01

Rapid-build specialist backed by businessman Kevin Lagan’s €20m investment

CRH has repurchased about €700 million worth of shares since April. Photograph: Brenda Fitzsimons

CRH appoints Merrill Lynch for third phase of share buyback

Peter Hamilton
November 27, 2018, 09:26

Programme will allow for the purchase of up to €100m of ordinary shares

Ireland has a problem with housing but the way to solve it is by building a variety of housing. Photograph: iStock

Irish developers have dangerous fondness for one good thing

November 24, 2018, 06:00

Cantillon: Construction of blocks for rental purposes must not run away with itself

CRH chief executive Albert Manifold in the Roadstone Cement Quarry in Dublin. The company’s share price has been battered in recent months. Photograph: Cyril Byrne

Approval of Trump’s infrastructure plan may lift CRH out of bear territory

Joe Brennan
November 23, 2018, 16:00

CRH’s share price has fallen out of favour but US election results might offer it some hope for near term

Kennedy Wilson’s Capital Docks scheme. Renters can expect to pay €3,300 for a two-bedroom apartment. That comes with a concierge service, a cinema, a gym, resident lounges, business suites, a games room and a so-called chef’s kitchen. Photograph: Tom Honan

Generation rent: big investors tuck into lucrative property pie

Peter Hamilton
November 23, 2018, 05:50

Investors and pension funds could help reshape our relationship with home ownership

Fernbank, a Park Developments project: the builder has taken fresh borrowings from Bank of Ireland and AIB, secured on the group’s assets.

Park Developments profit surges to €11.3m

Barry O'Halloran
November 23, 2018, 02:15

Builder nearly doubles profits in year in which it borrows to pay off debt to Nama

Cairn Homes said it has sold more than 200 apartments and houses in the Marianella development, where it intends to deliver 336 units in total. Photograph: Chris Ratcliffe/Bloomberg

Cairn Homes plans 107 high-end apartments in Dublin scheme

Peter Hamilton
November 22, 2018, 06:00

Developer previously had permission to build 22 houses on Rathgar site

“If you come back, will the job that you take be sustainable or will it be a short-term situation?” Photograph: Frank Miller

Overseas workers ‘don’t trust’ construction sector, builder says

Colin Gleeson
November 22, 2018, 02:43

‘Critical’ need to attract foreign workers to build houses thwarted by boom-bust cycle

‘CRH’s trading update is largely as expected, with third-quarter trading impacted by wet US weather,’ said Davy analyst Robert Gardiner. Photograph: Brenda Fitzsimons

CRH earnings forecast to come in below expectations

Joe Brennan
November 20, 2018, 11:16

Building materials giant rapples with energy costs and Texan downpour

One of Zoobox’s environment-friendly holiday homes

Irish start-up wins contract worth nearly €3m to supply pre-fab homes to Canada

Barry O'Halloran
November 19, 2018, 05:45

Zoobox has raised €5.5m to make holiday homes for sale here and abroad

Westport in Co Mayo was singled out as a place that is attractive and “people-friendly”. Photograph: Eye Ubiquitous/UIG via Getty Images

Real estate body seeks to reward ‘excellence in placemaking’

Peter Hamilton
November 18, 2018, 17:07

The Urban Land Institute is looking for ‘great’ places for its inaugural awards

Ires Reit has signed a deal to buy part of the Tara Towers Hotel site from Dalata Hotel Group with planning permission for 69 apartments.

Ires Reit commits €77.2m to new apartment deals

Joe Brennan
November 16, 2018, 17:36

Ireland’s largest private landlord takes part of Tara Towers site and north Dublin development

Gerard McCaughey of Entekra. To date the company has delivered a number of pilot houses to many of the top 10 builders in the US.

Housebuilder Entekra opens new headquarters in Monaghan

November 16, 2018, 14:30

Company announced plans to hire 100 people in Ireland earlier this year

National Children’s Hospital at St James’s. Photograph: Brenda Fitzsimons

Rising costs drag on children’s hospital builder BAM’s profits

Barry O'Halloran
November 16, 2018, 05:08

Chief executive warn that construction sector remains in a fragile state

Hibernia chief executive Kevin Nowlan said the company was considering selling the apartments to help fund the construction of homes and offices at Gateway, Newlands Cross. Photograph: Tom Honan

Hibernia may sell apartments to fund Newlands Cross scheme

Barry O'Halloran
November 14, 2018, 05:35

Property investor warns again about shortage of residential accommodation

Westminster council is taking action to make property more affordable by imposing a ban on new “super-size” properties

London to ban ‘super-size’ houses for rich

Fiona Walsh
November 14, 2018, 05:33

London Briefing: Global ultra-rich have poured their cash into central London property

Glenveagh’s business is weighted toward providing starter homes, 70 per cent of which are due to cost below €350,000. Photograph: Nick Bradshaw/The Irish Times

Glenveagh Properties acquires two sites for €20m

Peter Hamilton
November 13, 2018, 11:50

Sites in Cork and Dublin capable of delivering over 265 homes, company says

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