Evidence of Construction Recovery
€7bn worth of Contract & Supply opportunities detailed in New Report on Key and Major Construction Projects for 2014. Published by Construction Information Services (CIS) the ‘Construction...
View ArticleIncreased funding for every local authority in 2014
Minister Jan O’Sullivan allocated €38.4m to local authorities for a range of private housing grants in 2014. The increased funding supports home adaptations for older people, people with a disability...
View ArticleSisk wins major UK housing contract
Building group Sisk has won the contract for the first phase of a €144 million housing construction project in Clapham in south London. The UK capital’s oldest housing association, Peabody, announced...
View ArticleBAM to become an Official Sponsor to the Irish Open Golf Championship
BAM, Ireland’s largest public works construction company, has announced that it will become an Official Sponsor to the Irish Open Golf Championship which will take place at Fota Island Resort from June...
View ArticleTata Steel, Europe’s second largest steel producer opens the UK’s largest...
Tata Steel, Europe’s second largest steel producer, has today opened the UK’s largest profiling centre for steel plate at its Steelpark plant at Wednesfield in the West Midlands, increasing processing...
View ArticleMinisters Deenihan, Howlin and Hayes visit National Gallery of Ireland to...
Ministers Deenihan, Howlin and Hayes visit National Gallery of Ireland to mark commencement of major refurbishment works. Jimmy Deenihan TD, Minister for Arts, Heritage and the Gaeltacht, Brendan...
View ArticleNoonan says Moodys verdict ‘important, not vital’
Finance Minister Michael Noonan has said a verdict by the ratings agency Moody’s is “important but not vital”. Ireland is currently termed as “junk status”, but with a stable outlook. The agency may...
View ArticleAnglo and Nationwide loan book sell off begins
Finance Minister Michael Noonan says the liquidators of the former Anglo Irish Bank and Irish Nationwide have begun selling off its loan book. The Irish Banking Resolution Corporation was liquidated...
View ArticleProperty investors focus on Dublin
Dublin will be the second most attractive market in Europe for property investors over the next year, according to a major new study. The report, which was carried out by the Urban Land Institute and...
View ArticleCIRI – New register of construction companies and sole traders
Following a request from the Government, the CIF has been working on establishing a new register of construction companies and sole traders. The new register will be called the Construction Industry...
View ArticlePJ Hegarty & Sons sign €35 Million Contract for construction of the new Cork...
The Minister for Justice, Equality and Defence, Alan Shatter TD, has today, Thursday 16th January 2014, signed a €35 million contract with PJ Hegarty and Sons for the construction of a new prison in...
View ArticleThe Irish Building sector to grow to €11 billion and create 10,000 jobs in 2014
The value of construction activity in Ireland is expected to grow by just over €1 billion to approximately €11 billion in 2014 and create up to 10,000 additional jobs. That’s according to the...
View ArticleIrish whiskey brand returns
Irish whiskey brand Dunville, which was established in 1801, is back on the market again after 80 years. The new Dunville Irish Whiskey is being produced at Echlinville Distillery, in Kircubbinin, Co...
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Limerick City Council takes legal actions over alleged unpaid commercial rates
Limerick City Council has begun legal action against a number of local businesses over alleged outstanding commercial rates – including against the company that operates the GAA ground in the city –...
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Rent hikes on way for Grade A industrial units
According to a new report from DTZ Sherry FitzGerald, there is still ample supply overall, but the amount of industrial property, such as warehouses and storage centres, in the right areas remains...
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Lone Star wrangles Sean Reilly’s loan portfolio
Lone Star, the Dallas based private equity fund, has acquired the loan portfolio of developer Sean Reilly for €220 million or a discount of 41 per cent to par. CoStar News, a commercial real estate...
View ArticleNew businesses now not liable for rates arrears
New businesses tenants will no longer be stuck paying rates arrears from old tenants when they take over a new premises after the Government today intervened to end the practice. The amendment will...
View ArticleBuilding begins on new £58m windfarm at Dunbeg
Construction work has begun on a £58m windfarm that will meet the power demand of 24,000 homes once completed. Located on the outskirts of Limavady at Dunbeg, the 42 megawatt windfarm will be fully...
View ArticleNAMA offices to be made available free for startups
The scheme will probably be rolled out this year under the 2014 Action Plan for Jobs, the Irish Independent reports today. The idea emered out of the Department of Jobs’ Entrepreneurship Forum, a...
View ArticleLaunch of manufacturing operations of BioMarin in Cork
The Minister for Jobs, Enterprise and Innovation Richard Bruton, TD, today officially launched the construction, validation and commissioning phase of manufacturing operations at BioMarin Manufacturing...
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