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Record take-up of industrial space as economic recovery drives demand
According to property consultants Savills Ireland, vacancy rates for industrial space in Dublin will continue to decline this year following record up-take of approx. 274,000 sq. m in 2013. In its...
View ArticleMainstream Renewable Power to invest €3.1b on 8 wind and solar projects in 2014
Irish developer Mainstream Renewable Power expects to kick off construction on eight wind and solar projects with a combined capacity topping 1GW this year. The shovel-ready schemes, which are spread...
View ArticleClare County Council shortlisted four times at the 8th annual National...
Four Clare County Council planning projects have been shortlisted for honours at the 8th annual National Planning Awards in Dublin Castle on February 21st. The projects are among 33 shortlisted by the...
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The High Court has approved a survival plan for key SIAC companies
The High Court has approved a survival scheme for seven key companies in construction giant SIAC employing about 200 people. The scheme, subject to some final modifications being approved later this...
View ArticleNTMA to seek €8bn in bonds for 2014
The National Treasury Management Agency (NTMA) said today that the country needs around €8bn this year to be fully funded through 2015. Following its successful syndication of €3.75 billion of a new...
View ArticleFitch expects more banks to offer mortgage write-downs following AIB
International ratings agency Fitch expects other banks to follow Allied Irish Banks move to offer write-downs to customers in mortgage arrears. It said in a new report that this is “inevitable” and...
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Government fails to impose SME lending targets on AIB and Bank of Ireland for...
Fianna Fáil Spokesperson on Finance Michael McGrath has described as short-sighted and a major mistake the failure of government to impose any SME lending targets on AIB and Bank of Ireland for 2014....
View ArticleIrish Water seeking ‘urgent’ tenders for €500 million project to supply...
A 7 year project to bring water from the River Shannon to Dublin has commenced. The €500 million Irish Water project is the first major infrastructure project undertaken by the new utility company....
View ArticleHibernia REIT in €67m deal with Ulster Bank
Hibernia REIT is to acquire a portfolio of residential real estate loans from Ulster Bank for €67 million. The porfolio of assets, which are held by RBS Capital Resolution, include 213 partly completed...
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Construction companies and sole traders can now apply to join construction...
Construction companies and sole traders can now apply to join the new register for the construction industry. The Construction Industry Register Ireland (CIRI) is being set up to help distinguish...
View ArticleConstruction & manufacturing helps firms in growth-mode jump by 30%
According to the latest quarterly business monitor from the Newry-headquartered all-island trade body, InterTrade Ireland, the percentage of businesses experiencing growth jumped from 10% this time...
View ArticleNoonan to widen tax bands to help job creation
The Government’s plans to reduce the tax take from higher earners will depend on how much the State gets in taxation this year, Finance Minister Michael Noonan has said, according to the Irish...
View ArticleSurvival plan for key SIAC firms and over 200 workers ‘in peril’ – court told
A challenge to court approval for a survival scheme for key companies in construction giant SIAC has placed the companies and the jobs of 219 employees “in peril”, the Supreme Court was told today,...
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€30m will be invested in upgrading the energy efficiency of local authority...
Minister for Housing and Planning, Jan O’Sullivan, TD, has announced that €30m will be invested in upgrading the energy efficiency of local authority homes this year. The funding is part of a three...
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Minister for Public & Commuter Transport, Alan Kelly, has today announced the provision of over €3 million of sustainable transport grants for Galway City. The funding, administered by the National...
View ArticleSepam looking for 200 new team members
A Clonmel-based construction firm Sepam is looking to hire up to 200 staff locally after winning a contract to build the biggest petro chemical plant in Saudi Arabia. The massive project is gearing up...
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CRH announces board appointment of Mr. Henk Rottinghuis as a non-executive...
The Board of CRH plc is pleased to announce the co-option to the Board today, 18 February 2014, of Mr. Henk Rottinghuis as a non-executive Director. Mr. Rottinghuis (58), a Dutch citizen, has a...
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Liberty Hall unwrapped
The wrap which has covered the Liberty Hall has been taken down. The covering was installed around the building last September to mark the 1913 Lockout’s centenary. SIPTU’s Head of Communications Frank...
View ArticlePaddy McKillen granted subpoena
Investor Paddy McKillen has claimed that communications between a number of officials at the Department of Finance, NAMA, and agents of the Barclay brothers, in relation to the sale of his loans by...
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1850 new jobs to be created over next three years by 122 High Potential Start...
1850 jobs will be created over the next three years by 122 High Potential Start-Up companies supported by the Department of Jobs through Enterprise Ireland, the Minister for Jobs, Enterprise and...
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