CIS News

GAA gets green light for centre of excellence

FENAGH will soon be home to a field of dreams after Carlow County GAA Board got the green light to go ahead with a multi-million euro sports complex  More...
(02/09/2010)
 

Green Light For Chicken Waste Incinerator

Plans for a chicken litter incinerator at Glenavy in County Antrim have been approved.   More...
(02/09/2010)
 

St Aidans Bids For New Sports Hall

A Dublin school is planning a development of its sporting facilities.   More...
(02/09/2010)
 

Carrick YMCA Gets Boost

Tenders are now being sought by the YMCA for the construction of a new premises in the seaside town of Carrickfergus.   More...
(01/09/2010)
 

Carrick YMCA Gets Boost

Tenders are now being sought by the YMCA for the construction of a new premises in the seaside town of Carrickfergus.   More...
(01/09/2010)
 

New leisure and housing development on course to create 900 jobs

A new leisure and housing development in west Belfast could create 900 jobs, Social Development Minister Alex Attwood said.  More...
(31/08/2010)
 

Irish Distillers to expand as sales of Jameson soar

Pernod Ricard gives the green light for new whiskey warehousing facilities  More...
(31/08/2010)
 

NI Builders Win £85m Liverpool Contract

Two Northern Ireland firms have scooped an £85 million contract to develop five mental health care facilities in Liverpool, Sefton and Kirkby.   More...
(26/08/2010)
 

Designer outlet shopping for city

WATERFORD city has been given a massive vote of confidence with news that over 300 jobs will be created in the retail sector by three separate multi-national companies if planning permission for a major outlet complex is given the go ahead.  More...
(26/08/2010)
 

New Ross to get new pool

Almost €4 million in funding has been approved for the construction of a new swimming pool complex in New Ross.  More...
(26/08/2010)
 

Developers outline cinema complex plans for Dublin

THREE of Ireland’s top leading developers have outlined plans to develop cinema complexes at key sites in Dublin, but given the growing complications with NAMA and financial concerns it could be quite some time before they open at a screen near you.  More...
(26/08/2010)
 

Powerful Boost For Wexford Builders

Up to 400 construction workers will be employed during the redevelopment of the Great Island power station at Campile in Wexford.  More...
(24/08/2010)
 

Narrow Water Gets Facelift

An iconic piece of NI's heritage is to enjoy an upgrade with work about to begin on the amenity site to improve the visitor experience at Narrow Water Castle, Warrenpoint.   More...
(17/08/2010)
 

Supermarket Plans New Lisburn Store

Supermarket company Lidl have lodged plans for a new store in Lisburn.   More...
(17/08/2010)
 

Strabane Hotel Project Gets Underway

A major re-development of the border town of Strabane could mean a boost for the local economy and a major fillip for the construction sector.   More...
(17/08/2010)
 

Belfast Regeneration 'To Continue': Attwood

Despite suffering a major budget cut in June, the Stormont Social Development Minister Alex Attwood has pledged that his Department would "work hard to meet its urban regeneration commitments".   More...
(12/08/2010)
 

Derry Construction Projects Boosted

Continuing public sector investment in the North West plays a key role in transforming the UK City of Culture 2013, NI Finance Minister, Sammy Wilson has said.   More...
(12/08/2010)
 

€190 Million Promised For Tourism

Around €190 million will be invested in upgrading and developing tourist facilities around various locations in the Irish Republic to kick-start the struggling sector.   More...
(12/08/2010)
 

€Millions For Job Creation Promised

Millions of Euros are to aid job creation as the Tánaiste and Minister for Education and Skills, Mary Coughlan, announced her allocation of an additional €12 million to the Labour Market Activation Fund.   More...
(11/08/2010)
 

Patton Fit-Out Books Library Project Prize

Patton Fit-Out has picked up a top prize for its work on a state-of-the-art library in Shepherds Bush, London.   More...
(11/08/2010)
 

Construction firms report first rise for new business in over three years

THE beleaguered construction sector moved closer to levelling off in July, as firms reported the first rise in new business in more than three years.  More...
(09/08/2010)
 

£23m For NI School Building Projects

An extra £23 million is to be spent building 14 new schools and carrying out maintenance work on others, which is a major boost to the construction industry.   More...
(06/08/2010)
 

€750m Set Aside For Childrens' Hospital

Paediatric care is in for a major boost with news that a long-awaited planning application for a new national children's hospital for Dublin are about to be submitted.   More...
(05/08/2010)
 

Building Bonanza For NI Schools

There was good news on two fronts today with both the educational and the construction sectors being boosted.   More...
(05/08/2010)
 

Firm secures landmark £90m project in Egypt

Mivan has secured one of the largest contracts in its history – a commercial and residential construction project in Egypt worth more than £90m.  More...
(04/08/2010)
 

Second Airport Could Land In South-East

There's a huge boost for the construction sector set to wing its way into Ireland's south-east region with news that the area could soon see a second airport being built.   More...
(03/08/2010)
 

Confusion On Maze Peace Centre's Location

Long-awaited proposals for the construction of a EU-funded Peace Building and Conflict Resolution facility at the former Maze Prison is to go ahead.   More...
(03/08/2010)
 

Green Light For Omagh Development

A £350m development is set to transform rural Omagh and create many new jobs in the process.   More...
(03/08/2010)
 

11,000 new houses built as 300,000 still lie empty

THOUSANDS of homes across the country are still being built -- as a new report warns that 120,000 existing houses are unlikely ever to be sold.  More...
(30/07/2010)
 

Foster Backs Renewable Energy

The Stormont Energy Minister Arlene Foster has announced a consultation on proposed changes to the Northern Ireland Renewables Obligation (NIRO).   More...
(29/07/2010)
 

Ballymena Firm Builds Film Archive

A Co Antrim building firm was celebrating contracts worth almost £18m this month with the work including a major project in Birmingham constructing a storage facility for the British Film Institute.   More...
(29/07/2010)
 

€1M For Killarney House Facelift

Remedial works, estimated to cost €1 million, are to start shortly at Killarney House, Minister for Heritage John Gormley has confirmed.   More...
(29/07/2010)
 

Merchant Hotel Opens £16m Extension

Saturday 31st July 2010 will see the first guests arrive at the 'New Chapter' in Northern Ireland's Merchant Hotel.   More...
(29/07/2010)
 

Builders' Boom For Cookstown

Mid-Ulster is set for a construction bonanza with Cookstown in line for a boost with two major retail and residential developments planned for the town centre.   More...
(29/07/2010)
 

Construction firm secures €450m Polish road project

An Irish construction company has won a major contract worth over €450m to build a 35km motorway in Poland.   More...
(27/07/2010)
 

Holywood Bids For £12M School Scheme

A major school rebuilding plan in North Down has reached a crucial stage today with plans officially submitted for the building project.   More...
(27/07/2010)
 

Huge €50M Sewage Project Gets Funds

There's a over €50 million sewage scheme being undertaken in Co Waterford.   More...
(27/07/2010)
 

New jobs at House of Fraser

New jobs at House of Fraser  More...
(27/07/2010)
 

Hopes of 270,000 jobs under Government spending plans

About 270,000 jobs could be created by 2016 under Government plans to boost spending on enterprise, education, the environment and public transport, it was announced.  More...
(27/07/2010)
 

Northern Ireland developer in Slovakia project

A Northern Ireland property developer has secured a £34 million (40 million euro) loan to develop a shopping centre in Slovakia.   More...
(23/07/2010)
 

MJM group wins UK contracts worth £6.2 million

THE MJM Group has secured new contracts worth £6.2million with support from Invest Northern Ireland.   More...
(22/07/2010)
 

GRAHAM ‘plunges’ into another leisure facility project.

GRAHAM has recently added to its portfolio of leisure and swimming pool projects being awarded the contract for the Active Life Style Centre, Oswald Park, Oswestry  More...
(22/07/2010)
 

Patton Scoops Liverpool Fit Out Management

A Co Antrim-based construction group has won a major contract in Liverpool to oversee the fit out a new museum.   More...
(22/07/2010)
 

Co Down Firm 'Cooks Up' £5m Restaurant Deal

A South Down-based joinery sub-contractor has won a £5m contract to fit out a restaurant for celebrity chef Heston Blumenthal.  More...
(22/07/2010)
 

Huge R&D Centre Planned In Tralee

Builders are hoping for a fillip after news of plans for a Global Pharmaceutical Centre that could bring an €4.7bn investment to Tralee, Co Kerry.   More...
(21/07/2010)
 

Shannon eyes development zone at Knock

Shannon Development has begun a feasibility study in to the development of a new Enterprise Park at Ireland West Airport Knock that could create 300 new jobs.  More...
(20/07/2010)
 

Planning Bill marks new era for how Ireland plans for future

Ciarán CuffeThe enactment of new planning laws will see the beginning this summer of a transformation in how we plan our towns, cities and regions, the Minister of State with responsibility for Planning and Sustainable Development, Ciarán Cuffe said today  More...
(15/07/2010)
 

A closer look at the Masterplan

The Carrickfergus Masterplan was launched in the Town Hall by Social Development Minister Alex Attwood last week.  More...
(14/07/2010)
 

Sport facility proposals for 400-year-old handball alley

A 400-YEAR-OLD handball alley in Poyntzpass is to be given a new lease of life - as a modern multi-sport facility.   More...
(14/07/2010)
 

750 jobs from new Tesco stores

Tesco Ireland has confirmed that it is to open seven new stores and create almost 750 new jobs.  More...
(14/07/2010)
 

Shannon eyes development zone at Knock

Shannon Development has begun a feasibility study in to the development of a new Enterprise Park at Ireland West Airport Knock that could create 300 new jobs.  More...
(12/07/2010)
 

Jobs boosts for Shannon and Cork

117 jobs are to be created over the next three years at the US firm Genworth Financial, which is based at the Shannon Industrial Zone in County Clare.  More...
(12/07/2010)
 

Construction drop smallest since 2007

A survey which measures the health of the construction industry has found that activity fell in the sector again in June, but the drop was the smallest for almost three years.  More...
(12/07/2010)
 

'Concrete Decision' On Portrush Plant

The scenic north coast looks set to be blighted with news that a planning application for the building of a concrete batching plant at Craigahulliar, on the outskirts of Portrush looks set to go ahead.   More...
(09/07/2010)
 

Foster Views Titanic Progress

A truly 'Titanic' construction project is well underway in Belfast - and this one is not inclined to ending in disaster.   More...
(09/07/2010)
 

€70m to be invested in motorway service sites

SERVICE STATION retailer Applegreen, building contractor Pierse and Top Oil plan to invest €70 million in a public-private deal to develop a series of motorway service sites for the National Roads Authority (NRA).  More...
(07/07/2010)
 

Glenarm's Groundbreaking Plan On Way

Plans for the future regeneration of a scenic Co Antrim village, developed using a unique groundbreaking scheme, will be unveiled today.   More...
(01/07/2010)
 

Application For Dublin 'Tube' Lodged

The State rail service, Iarnród Éireann is to lodge its application to build Dublin's Underground DART system today.   More...
(01/07/2010)
 

100 Galway jobs from Merit expansion

US medical devices company Merit Medical is to create 100 new jobs through an €6.7m investment in its Galway operation.  More...
(01/07/2010)
 

Underground DART application to be lodged

Iarnród Éireann will today lodge its application to build Dublin's Underground DART designed to link-up the city's transportation system.  More...
(30/06/2010)
 

500 new jobs for Dublin from two companies

Stream Global Services, a US firm that operates call centres around the world, is to create up to 400 jobs in Dublin.   More...
(28/06/2010)
 

Irish rebound to top euro zone recoveries

A Europe-wide report out today says Ireland will have the greatest recovery rate among euro zone members next year.   More...
(24/06/2010)
 

€6.5 billion for capital spending this year

Taoiseach Brian Cowen has moved to answer criticism of the Government's capital spending plans.   More...
(24/06/2010)
 

Belfast Sewer Improvement To Begin

As part of the ongoing improvements to the sewerage network, NI Water and its contractors will be carrying out work in the area of Harbour Square roundabout and Queen's Quay in Belfast.   More...
(23/06/2010)
 

Limerick Regeneration To Get Underway

The first phase of a major Limerick Regeneration Programme is set to get underway this summer.   More...
(23/06/2010)
 

Ruane Laments Funding For New Schools

NI Education Minister, Caitríona Ruane has spoken about her desire to see more schools build in the country this year.   More...
(23/06/2010)
 

TLC Nursing Home group to create 140 jobs

A total of 140 jobs are to be created in Dublin by the TLC Nursing Home Group.  More...
(22/06/2010)
 

Luas link up plans being finalised

Plans are being finalised for the long-awaited link up between the two Luas lines in Dublin city centre.  More...
(22/06/2010)
 

1000 new care home jobs

Around 1,000 jobs are to be created in Northern Ireland through a £50m expansion plan by a major care home operator, it was announced on Monday.  More...
(22/06/2010)
 

Tyrone Firm Scoops Indian Contracts

An engineering firm in Co Tyrone has won its first business in India from its participation in a recent Invest Northern Ireland trade mission to this important global marketplace.   More...
(22/06/2010)
 

Local Authority planning policies under review

The planning policy of six Local Authorities is to be reviewed by a team of independent experts, on foot of complaints sent to the Minister for the Environment about alleged irregularities.  More...
(22/06/2010)
 

Revitalised City Centre Welcomed

The re-use of vacant properties as part of an overall scheme to revitalise NI's city centres has been welcomed.   More...
(18/06/2010)
 

New project starts to top 400 in 2010

Up to 141 building projects are due to start in the Republic during the next six months, bringing to more than 410 the number started for the whole year.   More...
(16/06/2010)
 

While the jobs market remains weak, the Q1 QNHS data backs up other more encouraging signals

There have been numerous indicators in the past few months suggesting the Irish economy is now in the process of recovering.   More...
(16/06/2010)
 

Dublin House Improvement Project Opens

The Deputy Lord Mayor of Dublin, Kevin Humphreys and Irish Environment Minister, John Gormley will officially open the George Reynolds House Precinct Improvement Project tomorrow.   More...
(15/06/2010)
 

Lisburn Building Boom Planned

A construction industry bonanza is on the way for Co Antrim. Some 500 additional new houses and apartments are being planned for Lisburn in an eco-village setting by the Carvill Group.  More...
(14/06/2010)
 

Fears for NI construction firms

Workloads for Northern Ireland construction firms continue to plummet as other UK regions emerge from the recession, market figures show.   More...
(23/05/2010)
 

Report suggests economy is turning corner

The rate at which the cost of living is falling continued to ease last month as a stockbroking firm today claimed the economy was turning a corner.  More...
(14/05/2010)
 

Olympic Opportunities Looming

NI businesses - including those in the construction sector - still have time to line-up for lucrative contracts for the forthcoming London 2012 Olympics and Paralympics.   More...
(07/05/2010)
 

Dublin office rental market shows signs of recovery

A report published by Jones Lang LaSalle today provides positive signs of recovery from the global economic crisis, with the Dublin office market showing significant signs of growth in recent months.  More...
(27/04/2010)
 

Nama director holds €37,000 in BoI shares

NAMA board member Michael Connolly faces a potential conflict of interest over his ownership of 20,000 Bank of Ireland shares worth almost €37,000, according to the bank's share register.  More...
(26/04/2010)
 

Irish firms win €200m worth of Olympic deals

Several Irish companies have secured over €200m worth of contracts for the London 2012 Olympic and Paralympic Games.  More...
(13/04/2010)
 

Pace of decline in construction sector slows

New figures show a further slowing in the pace of deterioration of business conditions in the Irish construction sector.  More...
(12/04/2010)
 

NAMA to pay much less for first bank loans

The National Asset Management Agency is to pay just over half the original value for the first loans it will take from the five financial institutions involved in the scheme.  More...
(30/03/2010)
 

Construction Sector Hit By Salary Drop

Salaries for new employees within the Irish construction industry have fallen drastically, a new survey has found.   More...
(30/03/2010)
 

D-Day for NAMA: how the rescue package will unfold

THE biggest bank rescue in Irish economic history is expected to start with a short press release from the National Asset Management Agency (NAMA) at about 4.30 this afternoon.  More...
(30/03/2010)
 

Lenihan set to reveal the great bank recovery plan

THIS Tuesday, the Finance Minister, Brian Lenihan, is expected to spill the beans on how much more money the Irish banks need to get back on their feet.  More...
(28/03/2010)
 

Nama cuts the price it will pay for bank loans

The National Asset Management Agency (Nama) will pay the banks less than expected for their property loans, according to figures received by the banks from Nama.  More...
(28/03/2010)
 

House Prices Continue Downward Trend

House prices will fall further in 2010, economists have predicted, with further job cuts and continuing credit problems to hit the Irish economy this year.   More...
(25/03/2010)
 

Latest stretch of motorway opens

Journey times between Dublin and Waterford were cut today with the opening of the latest section of the M9 motorway.  More...
(23/03/2010)
 

NAMA to demolish developments that will never be viable

NAMA, the toxic loans agency, is prepared to demolish half-completed buildings which it believes have no value as commercial or residential developments.  More...
(16/03/2010)
 

First-time buyers facing 10 years in mortgage bind

THE average first-time buyer is facing another 10 years before they will get out of negative equity, a leading housing economist has calculated.  More...
(16/03/2010)
 

NAMA, developers may be caught in UK meltdown

Ireland's property developers and NAMA could get caught up in a major meltdown in the UK commercial property market as companies in the sector struggle to roll over their debts.  More...
(11/03/2010)
 

Work underway on House Price Register

Work on establishing a new house price register which will be based on achieved sales prices rather than asking prices is now underway, the Government has confirmed.  More...
(10/03/2010)
 

Value of land offered as security is down by 50pc, AIB admits

AIB, the country's second largest bank by value, has admitted that rural land offered up by its borrowers as collateral has "typically'' come down in value by at least 50pc.  More...
(10/03/2010)
 

NI House Prices 'Still Falling'

House prices are continuing to fall across Northern Ireland, new figures have revealed.   More...
(10/03/2010)
 

Tender prices down almost 30pc from peak

Tender prices fell by 17.2% over the last twelve months, according to new figures from the Society of Chartered Surveyors.  More...
(08/03/2010)
 

Building Decline Eases In February

The rate of decline in activity within the construction sector slowed for a second consecutive month in February.  More...
(08/03/2010)
 

Top 10 developers yet to hear from NAMA over loans

No NAMA official has yet contacted any of the top 10 developers due to transfer €17bn worth of assets to the agency by the end of the month.   More...
(08/03/2010)
 

Construction Industry Worst Hit By Insolvencies

New statistics compiled by InsolvencyJournal.ie have revealed a significant increase in insolvencies in February – with the construction sector the worst affected.  More...
(02/03/2010)
 

NAMA builders can still apply for state contracts

CASH-strapped builders whose toxic loans are heading into the State's bad bank are not exempt from being awarded multimillion state contracts  More...
(02/03/2010)
 

Second-hand home sales treble

In Dublin alone, 658 properties went sale agreed in January. THERE has been a three-fold increase in the number of second-hand residential properties that went "sale agreed" in January.  More...
(25/02/2010)
 

Green light for €100m Tara Street Station

IARNROD Eireann has been given the go-ahead to build a 12-storey railway station and offices in the middle of Dublin.  More...
(04/02/2010)
 

First toxic loans transferred to NAMA at 40pc discount

THE first tranche of toxic loans from two key lenders being transferred into the State's 'bad bank' are set to be worth up to 40pc less than their original value, the Irish Independent has learned.  More...
(04/02/2010)
 

Construction projects worth €8bn to begin

An estimated €8.48bn worth of building projects are expected to start work this year according to Construction Information Services (CIS). This is on top of the €8.2 billion worth of projects where construction is currently under way.   More...
(20/01/2010)
 

Housing output to decline through 2011

Housing output in Ireland will continue to decline through 2011 as the country works through a glut of properties built during the construction boom, Goodbody Stockbrokers said.   More...
(20/01/2010)
 

Spending splurge to spark the recovery

A SURGE in consumer spending and a hike in exports will spark rapid recovery in the economy, three leading experts predicted last night.   More...
(19/01/2010)
 

'We're on road to recovery', says adviser

A NUMBER of factors are starting to fall into place to ensure that economic growth can be anticipated in 2010, according to the special adviser to Minister for Finance Brian Lenihan.   More...
(19/01/2010)
 

Banks press developers to sell land in UK ahead of Nama

THE STATE’s main banks have pressed developers to take advantage of an uplift in the UK property market to sell land and investment assets to recoup loans before they are sold to the National Asset Management Agency (Nama) over the coming months.  More...
(19/01/2010)
 

Property values to fall further in next 12 months

Further falls in commercial property prices and values are expected by a majority of estate agents during the next 12 months according to the latest membership survey by the Irish Auctioneers and Valuers Institute.   More...
(13/01/2010)
 

Last-minute rush for nursing homes planning

An upsurge in planning applications for nursing homes was seen during the last few weeks of 2009 as developers sought to enhance the value of their development sites and also meet the deadline for one of the few remaining property development tax incentives.   More...
(13/01/2010)
 

Prices and rents rise for prime commercial sites in the capital

THE Dublin commercial-property market has received a number of fillips in recent days, with strong prices and rents for prime properties. AIB has pulled the sale of its Grafton St branch which would have generated more than €28m.   More...
(13/01/2010)
 

Price of homes fell 20% last year - IAVI

RESIDENTIAL PROPERTY values tumbled by an average of 20 per cent in 2009, with apartments and large houses in Dublin displaying the most dramatic price corrections, new research has shown.  More...
(13/01/2010)
 

Prediction of Irish economic stability

The Irish economy will stabilise during 2010 and a “meaningful recovery” will be under way by the end of the year, according to Merrill Lynch portfolio strategist Bill O’Neill  More...
(13/01/2010)
 

New Dublin city draft plan puts a halt to rezoning of land for housing

NO NEW lands will be rezoned for housing in Dublin city until after 2017, under the new draft city development plan which has been released for public consultation.  More...
(13/01/2010)
 

Dublin city plan goes on view

THE PROPOSED new Dublin City Development Plan, which designates building heights, land zonings and development standards for the city, will be on view at the council’s Wood Quay Venue from today.  More...
(12/01/2010)
 

'Clear signs' of stability and growth

THE ECONOMY is showing clear signs of stabilisation, Taoiseach Brian Cowen said yesterday.  More...
(12/01/2010)
 

Construction sector activity still weak

A gauge of Ireland's building industry fell at the fastest pace in seventh months in December, according to the latest Ulster Bank Construction Purchasing Manager's Index.  More...
(11/01/2010)
 

Consumer sentiment remains stable

Consumer confidence was moderately higher in December signalling that while many people are less nervous about their economic situation than in previous months, few are expecting a dramatic improvement in conditions this year  More...
(11/01/2010)
 

Prices down 19% in 2009

ASKING prices for residential property around the country fell by 19 per cent during 2009 and are now nationally 30 per cent below asking levels in early 2007, according to Daft’s latest house price report published today.  More...
(07/01/2010)
 

Financial confidence 'on rise' in Irish adults

Financial confidence is on the rise, according to a new survey, indicating that Irish adults could be coming to believe the worst of the economic crisis is over.  More...
(06/01/2010)
 

ESRI predicts end of recession in 2010

The ESRI believes the Irish economy will contract by 0.25% next year but Ireland should exit recession in the middle of the summer.  More...
(23/12/2009)
 

IDA helps win €1bn foreign investment

IDA Ireland helped secure €1bn worth of foreign direct investment (FDI) into Ireland during the year, with over €500m of this going on projects in areas such as research and development and innovation, the agency said yesterday.  More...
(22/12/2009)
 

We've made a good start but we're not out of the woods yet

THE Central Statistics Office gave us two early Christmas presents last week but they were more in the way of stocking fillers than diamonds or gold.   More...
(21/12/2009)
 

GDP edges up amid difficult conditions

THE ECONOMY technically emerged from recession in the third quarter, according to new data from the Central Statistics Office (CSO).  More...
(18/12/2009)
 

Lidl unveils its major new development plans

Lidl, the discount store chain, is planning a major new 292,000 sq ft development including a supermarket, €30m worth of apartments and offices in six blocks around a central public park in Tallaght.   More...
(12/12/2009)
 

Bord Gais inks €500m deal to buy windfarms

BORD Gais confirmed yesterday that it has acquired SWS Natural Resources, the country's second-biggest windfarm operator, in a deal worth more than €500m -- making it the third-largest Irish M&A deal this year.  More...
(05/12/2009)
 

Developer bucks trend as sales grow by €100m

THE companies that control Michael Cotter's Irish residential, commercial and industrial developments grew their sales by a combined €100m last year, despite the property collapse.  More...
(05/12/2009)
 

'The Celtic Tiger isn't dead -- it's just sleeping'

The man credited with inventing the phrase "Celtic Tiger" believes the creature is not dead, but sleeping.  More...
(02/12/2009)
 

Devalued flood plain housing could cost Nama

JBA Consulting, a Limerick firm that devised the flood mapping guide for the Office of Public Works, said that its high-tech national flood mapping indicated that large tracts of zoned development lands were in areas of flood risk.   More...
(29/11/2009)
 

Fermanagh steelworks made £16.5m profit in 2008

Fisher Engineering, the Fermanagh steelwork firm that was sold for stg£90 million in 2007, made profits of stg£16.5 million in the year after the deal, writes Gavin Daly.  More...
(29/11/2009)
 

Quinlan considers sale of €1.9bn Santander HQ

SWISS-based property investor Derek Quinlan is understood to be considering offloading his stake in the Banco Santander HQ in Madrid, which he bought for a record €1.9bn late last year.  More...
(29/11/2009)
 

Cineworld plan to expand cinemas in Ireland

Cineworld, the UK’s second-biggest movie-theater operator, wants to build cinemas in Ireland because people there go to the movies "significantly" more than in the UK.  More...
(27/11/2009)
 

NAMA may be able to sell UK loans sooner

The Government’s so-called bad bank may be able to sell UK assets being taken over faster than domestic loans as the property market there recovers faster, its interim head said.  More...
(26/11/2009)
 

Underground DART plans on rack despite €3bn price tag

IARNROD Eireann will seek planning permission early next year to build an underground DART line in Dublin costing up to €3bn.  More...
(24/11/2009)
 

Servier Ireland opens €47m manufacturing plant in Arklow

IDA Ireland has welcomed the official opening of Servier Ireland’s new €47 million manufacturing plant in Arklow, Co. Wicklow.   More...
(21/11/2009)
 

Economist joins in predictions of renewed growth as early as 2010

IRELAND is close to rock bottom and could see a resumption of economic growth next year, Ulster Bank economist Simon Barry has said.  More...
(19/11/2009)
 

Engineering firm PM Group opens Swedish office

HOME-GROWN engineering consultancy PM Group is continuing its international expansion plans by opening a new office in Sweden.  More...
(16/11/2009)
 

Kingspan expecting €60m operating profits

Building materials group Kingspan in an interim management statement released this morning said trading had been 'more steady' over recent months and operating profit for the year as a whole will be in the region of €60m.   More...
(16/11/2009)
 

Commercial real estate investors shun risk for stability

Commercial real estate investors across Europe show little willingness to move up the risk curve, according to a new report by DTZ. Over the third quarter of this year, commercial real estate investment activity remained focused on the main liquid and transparent markets of western Europe.  More...
(14/11/2009)
 

Bar values plunge 40pc as pub culture mirrors economy bust

Dublin’s Thomas Read Group grew into a chain of more than 20 pubs as the economy boomed in the mid 1990s. After property prices collapsed and drinkers stayed at home, the bars are being sold off.  More...
(27/10/2009)
 

Waterford Toll Bridge Opened

There were celebrations this week as a new toll road and bridge opened months ahead of schedule in Co Waterford.   More...
(20/10/2009)
 

Cork internet firm creates 33 jobs

An Irish internet services company has announced plans to create 33 new jobs in Bandon, Co Cork.  More...
(19/10/2009)
 

NI Planners Get Tough

Substantial fines have been imposed for non-compliance with enforcement notices.   More...
(14/10/2009)
 

NI Property Values 'Stabilising'

Although a third of local estate agents are reporting falling house values, Northern Ireland's house prices are said to be becoming more stable.   More...
(13/10/2009)
 

Property Market 'Will Recover Slowly'

One of Ireland's most prominent young economists, believes there are good prospects for recovery in the Irish property market.  More...
(13/10/2009)
 

Building Jobs Flow From Dundonald Scheme

Around 150 construction jobs are to be created at a £180m east Belfast housing development.   More...
(12/10/2009)
 

NRA announce creation of 500 builder jobs

500 construction jobs are to be created due to the construction of new motorway service areas along the M1 and M4.  More...
(09/10/2009)
 

Central Bank says worst may be over

The Central Bank says the pace of decline in economic activity is moderating, and Ireland will likely experience a modest recovery during the course of next year, indicating that the worst of the recession may be over.  More...
(06/10/2009)
 

UK House prices rise for fifth month

UK house prices rose for the fifth consecutive month in September, pushing property values back up to levels last seen 12 months ago, a new report shows.   More...
(05/10/2009)
 

Asking prices down 4.7% - Daft.ie

Asking prices for residential properties have fallen by 4.7% in the last three months, according to Daft.ie.  More...
(01/10/2009)
 
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