Weekly Irish property market news and insights – for the industry, by the industry

Happy Easter to all! Before we get stuck into the general property news of the week, below are the local and international stories that might be of particular interest:

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If you missed last week’s round-up, you can catch up here: https://propertydistrict.ie/sunday-roundup/

As always, you might let me know if I have missed out on any relevant property news by emailing  carol@propertydistrict.ie.

(Apologies in advance for any typos, it’s difficult to get good help on a Sunday. Also, I use voice to text dictation so just sound out anything that really doesn’t make sense in a strong rural accent and that should help!)

SUNDAY LISTEN

We are excited to share the growth of iPropertyRadio! What started as #PropertyMatters, a 60-minute weekly show on Dublin South FM 93.9FM over 4 years ago, has now evolved into a global online station for the best construction, urban planning, property and proptech content. Check out our website, iPropertyRadio.com, brought to you by Hear Me Roar Media for live and recorded access to all the week’s built environment news.

Want to have your industry podcast included or be a guest on our shows? Reach out to us at hello@ipropertyradio.com. Last year, we hit a massive 7.5 million digital impressions across our brands and this figure is growing – Q4 2022/Q1 2023 we now have an  average of 765,876 digital impressions each month, not including radio listenership and website visits. Huge thanks to all of you for your continued support!

This week on iPropertyRadio…

Restoring Ireland’s Vacant And Derelict Buildings

This week on ‘Property Matters’ on iPropertyRadio, host Carol Tallon is joined by Patrick O’Toole, Managing Director of Meitheal Architects, a medium size practice with offices in Dublin, Cork and Kerry. Patrick discussed the scale and extent of our success in delivering innovative, urban housing stock in the area of derelict/dis-used properties. Meitheal Architects are working to ensure the existing supply of properties is fully utilised, through the repurposing of vacant and derelict buildings, sensitively restoring them as high-quality sustainable homes.

Watch back and listen back: https://ipropertyradio.com/property-matters/

*Design-Build-Finance For Residential Site Infrastructure*

This week, host Carol Tallon chats to Niall Morrissey, CEO of the Housing Infrastructure Services Company (HISCo) about how the company is unlocking land for residential development by delivering key infrastructure throughout the country.

HISCo is involved in the delivery of the Drogheda Port Access Northern Cross Route, (the Taoiseach and Minister Darargh O’Brien turned the sod last month), which is initially facilitating the delivery of 1,300 homes and when the road is completed, up to 5,000 homes, in the northern environs of Drogheda.

Listen back to understand the cost model, which is calculated on a per unit basis and only payable as each unit is sold/leased, and the pipeline of projects for 2023/2024.

Watch back and listen back: https://ipropertyradio.com/breaking-ground/

The future of bespoke financial advisory through automation

In the iPropertyRadio.com Proptech Hot Seat with host Carol Tallon this week is Bonnie Murray, Founder of Raccord. Raccord is a tool created for Real Estate Investment & Asset Management professionals that distils complicated Excel models and integrates disparate data sources into one location, allowing for real-time portfolio analysis at your fingertips.It also helps investors to meet their goals in an unpredictable economic environment. Bonnies gives a unique insight on the real estate investment industry having come from a financial markets background.

*Proptech Hot seat is sponsored by Proptech Ireland, the hub for innovators, investors and industry leaders.

Watch back and listen back: https://ipropertyradio.com/proptech-hot-seat/

Produced by Hear Me Roar Media https://hearmeroarmedia.com

Landlords “don’t have any fairness across the rental market” | Newstalk

“These weak policies that are designed to be popular and responding to populist notions, because the housing market has become so politicised…”   Listen back to Property District CEO, Carol Tallon, on Newstalk Breakfast: https://www.newstalk.com/news/landlords-dont-have-any-fairness-across-the-rental-market-construction-pr-ceo-1452761

PLACEMAKING

OPEN PUBLIC CONSULTATIONS AND COMMUNITY ENGAGEMENT

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  • Céard é Comhfhorbairt Áite? “Teastaíonn dea-áitíocht saineolaithe ildisciplíneacha freagraí a chur ar fáil, ach tugann áitíocht maith guth don phobal chun na ceisteanna cearta a chur ar bun.” 👉https://placeengage.com/ceard-e-comhfhorbairt-aite/
  • Cork City housing units still vacant nine months after completion: Total of 11 apartments at Mandeville Place on the Pouladuff Road in Cork City’s southside, made up of five one-bed units and six two-bed units, still do not have any occupants  https://www.irishexaminer.com/news/munster/arid-41108431.html

CONSTRUCTION & DEVELOPMENT NEWS

  • The Taoiseach has blamed construction constraints for the slow rate of new housing builds. “No matter who’s in government, those constraints will be there”- that was the message delivered by the Taoiseach Leo Varadkar to Newstalk Breakfast on Friday. https://www.joe.ie/news/taoiseach-makes-housing-claim-772017
  • 3,000+ new houses built in Cork in 2022: Latest property report from MyHome.ie in association with Davy revealed a total of 3,150 houses were built in Cork City and county last year, and that house prices in the region increased.  https://www.echolive.ie/corknews/arid-41112283.html

PROPTECH, ESG, MMC & CONSTRUCTION INNOVATION

  • Proptech Ireland is updating the database of 2023 Irish technology providers for the built environment – From smart design and planning right through to the smart property transaction, where does your Irish-led or Ireland-based proptech  or MMC business sit?  Pease take five minutes to add or update your details to our internationally-shared listing here: SIGN UP HERE: *https://prop-tech.ie/register/ *and email product or service details to hello@prop-tech.ie
  • HomeHak makes rental sector about people instead of property by flipping the rental model on its head: Speaking to The Echo, HomeHak CEO and founder, Pat Drinan, explained that the HomeHak way of renting flips the usual renting model on its head.  https://www.echolive.ie/corknews/arid-41112439.html

ENERGY, CLIMATE & ENVIRONMENT

RESIDENTIAL PROPERTY NEWS (including PRS)

  • Residents’ association seek RTB unit to identify unregistered, privately rented properties: A spokesperson for the RTB told The Echo the board would “consider the points raised” by the association and revert in due course.  https://www.echolive.ie/corknews/arid-41110486.html

COMMERCIAL PROPERTY NEWS

INTERNATIONAL PROPERTY NEWS

FACEBOOK GROUP FOR IRISH PROPERTY BUYERS & INVESTORS

Crowd-sourcing answers topical property questions:

As many of you might know, my annual property book The Irish Property Buyers’ Handbook (since 2011) was rebranded in 2018 and now appears as part of The Property Insider series, published by Oak Tree Press, the first three titles are now published and available here: https://www.amazon.com/Carol-Tallon/

From 2020, the publishers and I wanted to ensure the content remains topical and we are now doing this by crowd-sourcing home buyer and investor queries, with crowd-sourced and editorial team answers.

Join the Facebook Group here to contribute: https://www.facebook.com/groups/IrishPropertyBuyers/

How to buy property in ireland book