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Sunday Property Round-Up 15th February 2026 

Sunday Property Round-Up 15th February 2026 

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

This week, the European Parliament’s Special Committee on the Housing Crisis adopted its report on affordable housing, following 1,456 amendments, 49 compromise texts and a 23–6–4 committee vote. The report recognises the scale and urgency of Europe’s housing crisis and includes amendments calling for rural planning changes. Further procedural steps remain before any final parliamentary position is confirmed. As Ireland approaches its EU Council Presidency, the direction of travel at EU level is nonetheless significant.

The latest EU positioning strengthens the case for returning to Recommendation No. 1 of the Housing Commission: clearly distinguishing between housing demand and housing deficit. Current Government policy is framed around meeting projected demand for more than 300,000 additional homes by 2030. However, members of the Commission have stated that Ireland is already carrying a deficit in excess of 250,000 homes due to prolonged under-delivery. Treating that deficit as future demand misstates the scale of the challenge. Without acknowledging that the system must both meet new demand and close a backlog of over a quarter of a million homes, regulatory tightening, market exit and affordability pressures will continue to compound supply failure. A parallel emergency delivery stream, operating alongside mainstream supply programmes, is now a policy requirement rather than a political preference.

In parallel, the sector’s responsibility extends beyond delivery targets to the conditions under which that delivery takes place. This week saw the launch of the all-Island Working at Height campaign by the Health and Safety Authority and HSENI, supported by the Construction Industry Federation and facilitated by the Walls team on site in Dublin. Eleven people died while undertaking construction-related activities last year, up from five the previous year, with most fatalities linked to falls from height, moving plant and equipment, or being struck by falling objects. The campaign is a direct response to those risks. At the same time, the HSA’s latest podcast features Marian Deasy discussing the #LiveForLorcan behavioural safety initiative, a reminder that safety culture is not procedural compliance but a daily leadership obligation. As output pressures intensify, maintaining standards on site is not ancillary to delivery; it is integral to it.

On the ground, delivery continues but at scale that falls short of need and urgency. Construction has commenced on a €120m, 230-unit apartment scheme in Limerick city, the largest residential development there in two decades, led by Tribeca Holdings. In Galway, Monami Construction has begun work on a Henry J Lyons-designed scheme. These are material schemes and welcome additions. They do not, in themselves, resolve structural under-supply.

It was also a challenging week for proptech and online bidding systems. An ESRI report examining how Ireland’s homebuying process shapes behaviour, rather than prices, found that open and online bidding structures can heighten stress and encourage buyers to exceed pre-stated budgets. Visible bidding histories and live competition may intensify scarcity signals. The research also points to significant knowledge gaps, with many buyers unclear on their rights and on what “sale agreed” means in legal terms. When this ambiguity is combined with protracted periods between sale agreed and contract signing, the transaction process itself becomes a source of risk. The findings raise difficult questions for digital platforms and suggest a stronger case for independent buyer representation within the Irish system. Supply remains the core constraint, but how we transact is actively shaping outcomes.

Elsewhere this week: eviction rates are being compared to historic peaks; the Dáil has passed legislation enabling market rent resets on vacant properties; construction activity remains below breakeven despite improved new orders; mortgage rates have eased but remain elevated by euro area standards; the Government has appointed a senior housing activation lead; and further reforms on short-term lets and defective block remediation are advancing.

Policy is moving. Activity is visible. But without structural clarity on deficit, delivery model, transaction reform and on-site safety culture, the system will continue to generate pressure faster than it resolves need.

As always, you can contact us on editor@ipropertyradio.com 

PROPERTY DISTRICT PRESS OFFICE 

Below are the local and international stories that might be of particular interest: 

  • Building economic resilience is not optional as Central Bank sets out 2026 priorities: Governor Gabriel Makhlouf warns Ireland must adapt to geopolitical shocks, trade fragmentation and climate transition
  • Too early to say whether measures to lure property investors back are working: Hooke and MacDonald boss says new forward sales of apartments are still curtailed by viability issues

https://www.irishtimes.com/business/2026/02/12/too-early-to-say-whether-measures-to-lure-property-investors-back-are-working

EU POLICY & RESEARCH IMPACTING HOUSING DELIVERY: 

If you missed last week’s round-up, you can catch up here: https://ipropertyradio.com/sunday-property-round-up/ 
As always, you might let me know if I have missed out on any relevant property news by emailing carol@caroltallon.com 

PLACEMAKING: https://placeengage.com

Open public consultations and community engagement, in association with the Public Consultation Institute of Ireland

  • Beautiful – Sustainable – Together: Aligned with Aarhus Convention transparency and New European Bauhaus principles, PLACEengage empowers communities, planners, and developers across Ireland’s public and private sectors to collaborate more effectively — Learn more at www.PLACEengage.com PLACEengage: Better placemaking, together.

Rural, Coastal & Islands

❓ Would you consider living on one of Ireland’s uninhabited islands? This is a serious question: ‘Island Futures, Taskscapes and Rural Policy – What Ireland’s Offshore Places Teach Us About Viability Beyond Resilience’ https://caroltallon.com/island-futures-taskscapes-and-rural-policy/ 


CONSTRUCTION: https://breakingground.news 

📍 Insights tool: You can get a more comprehensive view of weekly and/monthly planning activities at all stages through Property District’s Development Heat Map: https://propertydistrict.ie/development-heat-map/

Breaking Ground News: Appointments & #ConstructionCareers

  • BGN Construction Careers, your weekly newsletter from Breaking Ground news, keeps you updated on the latest job opportunities, while showcasing the very best employer brands and projects, across Ireland’s construction industry. Whether you are looking for your next role or planning your career path, stay connected with us for new openings, upskilling opportunities and industry news. Get all the latest job details straight to your inbox: Sign up https://breakingground.news/sign-up-form/

PODCASTS:

 

HSA: Work at Height 2026 Podcast 

⚠️ This week’s Health and Safety Authority podcast is one that every leader, contractor and site manager should take the time to hear.

Podcast host Joan Flynn, Senior Inspector in Construction Inspection and Policy at the HSA, speaks with Marian Deasy about #LiveForLorcan – a behavioural safety initiative developed by the Electric Skyline Limited team and inspired by the life of Lorcan Deasy.

The #LiveForLorcan campaign connects safety to something far more powerful – personal responsibility, shared accountability and the reality that every procedure exists for a human reason. Through education, storytelling and visible reminders on site, it reframes safety culture around one simple principle: everyone goes home safe.

This conversation lands at a critical moment.

11 people lost their lives while undertaking construction-related activities last year, up from 5 

the previous year. Most of those deaths were linked to falls from height, moving plant and equipment, or being struck by falling objects.

As the Health and Safety Authority and the Health and Safety Executive for Northern Ireland, supported by the Construction Industry Federation (CIF) launched their ‘Working at Height’ 2026 campaign – facilitated by the Walls Construction Limited team on site in Dublin earlier this week, the  focus was clear: Working at height remains one of the most serious risks in our industry, and it is preventable.

Safety culture is built through leadership, safe behaviour, peer intervention and personal commitment.

Today, take time with your team. Share the campaign materials. Watch the videos. Listen to the stories of those living with life-changing injuries from falls. Listen to Marian Deasy speak about her son.

Procedures matter. Systems matter. But culture determines whether they are followed.

Every person who turns up on site deserves to return home safely, every day.

#LiveForLorcan

🎙️ https://open.spotify.com/episode/0BHMjysw5ZqiIVyd2uuJL2?si=508eca888a044e2f 

📽️ Watch the interview in full: https://youtu.be/uOzbyvnFIic?si=gWq5vZzt4GomnlmE

You can view the full HSA: Working at Heights playlist at https://www.youtube.com/playlist?list=PL5hAEpymn6vkMufB3bbgNrSiRg4e0AoOw 

Further information about safety in construction: https://www.hsa.ie/your_industry/construction/ 

CIF Safety Campaign 2026 Podcast 

“Pride is something that should be instilled from day one”

“No matter the task, or what you have done on site. It’s something that we struggled with for numerous years… but it is something that should be instilled in everyone on site”

In episode 1 of the Construction Industry Federation’s Construction Safety 2026 podcast, made with iProperty Radio, Safety, Health & Skills Executive, John Egan, joins Donal Cahalane, Director; Jerry Crowley, Site Manager; Eithne Hennessy, Safety Manager; and Gabriel Travers, Project Manager on site at Clonakilty Community Hospital. 

🎙️ Listen on Spotify: https://open.spotify.com/episode/5FoLXg0SJ6jvpuXq6CjkMf?si=YlSnLSmTSKms3-XeBEK_aw

📹 Watch on YouTube: https://youtu.be/daD6UysxqVk?si=phFreTkNTRhl7Lir

Produced by Katie Tallon MPRII, iProperty Radio for CIF

Watch the entire series: https://youtube.com/playlist?list=PL5hAEpymn6vnhCbgSqe6T8TJTfB9mvD6C&si=ity7U_ANvSSyc0bU

REAL ESTATE: www.irishrealestate.news

Residential 

*Searching for a new home or investment property in Ireland? Join the iProperty Radio FACEBOOK community of property buyers in Ireland 2026: https://www.facebook.com/groups/IrishPropertyBuyers/ 

iProperty Radio: Property of the week 

Commercial 

PODCAST: The Property Roundup on iPropertyRadio.com

🎙️ Block has officially opened its new European headquarters in Dublin, with One Park Place now serving as the company’s base for growth across Ireland, the UK and Europe.

On the latest Property Round-Up podcast on iProperty Radio, Carol Tallon spoke with John O’Beirne, CEO of Square International at Block, and Mateo Miranda, Global Head of Real Estate at Block, about why now is th right time, how workplace needs have shifted post-pandemic, and what this move signals for Dublin’s fintech and commercial property landscape.

The conversation explored Block’s decade-long presence in Ireland, its expanding workforce, and the thinking behind creating a headquarters designed for collaboration, product engagement and policy dialogue – not just desks.

With close to 300 employees now based in Ireland and further growth planned, the move is another strong vote of confidence in Dublin as a European fintech hub, particularly for high-quality, sustainable office space in the CBD.

Listen on Spotify: https://open.spotify.com/episode/3jE9pbamvlW1AVsyCnFCd9?si=egJ4GRL-SoCmCUCwh6QgsA 

Watch on YouTube: https://youtu.be/zBCUJf73pz4?si=HkqcQWo4mdr9dP_g 

PROPTECH, CONSTRUCTION TECH & SMART CITIES: https://prop-tech.ie/

Proptech Ireland is updating the database of 2026 Irish technology providers for the built environment – sign up here: https://prop-tech.ie/register/  and email product or service details to hello@prop-tech.ie

  • Proptech Ireland: Ireland’s CONSTRUCTION and REAL ESTATE ESG technologies resource hub. Confused about how and where to start on your ESG journey? Contact us 👉https://prop-tech.ie

PODCAST: The Proptech Hot Seat on iPropertyRadio.com

All previous episodes of the Proptech Hot Seat can be found at https://youtube.com/playlist?list=PL5hAEpymn6vnSmFt4WXloS0IQNfUkdw2G&si=qeT3RSVaXBPX3Sxd

Proptech Hot seat is sponsored by Proptech Ireland, the hub for innovators, investors and industry leaders https://prop-tech.ie/ 

Produced by Katie Tallon, with Hear Me Roar Media on sound https://hearmeroarmedia.com 

All Proptech Hot Seat episodes –  https://ipropertyradio.com/proptech-hot-seat/ 


INFRASTRUCTURE, ENERGY, ENVIRONMENT & BIODIVERSITY

  • INFRASTRUCTURE approval timelines cut by up to 20 weeks under new guidelines: Major projects threshold raised to €500m in transport, water and energy sectors

INTERNATIONAL NEWS