
Weekly Irish property market news and insights – for the industry, by the industry
Message from Carol Tallon:
Latest residential data from REA and DNG this week show a marked slowdown in the rate of house price inflation (currently below 1%). However, the bigger story is the continuing exodus of landlords from the market – it will be interesting to see how the RTB data reflects this, given the bizarre and unexplainable gulf between their reporting this year and reality on the ground. While the trend varies across counties, rental properties now account for between 40% and 80% of all homes sold over the past three years.
With just over a week to go until Budget 2026 is announced, it is not hyperbole to suggest that this will be the strongest indicator yet of the current government’s willingness to finally get to grips with Ireland’s persistent housing and infrastructure crisis. Contrary to the position adopted several months ago, it now appears that developer tax breaks are not entirely off the table. Minister Paschal Donohoe was among the Fine Gael ministers gathered in Carlow yesterday to hear from business owners within the party. Unlike the clued-in Health Minister, with her practical and decisive approach to using data and innovative tech solutions to tackle systemic challenges across healthcare delivery, our minister with responsibility for enterprise still seems lost at sea when it comes to understanding how to apply – or even pilot – emerging tech solutions to address climate, smart cities, infrastructure, retrofitting, or indeed any of the major challenges that directly impact delivery across the built environment.
There was a strong response to my column in the Business Post last week calling for more accountability from policymakers (ranging from “super” to “propaganda” – https://www.businesspost.ie/property/all-voices-are-equal-but-some-are-more-equal-than-others/). I also received an example of what this might look like in a local government planning context from New Zealand. If you have experience working as a planner in that jurisdiction, please email me for a discreet chat.
Finally, congratulations to all the winning projects and project teams in the Irish Planning Institute’s annual awards on Thursday evening. It was great to see marine spatial planning and utilities come to the fore.
As always, you can contact me in confidence on carol@caroltallon.com
PROPERTY DISTRICT PRESS OFFICE
Below are the local and international stories that might be of particular interest
- Ministers out of road and must return economy to solid track https://www.businesspost.ie/analysis-opinion/business-post-view-ministers-out-of-road-and-must-return-economy-to-solid-track/
- Budget 2026: Government hints at developer tax breaks to tackle housing crisis https://www.businesspost.ie/politics/budget-2026-government-hints-at-developer-tax-breaks-to-tackle-housing-crisis/
- Developers, estate agents and charities have their say on housing: With the coalition due to announce its strategy for tackling the crisis in new homes before the 2026 Irish budget, key industry players set out their wishlist https://www.thetimes.com/world/ireland-world/article/irish-budget-2026-developers-estate-agents-and-charities-have-their-say-on-housing-5fjf7kcdr
- Extension of First Home Scheme to second-hand homes unlikely to feature in Budget 2026, says Taoiseach: Micheál Martin says there will be a focus on getting families out of emergency accommodation https://m.independent.ie/irish-news/extension-of-first-home-scheme-to-second-hand-homes-unlikely-to-feature-in-budget-2026-says-taoiseach/a980916113.html
- Harris to meet Wicklow Council boss as local authority pushes back on land zoning criticism: A number of councils are unhappy with being being accused of showing ‘inertia’ when it comes to housing https://www.thejournal.ie/harris-plans-to-meet-wicklow-county-council-boss-housing-6824980-Sep2025/
- Michael O’Flynn: Housing crisis is ‘spiralling out of control’: Cork property developer says we are not going to meet current housing targets and so need ‘an emergency approach’ https://www.irishexaminer.com/business/economy/arid-41709590.html
- Landlords are selling up in many regional towns after Rent Pressure Zone extension: Properties just taken out of rental are now comprising between 40%-80% of all homes sold in some locations in the past quarter https://m.independent.ie/irish-news/landlords-are-selling-up-in-many-regional-towns-after-rent-pressure-zone-extension/a1181616258.html?errorCode=0
- Rent controls simply don’t work, they just cause more problems: Rent Pressure Zones were meant to be a temporary measure to buy time so more housing could be built. Almost, 10 years on, they are still in place https://m.independent.ie/opinion/comment/mark-keenan-rent-controls-simply-dont-work-they-just-cause-more-problems/a1795777239.html#
- Legal cases against Dublin housing projects fall dramatically: The number of housing projects in Dublin under judicial review has fallen by more than 60% https://www.businesspost.ie/property/legal-cases-against-dublin-housing-projects-fall-dramatically/
- DAA lodges judicial review of Fingal €6.3m development contribution requirement https://www.businesspost.ie/companies/daa-lodges-judicial-review-of-fingal-e6-3m-development-contribution-requirement/
- Minister vows crackdown on Airbnbs: Government will move to curb the rise of Airbnbs in both urban and rural areas, insisting that communities must take priority over short-term letting https://www.con-telegraph.ie/2025/09/27/minister-vows-crackdown-on-airbnbs-draining-mayo-housing-supply/#
- Jury selection takes place ahead of trial over alleged €1.2bn Nama fraud: Prominent Northern Ireland businessman Frank Cushnahan and solicitor Ian Coulter deny all charges against them https://www.irishtimes.com/business/2025/09/22/jury-selection-takes-place-ahead-of-trial-over-alleged-12bn-nama-fraud/
- Open House Dublin marks 20 years of building heritage https://www.businesspost.ie/property/open-house-dublin-marks-20-years-of-building-heritage/
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.
- Dublin doesn’t need curfews – it needs people who care and a plan with money behind it: The Dublin Central TD says curfews and exclusion zones may sound tough, but they won’t make Dublin safer. Investment, presence, and accountability will. https://www.thejournal.ie/readme/safety-dublin-curfews-exclusion-zones-investment-accountability-6828950-Sep2025/
- Contracts have been signed for long-awaited construction works at Aidan Heavey Library, Athlone, which will allow for the provision of My Open Library (MOL) services https://www.westmeathindependent.ie/2025/09/19/work-to-start-on-my-open-library-project-in-athlone/#
- Inside the early-morning world of Galway’s street cleaners – ‘A battle that is won in the morning and lost by the evening’: A dedicated 11-strong team ensures the city wakes to spotless streets, the debris of late-night revellers swept away https://m.independent.ie/regionals/galway/news/inside-the-early-morning-world-of-galways-street-cleaners-a-battle-that-is-won-in-the-morning-and-lost-by-the-evening/a1373430977.html#
- There are currently 20 properties listed on the derelict sites register for the Municipal District of Mullingar Kinnegad https://www.westmeathexaminer.ie/2025/09/22/twenty-buildings-listed-as-derelict/
- ‘The feedback is it worked’ Laois town trials one-way street to ease traffic: Historic Mountmellick street ‘could be a little cultural quarter’ https://www.leinsterexpress.ie/news/mountmellick-/1903967/the-feedback-is-it-worked-laois-town-trials-one-way-street-to-ease-traffic.html
Rural, Coastal & Islands
- Which areas of the country have the most vacant homes? Vacancy rates in rural areas more than twice that of urban areas, with the worst affected areas along the west coast, data shows https://www.irishtimes.com/business/2025/09/24/which-areas-of-the-country-have-the-most-vacant-homes/
- Kerry residents seek urgent help to stop decline of their ‘deserted’ villages – ‘No one listens to us’ https://m.independent.ie/regionals/kerry/news/kerry-residents-seek-urgent-help-to-stop-decline-of-their-deserted-villages-no-one-listens-to-us/a1943164858.html
CONSTRUCTION: https://breakingground.news

- 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/
- Housing crisis to worsen as wages soar by 10pc in construction industry: Higher costs will hit housing targets and the National Development Plan https://m.independent.ie/business/housing-crisis-to-worsen-as-wages-soar-by-10pc-in-construction-industry/a114948414.html
- State housing agency LDA: ‘Coleman’s statement did not clarify how many homes the LDA plans to deliver this year, and this information has been redacted in recent reports published about the agency’ https://www.businesspost.ie/property/state-housing-agency-lda-will-be-biggest-developer-in-country-by-2028/
- Focus Housing plans for 49 apartments on vacant Pimlico site: The plans will see two blocks built which will be connected at a ground floor level https://www.dublinlive.ie/news/dublin-news/focus-housing-plans-49-apartments-32537664#
- Cork bucks trend with houses granted planning: A total of 1,198 homes were granted permission in Cork in the fourth, fifth, and sixth months of 2025 https://www.echolive.ie/corknews/arid-41709119.html
- House commencements plummet in Galway during August https://connachttribune.ie/house-commencements-plummet-in-galway-during-august/
- Homes cannot be built on over 70 percent of zoned land in Galway https://connachttribune.ie/homes-cannot-be-built-on-over-70-percent-of-zoned-land-in-galway/
- Land Development Agency lodges plans for 356 homes at Galway Port https://www.breakingnews.ie/ireland/land-development-agency-lodges-plans-for-356-homes-at-galway-port-1809568.html
- Four prime sites from Dublin 4 to Enniskerry for sale with combined guide of €24.8m: Former Smurfit office block in Donnybrook has planning for super-prime apartments while Wicklow land has scope for 300 homes https://www.irishtimes.com/property/commercial-property/2025/09/24/four-prime-sites-from-dublin-4-to-enniskerry-for-sale-with-combined-guide-of-248m/
- Galway derelict hospital to go to market in beginning of 2026: Galway County Councillor Alan Harney has confirmed that O’Donnellan & Joyce Auctioneers have been appointed as sales agents for the former St Brigid’s Hospital campus in Ballinasloe https://m.independent.ie/regionals/galway/news/galway-derelict-hospital-to-go-to-market-in-beginning-of-2026/a434908805.html#
- Big news for development in Limerick village as waste water treatment plant approved: Uisce Eireann secure permission from An Coimisiún Pleanála to buy land for facility https://www.limerickleader.ie/news/planning/1902646/big-news-for-development-in-limerick-village-as-waste-water-treatment-plant-approved.html
- Plans to redevelop derelict Wicklow building into apartments approved https://m.independent.ie/regionals/wicklow/arklow-news/plans-to-redevelop-derelict-wicklow-building-into-apartments-approved/a1566688276.html
- Owners of Wicklow quarry refused planning permission amid concerns around traffic, noise and public safety https://m.independent.ie/regionals/wicklow/west-wicklow-news/owners-of-wicklow-quarry-refused-planning-permission-amid-concerns-around-traffic-noise-and-public-safety/a1247494569.html#
- Houses could replace apartments in Laois housing estate: Builder wants to replace apartments in estate near big Portlaoise primary schools https://www.leinsterexpress.ie/news/property/1900815/houses-could-replace-apartments-in-laois-housing-estate.html
- Drogheda lands with full planning for 192 homes seeking €3.8m: Boyne Road site has approval for 42 houses and 150 apartments along with range of onsite amenities https://www.irishtimes.com/property/commercial-property/2025/09/24/drogheda-lands-with-full-planning-for-192-homes-seeking-38m/
- Refusal for 20 apartments in centre of Dundalk appealed: An Coimisiún Pleanála to decide https://www.dundalkdemocrat.ie/news/local-news/1902995/refusal-for-20-apartments-in-centre-of-dundalk-appealed.html
- Westmeath primary school given green light for 11 classroom multi-million euro expansion https://m.independent.ie/regionals/westmeath/news/westmeath-primary-school-given-green-light-for-11-classroom-multi-million-euro-expansion/a1890658702.html
- Planning permission sought for 36 apartments at Abbey Road https://www.westmeathindependent.ie/2025/09/26/planning-permission-sought-for-36-apartments-at-abbey-road/#
- Work begins on new IDA building in Athlone – and second in pipeline for 2026 https://www.westmeathexaminer.ie/2025/09/24/work-begins-on-new-ida-building-and-second-in-pipeline-for-2026/#
- Sligo County Council have this week given the green light for the development of 73 homes at Cullagh More, Carney https://m.independent.ie/regionals/sligo/news/planning-permission-granted-for-73-homes-in-carney/a1018309415.html
- Tipperary housing plan hits roadblock as residents appeal over traffic safety: Approval for 60 homes on Brittas Road challenged amid concerns about N62 access and phased construction https://www.tipperarylive.ie/news/home/1898720/tipperary-housing-plan-hits-roadblock-as-residents-appeal-over-traffic-safety.html
- A planning application has been lodged with Tipperary County Council for a major new housing development at Parklands Estate, Glenconnor, Clonmel https://www.tipperarylive.ie/news/local-news/1898473/planning-permission-requested-for-91-homes-in-tipperary-s-largest-town.html
- Kerry County Council: KPH Construction have been given the go-ahead to construct 245 homes on a site opposite the racecourse in Clash, Tralee https://www.radiokerry.ie/news/planning-granted-for-245-new-homes-in-tralee-452909
- New much-needed housing developments in Kerry town at risk over lack of water supply: New estates proposed for Kenmare will have to source their own water as Uisce Éireann cannot provide ‘a public water source’ https://www.irishexaminer.com/news/munster/arid-41712839.html
- ‘Challenging’ legacy projects hit bottom line for UK/Irish contractor: CField Construction has blamed difficulties from legacy projects for a £1.2m loss after its turnover shrank by 16% https://www.constructionnews.co.uk/financial/challenging-legacy-projects-hit-bottom-line-for-uk-irish-contractor-26-09-2025/
- Ireland’s Best Managed Companies: Focus on people and constantly progressing in important areas such as sustainability and innovation has resulted in great success for Suir Engineering https://www.businesspost.ie/commercial-reports/new-winner-a-suir-win-for-a-top-engineering-business/
- Cavan engineering firm Kore sees revenues rise to €40m as retrofit division takes flight https://www.businesspost.ie/companies/cavan-engineering-firm-kore-sees-revenues-rise-to-e40m-as-retrofit-division-takes-flight/
- Glenveagh: Cork ‘no exception’ to Ireland’s serviced land shortage crisis: Glenveagh’s profits have more than doubled in 2025, but its CEO warns zoning and infrastructure block Ireland’s housing goals https://www.irishexaminer.com/business/companies/arid-41712968.html
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/
PODCAST:
🎙️“People talk about common sense in the industry – I don’t think common sense exists until you create it”
In episode 7 of the Construction Industry Federation (CIF) Construction Safety Campaign 2025 podcast, Director of Safety, Education & Training, Sean Downey, joins Brian Foskin, Group EHS Director with Dornan Engineering in Dornan HQ in Co. Cork.
Brian discusses the company-wide training matrix, built during the pandemic, and how they track compliance; as training goes up, accidents go down. To cut falls from height they use modular & offsite work, scaffold high-work corridors over MEWPs, and telematics/secondary guarding while keeping operators accountable.
Produced by Katie Tallon
🎙️ Listen back –
📹 Watch in full at https://youtu.be/IEB25hQlDGM?si=S2z2uJM1K-DmB1GJ
*The CIF Construction Safety Campaign 2025 ‘Back to Basics’ will take place from October 13–24th 2025
Get involved at https://cif.ie/safetycampaign/
Produced by Katie Tallon MPRII
All Breaking Ground episodes – https://ipropertyradio.com/breaking-ground/
Check out all other iProperty Radio podcasts – https://ipropertyradio.com/
REAL ESTATE: www.irishrealestate.news
Residential
- New figures from the Central Statistics Office show that the national median income of home buyers was €84,400 last year, up from €80,100 in 2023 and €75,600 in 2022 https://www.rte.ie/news/business/2025/0925/1535275-characteristics-of-residential-property-purchasers/
- Dublin house price inflation eases – Investors offloading rental properties increased to 27% of sales in the third quarter of the year, up from 20% of sales in second quarter https://www.rte.ie/news/2025/0926/1535373-dublin-house-prices/
- Limerick auctioneer warns that middle-income people not supported enough in housing market: Charles O’Brien, Newcastle West, urges more Government intervention https://www.limerickleader.ie/news/property/1902581/limerick-auctioneer-warns-that-middle-income-people-not-supported-enough-in-housing-market.html
- Revenue rolls out campaign ahead of new property tax valuations https://www.businesspost.ie/property/revenue-rolls-out-campaign-ahead-of-new-property-tax-valuations/
- What should we look for when choosing an estate agent to sell our home? Property Clinic: Other than fees, what other things do we need to consider before making our decision? https://www.irishtimes.com/property/residential/2025/09/22/what-should-we-look-for-when-choosing-an-estate-agent-to-sell-our-home/
- Power Me Up: Your guide to connecting your new build to ESB Networks: The basics of getting electricity to your self-build, renovation, or new estate home https://www.irishexaminer.com/property/homeandgardens/arid-41705897.html
- Starter Homes: Four Cork homes for €335,000 and under: Properties in Glanmire, Carrigtwohill, Blackrock and Douglas https://www.irishexaminer.com/property/residential/arid-41709782.html
- House prices rise in County Waterford after landlord ‘exodus’ https://www.waterford-news.ie/news/house-prices-rise-in-county-waterford-after-landlord-exodus_arid-71626.html
- ‘Kilkenny isn’t insulated’: State bodies compete with first-time buyers for houses; US buyers increasingly active: Housing crisis shows impact on families is stark – and the pressure is rising https://www.kilkennypeople.ie/news/views—opinion/1897608/kilkenny-isn-t-insulated-state-bodies-compete-with-first-time-buyers-for-houses-us-buyers-increasingly-active.html
- Robin Hill in Cobh, a four-star guesthouse and spa, listed for €1.2m:?Once home to nobility and later a rectory, Robin Hill is now on the market as a guesthouse and Victorian residence https://www.irishexaminer.com/property/residential/arid-41712341.html
Property of the week

Apartments and retail unit beside Garda Station in growing Laois town on market: Property in Portarlington described as a “great investment”
Commercial
- Loss of 520 retail units drives State commercial vacancy rate to record high: Highest commercial vacancy rates continue to be found in the west of Ireland https://www.irishtimes.com/business/2025/09/25/loss-of-520-retail-units-drives-state-commercial-vacancy-rate-to-record-high/
- Baggot Street office investment at €3.5m offers buyer 5.27% yield: Achieving full occupancy could provide reversionary yield of up to 9% https://www.irishtimes.com/property/commercial-property/2025/09/24/baggot-street-office-investment-at-35m-offers-buyer-527-yield/
- Elephant & Castle realised more than €2m from assets during receivership https://www.businesspost.ie/companies/elephant-castle-realised-more-than-e2m-from-assets-during-receivership/
- Mixed-use investment in the heart of Dalkey village seeking €600,000: St Patrick’s Road property comprises ground-floor retail unit with offices and residential overhead https://www.irishtimes.com/property/commercial-property/2025/09/24/mixed-use-investment-in-the-heart-of-dalkey-village-seeking-600000/
- Carlow’s historic Haddens Centre to be sold after 116-year stronghold in the town: Haddens was established on Tullow Street in Carlow town by the Hadden family in 1909 before it was sold to the Shaw family in 1976 https://m.independent.ie/business/commercial-property/carlows-historic-haddens-centre-to-be-sold-after-116-year-stronghold-in-the-town/a1707147704.html#
- Provisional liquidators appointed over company that owns Tipperary hotel https://www.businesspost.ie/legal/provisional-liquidators-appointed-over-company-that-owns-tipperary-hotel/
- Over one in four commercial buildings in Edgeworthstown is vacant https://www.shannonside.ie/news/over-one-in-four-commercial-buildings-in-edgeworthstown-is-vacant-273820
PODCAST: The Property Roundup on iPropertyRadio.com
Johanna Murphy, Director of Johanna Murphy & Sons, shows the iProperty Radio team around the historic town of Cobh and breaks down the demographics of current buyers — including a new cohort of investors — and the local opportunities for each.
We also discuss the strategic importance of Cork Harbour (from tourism to energy), and new businesses taking space locally.
Of particular interest, we talk about the evolving business of estate agency, changing marketing trends to reach and engage would-be buyers and sellers, and smart use of technology to drive efficiency and client satisfaction.
🎥 https://youtu.be/T_m3QZUwchs
🎙️https://open.spotify.com/episode/1obAvVMKxuLgCyf7fztz1F?si=ec1d76c60d6445ff
Produced by Katie Tallon (with encouragement from the handsome Benny 🐾)
*Also, in the Business Post: Meet the agent: Johanna Murphy https://www.businesspost.ie/property/meet-the-agent-johanna-murphy/
All Property Round Up episodes – https://ipropertyradio.com/property-roundup/
FACEBOOK group for homebuyers and investors in Ireland 2024: https://www.facebook.com/groups/IrishPropertyBuyers/
Further property resources at: https://www.amazon.com/Carol-Tallon/
PROPTECH, CONSTRUCTION TECH & SMART CITIES: https://prop-tech.ie/
Proptech Ireland is updating the database of 2025 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
- Ireland’s global AI summit set for October 2026 https://www.businesspost.ie/tech/irelands-global-ai-summit-set-for-october-2026/
PODCAST: The Proptech Hot Seat on iPropertyRadio.com
Digital Planning Ireland: Piloting Innovation to Unlock Homes and Tackle Dereliction
This week on the Proptech Hot Seat podcast on iProperty Radio, guest host and PR lead with Property District, Cróna Esler, sits down with Carol Tallon of Proptech Ireland to discuss the Proptech Ireland Pre-Budget Submission 2026 and why the Department of Finance should allocate €15 million over three years (2026–2028) to establish a competitive pilot programme.
Pre-Budget Submission 👉🏻 https://prop-tech.ie/digital-planning-ireland-piloting-innovation-to-unlock-homes-and-tackle-dereliction/
📽️ Watch the full episode here https://youtu.be/bdTal1jf__s?si=UFH-JREst18IjFoA
🎙️ Listen back https://open.spotify.com/episode/43TzDjdgnPY2klWBdnWueZ?si=h2Kq2kvvQpmQ66Er6y4APQ
Produced by Katie Tallon
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
- DAA gets go-ahead for Dublin Airport pier expansion plan: Airport manager wants extra space to reduce overcrowding https://www.irishtimes.com/business/2025/09/24/daa-gets-go-ahead-for-dublin-airport-pier-expansion-plan/ Also: Dublin Airport set to get special status to lift ‘mad’ passenger cap https://www.businesspost.ie/news/dublin-airport-set-to-get-special-status-to-lift-mad-passenger-cap/
- Statkraft will not bid in upcoming offshore auction: Renewable energy giant Statkraft has abandoned any interest in developing the next slate of offshore wind projects, in a blow to the state’s ambitions in the sector https://www.businesspost.ie/companies/exclusive-statkraft-will-not-bid-in-upcoming-offshore-auction/
- ‘Novel’ court action launched against EPA permit for data centre group’s power plant: Campaigners claim that the EPA is failing to meet Ireland’s climate obligations in its licensing of power for the data centre https://www.thejournal.ie/data-centres-court-challenge-6825739-Sep2025/
INTERNATIONAL NEWS
- 98% of adults living with parents cannot afford their own home: Skipton says a generation is facing ‘a crisis of opportunity’ — particularly in the south of England, where only about 1 per cent can afford to buy https://www.thetimes.com/business-money/economics/article/98-percent-of-adults-living-with-parents-cannot-afford-their-own-home-5wn3qjf66
- Zoopla sinks to loss in ‘challenging market’ after writedown: The property website says it has ‘rationalised’ its business and shifted priorities, which led it to write down the value of Yourkeys, a service for developers https://www.thetimes.com/business-money/companies/article/zoopla-sinks-to-loss-in-challenging-market-after-writedown-f0rcv5th6