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

Message from Carol Tallon:
Politics and public sector nonsense dominated what ought to have been a productive week for the industry. Comments made at an industry conference were politicised and allowed to distract from the larger housing conversation. [*I was in the room when those comments were made and it is worth noting that the industry does not agree with the SecGen (see poll results below). Frankly, that wasn’t even the most revealing contribution of the day – what our Planning Minister didn’t say was telling…]
Outside of Department politics, almost 1,000 homes were refused planning in proposed developments across Cork city and county this week, while a record number of people in the State are officially recognised as homeless. Latest figures reveal 15,580 were living in emergency accommodation in April, including 4,775 children, which is 100 more than last month.
Unsurprisingly, people believe the housing crisis is deepening under the Coalition, according to the Sunday Independent’s most recent ‘Ireland Thinks’ poll, with 61% thinking the issue has rapidly worsened in the lifetime of Government and just 3% believe it is getting better.
I am among the 3%.
Just this week, I can see it getting better at a policy level, which I believe will filter down to the ground (perhaps not as quickly as needed).
My faith is not blind to the demonstrable failings of this government to date, however, the joint announcement by our Ministers with responsibility for housing and planning this week outlining extensions to planning permission extensions (*conditions: https://propertydistrict.ie/planning-and-development-amendment-bill-2025-approved-by-cabinet-today/) and that JRs are no longer to be counted as part of the life of the permission was the first hint of emergency action. It acknowledged:
- #️⃣40,000+ residential units remain unbuilt across 265 inactive development sites in Dublin alone
- #️⃣ 15,000 units face planning permission expiry within the next two years
- #️⃣19,000 units across 52 sites have been caught up in judicial review processes over five years
- #️⃣15,800 units have cleared judicial review but lost critical development time
- #️⃣3,000 units remain trapped in ongoing judicial review proceedings
Critically, this legislative move applies retrospectively to permissions that have already been through or are currently in JR but have been permitted. Cabinet has now approved priority drafting of the Planning and Development (Amendment) Bill 2025 and we are assured it will be enacted before the summer recess.
This is the policy action the industry has been waiting for; we understand that more is on the way before Q3…
Finally, we haven’t missed a Sunday of industry news coverage in over 9 years, but some changes are underway (still no sponsored content!). Your resolutely independent weekly Sunday Property Round-Up will be available on iPropertyRadio.com throughout the summer months.
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PROPERTY DISTRICT PRESS OFFICE
Below are the local and international stories that might be of particular interest
- RECORD NUMBER of people in the State are officially recognised as homeless as the latest figures reveal 15,580 were living in emergency accommodation in April. The figure includes 4,775 children – 100 more than last month https://www.thejournal.ie/emergency-accommodation-april-2025-6719118-May2025/
- Extensions to planning permissions: New Planning and Development (Amendment) Bill 2025 – to be enacted before the summer recess – aims to activate 40,000+ unbuilt homes across Ireland https://propertydistrict.ie/planning-and-development-amendment-bill-2025-approved-by-cabinet-today/
- Top civil servant in housing department tells industry Ireland ‘doesn’t need’ a housing tsar: Ireland does not need a housing tsar, the most senior civil servant at the Department of Housing has said. Graham Doyle, secretary general of the Department of Housing, said he is opposed to the position that was proposed by James Browne, the housing minister, earlier this year. https://www.businesspost.ie/politics/top-civil-servant-in-housing-department-tells-industry-ireland-doesnt-need-a-housing-tsar/ Also: Housing Minister confirms he spoke with high-ranking official over comments he made on need for ‘housing tsar’ https://m.independent.ie/irish-news/housing-minister-confirms-he-spoke-with-high-ranking-official-over-comments-he-made-on-need-for-housing-tsar/a1228799113.html
- €140 billion needed to pay for 300,000 home target, says PII: The average development cost of each unit is estimated to be €466,000 according to the report https://www.irishtimes.com/business/2025/05/29/140-billion-needed-to-pay-for-300000-home-target-says-pii/
- A crisis of confidence: Why Ireland’s next Housing Plan must deliver bold, immediate action https://www.businesspost.ie/property/a-crisis-of-confidence-why-irelands-next-housing-plan-must-deliver-bold-immediate-action/
- Poll: Housing crisis is deepening under the Coalition, public believe: 61pc think issue has rapidly worsened in lifetime of GovernmentJust 3pc believe it is getting better https://m.independent.ie/irish-news/poll-housing-crisis-is-deepening-under-the-coalition-public-believe/a1082622808.html
- Taoiseach rejects ‘housing vs data centres’ energy claim by senior civil servant https://www.irishexaminer.com/news/arid-41642011.html
- LDA set for new powers to boost housing supply: The Land Development Agency’s remit is also expected to be expanded to cover towns with a population under 30,000 https://www.thetimes.com/world/ireland-world/article/lda-set-for-new-powers-to-boost-housing-supply-n5jr3njp9
- First Home Scheme must include second hand homes – Deputy Maxwell https://www.northernsound.ie/news/first-home-scheme-must-include-second-hand-homes-deputy-maxwell-260374
- Glenveagh boss Stephen Garvey: ‘Up to eight more big developers needed to reach 60,000 homes target’https://www.businesspost.ie/companies/glenveagh-boss-stephen-garvey-up-to-eight-more-big-developers-needed-to-reach-60000-homes-target/
- How a €100,000 hurdle stalled apartment building – and the three fixes developers gave James Browne https://www.businesspost.ie/companies/how-a-e100000-hurdle-stalled-apartment-building-and-the-three-fixes-developers-gave-james-browne/
- A growing number of cases before the planning court are from developers and not those trying to block new projects, the presiding judge has revealed: In recent weeks, the head of Uisce Éireann hit out at the so-called ‘banana’ brigade — build absolutely nothing anywhere near anything — for delaying infrastructure projects through objections and court actions. Niall Gleeson claimed it is costing the taxpayer billions and stopping young people from buying homes https://www.irishexaminer.com/news/arid-41638699.html
- Independent Ireland has called for the return of 100% mortgages. Such a change would allow banks once again to grant people mortgages without requiring any form of deposit. The practice was common during the Celtic Tiger but banned after the recession when many people with 100% mortgages defaulted on their payments. https://www.newstalk.com/news/return-of-100-mortgages-has-to-be-looked-at-independent-ireland-2165449
- Dublin hotel bought for €6.24m by McVerry Trust vacant since 2022: Fate of hotel remains uncertain after prolonged turmoil over governance https://www.irishtimes.com/ireland/housing-planning/2025/05/27/dublin-hotel-bought-for-624m-by-mcverry-trust-vacant-since-2022/
- Irish Architecture Foundation takes its vision global with The Reason of Towns https://www.businesspost.ie/property/irish-architecture-foundation-takes-its-vision-global-with-the-reason-of-towns/
- ‘Sorry for being so long-winded’: Two days of John Magnier in the witness box for Barne Estate trial https://www.businesspost.ie/legal/sorry-for-being-so-long-winded-two-days-of-john-magnier-in-the-witness-box-for-barne-estate-trial/
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.
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.
- Construction underway to deliver over 540 homes at former St Teresa’s Gardens site: Plans to regenerate the site have faced several setbacks. https://www.thejournal.ie/construction-underway-540-homes-former-st-teresas-gardens-site-6719088-May2025/
- €20m Cork riverside plan unveiled to turn Horgan’s Quay into pedestrian-friendly space: Cork’s Horgan’s Quay could soon see traffic rerouted to make way for riverside parks, a promenade, and bike lanes https://www.irishexaminer.com/news/munster/arid-41641117.html
- Open Public Consultation: Riverside Gardens Housing Development Part 8 Planning Consultation https://www.publicconsultation.ie/haveyoursay/open-public-consultation-riverside-gardens-housing-development-part-8-planning-consultation
- Retirement villages and housing challenges as Laois County Council hears update on homeless emergency https://www.laoistoday.ie/2025/05/27/retirement-villages-and-housing-challenges-as-laois-county-council-hears-update-on-homeless-emergency/
- A planning application lodged with Louth: County Council by the Simon Community to demolish three buildings in Dundalk and construct 21 residential units has been withdrawn https://www.dundalkdemocrat.ie/news/local-news/1814723/simon-community-plans-for-residential-units-in-dundalk-withdrawn.html
- Mayo man appointed chair of Local Development Companies Network https://www.con-telegraph.ie/2025/05/26/mayo-man-appointed-chair-of-local-development-companies-network/
- Exciting plans for community park in Mayo village: Tracey Glacken gave a presentation to the meeting: Plans for the Bonniconlon Community Park are taking shape with planning permission, a site and a significant amount of funding raised through local donations already in place. https://www.westernpeople.ie/news/exciting-plans-for-community-park-in-mayo-village_arid-58941.html
- Castlebar residents are ‘very angry’ over a number of prominent buildings lying derelict it the town centre, including Mayo’s most historic building – where the Land League was founded in 1879. https://www.con-telegraph.ie/2025/05/26/mayo-residents-very-angry-over-dereliction-in-their-town-rte-reports/
- Monaghan County Council have applied to purchase a well known building in Monaghan Town. The council have submitted an application to An Bórd Pleanála for a compulsory acquisition of numbers 24-26 Market Street https://www.northernsound.ie/news/local-authority-to-purchase-well-known-building-in-monaghan-260069
- Repurposing of older buildings, parking, information for people with disabilities and incomplete footpaths were on the agenda, as Castlepollard Town Team completed their Walkability event https://www.westmeathexaminer.ie/2025/05/29/repurposing-of-older-buildings-among-issues-raised-at-castlepollard-walkability-event/
- Public meeting of Longford group opposed to Derryadd Wind Farm development: A meeting involving those opposed to the Derryadd Wind Farm will take place at Lanesboro Parish Hall on Wednesday, June 4 https://www.longfordleader.ie/news/home/1814818/public-meeting-of-longford-group-opposed-to-derryadd-wind-farm-development.html
- Leitrim’s vacancy crisis in focus at public information session next month: Leitrim County Council are hosting an event on Thursday, June 19 from 3pm to 8pm in the Landmark Hotel aimed at both prospective and existing property owners interested in transforming vacant and derelict properties into liveable homes. https://www.leitrimobserver.ie/news/carrick-on-shannon/1814579/leitrim-s-vacancy-crisis-in-focus-at-public-information-session-next-month.html
- Sligo Leader unveils ambitious vision of community-led development for the next five years https://m.independent.ie/regionals/sligo/news/sligo-leader-unveils-ambitious-vision-of-community-led-development-for-the-next-five-years/a161470711.html
Rural & Islands
- Minister for Rural and Community Development and the Gaeltacht, Dara Calleary, has officially launched the Western Development Commission’s new five-year strategy entitled Unlocking Potential, Driving Change: A Strategy for Regional Growth and Collaboration 2025-2029 https://www.con-telegraph.ie/2025/05/30/mayo-venue-for-launch-of-wdcs-e50m-strategy-to-drive-growth-in-the-west-and-northwest/
CONSTRUCTION: https://breakingground.news

- James Browne needs to display more confidence if housing crisis is to be overcome https://www.businesspost.ie/uncategorized/shane-coleman-james-browne-needs-to-display-more-confidence-if-housing-crisis-is-to-be-overcome/
- Pillar banks have ‘undrawn credit’ ready for housing developers – Central Bank officials https://www.businesspost.ie/uncategorized/pillar-banks-have-undrawn-credit-ready-for-housing-developers-central-bank-officials/
- Output in the Irish construction sector is 25pc behind the average in the euro area, mainly because there are so few big house-building firms operating in the country https://m.independent.ie/business/output-in-irish-construction-is-25pc-behind-eurozone-average/a395674058.html
- Major Galway housing plan approved as dozens of units green lit for in demand area: It will see the preexisting dwelling house demolished https://www.galwaybeo.ie/news/galway-news/major-galway-housing-plan-approved-10218431
- Minister insists no ‘free pass’ for builders who get planning permission extensions- James Browne says there is ‘use it or lose it’ element in proposals aimed at activating delayed developments https://www.irishtimes.com/ireland/housing-planning/2025/05/27/minister-insists-no-free-pass-for-builders-who-get-planning-permission-extensions/
- The Irish Independent’s View: Problems dogging house building have not been tackled https://m.independent.ie/opinion/editorial/the-irish-independents-view-problems-dogging-house-building-have-not-been-tackled/a165329265.html
- Progress on regeneration of Dublin city centre flat complex stalled by queries on costs: Glovers Court flats to be turned into 53 new homes by council when queries from Department of Housing are resolved https://www.irishtimes.com/ireland/dublin/2025/05/29/additional-questions-on-value-for-money-are-stalling-progress-for-dublin-city-centre-flat-complex/
- Plans for more than 120 homes in Ballincollig refused by An Bord Pleanála: Plans lodged by Cork developer O’Flynn Construction Company included 123 apartments across three blocks on the Old Fort Road in Ballincollig https://www.irishexaminer.com/property/developmentconstruction/arid-41640937.html
- Planning refused for more than 800 apartments on Cork’s former Tedcastles and new Marquee site: Refusal of plans serves as the latest blow to the Cork City Docklands project, which aims to accommodate a population of 25,000 in the next two decades https://www.irishexaminer.com/property/developmentconstruction/arid-41642443.html
- Taoiseach Hails Rhatigan Group’s €550m Crown Square as a “Key Project for the City”: Galway’s Crown Square could become the blueprint for sustainable growth in Ireland’s cities… ‘Galway took a significant step toward reshaping its urban future as An Taoiseach, Micheál Martin TD, officially launched the transformative Crown Square Galway Development — a €550 million, mixed-use urban campus led by The Rhatigan Group. With a ceremonial laying of the foundation stone for 345 new cost rental homes, developed in partnership with the The Land Development Agency (LDA), the event marked an exciting moment for Galway’s eastern corridor…’ https://ipropertyradio.com/taoiseach-hails-rhatigan-groups-e550m-crown-square-as-a-key-project-for-the-city/
- Planned Galway Harbour redevelopment includes construction of 350 new homes: The homes will be built on a 1.4-hectare site https://www.galwaybeo.ie/news/galway-news/planned-galway-harbour-redevelopment-includes-10221003
- €6bn cargo facility at former Galway Airport could create 6,000 jobs https://connachttribune.ie/e6bn-cargo-facility-at-former-galway-airport-could-create-6000-jobs-657/
- Final approval has been given by An Bord Pleanala for a major €45m office campus in Knocknacarra. McDonogh Capital Investments – a subsidiary of city-based Thomas McDonogh & Sons Limited – is leading the development at Galway Business Park. https://connachttribune.ie/final-approval-for-45m-office-campus-in-knocknacarra/
- ABP rejects plans to knock and replace derelict Oranmore homes https://www.galwaybayfm.ie/athenry-oranmore/abp-rejects-plans-to-knock-and-replace-derelict-oranmore-homes-195087
- €2.75m Limerick land sale could deliver up to 70 homes in Corbally: The sale is of 20 acres, of which approximately 5 acres is zoned for new homes https://www.irishexaminer.com/property/commercial/arid-41641105.html
- Plans to build 40 houses in Dunmore East have been given the go-ahead by An Bord Pleanála: S&K Carey Ltd lodged an application with Waterford City and County Council on August 14 last year for planning permission to build 40 houses in Coxtown, Dunmore East, Waterford https://m.independent.ie/regionals/waterford/news/40-new-houses-in-waterford-seaside-village-get-the-green-light-despite-objections/a1746883931.html
- 20-Unit housing development approved for Maryfield Road in Lismore https://www.wlrfm.com/news/20-unit-housing-development-approved-for-maryfield-road-in-lismore-815826
- Plans lodged for large new housing development in Kilkenny: Raggett Homes (Glendine) Limited have submitted plans to Kilkenny County Council https://www.kilkennypeople.ie/news/your-community/1814905/plans-lodged-for-large-new-housing-development-in-kilkenny.html
- Kildare hotel applies for massive €10.7m extension: Clane Inn Limited has applied for the extension at Maudlins House Hotel, Dublin Road, Naas, Kildare https://www.kildarenow.com/news/local-news/1813563/kildare-hotel-applies-for-massive-10-7m-extension.html
- Demolition of Kildare warehouse premises proposed to make way for residential units: The warehouse is located in Athy https://www.kildarenow.com/news/local-news/1813397/demolition-of-kildare-warehouse-premises-proposed-to-make-way-for-residential-units.html
- KILDARE County Council have published a Part 8 proposal for a new residential development at Station Road in Kildare Town https://www.kildare-nationalist.ie/news/proposed-social-development-in-kildare-town_arid-59395.html
- Plans for over 1,000 new homes in Dundalk: Over 700 houses included in plans for Large-scale Residential Development https://www.dundalkdemocrat.ie/news/local-news/1813764/plans-for-over-1-000-new-homes-in-dundalk.html
- Plans progressing for 26 new homes and shop units in north Louth: Plans underway for new residential development in Carlingford https://www.dundalkdemocrat.ie/news/local-news/1813775/plans-progressing-for-26-new-homes-and-shop-units-in-north-louth.html
- Bold new multi-use development on the horizon for Leitrim town centre: Enda and Caroline McHugh are spearheading a project in Carrick-on-Shannon which will include a modern café, four residential apartments, and an aparthotel with 17 studio apartments. https://www.leitrimobserver.ie/news/carrick-on-shannon/1812640/bold-new-multi-use-development-on-the-horizon-for-leitrim-town-centre.html
- No private housing development has been built in Longford in 17 years, according to a local Fine Gael TD. Micheál Carrigy was speaking during the Oireachtas housing committee, which discussed the First Home Scheme https://www.shannonside.ie/news/no-private-housing-built-in-longford-in-17-years-according-to-local-td-265462
- Planning permission lodged for major new Clare housing estate https://m.independent.ie/regionals/clare/news/planning-permission-lodged-for-major-new-clare-housing-estate/a29503912.html
- U Value Insulation Announces Development of New Headquarters and Distribution Centre in Dunshauglin, Co. Meath
- Westmeath town in line for second multi-million euro housing development in matter of days https://m.independent.ie/regionals/louth/news/westmeath-town-in-line-for-second-multi-million-euro-housing-development-in-matter-of-days/a9492582.html
- BUILDING in Ballina town centre that has been vacant for 20 years looks set for a dramatic new lease of life in a proposed €7 million development https://www.con-telegraph.ie/2025/05/30/prominent-mayo-building-set-for-dramatic-new-e7m-lease-of-life/
- Plans to build 70 new homes in Killarney: Vision Contracting Ltd, the company behind the development on St Margaret’s Road has lodged a planning application with Kerry County Council https://www.radiokerry.ie/news/plans-for-70-new-homes-in-killarney-436594
- Murphy hikes profit 25% to £84m as orders smash £5.4bn: Contractor Murphy has powered ahead with a 25% jump in pre-tax profit to £84m last year, as it sharpened contract selection and drove operational efficiencies https://www.constructionenquirer.com/2025/05/29/murphy-hikes-profit-25-to-84m-as-orders-smash-5-4bn/
BGN #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/
- ‘Without people to build homes, it won’t happen’:Construction workers decry shortage of tradespeople- Skills shortage a ‘national emergency’ in the eyes of some as calls for recruitment drive grow louder https://www.irishtimes.com/ireland/housing-planning/2025/05/28/without-people-to-build-homes-it-wont-happen-construction-workers-decry-shortage-of-tradespeople/
- In-house, the Property District team has been working on Ireland’s first B2B ‘Top of Mind’ survey of construction brands—including MMC companies—in order to position contractors not by turnover or sector, but by employer appeal and supply chain experience. To get involved, please email Katie@propertydistrict.ie
PODCAST:

NSAI launches MMC Toolkit for Irish Construction Sector
Martin Searson, Head of Modern Methods of Construction (MMC) Certification within the National Standards Authority of Ireland (NSAI), takes iProperty Radio through the certification process for construction manufacturers innovating novel building systems for the Irish market.
Martin shares the latest data around the number of manufacturers on the island of Ireland, and the marked increase in certification applications from outside of Ireland and outside of the EU.
Other MMC ecosystem supports mentioned include Enterprise Ireland, Build Digital and Construct Innovate!
Check out the new NSAI MMC Toolkit launched in recent days 👉https://www.nsai.ie/certification/agrement-certification/modern-methods-of-construction-certification/mmc-toolkit/
📽️ Watch now: https://youtu.be/UXhjM0pPbNc?si=d5Gf2hBO7fNgNGlB
📣 Listen back: https://open.spotify.com/episode/43GYfHyKprqt9WKEo932R2?si=yV97x_2yTPKvsia5I-Wk7A
Produced by Katie Tallon, with Hear Me Roar Media on sound https://hearmeroarmedia.com
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
- Ardstone Capital to pay €177m for Dublin docklands apartments developed by Johnny Ronan firm: Buyer in line for 4.9% yield on investment in high-end residential scheme built by RGRE https://www.irishtimes.com/property/commercial-property/2025/05/28/ardstone-capital-to-pay-177m-for-dublin-docklands-apartments-developed-by-johnny-ronan-firm/
- Almost half of people in Ireland say 25 – 29 is the ideal age for buying your first home – report https://www.meathchronicle.ie/2024/09/03/almost-half-of-people-in-ireland-say-25-29-is-the-ideal-age-for-buying-your-first-home-report/
- Almost 3,500 applications received for just 20 cost rental homes in Dublin: These 20 homes are the first of 64 cost rental homes that will be delivered in a wider 397-unit development. https://www.thejournal.ie/almost-3500-applications-received-for-just-20-cost-rental-homes-in-dublin-6719573-May2025/
- Housing minister ‘not happy’ that affordable homes were priced above threshold for state loans: Homes at a new estate in Kildare were priced out of the local authority’s limit on state-backed loans. https://www.thejournal.ie/browne-not-happy-over-affordable-homes-priced-out-of-loans-6719308-May2025/
- Renovation of social home in Blackrock cost local council €200,000 to bring back into use: Dublin councils spending up to €44,000 on average to refurbish vacant social homes https://www.irishtimes.com/ireland/housing-planning/2025/05/29/blackrock-social-home-renovation-cost-council-200000/
- Developer ‘flatly contradicts’ claims in row about overheating at €6m Ballsbridge penthouse, court hears: Temperatures have been ‘unbearable’, says owner of Dublin 4 flat https://www.irishtimes.com/crime-law/courts/2025/05/29/developers-experts-can-flatly-contradict-claims-in-row-about-overheating-at-6m-penthouse-court-hears/
- Two-bed apartment with sweeping views of the Dodder in Ballsbridge for €875,000: First-floor apartment in walk-in condition is spacious and has two balconies https://www.irishtimes.com/property/residential/2025/05/27/two-bed-apartment-with-sweeping-views-of-the-dodder-in-ballsbridge-for-875000/
- €377k for a semi-d on Cork’s northside at new estate of ‘affordable’ family homes: With property pricing soaring across the country, buyers still need big bucks to secure ‘affordable’ houses https://www.corkbeo.ie/news/local-news/377k-semi-d-corks-northside-31759174
- Former one-bed Kinsale council home is more than a million dollars baby: Killer views at €1.35m No 3 Fr McSweeney Terrace, which has been thoroughly upgraded https://www.irishexaminer.com/property/residential/arid-41642377.html
- Award-winning Galway City housing scheme to feature in International Festival https://www.galwaybayfm.ie/galway-city/award-winning-galway-city-housing-scheme-to-feature-in-international-festival-194998
- Limerick homeowners renting out their houses for €85,000 for Ryder Cup week: Houses from across Ireland – not just in Limerick – have been popping up on the popular Accommodation for the Event website for the Ryder Cup being held in Adare Manor in 2027 https://www.limerickleader.ie/news/property/1810986/limerick-homeowners-renting-out-their-houses-for-85-000-for-ryder-cup-week.html
Property of the week
Look inside: Superbly designed house and mews with unparalleled views over Killiney Bay for €7.25m: Victorian house with a wide rear balcony and outdoor terraces facing the sea https://www.irishtimes.com/property/residential/2025/05/29/look-inside-superbly-designed-house-and-mews-with-unparalleled-views-over-killiney-bay-for-725m/
Imposing 230-year-old Wexford building steeped in history on the market for under €500,000 https://m.independent.ie/regionals/wexford/new-ross-news/imposing-230-year-old-wexford-building-steeped-in-history-on-the-market-for-under-500000/a2026094447.html
Commercial

- US tech giant Workday earmarks $468m for Dublin HQ in 20-year lease deal: Agreement signed last month is described as a ‘landmark’ for capital’s office market https://m.independent.ie/business/commercial-property/us-tech-giant-workday-earmarks-468m-for-dublin-hq-in-20-year-lease-deal/a661680115.html Also: Marlet secures €238m refinancing deal for College Square as Workday signs HQ lease https://www.businesspost.ie/companies/marlet-secures-e238m-refinancing-deal-for-college-square-as-workday-signs-hq-lease/
- Two north Dublin premises will offer attractive yields to investors https://m.independent.ie/business/commercial-property/two-north-dublin-premises-will-offer-attractive-yields-to-investors/a32033014.html
- Cork docklands property at Victoria Road sells for nearly €1m after strong interest: Former Doyle Shipping office to be redeveloped as part of future south docks transformation near proposed Luas line https://www.irishexaminer.com/property/commercial/arid-41641006.html
- Galway’s Newest Commercial District is Taking Shape: Two completed office buildings now accommodate organisations including ARM, Arup Consulting, Trinzo, and Uisce Éireann, with Galway City Council set to relocate over 800 public sector staff to the campus. In total, Phase 1 will support 1,250 long-term office roles, with capacity for 1,200 more planned in the final phase of development https://irishrealestate.news/taoiseach-launches-galways-crown-square-demonstrating-major-opportunity-for-future-commercial-occupiers/
- Galway City Council to give free lease on €8 Million cinema to best proposal https://www.galwaybeo.ie/news/galway-news/galway-city-council-give-free-10223410
- Arrow Capital Partners seeks €9.75m for Longford logistics facility: Former Masterlink Logistics unit comprises 139,225sq ft warehouse and 8,580sq ft office on 9.44-acre site https://www.irishtimes.com/property/commercial-property/2025/05/28/arrow-capital-partners-seeks-975m-for-longford-logistics-facility/
- Landmark gastro pub in the Midlands that is fully refurbished is now on the market: Portlaoise premises is one of the best know pubs in Laois https://www.offalyexpress.ie/story-telling/home/1810613/landmark-gastro-pub-in-the-midlands-that-is-fully-refurbished-is-now-on-the-market.html
- Danish retailer JYSK has announced that its new store in Tullamore will open on Thursday, June 12 https://www.offalyindependent.ie/2025/05/28/opening-date-announced-for-jysk-store-in-tullamore/
- Famous Waterville hotel on the market for €6m https://m.independent.ie/business/commercial-property/famous-waterville-hotel-on-the-market-for-6m/a1671150846.html
PODCAST: The Property Roundup on iPropertyRadio.com
Produced by Katie Tallon MPRII, with Hear Me Roar Media on sound https://hearmeroarmedia.com
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: 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
- R&D in the construction industry: Pioneering new technologies and sustainable solutions: KPMG Ireland 🔗https://kpmg.com/ie/en/home/insights/2025/05/rd-construction-tax.html
- JLL Property Assistant delivers recommendations for property managers via a natural language chat interface:?Using data from PropTech platforms, including JLL’s own business intelligence systems, JLL Property Assistant can help FMs and property managers uncover occupancy data, tenancy reports and budget insights through a chatbot. https://www.twinfm.com/article/jll-introduces-ai-property-assistant
- PropTech startup Adema AI has launched a waiting list for its new artificial intelligence platform, which it says will improve efficiency and decision-making in the real estate sector. https://propertyindustryeye.com/adema-ai-opens-waiting-list-for-new-proptech-platform/
PODCAST: The Proptech Hot Seat on iPropertyRadio.com
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

- It is a rare and disarming moment when a minister of the Irish government dares to speak candidly, let alone with a whisper of self-reproach. Jack Chambers, Minister for Public Expenditure and — now, ominously — National Development Plan Delivery and Reform has done precisely that. At the Global Economic Summit in Killarney, he looked into the murky depths of the Irish state’s failure to build — to construct, to deliver, to even so much as commence — and did not blink. https://www.businesspost.ie/uncategorized/business-post-view-state-of-paralysis-in-infrastructure-can-no-longer-be-tolerated/
- The clock is ticking on housing and infrastructure projects: Amid multiple holdups and budget overruns it’s time for the Government to act, and decisively https://www.irishexaminer.com/opinion/ourview/arid-41639782.html
- Fixing ‘known’ water system issues will take until 2050 and cost up to €60bn, says Uisce Éireann https://www.irishtimes.com/ireland/housing-planning/2025/05/28/uisce-eireann-needs-103bn-to-make-up-for-years-of-underinvestment/
- Housebuilding in Dublin to stall within three years if wastewater plant not delivered: Utility’s starkest warning yet on water constraints follows Government’s revised 2030 housing target https://www.irishtimes.com/ireland/2025/05/26/no-new-homes-for-dublin-after-2028-without-key-wastewater-plant-uisce-eireann-warns/.
- Irish Water crisis setting us up for a national emergency https://www.businesspost.ie/uncategorized/matt-cooper-irish-water-crisis-setting-us-up-for-a-national-emergency/
- Construction contract for first BusConnects corridor to be signed next month: First corridors to get under way will be on Liffey Valley-city centre and Ballymun/Finglas-city centre routes https://www.irishtimes.com/transport/2025/05/27/construction-contract-for-first-busconnects-corridor-to-be-signed-next-month/
- Construction of MetroLink project may not begin until 2028, transport committee to hear: Once the tendering process is complete, construction would commence 18 months later, the NTA will tell the committee. https://www.thejournal.ie/construction-of-metrolink-project-may-not-begin-until-2028-transport-committee-to-hear-6716856-May2025/
- New Government report has concluded that the proposed city ring road would not solve Galway’s traffic woes – leading to calls to ‘move on’ from the €1 billion project: Department of Transport has published a report on ‘The Economic Cost of Congestion in Regional Cities’ and has determined that car traffic currently costs the city more than €35 million per annum and predicts that this will rise to €107 million by 2040 – when the ring road is operational https://connachttribune.ie/government-report-concludes-ring-road-wont-solve-citys-traffic-587/
- Amazon Web Services (AWS) is in early discussions with Echelon Data Centres to take over its €3.5 billion data centre campus in Arklow https://www.businesspost.ie/uncategorized/amazon-web-services-in-talks-with-echelon-on-e3-5bn-arklow-data-centre-campus/
- Plans are to be lodged in the coming weeks for Park and Ride facilities on the west side of Galway City: https://connachttribune.ie/plans-to-be-lodged-for-park-and-ride-facilities-on-west-side-of-city/
- Final bridge span installation marks a “momentous” day for Waterford https://waterfordcouncil.ie/final-bridge-span-installation-marks-a-momentous-day-for-waterford/
- Shannon LNG reactivates plans for €650m terminal in Kerry: The proposal goes directly to An Bord Pleanála as it is Strategic Infrastructure Development, or development considered to be of strategic economic or social importance https://www.irishexaminer.com/news/munster/arid-41642272.html
INTERNATIONAL NEWS
- UK construction activity April 2025: Industrial https://www.constructionnews.co.uk/cn-intelligence/uk-construction-activity-april-2025-industrial-29-05-2025/
- Grenfell refurb main contractor sees first sales growth since 2019: The main contractor that was responsible for refurbishing Grenfell Tower has said it is “well advanced” in its building remediation programme, as it posted a return to sales growth https://www.constructionnews.co.uk/financial/grenfell-refurb-main-contractor-sees-first-sales-growth-since-2019-27-05-2025/
- The London Legacy Development Corporation (LLDC) has launched early market engagement on a proposed civils and engineering framework for the Queen Elizabeth Olympic Park, with a projected value of up to £30m. https://www.constructionnews.co.uk/contracts/olympic-park-developer-seeks-contractors-for-civils-and-engineering-framework-29-05-2025/
- Australia’s housing crisis worsens as apartment approvals hit new low: The dream of home ownership is slipping further away, as new data shows a sharp drop in one metric, leaving housing experts sounding the alarm. https://www.weeklytimesnow.com.au/news/breaking-news/australias-housing-crisis-worsens-as-apartment-approvals-hit-new-low/news-story/82d0f181ecc61fd45997970da8785ea5?nk=0288503c30ebeb23197d7663cb37ed4b-1748682843