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Dublin: 6 °C Tuesday 21 January, 2020
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This week’s vital property news: More than 130 new office buildings planned for Dublin

Everything you need to know in one quick guided tour.

PastedImage-81800 Source: Savills Ireland

The Big Movers

Plans for 136 new Dublin office buildings under way

There are 136 new office buildings planned for Dublin over the next five years, according to a report by property consultants Savills Ireland. These will provide over 12 million square feet of office space and accommodate 100,000 employees.

Government wants houses on vacant sites in Dublin

Housing Minister Simon Coveney announced plans to fast-track homes in major urban centres. He has said he is putting attractive packages in place to ensure the construction of affordable homes and has identified a number of key sites around the city for development.

Under Construction

Source: Daft.ie

  • There are 11,550 houses under construction in Ireland according to a report in the Irish Times this week. The value of these projects rose 34% to €1.3 billion, with €800 million worth of the development taking place in Dublin.
  • The Daft Report was released this week and said that soaring rents are having a “disastrous effect” on the country’s competitiveness due to the rising costs of housing.
  • CBRE are quoting a price of €2.2 million for a modern office scheme located not far from Cabinteely according to an article in the Irish Independent. The scheme comprises a four-storey block with 19 office suites and 100 underground and surface car parking spaces.

Des Res

If you ever wondered how a former Wall Streeter turned perfume entrepreneur lives in his loft in Williamsburg, Brooklyn, you’re in luck: there’s lots of exposed brick, concrete structure and light. Take a look here.

This week’s vital property news: More than 130 new office buildings planned for Dublin
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All images: Business  Insider

And Finally…

The Royal Institute of the Architects of Ireland (RIAI) has launched the RIAI Statement of Policy on Architectural Education, which was last updated in 2001. It covers key developments such as the registration of title under the Building Control Act 2007 and aims to address the legal and regulatory obligations associated with the RIAI’s new role.

Read: Big increase in UK companies making enquiries to Irish property agents

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About the author:

Edel Corrigan

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