James Benson, Director, Development, Planning and Housing, CIF, writes that the country needs 36,000 homes each year for the next two decades to keep up with population growth, but current supply isn’t matching either the demand or realisable output.
A new analysis of the home building market carried out by EY-DKM Economic Advisory Services on behalf of the Irish Home Builders Association (IHBA) estimates that up to 36,000 new homes per annum will be needed to meet demand over the next two decades.
In November 2020, HBFI launched two new products to further its presence throughout the housebuilding finance market. These products closely support the market requirements and have been developed following extensive engagement with market participants. The two new products are:
• COSME Product
• Social Housing Product.
SEAI Deep Retrofit Conference Discusses Plans to Upgrade Ireland’s 1 Million Energy Inefficient Homes Over 200 building professionals, including architects, specifiers, builders, plumbers, engineers and researchers, gathered at SEAI’s second Annual Deep Retrofit Conference in the Aviva in Dublin. The conference brought together building energy efficiency experts from Ireland and Europe to discuss solutions to […]
Cullaun Capital management team; Noel Ross, Stephen J Bell and Daire McCarthy. New Residential Development Finance Platform A team of Irish-based lending executives has launched Cullaun Capital, a new development finance platform to facilitate and accelerate the building of new homes in Ireland. The new platform is supported by TPG Sixth Street Partners (TSSP), the […]
Glenveagh Properties, a new Irish housebuilder backed by US private equity firm Oaktree Capital, is seeking finance for housing development by raising funds on the Dublin and London stock markets. Glenveigh, which comprises properties accumulated by Oaktree Captial in Ireland as well as the assets of Maynooth builder Bridgedale, has approximately 1,700 shovel-ready units. It states […]
New process could result in strategic housing decisions within six months The new Minister for Housing, Planning, Community and Local Government, Eoghan Murphy TD has signed the necessary Commencement Order and associated supporting Regulations to enable planning applications for large-scale housing developments of 100 units or more, and large-scale student accommodation projects, to be made […]
Simon Barry, Chief Economist, Ulster Bank, Republic of Ireland According to the Ulster Bank PMI March 2017, Rates of expansion remained strong in the Irish construction sector amid reports of improving client demand Highlights – March Ulster Bank Construction Purchasing Managers Index survey (PMI) Ulster Bank PMI rose from 57.9 in February to break 60.8 […]
Simon Barry, Ulster Bank According to the Ulster Bank PMI January 2017, Irish construction activity continued to grow sharply in January 2017 on the back of higher new orders. The key highlight from the latest Ulster Bank Construction Purchasing Managers Index survey (PMI) was a near-record rise in employment as companies responded to greater workloads. […]
National Statement of Housing Supply & Demand and Outlook of 2017 – 2018. Key points New Builds Sufficient development land – Construction Growth – Progress in unfinished estate completions Sales Residential sales decline in 2016 – House price increases slower Rental Sector Rents rise across country – New rent highs in Dublin. Affordability problems in particular […]