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Construction

Housing

Construction inflation risks scuppering social housing projects, expert group warns

Irish Council for Social Housing tells Oireachtas committee that approved housing bodies are finding it harder to secure sufficient levels of professional indemnity when obtaining loans
  • Donal MacNamee
  • June 28, 2022
The Last Post

Matt Cooper: Deluge of Saudi cash threatens to wash out Europe’s flagship golf events

This week’s Horizon Irish Open in Mount Juliet has a prize fund of €6m, and will be fighting for TV viewers against LIV’s $25m exhibition in Portland
  • Matt Cooper
  • June 25, 2022
Housing

Nama says construction inflation ‘a real challenge’ in plan to deliver 1,800 homes by 2025

Agency’s chief executive says 600 homes will be completed this year despite the increase in costs for building materials
  • Ellie Donnelly and
  • Lorcan Allen
  • June 11, 2022
Companies

CRH agrees $1.9bn acquisition of Barrette Outdoor Living

Barrette reported a profit before tax of $79 million last year, and gross assets of $1.2 billion
  • Ellie Donnelly
  • June 3, 2022
Housing

State will ‘fail to meet housing targets unless construction costs are tackled’

Experts and industry groups call for urgent action to tackle rising building costs at a cross-party meeting
  • Donal MacNamee
  • May 24, 2022

Developer calls for 0% Vat on building materials to deal with inflation crisis

The heads of a property development and construction materials company also want the government to abolish Vat on new housing developments
  • Lorcan Allen
  • May 15, 2022
Infrastructure

Government to access €400m of unspent capital for NDP projects

Public Expenditure Minister has announced that the state will pay 70 per cent of construction cost inflation on recently signed public works contracts to safeguard key projects
  • Peter O'Dwyer
  • May 15, 2022
economics

State to cover 70% of cost of construction inflation

Government will also extend reduced 9% VAT rate for hospitality sector
  • Michael Brennan
  • May 10, 2022

Demolition of Revenue’s Limerick HQ ‘farcical’, says Green TD

Brian Leddin, chair of Oireachtas environment committee, says plan to demolish 1970s-era Sarsfield House should be re-examined due to impact on the environment
  • Michael Brennan
  • May 8, 2022
Infrastructure

Cost inflation delaying €67m bypass in historic Clare village

Killaloe, the birthplace of Brian Ború, must wait for its new road due to huge increases in the price of construction materials and fuel
  • Michael Brennan
  • May 8, 2022

Sale of oil and gas boilers should be phased out by 2027, building group says

Green Building Council recommends a number of measures to reduce carbon emissions and warns there are not qualified people to fulfil Ireland’s retrofitting targets
  • Sarah Taaffe-Maguire
  • May 6, 2022
inflation

Builders ‘downing tools’ on major road projects as construction prices soar

Industry representative warns backlog is growing as schemes are deferred, and says prices must be adjusted to ensure delivery
  • Peter O'Dwyer
  • May 1, 2022

‘It shouldn’t have taken a war’: Construction firms rebuke state amid inflationary pressures

Construction Industry Federation to tell politicians ‘no contractor in the world’ could withstand current price rises
  • Donal MacNamee
  • April 26, 2022

Building emissions in Ireland as high as agricultural emissions, TDs told

Retrofitting less effective due to improper installation, Oireachtas committee hears
  • Sarah Taaffe-Maguire
  • April 26, 2022

Construction cost inflation hits 13% ⁠— chartered surveyors

SCSI says prices to increase further due to war in Ukraine
  • Sarah Taaffe-Maguire
  • April 21, 2022

CRH reports ‘positive’ start to 2022 on the back of strong demand

Sales increase 13% on corresponding quarter last year
  • Ellie Donnelly
  • April 20, 2022

€1.7bn children’s hospital bill to rise further over inflation

Construction costs expected to rise again due to the impact of the Russian invasion of Ukraine
  • Michael Brennan
  • April 10, 2022

Ian Guider: Sights could have been set so much higher for the Irish Glass Bottle site

The location close to the city centre could have held a Manhattan-style high-rise quarter
  • Ian Guider
  • April 1, 2022

Construction firms threaten to down tools on roads and housing schemes

Companies cite ‘hyperinflation’ of steel and timber costs as reason why the works are no longer viable, and say prices are soaring in wake of Russia’s invasion of Ukraine
  • Michael Brennanand
  • Peter O'Dwyer
  • March 27, 2022

Apprentice applications ‘significantly behind’ numbers needed for housing

Numbers entering key trades are not sufficient to carry out Housing for All plan, says TD, who accuses government of having ‘a laissez-faire attitude’
  • Killian Woods
  • March 27, 2022

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