Glenveagh | Business Post

Morning Markets Wrap: Bank of Ireland enjoys boost while UK stocks rise with confidence on inflation

Glenveagh also had its shares rise on a relatively quiet morning on the Iseq

Post Script: Women on board, O’Brien makes a call, Garvey builds his rep, beards and ballads

The Business Post team takes a look at the scenes behind the stories

RTÉ Montrose campus not worth €300 million touted price tag ‘to any degree’, Glenveagh chief Stephen Garvey warns

Stephen Garvey, the chief executive at Glenveagh, said it was unlikely the housebuilder would be interested in purchasing the site if it came up for sale

Property Sector

Housebuilder Glenveagh reports sharp fall in profits

Pretax profits fall by 89 per cent as revenues also slide but housebuilder remains optimistic on long-term demand

Cairn plans to hand over 40 per cent of homes for social housing

As interest from investment funds wanes, the developer is re-focusing towards state entities

Commercial Property

CIS round-up: what’s being built, when and where around the country

The leading provider of business intelligence to the construction sector offers the latest on projects on the ground and in the pipeline

Appeals against 850 homes on Oscar Traynor Road in Dublin are dismissed

The ruling by An Bord Pleanála has paved the way for construction to commence

Glenveagh to create 200 jobs as it opens new timber frame manufacturing facility in Carlow

Nua Manufacturing, a subsidiary business of the listed homebuilder, will produce more than 2,000 timber and steel frames from the state-of-the-art plant in Carlow town

Funds’ interest in apartment building starting to wane

Glenveagh boss says inflation and interest rates have dampened enthusiasm of private sector, while state and housing bodies are stepping in to fill gap

House builder Glenveagh makes ‘significant’ progress in ‘improving planning environment’

The group has been granted permissions for approximately 3,400 units so far this year

Commercial Property

Glenveagh offers Navan retail opportunity within residential scheme

Commercial agent Cushman & Wakefield is bringing the site to market with a guide price of €1.25m

Commercial Property

Glenveagh leases three floors for new HQ at Maynooth business campus

The Irish homebuilder has leased around 3,716 square metres of prime office space for a new, state-of-the-art headquarters

Housebuilding figures 20 per cent down on same period last year

With homelessness figures at their second highest on record, the government is under pressure to deliver on commencement rate

Glenveagh and Cairn diverge on solutions for housing crisis

Construction giants both posted robust profits for last year, but Cairn plans to focus on apartments and Glenveagh is pushing for more high-density own-door developments

Shrink gardens to cut house prices says Glenveagh boss

Stephen Garvey said the listed housebuilder was frustrated at delays to new guidelines that could shrink garden sizes by up to a third

Glenveagh profits hit €63 million as sales of suburban homes surge

Housebuilder said it had shielded itself from construction inflation but called on the government for ‘meaningful action’ to deal with acute shortages

Glenveagh executives standdown from council roles ahead of legal action

The developer has sought a judicial review of the new Kildare county development plan which limits the number of homes that can be built

Cairn Homes and Glenveagh Properties take council to court over Kildare development plan

The firms, Ireland’s two biggest housebuilders, say the scheme is based on census data which is out of date

Developers push back against new land-hoarding taxes

Homebuilders and investment funds are lobbying to avoid millions of euro-worth of taxes on inactive land banks which have received planning permission

Singapore’s sovereign wealth fund cuts its stake in Irish housebuilder Glenveagh

GIC was one of the company’s first backers when it went public in 2017