Archive for February, 2019

Scale of Dublin Office Demand has Decoupled from Size of Domestic Economy

Scale of Dublin Office Demand has Decoupled from Size of Domestic Economy

25/02/19

The rise of internationally traded services – a consequence of shifting global consumption patterns, the internationalisation of business processes and more sophisticated accounting practices within multinationals, has led to the presence in Dublin of outward-facing corporations whose activities are decoupled from the size of … Read More

Echelon granted planning permission for €500m Arklow data centre

Echelon granted planning permission for €500m Arklow data centre

20/02/19

Echelon Data Centres, a recently launched Irish company, has been granted planning permission for a €500 million data centre on Co Wicklow. Permission was granted for the company’s planned 45,000sq m (485,000 sq ft) facility in Arklow that will have a capacity of up to 100MW. The centre will create 450 construction jobs … Read More

Construction companies struggling to hire skilled workers

Construction companies struggling to hire skilled workers

15/02/19

Builders are struggling to hire skilled workers in key trades, hitting their ability to finish houses and infrastructure on time, a new study shows. A Construction Industry Federation (CIF) survey has found that almost nine out of every 10 companies have difficulty recruiting skilled workers. The federation says that there i… Read More

Children’s hospital: Deferring aspects to cut costs was considered

Children’s hospital: Deferring aspects to cut costs was considered

13/02/19

The Department of Health considered plans to deferring parts of the new national children’s hospital including the helipad, outsourcing the kitchen and part of the pathology department, to save money due to cost overruns. The overspend on the hospital, the cost of which could ultimately exceed €2 billion, and … Read More

Construction activity still ‘solid’ despite slower growth

Construction activity still ‘solid’ despite slower growth

13/02/19

Irish construction groups experienced solid but slower growth in January as the industry grappled to deal to meet demand for housing. The latest Ulster Bank Construction Purchasing Managers’ Index (PMI), which tracks activity, fell to 54.6 last month but remains well above the 50 mark that delineates expansion from contrac… Read More

Dublin Crane Survey shows strong development sentiment

Dublin Crane Survey shows strong development sentiment

06/02/19

Construction activity in the Dublin City Council area continued to increase across the residential, office and hotel sectors during 2018 as development sentiment remains strong, a new survey shows today. Deloitte's latest Dublin Crane Survey captures the development of new schemes and the significant amount of refurbishment, … Read More

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