Category Archives: Industry News

Minister for Housing Jan O'Sullivan

Housing Minister to clamp down on poor planning decisions

The Minister for Housing and Planning, Jan O’Sullivan TD, has informed local authorities that she will invoke her legal powers to clamp down on poor planning decisions at local level. The Minister has informed local authorities of her intention to invoke her Section 31 powers in all cases where initial Departmental opinions on proposed development [...]

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A section of the crowd at Friday's auction in the Harbour Hotel

€3.6m in sales recorded at Galway auction

An estimated 600 people attended a bumper auction in Galway City, at which more than €3.6 million worth of property was sold. The O’Donnellan & Joyce auction last Friday saw a packed auction room in the Harbour Hotel, will potential bidders and onlookers flowing out into the corridor outside. A total of 28 properties in [...]

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Homeowners will be allowed to move and keep their tracker mortgage

Homeowners will now be able to move house without having to give up their low interest tracker mortgages. Trackers are linked to the rate set by the European Central Bank, which currently has an historically low rate of 0.5%. With 375,000 homeowners currently on tracker mortgages, many are reluctant to move for fear of losing [...]

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D4 home sells for €500,000 above its reserve price at auction

A house in Dublin 4 has sold for €500,000 above its €1.6m guide price. 46 Wellington Road sold yesterday for €2.1m – making it the highest price paid for a home at auction this year. The Ballsbridge house was bought yesterday by a family which plans to restore it to a family home. Both the [...]

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Eyre Square

€13m for Eyre Square site

The Irish Times reports that a consortium headed by the wealthy Galway developers Brian and Luke Comer has bought a substantial redevelopment site fronting on to Eyre Square in Galway for slightly over €13 million. Aidan Gavin of DTZ Sherry FitzGerald handled the sale of almost two acres known as the Odeon site for receivers Kieran Wallace and Patrick Horkan of KPMG. The [...]

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Colm O’Donnellan of O’Donnellan & Joyce

O’Donnellan & Joyce prepare for biggest ever auction tomorrow

  O’Donnellan & Joyce will hold the biggest property auction ever held in the west of Ireland when 32 properties go under the auction hammer tomorrow. According to Colm O’Donnellan of O’Donnellan & Joyce there has been tremendous interest both locally, nationally, and internationally in relation to this forthcoming auction, as there is such a [...]

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O’Connor elected new SCSI president

Micheál O’Connor was elected as the new chair of the Society of Chartered Surveyors Ireland (SCSI) at their AGM on Tuesday. Mr O’Connor succeeds Roland O’Connell having served under him as Senior Vice President. Micheál told the AGM that he believed the Irish construction industry is well positioned to become a global player in high-tech-facility [...]

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Over €12m raised at Allsop Space auction

Just over €12.1m was raised at today’s Allsop Space auction in the Shelbourne Hotel in Dublin. A total of 125 lots were registered for the second auction of the year with 96 selling on the day for a sum total of €12,105,500. Two further lots sold prior to auction. The biggest sale of the day [...]

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Graham Murray

Savills appoint new head of their residential department

Graham Murray has joined property consultants Savills Ireland as Head of their Residential Department. Graham joins Savills from Sherry Fitzgerald, where he managed Dun Laoghaire, the firm’s largest branch. Commenting on the appointment Mark Reynolds, Director, Savills Ireland said:  “For some time we have been looking for a strategic and proven specialist to head up [...]

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35 Cluain Dara

Just one property sells at Galway auction

Just one property sold at today’s DNG Maxwell Heaslip and Leonard property auction in the Imperial Hotel in Galway. Ten lots were due to go under the hammer, although Brooklodge Demesne was withdrawn shortly before proceedings got underway. The only sale was lot two, 35 Cluain Dara, just off the Western Distributor Road. The three [...]

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