Kenny turns sod for €26 million infrastructure project delivering 250 jobs
Signalling a massive escalation in the Grangegorman health and education campus project, An Taoiseach, Mr. Enda Kenny T.D, today turned the sod on the ‘Site [...]
Hibernia REIT admitted to Irish and London Stock Exchanges
Property investment company Hibernia REIT has been admitted to both the Irish and London Stock Exchanges. The company last week placed 361 million shares with [...]
Nama to sell prime Dublin hotels in 2014
Nama will bring “several prime Dublin hotels” to the market shortly after Christmas to capitalise on significant international interest in the sector, according to a [...]
State will sell more banking assets to recoup cost of bailout – Davy
The State is set to recoup a substantial portion of the cost of bailing out AIB, Bank of Ireland and Permanent TSB by selling assets over the [...]
Park Developemnts slashes losses as revenues double
A doubling of developer Michael Cotter’s Park Developments’ Irish revenue last year led to pre-tax losses narrowing sharply to €844,300. Figures show that Park Developments [...]
AIB €100m fund to improve SME energy efficiencies in place
AIB has launched a €100m fund aimed at improving energy efficiencies among SMEs, which has the potential to stimulate the economy and create thousands of [...]
ECB Cheap money poliy to stay in place
The ECB left its interest rate policy unchanged at the December meeting of the Governing Council last Thursday following it's current policy of cheap money [...]
Taoiseach to turn sod as more Grangegorman construction gets underway
On Thursday 12th December 2013 at 10.30am An Taoiseach Mr. Enda Kenny T.D will officially turn the sod for a major new site infrastructure project [...]
Wind Energy Sector provides real opportunities for building sector workers
The wind energy sector in Ireland is looking to attract skilled construction workers for a variety of roles across the industry as preparations are made [...]
Kentz to buy US firm Valerus for $435m
Irish engineering group Kentz said today it had agreed to acquire U.S.-based Valerus Field Solutions for $435 million in cash, to expand its engineering capability [...]
University of Limerick launches €224m plan
THE University of Limerick has unveiled ambitious expansion plans after the European Investment Bank (EIB) agreed to provide €100m for its four year development plan. [...]
Ulster Bank PMI shows Building sector rebound continues
Increases in the rate of job creation and business sentiment reached their highest level since the Ulster Bank Construction PMI report began in 2000. Simon [...]
US investment firm moves closer to Shelbourne loans
A US investment firm is on the verge of taking control of the loans secured against the Shelbourne Hotel, as the influx of overseas money [...]
McNamara-built Galway hotel returns to profit
The four-star Galway hotel built by Bernard McNamara last year returned to profit after years of successive losses. Mr McNamara, through his firm Shorelark Ltd, [...]
Nama will sell O’Flynn loans
Nama will put up for sale €1.8bn of loans belonging to Cork-based property developer Michael O’Flynn, according to reports. Nama has retained the investment bank [...]
Development of New Facilities at Ballina District Hospital
Representatives from HSE West and Mayo Roscommon Hospice Foundation met to sign the contract with the preferred bidder for the new refurbishment and extension works [...]
Outlook positive for Abbey as it posts profits of €7.65m
Home builder Abbey has reported a pre-tax profit of €7.65m for the six months to the end of October. That’s an improvement on the corresponding [...]
Seventh regulator withdraws from Central Bank
Andy Coulson, head of investment firms and funds supervision, has tendered his resignation and will leave the Central Bank in three months' time. Mr Coulson [...]
Nama meets troika target as €7.5bn redeemed
NAMA has announced that it has redeemed €500m in Senior Bonds which were issued as consideration for the original loans acquired from the participating institutions [...]
Central Bank sets new mortgage debt targets
The Central Bank has given the country's main lenders until next June to put in place mortgage debt solutions for 75 per cent of customers [...]
ECB ready to act
The European Central Bank remains prepared to take various policy options to support the euro zone economy, President Mario Draghi said today. "We are ready [...]














