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Over 300,000 jobs linked to Foreign Direct Investment in Ireland in 2017

Foreign Direct Investment in Ireland 2017, a thematic publication exploring the impact of FDI and globalisation, shows over 300,000 jobs are directly linked to foreign investment into Ireland. Despite a decrease of €54bn in the stock of Foreign Direct Investment into Ireland between 2016 and 2017, at €744bn (253% of GDP) investment still remains high […]

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Residential property prices rise by 3.1% in the year to April

Residential property prices increased by 3.1% nationally in the year to April. This compares with an increase of 3.8% in the year to March and an increase of 13.3% in the twelve months to April 2018. In Dublin, residential property prices rose by 0.5% in the year to April, with no change in house prices […]

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Boots signs up for flagship Galway store in Gateway Retail Park

Boots has become the latest major retailer to sign up at the landmark Gateway Retail Park in Galway. The pharmacy-led health and beauty retailer has agreed to take a new 700 sq.m (7,500 sq.ft) premises at the scheme. Boots are understood to be paying a rent in excess of €35 per sq.ft per annum for […]

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Employment increases by 3.7% in year to Q1 2019

There was an annual increase in employment of 3.7% or 81,200 in the year to the first quarter of 2019, bringing total employment to 2,301,900. This compares with an annual increase of 2.3% or 50,500 in employment in the previous quarter and an increase of 2.9% or 62,400 in the year to Q1 2018. Summary […]

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Irish Life in bid to grow retail business to €10bn

Insurance giant Irish Life intends to double the size of its retail investment business over the next five years to €10bn. It also plans to acquire a number of residential developments, investing “hundreds of millions” in residential properties. Irish Life acquired the sought-after Fernbank development in Dundrum, south Dublin, last year for €100m. In an […]

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Over 10,000 workers joined the Irish construction workforce in 2018

A new report from the Construction Industry Federation (CIF) shows that 10,600 extra workers joined the construction workforce in 2018, up 8% year on year and bringing the total workforce to 145,500. Construction Investment There was a 20% increase in investment in building and construction in 2018, with €26 billion invested during the year. The […]

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Residential property prices rise by 3.9% in the year to March

Residential property prices increased by 3.9% nationally in the year to March. This compares with an increase of 4.3% in the year to February and an increase of 12.6% in the twelve months to March 2018. In Dublin, residential property prices rose by 1.2% in the year to March, with house prices rising by 0.7% […]

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Irish retailers see encouraging start to 2019

Irish retail sales values grew by 4.7% in the first quarter of the year when compared with the same period in 2018, aided by a ‘mild late winter’ and ‘early spring’, research showed. While these figures are robust, it must be highlighted that in this period last year, Ireland found itself under a blanket of […]

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Construction activity boosted in April while companies increase stock

Construction activity rose sharply in April while purchasing inventory also ratcheted up as companies seek to avoid Brexit-related supply disruptions, according to a survey from Ulster Bank. The bank’s construction purchasing managers index (PMI) showed that business levels continue to rise underpinned by ongoing increases in the demand for construction work. But Brexit still weighed […]

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New Costa Coffee store to open in Waterford Retail Park

Costa Coffee will open a brand new store in Waterford Retail Park on the Outer Ring Road this summer. The new coffee pod will take up a floor area of approximately 2,600 sq. ft and will result in a bright and spacious high-spec coffee offering with outdoor seating. It joins other big-name retailers in the […]