The Ulster Bank Construction Purchasing Managers’ Index (PMI) – a seasonally adjusted index designed to track changes in total construction activity – posted above the 50.0 no-change mark for the first time in four months during December. At 52.0, from 48.2 in November, the rise signalled a modest increase in construction activity.

Cairn Homes plc has announced the forward sale of 229 private rental sector (PRS) residential units in Lucan, Dublin 22 to a special purpose company managed by Carysfort Capital, and funded by Angelo Gordon, for a total cash consideration of €78.75 million including VAT.

Construction fatalities have more than doubled in the last year, according to the latest figures released by the Health and Safety Authority (HSA). Chief Executive Officer of the HSA, Dr Sharon McGuinness, expressed concern that construction deaths had increased from five in 2018 to 12 in 2019, with 75% of all fatal injuries taking place…

The CIF has responded to recent Health and Safety Authority statistics that revealed construction deaths increased from five in 2018 to 12 in 2019, with 75% of all fatal injuries taking place in the last six months. Tom Parlon, Director General of the CIF, said: “The increase in construction fatalities is a grave reminder to companies…

Obton has announced details of its €300 million investment in the Irish solar energy sector. Obton, a Danish solar photovoltaic (PV) business, and its Irish partner Shannon Energy, will develop up to 500 MW of solar PV projects in Ireland over the next five years.