Full coverage: Construction

Major new data on housing delivery and costs reveal just how weak supply really is. But to fix the problem, we need to focus on land, the role of public housing and the vexed issue of construction costs.

Decawave was bought for $400m two years ago. New financial data reveal how it has performed since and what it is planning next. Meanwhile, accounts for Lonely Planet, Bennett Construction, and the Caulfield McCarthy Group show how different sectors of the economy are dealing with the pandemic.

Collen Construction can trace its roots back to 1810 and it remains one of Ireland’s largest construction firms. However, in the past number of years, the family-owned business has seen its European division become the dominant division. This is how it did it.

Startling new data on house completions, prices, and costs over a 50-year period paints a stark, sobering picture. To achieve the government target of 30,000 new completions a year, prices must either increase by 24% or construction costs will have to fall by 40%.

The deal has been notified to the competition watchdog and will see the engineering group led by Michael Stone exit Sensori Facilities Management.

Cork-based Airflow Services offers a range of installations from domestic heating to high-tech ventilation. Its founders have just sold it to New York-listed Johnson Controls.

You might think shutting down sites for much of 2020 would have impacted general contractors’ financials. Thanks to its flexible business model, Walls barely missed a step.

One of Dublin’s top building providers is challenging a move by a former managing director to sell 10% of the business to a rival, claiming he disclosed confidential company information. New court documents reveal what HPC alleges occurred.

Modular buildings were hailed as the solution to Ireland’s housing crisis. But the sector has seen significant setbacks, due in large part to added strain on the private housing market and a shortage in construction supplies caused by the pandemic.

Businesses are adapting to new air quality expectations from workers and customers concerned about breathing in viruses and other germs. This new demand creates opportunities for those selling ventilation and purification technologies.