KWE pre-lets entire Baggot Plaza redevelopment to Bank of Ireland

Kennedy Wilson Europe has signed an agreement to lease its three-block Baggot Plaza office redevelopment in Dublin 4 to Bank of Ireland. KWE recently received final planning permission for an extra 37,700 sq ft as part of a complete redevelopment of the existing 91,600 sq ft 1970s structure, located from 27 to 33 Baggot St. The redevelopment, which will now comprise 129,300 sq ft of space, is made up of three blocks: Block A (64,900 sq ft), which fronts on to Fleming Place; Block B (42,800 sq ft), which interconnects Block A and B and facilitates access to both Baggot St and Fleming Place; and Block C (21,600 sq ft),…

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Quantcast co-founder officially opens Dublin EMEA office now employing 75

Quantcast co-founder Konrad Feldman

Co-founder of US tech company Quantcast Konrad Feldman has officially opened the company’s Dublin office where staff levels have grown to 75 since 2012 when it was established. Headquartered in San Francisco, Quantcast is specialised in real-time advertising and audience measurement and is one of the leading companies in the world applying the power of big data and analytics to digital and mobile advertising. Quantcast employs a total of 650 people worldwide and has received US$65m in investment funding since its foundation in 2006. The Dublin office, which acts as the firm’s European operations centre, has teams looking after finance, marketing, recruitment, sales and customer services across the EMEA region.…

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Business sentiment at an eight-year high – KBC/Chartered Accountants Ireland index

Business sentiment in the first quarter of 2015 rose to an eight-year high in the latest survey from KBC Bank Ireland/ Chartered Accountants Ireland on the back of increases in activity and employment. The business sentiment index had a reading of 127.7 in Q1 2015, up from 124.3 in the final quarter of 2014.  The latest KBC Bank Ireland / Chartered Accountants Ireland Business Sentiment Survey is based on responses from 354 accountants working in senior positions in leading companies. According to the survey, Irish business conditions have continued to improve in early 2015. While the pace of output growth eased marginally in the past three months, employment growth picked…

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New housing development monitor shows 2,363 planning applications in Dublin region in Q1

A new monitor of residential planning activity in the Dublin region across the four local authorities shows that there were 2,363 planning applications (for 25 plus unit schemes) in the first quarter of the year. This was an increase of 6pc compared to the final quarter of 2014 (2,234 permissions), but is down 40pc on the number of similar applications for Q3 2014 (3,734 permissions). The Quarterly Housing Development Monitor is published by the Society of Chartered Surveyors Ireland (SCSI), the professional representative body for the property, land and construction sectors, in conjunction with Future Analytics Consulting. “Planning permissions are a good indicator of the levels of supply that will…

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Former Irish international Shane Horgan helps open KBC’s Dundrum hub

KBC Bank Ireland has officially opened the doors of its retail banking hub in the heart of Dundrum village. According to KBC, it brings greater competition and choice to consumers in south Dublin. It’s located in Unit G-14, Dundrum Village Shopping Centre. RTÉ Radio personality Brenda Donohue was the MC for the morning’s activities, which included a special guest appearance from former Irish international and Leinster rugby player Shane Horgan. He signed autographs, took pictures and participated in a special sports Q&A with Donohue. “The official opening of KBC’s hub in the heart of Dundrum Shopping Centre was a big day for staff and all our customers,” said Kerri McCaughey,…

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Construction sector forecast to grow by 26pc over the next two years

Construction sector output grew in volume terms by 10pc in 2014 to €11bn and is forecast to increase by around 26pc over the next two years, according to a report released by the Society of Chartered Surveyors Ireland (SCSI). The SCSI’s ‘Irish Construction Prospects to 2016’ report – which was prepared by DKM Economic Consultants in conjunction with the SCSI – suggests that the growth in output will be driven by housebuilding and commercial property activity. Andrew Nugent, incoming president of the SCSI, said: “The fact that the sector grew by 10pc is positive and reflects improved economic conditions and confidence in the sector. “However, the growth is still coming…

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Kennedy Wilson submits planning application for Capital Dock

Global property company Kennedy Wilson and its equity partners, in a joint venture with the National Asset Management Agency (Nama) has submitted planning for its visionary development on Sir John Rogerson’s Quay in Dublin 2. Extending over 4.8 acres, Capital Dock is one of the largest undeveloped sites in Dublin CBD (Central Business District) and will deliver over 600,000 sq ft of new space at this prime waterfront location. It will include 313,000 sq ft of office space across three buildings and 204 high quality residential units across two buildings, one of which will incorporate a 19-storey tower. The proposed development, which is bounded by water on two sides, places…

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Center Parcs to build €200m holiday village in Co Longford, creating 1,000 permanent jobs

UK holiday company Center Parcs has officially announced plans to develop a €200m holiday village in Co Longford that will create 1,000 jobs. The company said 750 jobs will be created in construction phase followed by up to 1,000 permanent jobs. The holiday village will be located at Newcastle Wood, five kilometres from Ballymahon, County Longford, and 21 kilometres from junction 9 (Athlone) of the M6 motorway.  Center Parcs has signed an option agreement with Coillte, which currently owns the 375 acre site. The new Center Parcs, which will have capacity for up to 2,500 guests, is expected to open in 2019, subject to receiving planning permission. Center Parcs said…

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Global gaming technology services provider Xanadu awarded Matchbook.com contract

Global gaming technology services provider Xanadu awarded Matchbook.com contract

Global gaming technology services provider Xanadu Consultancy has been awarded a multi-million euro contract to enhance Matchbook.com’s betting exchange platform. Global gaming technology services provider Xanadu awarded Matchbook.com contract Matchbook.com has engaged Xanadu to deliver a comprehensive re-architecture of the global sports trading platform to provide an even faster and more efficient trading exchange for users.   
 
 “Matchbook.com provides a market-leading sports trading experience for our users,” said Roibeard Long, spokesperson at Matchbook.com.“We want to future proof the trading platform so that as activity on the site scales due to the exchange’s popularity Matchbook.com can continue to provide a resilient and reliable exchange that has the capacity to transact thousands…

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Prometric to create 40 jobs in Dundalk with new DCU research partnership

Minister Richard Bruton with (from left) Prof Brian MacCraith, president, Dublin City University, Minister of State Gerald Nash, Michael Brannick, CEO, Prometric and Martin Shanahan, CEO, IDA Ireland

US-based testing company Prometric has entered into a three-year research partnership with Dublin City University (DCU) valued at around €1m which will create 40 new jobs in Dundalk, Co Louth. Supported by IDA Ireland, Prometric has invested more than €75m in Ireland over ten years of operation and this announcement means a further injection of more than €3.5m to expand its Co Louth presence and partner with DCU. In Dundalk, Prometric’s 40 new jobs will add finance and customer service functions to its test development, technology, operations and human resources teams already there. When all hiring is complete, the company expects to have 168 employees in Ireland, 147 of which…

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