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 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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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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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 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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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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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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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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Finnair extends new Dublin-Helsinki route to year-round service

Finnair announced today that it is extending its new Dublin-Helsinki route into the winter season. The airline’s new service between the two cities started this morning. Last September, Finnair announced the route, which it said at the time would operate six days a week from 30 March until the end of October. The route is being served with 100-seat Embraer 190 aircraft operated on behalf of Finnair by Flybe Finland. Today, it said the service will operate three times a week from October to March. “We are delighted to see Finnair extend its new Dublin-Helsinki route into the winter season. “The fact that Finnair is extending the service so quickly…

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Ryanair launches winter 2015 schedule

Ryanair has launched its winter 2015 schedule, three months earlier than 2014, with what is said has more routes, additional flights and improved schedules. It celebrated the launch of by releasing 100,000 seats for sale across its European network, at prices from €19.99. “Ryanair is pleased to launch our biggest ever winter schedule, with more flights, routes and destinations, as we continue to grow Europe’s biggest route network,” said Ryanair’s chief marketing officer Kenny Jacobs. “As part of our Always Getting Better programme and Customer Charter, we have promised to release our schedules early and our customers can now plan and book their summer and winter 2015 holidays – all…

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