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[lbo] 13/4/2010 21:58

house builder McInerney's annual report shows that managing director Barry O'Connor was paid just over €574,000 last year, almost unchanged from 2008

[lbo] 06/4/2010 20:17

Seán Quinn 'lost €200m' on McInerney




First-timers hit hardest as AIB ends low-rate deal



AIB has made it harder for first-time buyers to get a mortgage by withdrawing a number of discounted home loans aimed at new buyers, mortgage brokers claimed yesterday

[lbo] 30/3/2010 12:34

McInerney Irish landbank value halved

[lbo] 18/3/2010 20:50

a report by Dr David Duffy of the ESRI (Economic and Social Research Institute) predicted a fall in property prices of a further 10 per cent this year and 5 per cent in 2011 before eventually levelling out in 2012.

[lbo] 07/3/2010 21:07

Ireland set for zombie housing market

[lbo] 04/3/2010 21:53

House prices in Europe remain above long-term average; Further price declines likely in Spain, Ireland

[lbo] 22/2/2010 23:42

Not a single new home registered by Premier in January
Fears grow over housing market slowdown

[lbo] 15/2/2010 14:52

Bank of Scotland has sold its 50% interest in four residential housing developments sites in London to Galliford Try for just £4 after a massive write-down to "their current market values". Publicly-quoted Galliford already owned the other 50% stake in the ventures.

The write-downs highlight the drop in housing values in Britain and are likely to have implications for several Irish developers who have land in Britain, as well as for the publicly-quoted Irish property companies, McInerney and Abbey.

[lbo] 28/1/2010 19:29

House builder McInerney unable to pay debts after gloomy 2009

[lbo] 28/1/2010 01:01

HOUSE-BUILDER McInerney's bid to reach a deal with its banks over guarantees that it has broken is taking longer than the company originally predicted.

McInerney has been in breach of covenants – terms – of its loan agreements with two syndicates of banks since late November, and has been in talks with these institutions since mid-way through last year.

[lbo] 21/1/2010 23:50

Goodbody: Three years of housing supply exists

[lbo] 19/1/2010 21:38

Land values down 90pc from peak

[shroder] 21/9/2009 19:57

What happened to their results due on 31st Aug?

[lbo] 21/9/2009 10:53

Exporters suffer double whammy as sterling hits record low against euro



In a report on the companies likely to be most affected by the slide in sterling's value, Merrion identified Kingspan, Grafton, Greencore, Paddy Power, Abbey and McInerney as the companies likely to suffer most

[lbo] 07/9/2009 19:23

McInerney reveals negative net worth

[bongo bwana] 31/8/2009 09:51

What the F$%£ drove these to 25cent???????

[lbo] 31/8/2009 09:23

McInerney writes down land bank by E156m

Housebuilder McInerney has written down the value of its land bank by another 156m euro, on top of an earlier 110m euro writedown it took last year.

It has described its new move as "prudent", saying it does not foresee any immediate improvement in the property market.

[bargain betty] 31/8/2009 09:00

Doesn't make for pretty reading

[lbo] 24/7/2009 00:55

THE PRICES of houses at Druids Glen golf club estate in Co Wicklow have been cut from between 11 per cent and nearly 50 per cent in an effort to sell them.

The prices of homes on golf course developments around the country are falling: a month ago, a group of investors in Doonbeg, Co Clare, cut prices, as did owners of some properties at the K Club in Co Kildare. The discounts on some of the exclusive golf properties were up to 50 per cent. Internationally, golf club homes are struggling to find buyers.

McInerney Homes launched the development of townhouses and four and five-bedroom homes at Druids Glen in 2006 at prices starting from over €800,000 for townhouses. The 400-acre estate between Newtownmountkennedy and Kilcoole, Co Wicklow, has a five-star Marriott Hotel and spa and leisure centre as well as of course the former Irish Open championship golf course

[lbo] 25/6/2009 12:49

S and P: Irish house prices to fall 40pc



House prices in Ireland will have fallen by a massive 40pc by the end of next year, according to ratings agency, Standard and Poor's.

Hopes of a rebound in Ireland's depressed housing market took another knock today with Standard and Poor's saying that falling employment will outweigh rising affordability here for at least another 18 months.

House prices in Ireland will fall by 13pc in 2009, and a further 10pc in 2010, it said.

[lbo] 18/6/2009 12:25

FEWER than 2,000 new houses were registered in the first five months of this year compared with almost 8,000 in the same period last year, figures from the Construction Industry Federation (CIF) have shown

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