GeoDirectory records 2% increase in new buildings in 2012
- 12,541 new buildings recorded by GeoDirectory in 2012 bringing the total number of buildings in the Republic to 1,893,034
- 2% increase in new buildings additions compared to 2011 and 87% decrease compared to 2007
- Cork City and County recorded the largest number of new buildings (1,576) with Clare recording the smallest (2)
- Waterford recorded the largest decrease in new buildings, with a year on year decline of 42%
Wednesday, 23rd January, 2013: The total number of new residential and commercial buildings recorded across the country in of 2012 was 12,541 according to new figures released today by GeoDirectory. The figures represent a year on year increase of 2% compared to 2011, when 12,237 new buildings were added to the database, and a drop of 87% compared to the record high of 2007, when 96,000 new buildings were identified.
The 12,541 new buildings identified across the country by GeoDirectory consisted of 10,919 residential buildings, 1,245 commercial buildings and 375 dual-purpose buildings with both residential and commercial components. 14 counties; (Clare, Cork, Galway, Kerry, Kildare, Kilkenny, Leitrim, Louth, Meath, Monaghan, Offaly, Sligo, Tipperary and Wexford) were in line with the national trend, showing increases in new building additions compared to 2011. The largest increase of 39% was in Galway, where 626 new buildings were identified.
GeoDirectory was jointly established by An Post and Ordnance Survey Ireland (OSi) to create and manage Ireland’s only complete database of commercial and residential buildings. The figures are recorded through a combination of the An Post network of 5,600 delivery staff working with OSi.
Continuing the trend across 2012, the new data shows that 1,558 or 12% of this new commercial and residential stock are vacant. The data further indicates that 1,720 buildings across the country were under construction at the end of the year.
In addition, there was a 25% year on year decrease in commercial buildings additions, with 1,245 recorded in 2012 compared to the 2011 figure of 1,661.
Cork City and County recorded the largest number of additions for 2012, where 1,373 residential, 130 commercial and 40 dual-purpose buildings were completed during the year. In contrast, Clare recorded the lowest number of new additions with 2 buildings identified. Waterford recorded the largest year on year decrease of 42%, with 253 residential, 21 commercial and 15 dual-purpose properties completed in 2012, compared to figures in 2011 of 353, 105 and 12 respectively.
Commenting on the figures, Dara Keogh, CEO, GeoDirectory said, “The end of year figures for 2012 highlight a small increase in building activity. The figures for 2012 and 2011 indicate a bottoming out of the downward curve, and a levelling off of the decrease in building activity. This positive trend is supported by growth in new additions across fourteen counties, with Cork City and County recording the largest number of new buildings.
This contrasts with the figures recorded for commercial buildings, highlighting a year on year decline of 25% in this sector, sustaining a downward trend in the number of new additions over the last five years, from a peak of 4,458 in 2007 to 1,245 buildings identified in 2012.”
Regional versions of this press release are available here. Each link opens a PDF.
Notes to Editor:
Mr. Dara Keogh, CEO, GeoDirectory is available for interview.
Each of the 1.8 million building records contained in GeoDirectory includes an accurate standardised postal address; usage details for each building (commercial or residential); a unique 8-digit identity number or fingerprint; and x, y coordinates which accurately locate the centre point of each building to within one metre on the National Grid.
The GeoDirectory database is used by many different companies and organisations across a diverse range of applications. The Emergency Services use GeoDirectory for route optimisation when responding to 999 calls, saving valuable minutes and lives in time-critical situations. Similarly companies like Dominos Pizza use GeoDirectory for address location to ensure that delivery times are met. In the property sector, GeoDirectory is used by Daft.ie and the Property Registration Authority. In addition, utility companies, banking and insurance providers, and all local authorities use the database.
For further information or to view relevant case studies, Click Here.
For further information, please contact:
Wilson Hartnell Public Relations
Tel: +353 1 6690215
Mob: +353 87 6478542