GeoDirectory records 25% fall in new buildings in first half of 2013

Key Highlights:
  • 4,220 new buildings recorded by GeoDirectory in the first half of 2013 bringing the total number of buildings in the Republic to 1,894,937.
  • 9.5% of new are buildings identified as vacant.
  • Cavan recorded the largest decrease in new buildings, with a year on year decrease of 91%.
  • Cork recorded the most new buildings with 829 additions.

 

14 August, 2013: The total number of new residential and commercial buildings recorded across the country in the first six months of 2013 was 4,220 according to new figures released today by GeoDirectory.  The figures represent a continuing year on year decrease of 25% compared to the first six months of 2012, when 5,620 new buildings were added to the database.

The 4,220 new buildings identified across the country by GeoDirectory which consist of 3,606 residential buildings, 524 commercial buildings and 90 dual-purpose buildings with both residential and commercial components. Six counties; Dublin, Kerry, Louth, Meath, Waterford and Wexford have experienced an increase in new building additions for the first half of 2013.

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. 

The new data shows that 402 or 9.5% of this new commercial and residential stock are vacant.

The new additions for the first six months of 2013 bring the total number of buildings in the Republic of Ireland to 1,894,937.  

Sligo recorded the lowest number of new additions with just 12 additional properties.  Cavan recorded the largest year on year decrease of 91%, with just 14 residential and 2 commercial properties completed in the first six months of 2013. In contrast, the most new buildings were recorded in Cork where 829 residential and commercial properties were completed during the first half of the year.

Commenting on the figures, Dara Keogh, CEO, GeoDirectory said, “These new figures highlight the continuing decline in the construction of new buildings which has been decreasing year on year since 2007.

However, there are positive indicators in these findings. An increase in additional buildings on this time last year is recorded in six counties. Kerry stands out as a very strong example of growth recording an increase of 254% in additional properties on this time last year.

Furthermore, the new figures identified a vacancy rate in new buildings nationally of 9.5% which is a marked improvement on the 12% vacancy rate recorded in June 2012.”

 

A copy of the GeoDirectory national buildings release for first half of 2013 is avilable here in PDF format

GEODIRECTORY-Records-25-fall-in-New-Buildings-in-2013

 

Regional versions
Regional versions of this press release are available here. Each link opens a PDF.

Carlow six month building release July2013

Cavan six month building release July2013

Clare six month building release July2013

Cork six month building release July2013

Donegal six month building release July2013

Dublin six month building release July2013

Galway six month building release July2013

Kerry six month building release July2013

Kildare six month building release July2013

Kilkenny six month building release July2013

Laois six month building release July2013

Leitrim six month building release July2013

Limerick six month building release July 2013

Longford six month building release July2013

Louth six month building release July2013

Mayo six month building release July2013

Meath six month building release July2013

Monaghan six month building release July2013

Offaly six month building release July2013

Roscommon six month building release July2013

Sligo six month building release July2013

Tipperary six month building release July2013

Waterford six month building release July2013

Westmeath six month building release July2013

Wexford six month building release July2013

Wicklow six month building release July2013

 

 

ENDS

 

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:

 

Liam McHale

Wilson Hartnell Public Relations

Tel: +353 1 669 0152

Mob: +353 87 9140358

Email: liam.mchale@ogilvy.com