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Huge demand at auction for homes close to Galway city

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Dalysfort Road, Salthill: €405,000.

A “phenomenal” demand for properties in established parts of Galway City was a key feature of an all-day auction which generated €5 million worth of sales at the weekend.

Auctioneer Colm O’Donnellan said it was clear there was a huge demand for family homes and properties in both Galway city centre and the west side of the city during the event which attracted a large crowd.

Although demand was more sluggish for homes in rural areas in the morning, interest really picked up when O’Donnellan & Joyce focused exclusively on properties in the city in the afternoon – generating €4.3m in sales.

One house on Shantalla Road, St Rita’s, achieved almost double its reserve price when the hammer fell at €260,000 after opening at €135,000. Two properties in the Claddagh were sold for €120,000 more than their AMV (Advised Minimum Value), while a three bedroomed bungalow at Lower Fairhill Road, also Claddagh, reached €365,000 from an AMV of €200,000.

And a three bedroomed semi-detached house overlooking the canal, which is in need of some refurbishment, reached €335,000 from an AMV of €220,000.

Mr O’Donnellan told Tribune Property: “It was clear that people were very keen to buy in or near the city centre, rather than in isolated rural areas.

“Locations such as Newcastle, close to NUI Galway and University Hospital Galway, were keenly sought, as were areas such as the Claddagh and along by the canal, all of which are within walking distance of Galway city centre. Salthill remains one of the most popular addresses for family homes.”

A four bedroomed terraced home at Dalysfort Road sold for €405,000, from an original minimum value of €330,000, while a semi-detached in Lower Salthill reached €395,000.

“Some family homes reached on average €120,000 beyond their AMV price such was the desire for the property and the address. There’s a continued confidence in Galway’s property market which further highlights the shortage of quality family homes in desirable locations across Galway city,” said Mr O’Donnellan.

For more, read this week’s Galway City Tribune.

Connacht Tribune

New course helps make sense of Artificial Intelligence and its uses

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Managers in Galway companies who would like to learn how they could put artificial intelligence (AI) to work for their organisations are being encouraged to sign up for a new course.

It comes as research found that 50% of organisations around the world have adopted AI in at least one function, while 79% of organisations are also exploring or piloting AI projects.

Of those companies who have implemented AI, 63% report revenue increases in the relevant business units.

The new Artificial Intelligence for Managers postgraduate certificate is being offered by NUI Galway to those who wish to get a better understanding of AI and its implications for business and enterprises.

Participants do not need to have any coding skills; this non-technical programme will focus instead on the strategic use of AI and how businesses and management can approach the practical implementation of AI technologies within their company. Candidates will learn about the practicalities necessary for successful AI adoption including data and skills requirements, ethics and legal issues. As such the programme would suit those in management positions in sectors like telecommunications, manufacturing, pharmaceutical, biomedical, finance, marketing, automotive and more.

For more, read this week’s Connacht Tribune.

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Connacht Tribune

GMIT hotel industry’s big cheese

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Cáit Noone

The Galway International Hotel School in GMIT has been listed in the Top 10 Hospitality Management Institutes worldwide by global publication Education.com, for the second year in a row.

During the pandemic, the school continued to deliver courses safely on campus and online including a brand-new series of online masterclasses by industry representatives such as Conor Spacey, Culinary Director of Food Space, alumna Catherine Toolan, Managing Director of Guinness Storehouse, Diarmuid Kelly of Kelly’s Oysters, Siobhan Ni Ghairbith, St Tola Cheese, Bernie Doherty, Galway County Council Community Archaeologist, Padraig McGillicuddy, MD and owner of Ballygarry House, Tom Doherty, Access Hospitality and many more.

Cáit Noone, Head of the school, said: “The tourism industry is a global employer and a qualification from the Galway International Hotel School provides graduates with multiple opportunities to work across the vast industry.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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Connacht Tribune

Glenamaddy site goes green

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Green initiative…Peter Flanagan, Site Manager and John McDermott, Procurement Manager at Kingspan.

Kingspan Water & Energy in Glenamaddy is the first manufacturing plant within Kingspan’s global network of 166 manufacturing sites to have its manufacturing process completely powered by renewable energy, following the installation of BioLPG.

Following the July installation of BioLPG, the Glenamaddy site is now 100% powered by renewable energy, closely followed by Kingspan’s manufacturing plant in Aston Clinton, England, which has also reached this milestone.

The move to renewable energy has been a gradual transition over the past five years, following the introduction of renewable electricity to Kingspan Glenamaddy in 2016.

This accomplishment is aligned to the Group’s ground-breaking Planet Passionate sustainability objectives and helps Kingspan to move closer to its ambitious goal of achieving net zero carbon manufacturing* across the business by 2030.

Kingspan Glenamaddy manufactures storage solutions for numerous sectors including agri, water, domestic as well as specialist custom tanks as part of Kingspan’s Water & Energy Division.

“Over the past five years, the introduction of renewable electricity to our Glenamaddy site has delivered a significant reduction in our carbon emissions,” said Peter Flanagan, Site Manager at Kingspan Water & Energy in Glenamaddy.

For more, read this week’s Connacht Tribune.

Connacht Tribune Digital Edition App

Download the Connacht Tribune Digital Edition App to access to Galway’s best-selling newspaper.

Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

Or purchase the Digital Edition for PC, Mac or Laptop from Pagesuite  HERE.

Get the Connacht Tribune Live app
The Connacht Tribune Live app is the home of everything that is happening in Galway City and county. It’s completely FREE and features all the latest news, sport and information on what’s on in your area. Click HERE to download it for iPhone and iPad from Apple’s App Store, or HERE to get the Android Version from Google Play.

 

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