NIBuilder 34-4 Aug-Sept

NEWS

RICS Northern Ireland regional board has appointed Martin RICS APPOINTS NEW NI CHAIR

Doherty as its new Chair. Martin, a senior property

professional with Belfast City Council, said that one of his key goals in office will be to promote surveying as a profession in Northern Ireland, including the opportunities it can create and the critical role it plays. Taking over from Ulster University lecturer Sharon McClements, Martin said that while surveyors play a key role in shaping, enhancing and protecting Northern Ireland’s built environment, there currently aren’t enough of them, which has been a challenge for the industry over recent years. He said that inspiring the next generation is critical for the industry and the economy, and that more talented young surveyors coming through in the industry will help Northern Ireland deal with its infrastructure deficit, its housing shortage and its need to be more sustainable.

Pictured (L-R): Managing Director of Smith Concrete Jim Smith; Managing Director of Bradley NI, Garrett O’Hare and Director of Smith Concrete Niall Smith.

NEWRY CONCRETE BUSINESS GOES ON MARKET PRICED OVER £1.5M

Newry concrete maker, Smith Concrete, including its substantial site and production facility, has been put up for sale as a going concern with an asking price of over £1.5million. Based at Greenbank Industrial Estate, Smith Concrete is a highly-successful mini-mix concrete firm operating across the island of Ireland. It was established in 1984 by James Smith, a bricklayer who saw a market for the manufacture and supply of high-quality concrete products. Today it employs over 17 people. In addition to the successful trading

business, the sale includes the company’s 2.1 acre site, its 7,500sqft production facility, a concrete batching plant, a modular main office building, an admin facility building, machinery, equipment and vehicles. Jim Smith, Managing Director at Smith Concrete, commented, “We are proud of having grown the company to what it is today and believe the sale represents a fantastic opportunity for someone to acquirethe business, and take it to the next level.” The sale is being managed by Bradley NI property agency.

CO-OWNERSHIP NEW BUILDS ARE RATED B OR ABOVE SINCE 2022

4,000 are rated grade A, B or C – a positive outcome considering the average rating in Northern Ireland is D. Further analysis demonstrates that 89% of Co-Ownership’s new-build purchases since April 2022 are rated grade B or above, illustrating the impact recent changes in buildings regulations have had. Andrew Shott, Finance Director at Co- Ownership, said,

Co-Ownership has launched its Climate Change Strategic Response to take an active role in supporting Northern Ireland’s Climate Change Act 2022. A detailed analysis of its properties to capture Energy Performance Certificate (EPC) ratings and better understand the organisation’s carbon footprint found that of the 7,749 homes audited so far, over

“Research shows that property owners are aware of the urgency of climate change, but unclear on how to respond. We have to build a better understanding of our carbon footprint, and EPCs are a great indicator of potential improvements that can be carried out.”

A new-build Co-Ownership property.

Martin Doherty, Chair RICS NI.

www.nibuilder.co.uk

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