The head of Cairn Homes, the country’s biggest residential property developer, has warned that large-scale apartment schemes with full planning permission aren’t being built and hinted strongly that Government support is needed to get them over the line.
More than 1,000 firms could go bust this year if the economic downturn worsens, racking up combined losses of €4bn, according to PwC’s latest insolvency barometer.
Dublin based rare disease treatment specialist Amryt has announced a sale to Italy’s Chiesi at a price more than double the Irish company’s closing stock price on Friday.
