Budget measures aimed at rebooting apartment building should be the final piece needed to make “a majority” of planned schemes viable, the country’s largest home builder has said.
Michael Stanley, chief executive of Cairn Homes, said a suite of budget measures announced on Tuesday, together with new apartment construction guidelines unveiled during summer, are probably worth about €70,000-€80,000 per apartment.
“The budget measures, when considered in conjunction with the other measures [earlier this year], will make a very significant difference to apartment
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