Developer offers solution to empty homes problem

SOLUTIONS to ghost estates and empty buildings: a developer’s perspective.

In his presentation yesterday to the Irish Planning Institute’s national conference in Tullamore, Co Offaly, Bill Nowlan, chief executive of independent property advisory WK Nowlan and Associates, said the number of developers who are “capable of writing a cheque are few and far between”.

He said the developer/supply chain model had collapsed, “most developers have gone bust” or were “holding on by the fingernails”.