Business Today: warning on apartment maintenance, fiscal watchdog's caution and how to arrange your inheritance

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, leaving property owners facing serious financial risks, experts warn in a new report. Apartment owners contribute cash to special “sinking funds” to pay for maintenance and replacing services and structures in shared areas in individual blocks. However, the Society of Chartered Surveyors Ireland says that almost nine out of 10 apartment block managers claim they do not have enough cash to cover these costs. Barry O’Halloran has the story.

There was a 4 per cent dip in the number of job vacancies in the third quarter compared to the same period last year, a new report shows. Morgan McKinley’s latestemployment monitor outlines key trends in Ireland’s professional job market. It shows there was a drop of 2.1 per cent drop in job vacancies in the third quarter compared to the previous three months. Colin Gleeson has the story.

In Commercial Property, Fiona Reddan reports that builders and developers seeking a quality infill site in a mature location are likely to be interested, a period house that is coming to the market along with a substantial site of residential zoned land, while investors looking for a prime development site in Dublin city centre might be interested in the launc.

 

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