Problems with access to finance making construction projects ‘unviable’ - SCSI

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Report says industry will not hit Government’s retrofitting targets without more generous grant aid

The SCSI also argues that the Government’s retrofit targets will not be met unless more generous grant aid is forthcoming.

“Feedback from the survey indicates that the current retrofitting support grant is not sufficient to ease the cost involved,” said Sinead Lew, a partner in PwC’s Ireland Real Estate practice. “It also highlights that the gap between the cost to retrofit and the market value on completion can be challenging. More needs to be done to encourage a wider take-up of retrofitting.”

 

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