NI construction decline eases and workload expectations improve

RICS & Tughans NI Construction & Infrastructure Monitor Q4 2020 Public housing and infrastructure workloads rise but private sector house building flat Aggregate workloads expected to increase further over the course of 2021 Rising constructions costs seen as a challenge for profitability   Workloads in Northern Ireland construction fell at a reduced rate at the... ...

Tughans tops the Northern Ireland deal league for sixth year.

Tughans has been named Northern Ireland’s most active commercial law firm, as it topped  the Experian M&A and Real Estate Advisor League Table for an impressive sixth year in a row. The Belfast-based firm advised on an outstanding 49 deals during 2020. The Tughans’ transactional teams have acted on a wide spectrum of deals involving... ...

Digital DNA 2020: Getting Back to the Future

Digital DNA 2020 is ‘Getting Back to the Future’ and going virtual this year, taking place online on Tuesday 10 November and Wednesday 11 November. As sponsors of upStart*, Tughans have two events planned, featuring terrific line ups of key figures in the NI Tech sector:   How the NI Tech Sector is Adapting to... ...

Workloads fall but NI surveyors less pessimistic for 12-months ahead

RICS & Tughans NI Construction & Infrastructure Market Survey, Q3, 2020   Construction workloads fall but at a reduced rate compared to the previous quarter; 12-month outlook less pessimistic than in Q2   Northern Ireland construction activity has fallen for another quarter as the sector grapples with the economic effects of the COVID-19 pandemic, according... ...

Tughans to take part in Will Aid campaign

Tughans is delighted to announce that it will be taking part in this year’s Will Aid campaign.   Millions of people in the UK do not currently have a Will and Will Aid is an opportunity for people to put that right whilst raising vital funds for charities benefitting some of the world’s most vulnerable... ...

Supply chain issues affected some construction works

RICS & Tughans NI Construction & Infrastructure Market Survey, Q2, 2020 The Q2 2020 RICS & Tughans Construction and Infrastructure market survey results predictably show a contraction in output in Northern Ireland, as workloads decline across all sectors. Anecdotal commentary from respondents also suggests that issues such as difficulties in acquiring materials through the supply... ...

Tughans tops the Northern Ireland deal league in the first six months of 2020

Tughans leads the field in the volume of corporate deals struck in Northern Ireland during the first half of 2020, the latest report from Experian Market IQ shows.   In a fast-changing financial landscape private equity funded half of all Northern Ireland transactions compared with just 22% of deals during the same period last year... ...

Manufacturing Survey Reveals Extent of Economic Emergency Facing NI Firms

The latest Tughans/Manufacturing NI survey conducted among 130 businesses across the north this month (July 2020) reveals the extent to which Covid 19 has impacted on Northern Ireland’s private sector. The pandemic has created an economic emergency which will require state interventions in the long term, according to Stephen Kelly, CEO of Manufacturing NI.  ... ...

Tughans Expands Corporate, Real Estate and Energy Teams

Tughans law firm has expanded its corporate, real estate and energy teams in a move that reflects confidence across these sectors in Northern Ireland and Great Britain.   Patrick Brown, Managing Partner, says “We have seen continued confidence in the real estate, energy and infrastructure sectors. In addition, activity is strong in corporate restructuring and... ...

Tughans team concludes BGF’s Decora £10m Investment

A cross-specialism team of Tughans lawyers has successfully concluded a £10m investment by its client BGF in Lisburn-based Decora. Decora produces a range of standardised and bespoke products including blinds and shutters and employs more than 1,000 staff. The Tughans team led by Corporate team members John McGuckian and Paul O’Brien together with Cassie McCormick... ...