Quintain has established a subsidiary in Ireland with plans to develop more than 9,000 new homes and 600,000 sq ft of commercial space.
The newly incorporated business, Quintain Ireland, will be responsible for the residential development of more than 460 acres of prime assets in Ireland at Adamstown, which can accommodate around 5,000 homes, Clonburris (350 homes), Portmarnock (1,000 homes), and Cherrywood (3,000 homes).
All these sites are owned by affiliates of Lone Star Funds and will be managed directly by Quintain.
The business will launch with a 12-person team focused solely on Ireland, jointly led by Eddie Byrne and Michael Hynes. The Quintain team in Ireland is expected to grow to more than 25 next year.
James Saunders, chief executive of Quintain, said: “Quintain has been actively looking at new opportunities to expand its business for some time and I am therefore extremely proud to announce our expansion into Ireland… Alongside our Irish business, we remain focused on continuing to invest and build out our flagship Wembley Park development in London and have further appetite to secure more development opportunities in the UK and Ireland.”
To send feedback, e-mail anna.ward@egi.co.uk or tweet @annaroxelana or @estatesgazette
