Former Quinlan executives raise €57m for houses scheme

The cash injection is understood to be earmarked for the development of three sites

12th February, 2017

Avestus Capital Partners, the property development and management company set up by four former executives at financier Derek Quinlan’s building firm Quinlan Private, has raised €57 million for residential development.

The cash injection is understood to be earmarked for the development of three sites the firm is co-developing with CenterBridge Partners, a $25 billion private equity firm.

These include prime properties on the Scholarstown Road in Knocklyon, County Dublin.

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