Finance officials: Cairn should be building more homes

Briefing notes prepared for Paschal Donohoe show that department officials prepared a synopsis of the company's output which suggested that it should be building significantly more homes than it was, given the extent and quality of its land holdings

Department of Finance officials told Paschal Donohoe that the state’s largest housebuilder was underperforming in terms of housing output before a meeting between the minister and the company’s top executives last year.

Briefing notes prepared for Donohoe show that department officials prepared a synopsis of the output of Cairn Homes which suggested that it should be building significantly more homes than it was, given the extent and quality of its land holdings.

“Cairn ...