Lone Star back in race for Kavanagh land holdings
New Generation Homes launched sale of a massive landbank in Dublin in the spring.
Lone Star, the US private equity giant, has re-entered the bidding for lands being sold by developer Greg Kavanagh.
Kavanagh’s New Generation Homes launched Project Firefly, the sale of a massive landbank in Dublin and the commuter counties, in the spring.
However, a number of potential buyers dropped out.
Lone Star was one of the first bidders to pull back, alongside Cork developer Michael O’Flynn and builder Cairn Homes.
Eventually, the strongest bid ...
