Operation Transformation: How the right policy can set urban development free
Among developers, Sean Mulryan’s Ballymore group is one of the heavyweights, particularly across the water in London. In this interview, managing director John Mulryan describes the challenges and opportunities the sector poses at present
It was a double first for the Ballymore Group recently when, within the space of two days, it agreed deals worth almost €380 million for three of the five blocks under construction at the developer’s waterfront regeneration project, Dublin Landings, on North Wall Quay.
Last November, South Korean Reit JR AMC paid €106.5 million for No 2 The Landings, while German institutional investor Triuva acquired the first block for €164 million.
Not bad for a “speculative project” which...
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