Barry J Whyte on Business

Building heavyweight Victoria Homes jumps ship on €50m fundraising bid

Barry J Whyte

Chief Feature Writer @whytebarry
19th November, 2017
Dermot Smurfit jr, founder of Irish gaming firm GAN Pic: Bryan Meade

It’s all change at Victoria Homes. Last summer it was revealed that the high-end housebuilder – where 38-year-old Kildare man Danny Whelan is controlling shareholder – had plans to raise a €50 million bond on the Copenhagen Nasdaq, with the money earmarked for its plans to build 4,000 houses around Dublin.

Given the ongoing housing crisis, such a vigorous campaign of building would have been very welcome – and to raise the funds in...

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