Vernon's way: Saddle up for a boomy ride

Stephen Vernon of Green Reit doesn't believe in soft landings, but the property investor reckons we're now in for a long development boom.

Stephen Vernon, chairman of Green Reit: I think the first stage of the property recovery is largely complete' Picture: Feargal Ward

One of the most respected figures in Irish property has predicted a long period of development boom as the market recovery continues.

Stephen Vernon, who has made millions for shareholders through property fund investment, was one of the speakers at The Sunday Business Post’s Property Summit on Tuesday, and sat down for a further chat afterwards.

He also thinks developers such as Johnny Ronan and Joe O’Reilly should be supported in getting going ...