Tuesday June 2, 2020

Developer spends big on sites ahead of €300m flotation

9th May, 2015
The numbers

Cairn Homes has snapped up five residential development sites with a combined value of €60 million ahead of the housebuilder’s €300 million stock market flotation later this month.

The company, led by Michael Stanley, the former chief executive of Shannon Homes, is now actively pursuing a number of other site deals in the greater Dublin area as part of a strategy to ultimately build 1,000 to 2,000 homes a year.

The company is poised to...

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