Avestus Capital Partners, the property development and management company set up by four former executives at financier Derek Quinlan’s building firm Quinlan Private, has raised €57 million for residential development.
The cash injection is understood to be earmarked for the development of three sites the firm is co-developing with CenterBridge Partners, a $25 billion private equity firm.
These include prime properties on the Scholarstown Road in Knocklyon, County Dublin.
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