Company Watch

Cairn Homes in ‘unique position’ in undersupplied Irish market, say analysts

Fears around inflation have depressed valuations and the housing group’s share price ‘is not adequately reflected in its current valuation’

Michael Stanley, chief executive of Cairn Homes: figures from Cairn show that new home commencements fell by 19.8 per cent in the period from March to July this year, on the back of rising build cost inflation. Picture: Fergal Phillips