Housebuilder Glenveagh says Ireland’s dysfunctional planning system is causing ‘gridlock’

Revenues at the company rose by 36 per cent last year, but it expects 2023 to be impacted by planning delays

Stephen Garvey, the chief executive of Glenveagh Properties. Picture: Fennell Photography

Glenveagh Properties, one of the largest housebuilders in the country, has said Ireland’s planning system is currently in a state of “gridlock”.

The company has now lowered the number of suburban homes it expects to build next year, which it said is a direct result of planning issues.

Publishing its full year trading statement today, the firm said it recorded revenues of €649 million in 2022, up 36 per cent compared to 2021.

It sold ...