Quintain’s new Irish subsidiary to develop 9,000 homes

Quintain has launched a subsidiary in Ireland which ultimately plans to deliver more than 9,000 homes around Dublin.

Quintain Ireland will oversee the development of 460 acres of land across Greater Dublin in Adamstown, Cherrywood, Clonburris and Portmarnock on sites owned by groups linked to US private equity firm Lone Star Funds.

Quintain, which last week announced its had appointed James Saunders as its new chief executive, replacing Angus Dodd, said the new Irish venture would initially have a staff of 12 which would likely grow to 25 next year.

Speaking about the new set-up, James Saunders said Quintain had been “actively looking at new opportunities to expand its business for some time”.

Saunders said the Irish operation would be led by Eddie Byrne and Michael Hynes, who had more than 40 years’ experience in the Irish and international property markets.

“When you mix this local expertise with Quintain’s track record in taking forward major mixed-use development schemes, I am confident we will turn these sites into exemplary new places,” he added.

Quintain is currently developing Wembley Park, the 82-acre regeneration scheme which will eventually deliver more than 5,000 homes by the late 2020s.