Glenveagh seeks €205m to fund Irish land acquisitions


Irish housebuilding firm Glenveagh Properties is seeking to raise €205m (£182m) in equity to fund further site acquisitions.

The company, which raised more than €550m from its IPO last October, has spent €400m since floating, said the new money would be used to buy new land and develop new and existing sites in Dublin, Cork, Limerick, and Galway. The company is planning to build 1,000 apartments on a 50-acre site in Cork’s docklands.

This is premium content

You must be logged in to view premium stories.

Gated access promo

Subscribe for full access

Take out a print and online or online only subscription and you will get immediate access to:

  • Breaking industry news as it happens
  • Expert analysis and comment from industry leaders
  • Unlimited access to all stories, including premium content
  • Full access to all our online archive

To get access to premium content subscribe today

Alternatively REGISTER for a free trial to access up to 4 articles and sign up for email alerts

If you are already a registered user or a subscriber you can SIGN IN now