Quintain Limited has established a subsidiary in Ireland with plans to develop more than 9,000 new homes and 600,000 sq. ft of commercial space. The newly incorporated business, known as Quintain Ireland, will be responsible for the residential development of over 460 acres of prime assets in Ireland at Adamstown, Clonburris, Portmarnock, and Cherrywood. All these sites are owned by affiliates of Lone Star Funds and will be managed directly by Quintain.
The business will launch with an experienced 12-person team focused solely on Ireland, jointly led by Eddie Byrne and Michael Hynes. The Quintain team in Ireland is expected to grow to over 25 next year and will manage a range of local construction partners. The Irish team will be fully integrated with the wider London-based team.
Quintain will be resourced to replicate in Ireland the parent company’s strong record of delivery in London. The existing Irish portfolio, covering over 460 acres, will make Quintain the third largest residential developer in the country. Adamstown can accommodate approximately 5,000 homes across 220 acres of land, with further land at the neighbouring Clonburris site, to build approximately 350 houses; the recently acquired Cherrywood site is 120 acres and has an expected capacity of 3,000 homes; and the 87 acres in Portmarnock has the potential for 1,000 homes. The company intends to utilise its extensive experience to deliver market leading developments on its existing portfolio with a strong appetite to expand its portfolio of future development projects.