Ballymore in the picture for UK property Oscars
Irish developer has exited Nama and is shortlisted in Property Awards 2017
Sean Mulryan, chairman and group chief executive of Ballymore Group Photograph: Alan Betson 06/10/2016 -- Sean Mulryan is Chairman and Group Chief Executive of Ballymore Group in front of a Model of the proposed development of Dublin Landings by Ballymore Group, which is situated along Dublins North Wall Quay. Developments rights for the 2.35 hectare site were secured by Oxley Docklands Quay Ltd. 1,000,000 sq ft mixed used development with 7000,000 st ft of Grada A office and retail space with 273 luxury residential apartments. Photograph: Alan Betson / The Irish Times
Irish property developer Ballymore has been on something of a a roll in the past number of months.
Last October, the company unveiled its plans for Dublin Landings, a €700 million mixed-use development in the north docklands area of the capital. It will be developed in partnership with Singapore’s Oxley Docklands Quay Ltd.
Just before Christmas, Ballymore’s founder Sean Mulryan proudly told staff that the company had exited Nama, having repaid some €3.2 billion in gross debt to the State agency since 2010. It was an achievement worth noting.
On Monday, the company was shortlisted by the respected UK publication Property Week in two categories at its annual industry awards. It’s like the Oscars for the property industry in the UK.
GongBattersea Power Station DevelopmentBritish LandWatkins Jones Group
It is also in the mix for the intriguingly titled Placemaking Award for its work on London City Island, a new neighbourhood in Canary Wharf. One of its rivals for that award is U+I, the UK property group with significant commercial interests in Dublin.
The winners will be announced at a bash in Grosvenor House in London on April 4th. Mulryan might want to get his dress suit pressed and clear his diary for the next day.