The Irish Times Business Person of the Month: Stephen Garvey, Glenveagh
Irish housebuilder posted strong full year results and said its target output for this year of 2,487 units was fully approved
Glenveagh
Glenveagh sells 337 apartments in Cork for €150m
Sale follows the granting of planning permission at the site for an additional 176 units, bringing the total to 1,178
Dublin City Council needs €132.5m loan for St Michael’s estate cost-rental scheme
Construction of council’s first ‘direct build’ cost-rental project, in Inchicore, will run to €450,500 per apartment
Markets react positively to UK and US inflation data
Iseq closes slightly up with food companies rising
Global markets finish slightly higher as sterling continues to slump
Iseq bucks trend and finishes the day down
Global markets retreat in bond sell-off and dollar rise
Persistent inflationary pressures also a cause for concern
Non-compliant construction work discovered at Dublin affordable housing scheme
Some work on the homes at Oscar Traynor Woods in Coolock may have to be paused for investigation
Stocks get tech lift as Nvidia jumps toward record
Hopes rise that Trump tariffs may be lighter than feared
Global markets quiet at start of Christmas festivities
Mixed day for Irish banks as Ryanair slips slightly
Europe worries as Wall Street pushes ahead on benign inflation data
Indices in Europe end last full trading week with losses as Washington again battles to stop government shutdown
Markets nudge upwards ahead of Fed rate cut announcement
On Iseq Dalata shares rise as do those of housebuilder Glenveagh
Muted day on Irish markets following ECB interest rate cut
More cuts on the way while Bundesbank warns region’s largest economy will barely grow next year
European markets flatline as ECB cuts interest rates
Megacap and growth stocks mixed - Nvidia down 1.7% while Microsoft gained 1.4%
Glenveagh settles alleged ‘shakedown’ case against Co Meath planning objectors
Pat Lynch and Denise Leavy denied the developer’s claims against them
Louth councillors vote to dezone residential land earmarked for hundreds of new homes near Dundalk
Vote by councillors from Fine Gael, Fianna Fáil, the Greens and Sinn Féin will block plans by housebuilder Glenveagh to construct 500 homes near a town designated a regional growth centre
Global markets fall on rate cut comment from Fed chairman
Iseq follows peers as food sector heavy hitters retreat
Markets sluggish as Boeing posts $6 billion loss
Irish food groups retreat while Dalata finishes flat
Dublin market underperforms European peers after volatile week
Homebuilders rise but banks have mixed day
European markets falter following upbeat US inflation data
Iseq down 0.96% while Stoxx Europe 600 Index ended session 0.2% lower
Markets mixed as geopolitical tensions grow
Oil spikes amid fears Israel may strike Iranian refining infrastructure
Global stocks mark time as Flutter announces share buyback
AIB and Bank of Ireland slide slightly as Kingspan edges higher
Stephen Garvey splashes the cash on his own company
Glenveagh boss’s recent 550,000 shares were purchased over the last two years for about €630,000. They are now worth nearly €800,000
Glenveagh the standout performer on Irish market in volatile day for European stocks
US employment numbers due on Friday
Glenveagh says construction sector needs more diverse workforce to tackle housing crisis
Industry has not been seen in the past as one that promotes diversity and inclusion, chief executive Stephen Garvey said
Markets hit a wall amid fears of US economic slowdown
Financials and tech stocks worst hit as indices show a sea of red
Oscar Traynor affordable house sales open in Dublin with prices from €254,358
State-subsidised scheme will see Coolock house prices starting at €254,358
Glenveagh’s planned Howth apartment scheme encounters strong opposition from local residents
Slew of objections from local residents and groups to plan for 135-unit apartment scheme
Eagle Street picked as preferred bidder for the Square in Tallaght
Value of offer is unknown but follows previous negotiations for potential sale at knock-down price of about €125m
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