Patrick Durkan

13 results

CGI of Cherrywood, south Dublin. The undeveloped land bank is set to become a new town with 7,700 new homes

US private equity group Lone Star is lining up Dres Properties, a homebuilder incorporated late last year, to take on a prime 73-acre residential deve(...)

An artists impression of the  proposed town centre at Cherrywood in Dublin.

US private equity giant Lone Star has emerged as the leading bidder for 73 acres of development land that investment firms Hines and King Street Capit(...)

Global stock investors took fright in early October as the US Federal Reserve signalled a possible more aggressive path for rate hikes, sending US bond yields to eight-year highs. Photograph: Andrew Caballero-Reynolds/AFP/Getty Images

Stock-market Cassandras warning of impending danger were a brave species at the start of the year, as Wall Street indices hit fresh all-time highs on(...)

Two  home-builders have floated on the Irish Stock Exchange since the middle of 2015, Cairn Homes and Glenveagh Properties

Former senior AIB finance executive Myles O’Grady has been hired to beef up the management team of a house-builder being lined up for a €300 million-p(...)

The latest figures point to labour costs in the construction industry growing at an annual 5.4 per cent rate in the second quarter. Photograph: Chris Ratcliffe/Bloomberg

It’s a decade to the week since boom-time developers Bernard McNamara and Ray Grehan took desperate measures as the property market was in freefall. (...)

Davy will work alongside US investment bank JP Morgan on a Dublin and London stock market flotation of the business, sources say,  which will be led by Patrick Durkan of Durkan Residential. Photograph: Dara Mac Dónaill

US private equity giant Lone Star has hired stockbroking firm Davy to help with plans for an initial public offering (IPO) of a new Irish housebuilder(...)

Only 14,500 new dwellings were built last year – roughly half of estimated current annual demand. Photograph: Chris Ratcliffe/Bloomberg via Getty Images

With timing being everything in the property world, a move this week by Glenveagh Properties, which joined the stock market last year, to tap the mark(...)

Britain’s prime minister Theresa May on the BBC’s Andrew Marr Show: “I am not going to Brussels to compromise our national interest.” Photograph: BBC handout via Reuters

British prime minister Theresa May said US president Donald Trump had previously advised her to sue the European Union as part of her Brexit strategy,(...)

The Christian Brothers had proposed to sell seven acres of fields, used by Clonkeen College in Deansgrange for sports, for a reported €18 million. Photograph: Dave Meehan

A High Court action over plans by the Christian Brothers to sell part of a South Dublin secondary school’s playing grounds to builders for €18 million(...)

Clonkeen College, Deansgrange, Co Dublin.

The Christian Brothers have expressed their “enormous disappointment” at the decision of the board of management of Clonkeen College in south Dublin t(...)

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