Dublin-listed Glenveagh Properties is “well positioned” to deliver about 2,750 units this year, the group said in a trading update on Friday.
The company, which is led by Stephen Garvey, said its closed and forward order book stands at €1.5 billion across both its homebuilding and partnerships segments, up from €1.3 billion on March 10th, “providing strong visibility for the remainder of the year and into 2027”.
The company’s homebuilding segment is principally focused on delivering “own-door single-family focused developments”, with a particular emphasis on Dublin, the Greater Dublin Area, and Cork.
The group’s partnerships segment focuses on the delivery of a mix of suburban single-family focused and urban multi-family focused developments. The firm generates the majority of its revenue from the homebuilding segment.
It said its homebuilding segment is operating “in line with expectations”, with five additional sites launched and seven further phases selling across existing developments.
