The country’s largest privately owned residential developer, Quintain Ireland, has announced that it is rebranding to Evara.
The rebrand follows San Francisco-based TPG Real Estate’s acquisition of the homebuilder in August of last year.
The company said the name change “reflects a new impetus on the company’s mission to deliver high-quality homes in sustainable and vibrant communities.”
Additionally, the firm is aiming to reach an output target of 1,500 homes a year. The company has recently delivered 3,000 homes in key areas of Dublin including Adamstown, Portmarnock and Cherrywood.
It currently has land that can accommodate over 7,000 further homes, including land at the new Dublin suburb of Clonburris.
Michael Hynes, CEO of Evara said: “At Evara, our mission is to create new neighbourhoods where people can live in affordable high-quality homes, put down roots and prosper in thriving and welcoming communities.
“We focus on every detail to deliver well-served neighbourhoods of scale in desirable destinations, which cater for people and families of all sizes.
“Our new name and brand identity reflect our dedication to quality, our vision for well-served and sustainable communities and the company’s dedication to the delivery of neighbourhoods that stand the test of time.”
Evara is currently constructing 1,500 homes in Adamstown and is planning a further 1,300 in the Dublin 22 suburb.
In the recently completed first and second phases of the Adamstown Town Centre development, Evara built 463 apartments, a public plaza and retail facilities.
Phase three comprises 436 apartments, of which 392 affordable rental units are expected to be delivered to the LDA later this year.
Evara has been involved in the development of Adamstown
At Saint Marnock’s Bay in Portmarnock Evara is currently building 172 homes, has planning permission for a further 195 homes and is pre-planning an additional 300 homes.
Accounts for Quintain Developments Ireland Ltd show turnover grew to €14.6m in 2023 as the company made a loss of €1.9m, as compared to a €1.2m profit in 2022.
Photo: Michael Hynes. (Pic: Shane O’Neill/Coalesce)