IRES picks new chief executive
Former Quintain Developments Ireland boss Eddie Byrne is to succeed Margaret Sweeney as chief executive of Irish Residential Properties REIT as the company works through a strategic review.
He will take up the new role as designate from 8 April, with formal succession taking place on 1 May. Sweeney announced plans to step down last October after more than six years in the role.
Byrne has more than 20 years’ experience at executive level in the real estate sector. Most recently, he was joint managing partner at Quintain Developments Ireland, where he co-established the Irish operation that achieved more than 5,000 planning permissions, built and sold some 1,500 rental and private homes, and raised a significant amount of growth capital.
Former Quintain Developments Ireland boss Eddie Byrne is to succeed Margaret Sweeney as chief executive of Irish Residential Properties REIT as the company works through a strategic review.
He will take up the new role as designate from 8 April, with formal succession taking place on 1 May. Sweeney announced plans to step down last October after more than six years in the role.
Byrne has more than 20 years’ experience at executive level in the real estate sector. Most recently, he was joint managing partner at Quintain Developments Ireland, where he co-established the Irish operation that achieved more than 5,000 planning permissions, built and sold some 1,500 rental and private homes, and raised a significant amount of growth capital.
Prior to that he was managing director at Hudson Advisors Ireland, where he oversaw several billion euros-worth of acquisitions and disposals of real estate assets in Ireland.
His other roles have included chief portfolio officer at Netherlands based Propertize, where he had responsibility for a large property portfolio across the Benelux countries, and working in real estate, banking, and capital markets in North America.
Byrne said: “The real estate sector is going through a period of unprecedented change, making this a very exciting time to be joining the business. I look forward to working with Hugh and the board in exploring value creation opportunities for shareholders as part of the strategic review.”
