Dublin, Ireland – 7th October, 2024 – Quintain Ireland, the country’s largest privately-owned residential developer, has today announced the appointment of Niall O’Buachalla as its new Chief Financial Officer (CFO).
Mr. O’Buachalla has over 23 years of experience in real estate finance, covering both the residential and commercial sectors and across various ownership structures including privately-owned, listed, private equity, and family-owned organisations.
Mr. O’Buachalla joins Quintain from McGarrell Reilly Group, the family-owned property company, where he served as CFO. He was previously CFO of Green REIT plc from 2014 to 2019. The company owned a €1.6 billion commercial real estate portfolio and was acquired by private equity real estate firm Henderson Park in late 2019. Following the sale Mr. O’Buachalla joined Henderson Park and remained there until 2021 when he joined McGarrell Reilly Group.
Mr O’Buachalla began his career with Arthur Andersen in Dublin and also held CFO roles with Treasury Holdings and Burlington Real Estate. He holds a Bachelor of Commerce degree from University College Dublin and is a Fellow of the Institute of Chartered Accountants in Ireland.
He will assume his role as CFO effective immediately and will be based at Quintain’s Dublin office. He joins Quintain at a key moment as the company recently secured new investment from TPG Real Estate, the dedicated real estate platform of global alternative asset management firm TPG.
The partnership between TPG and Quintain management provides Quintain with the additional capital and resources it requires to support the next stage of the company’s growth as it seeks to accelerate and expand its housing delivery.
Speaking about his appointment, Mr. O’Buachalla said: “I am delighted to join Quintain at such an exciting time in its growth journey. I look forward to contributing to the company’s continued success and working closely with Michael and the team to deliver on our ambitious development goals. With a strong pipeline and strategic focus on high-quality residential projects, Quintain is well-positioned to help address the critical housing need in Ireland and deliver sustainable and well-served communities.”
Michael Hynes, Chief Executive of Quintain, said: “We are thrilled to have Niall join our executive team. His financial expertise, industry experience and strategic insight will be invaluable as we continue to deliver high-quality developments and seek to double our housing output to 1,500 units a year. With TPG’s support and investment, we are determined to increase our delivery rate and explore further land acquisitions. Niall will play a key role in ensuring we are well-placed to achieve our ambitious plans.”
ENDS