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WELCOME TO THE IRISH HOMEBUILDING EQUITY FUND

Equity funding to grow and develop the residential housing market in Ireland.

  • €40 million + Total finance provided since establishment
  • 2,042 Houses to be built thanks to our funding
  • 700+ Units sold or under construction
  • 4 Years dedicated to delivering value for all stakeholders

View Pearl Residential Equity Fund Portfolio

A Leading Financial Equity Partner for Property Developers in Ireland

What We Do

We are committed to providing equity finance to property developers in Ireland. We offer equity investment for private, social, and residential developments across Ireland.

About Us

At Pearl, we offer equity investment to seasoned developers, facilitating large-scale housing delivery across Ireland’s most vibrant residential developments. We use our industry knowledge to work closely with proven developers to optimise project success for a positive social impact.

Our Team

A wealth of collective industry experience in property and financial markets, our management team has diverse experience on both the developer and funder sides of projects, providing nuanced insights and understanding the challenges of housing delivery.

A Portfolio of Housing Tenures Unlocked

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Miller’s Crest

Location: Laois

Developer: Quantum

Completion Date: March 2023

Number of properties: 138

Barnhill Place

Tobar Orain

Location: Galway

Developer: Centento

Completion Date: February 2022

Number of properties: 61

Barnhill Place

Struan Hill

Location: Wicklow

Developer: CPF

Completion Date: March 2021

Number of properties: 15

Barnhill Place

Experienced property & private equity investors.

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Chief Executive Officer

Ken McCullagh

Chief Executive Officer of Pearl Property Managers since 2019. Previously CEO of LNC Property Group from 2000 – 2019 with responsibility for all assets

Chief Executive Officer of Pearl Property Managers since 2019. Previously CEO of LNC Property Group from 2000 – 2019 with responsibility for all assets acquisitions and disposals. Built up £500m+ commercial real estate portfolio.

Retired in 2023 as Non-Exec Chairman of UK Commercial Property REIT, an authorised closed ended Guernsey registered investment trust listed on the LSE (market capitalisation c. £1Bn).

Member of Chartered Accountants Ireland. Formerly Partner in Farrell Grant Sparks Corporate Finance and Financial Controller with Gunne Estate Agents.

Principal

Martin Scully

Responsibility for a wide range of private equity investments across a range of sectors for Oyster Capital Partners.

Responsibility for a wide range of private equity investments across a range of sectors for Oyster Capital Partners.

Formerly Non-Exec Chairman of Advanced Environmental Systems (Ireland), Complete Telecoms and Dolmen Stockbrokers (now Cantor Fitzgerald).

Currently, he is Non-Executive Director of inter alia, GC Aesthetics, Titan HQ and Amarenco Solar.

Martin is a member of both Chartered Accountants Ireland and Irish Tax Institute. He was a former Partner and Head of Tax with Farrell Grant Sparks.

Financial Officer

Mary McCoy

Mary has over twenty years of experience in finance roles across a range of
industries including property investment, property management

Mary has over twenty years of experience in finance roles across a range of
industries including property investment, property management, IT, hospitality and industrial services

CFO of LNC Property Group and Oyster Capital since 2003 with responsibility for investment analysis, monitoring of investments, management of group finance teams, responsibility for group tax and financial reporting.

Formerly Group Director of Finance for SmartForce PLC, Mary is a qualified Chartered Accountant having trained with PWC and holds a B.Comm from UCD.

Chief Investment Officer

Rob Bloomer

Rob has been Chief Investment Officer since 2022 with over 25 years’ experience advising on major real estate developments, transactions, and finance as both a principal

Rob has been Chief Investment Officer since 2022 with over 25 years’ experience advising on major real estate developments, transactions, and finance as both a principal and trusted advisor in Ireland, the UK and EMEA Previously the Senior Development Manager with Hammerson plc in Dublin and Development Management Lead for Dundrum Town Centre and the wider Dundrum Estate. Rob has lived in Ireland since 2005 and worked as a partner with Cushman & Wakefield (London and EMEA), Head of Property Strategy at IBRC (Dublin) and Associate Director and valuation consultant with Savills Ireland.

Mr. Bloomer is a Chartered Valuation Surveyor (MRICS) with a Financial Planning Diploma (QFA).

Our Partners

Collaborating With Established Developers

Deploying Capital For Housing Across Ireland.