Name

Richmond Homes

Legal name

Richmond Homes Ltd

Website

https://richmondhomes.ie

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

11–50 employees

Ownership category

akta.pro rank

Product category

Residential Real Estate Development

NAICS

New Housing For-Sale Builders (236117), Residential Building Construction (2361), New Multifamily Housing Construction (except For-Sale Builders) (236116)

SIC

General Bldg Contractors - Residential Bldgs (1520), Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential Land Development & Subdivision Homebuilding (Build-to-Sell Communities) (IMAFABAL)

akta.pro secondary industries

Multi-Family Residential Construction (Apartments, Condos, Townhomes) (IMAFABAB), Residential Green / High-Performance Home Construction (Net-Zero, Passive House) (IMAFABAH)

Keywords

• Residential property development
• Build to rent housing
• New home construction
• Apartment development Ireland
• Housing developer Dublin

Headquarters

HQ city

Dublin

HQ country

Ireland

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Operations, Supply Chain, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Residential Property Development (Build-to-Sell): Richmond Homes acquires development sites, obtains planning permission, constructs residential developments (houses and apartments), and sells individual units to homebuyers. Revenue is generated through one-time sale proceeds per unit. The company has sold out multiple schemes across Dublin and Co. Louth, including Dawson Place (25 units), Castle Vernon (25 units), Ashfield Place (16 units), Monterey (9 units), Belvoir (55 units), Oak Park (55 units), Bay View (all phases sold), and Mariners Way (phases 1-4 sold out).
2. Build-to-Rent (BTR) Development: Richmond Homes develops large-scale build-to-rent (BTR) schemes and either retains them for rental income or sells completed BTR portfolios to institutional investors. Sandyford Central (564 apartments across 6 blocks) was completed in 2023 and launched as two distinct BTR schemes: The Hudson and The Oslo, managed by the company's teams with tenants welcomed since July 2023.
3. Private Rented Sector (PRS) Scheme Development: Richmond Homes acquires large PRS sites (e.g., 3.8-acre Sandyford Business District site with 459 units, 51-hectare Baldoyle site with scope for 1,592 units) and develops them for the private rental market, either operating them as BTR or selling to institutional investors upon completion.

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels7 records

Core offering

Richmond Homes is a residential property developer that acquires land, obtains planning permission, and constructs new homes and apartments across the Greater Dublin area and Co. Louth. The company delivers both build-to-sell housing schemes (individual houses and apartments sold to homebuyers) and build-to-rent apartment developments (either retained and managed as rental properties or sold as portfolios to institutional investors), with all homes built to high A1-A3 Building Energy Rating standards.

Product overview

Richmond Homes is a residential real estate developer and one of the largest privately owned residential development firms in Ireland. The company operates as a single product line focused on residential property development, offering a portfolio of housing developments across the Greater Dublin area and selected regional locations. The portfolio includes traditional build-to-sell housing schemes (houses and apartments) and build-to-rent apartment developments. Key current and completed developments include: Mariners Way (Rush), Sandyford Central (Build to Rent), Bay View (Baldoyle), Eglinton Place (Donnybrook), Monterey (Sandymount), Roselawn (Foxrock), Belvoir (Stillorgan), Oak Park (Malahide), Bridgegate (Ardee), Castle Vernon (Clontarf), Dawson Place (Arbour Hill), and Ashfield Place (Templeogue). The company has delivered 3 million sq ft, €1.2bn Gross Development Value, and has 3,500 homes and apartments planned across 16 neighbourhood communities.

Differentiator

Problem solved

Functional benefit

Products and services

• Mariners Way A residential housing development in Rush, North Co. Dublin offering two, three and four bedroom A-rated family and first-time buyer homes with landscaped gardens and play areas.
• Sandyford Central (The Hudson and The Oslo) Landmark 564-apartment build-to-rent development across 6 blocks in Sandyford, Dublin, featuring communal amenity spaces including reception, gym, co-working areas, lounges, panoramic rooftop lounge, crèche and café. Managed by Richmond Homes' own rental teams.
• Bay View Coastal housing development of three and four bedroom A-rated homes in a parkland setting in Baldoyle, Dublin 13, with Dart access. All phases sold out.
• Eglinton Place A residential development in Donnybrook, Dublin 4 featuring 148 contemporary style apartments overlooking a landscaped garden, with quality bus corridor access and proximity to Luas. Coming 2024.
• Monterey

Quantifiable outcome

• All phases of Bay View, Oak Park, Mariners Way, Castle Vernon, Ashfield Place, Dawson Place, Monterey, and Belvoir sold out
• +5 more outcomes

Named customers5 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

19 partnerships are on record, tiered core, major and minor.

• John Paul ConstructioncoreStrategic or Co-development PartnerJohn Paul Construction serves as the main contractor for Sandyford Central (564 apartments across 6 blocks), one of Richmond Homes' flagship developments. John Paul Construction completed practical completion in September 2023, with structural works including the 17-storey Block D topping out. The contractor has been involved for over three and a half years on the project.
• ArkMount (Wholly Owned Subsidiary)coreStrategic or Co-development PartnerArkMount is a wholly owned subsidiary of Richmond Homes providing direct build capabilities. This gives Richmond Homes end-to-end control over the construction process for certain developments, differentiating it from pure developers that outsource construction entirely.
• ODAA O’Donoghue & Associates ArchitectsmajorStrategic or Co-development PartnerODAA (led by Darrell O'Donoghue, formerly partner at ODOS Architects) designed the nine-unit Monterey scheme in Sandymount. This was ODAA's first multi-unit scheme, featuring hand-moulded Marziale brick, champagne-coloured mortar, sedum green roofs, and triple-height light wells. The scheme achieved A1 BER ratings.
• Henry J Lyons ArchitectsmajorStrategic or Co-development PartnerHenry J Lyons Architects designed Bay View in Baldoyle, featuring contemporary timber-framed houses with a combination of brick and render facades, UPVC windows, and high-specification interiors. The scheme spans 546 houses and apartments with neighbourhood centre, parks, and community facilities.
• Comma ArchitectsmajorStrategic or Co-development PartnerComma Architects designed Bridgegate in Ardee, Co. Louth — a 144+ unit scheme across 68 acres on an elevated site south of Ardee town centre. The A3-rated homes feature white rendered facades with pale-brick detail, UPVC windows, and grey composite front doors.
• McCrossan O'Rourke Manning ArchitectsmajorStrategic or Co-development PartnerMcCrossan O'Rourke Manning designed Ashfield Place in Templeogue (16 properties), delivering a brick-and-render fronted streamlined, minimalistic look with A-rated energy performance.
• Keane KitchensminorOthersKeane Kitchens supplied fitted kitchens and bedroom wardrobes for Castle Vernon, Ashfield Place, and Bridgegate developments. Units feature quartz/silestone worktops, soft-close doors, under-cabinet lighting, and integrated appliances.
• Gallagher KitchensminorOthersGallagher Kitchens supplied kitchens and appliances for Bridgegate, Ardee, featuring contemporary fitted kitchens with quality cabinetry and appliances.
• McNally LivingminorOthersMcNally Living supplied customisable Leicht kitchens for Monterey, Sandymount, featuring island units, quartz countertops, and Miele appliances including warming drawer and full-height fridge/freezer.
• Denise O’Connor (Optimise Design)minorOthersDenise O'Connor of Optimise Design styled the showhouses for Ashfield Place and Bridgegate, creating habitable, understated interiors that showcase the properties' proportions and finishes.
• Róisín Lafferty (Kingston Lafferty)minorOthersRóisín Lafferty of Kingston Lafferty designed the Monterey showhouse, using colour theory to create discreet colour and texture. The showhouse features timber reeding, large-format tiles, and wet-room showers.
• DNG (Selling Agent)majorChannel Partner/ Reseller/ DistributorDNG (Douglas Newman Good) acted as selling agent for Ashfield Place, Templeogue. They managed viewings, pricing, and sales process for the 16-unit scheme.
• Knight Frank New HomesmajorChannel Partner/ Reseller/ DistributorKnight Frank New Homes served as the selling agent for Monterey, Dublin 4 (nine luxury homes from €1.695m to €1.995m). Knight Frank director Ray Palmer-Smith noted brisk demand with one in four interested parties being expats.
• SavillsmajorChannel Partner/ Reseller/ DistributorSavills acted as selling agent for Bay View, Baldoyle. Phase 3 (32 homes) sold out on its opening weekend with strong demand, and all phases are now sold out.
• Hooke & MacDonaldmajorChannel Partner/ Reseller/ DistributorHooke & MacDonald was appointed by Richmond Homes to carry out a targeted sales campaign for Belvoir Park (55-unit Stillorgan PRS scheme), aimed at institutional investors in the private rented sector. Six parties pursued the scheme, which sold for approximately €28 million.
• Na Dubh Ghall GAA ClubminorOthersRichmond Homes was a proud sponsor of Na Dubh Ghall (Baldoyle) GAA club, supporting local community sports participation.
• Donnybrook Lawn Tennis Club (LTC)minorOthersRichmond Homes sponsored the Donnybrook LTC Irish Close Championships, supporting local tennis in Dublin 4.
• St Maurs GAA ClubminorOthersRichmond Homes has partnered with St Maurs GAA in Rush, Co. Dublin, previously sponsoring mini leagues and providing training gear for the youth team.
• Naomh Mernog GAA ClubminorOthersRichmond Homes partnered with Naomh Mernog GAA club (Portmarnock) as part of its community engagement programme.

Scale indicators12 records

Recent moves7 records

Expansion highlights6 records

Emerging players

• Shannon Homes: Privately held Irish homebuilder delivering starter and family homes, with some A-rated schemes. Smaller scale than Richmond but comparable product, A-rated specification, and first-time buyer focus.

Direct peers

• Glenveagh Properties: Listed Irish homebuilder delivering starter homes, family housing, and apartments across Dublin and other urban centres. Comparable product mix, geographic footprint, and pipeline-led business model.
• Marlet Property Group: Privately held Dublin-based residential developer of apartments and houses in prime city locations (e.g., One Lime Street, Hanover Quay). Closest privately owned peer to Richmond's Dublin 4/inner-city infill strategy.
• Ballymore Group: Large-scale Irish/UK residential and mixed-use developer, with significant Dublin pipeline (e.g., Dublin Landings, Spencer Dock). Comparable for large inner-city and BTR schemes.
• Dwyer Nolan Developments: Privately owned Dublin residential developer (e.g., Beacon South Quarter, Park West) active in apartment-led and infill schemes. Comparable buyer mix and Dublin pipeline focus.
• Castlethorn Construction: Irish residential developer with a Dublin-and-commuter-belt focus, building both for-sale housing and apartments. Comparable scale and target market to Richmond's mid-market family schemes.
• Cairn Homes: Ireland's largest listed homebuilder, focused on new-build houses and apartments in the Greater Dublin Area. Most directly comparable peer to Richmond Homes by geography, product (for-sale residential), and target buyer (first-time buyers, trade-up families, BTR).
• Park Developments: Long-established Dublin homebuilder focused on premium houses and apartments in south Dublin. Overlaps with Richmond's premium Dublin 4 strategy (Monterey, Castle Vernon) and high-spec design language.
• McNamara Construction: Privately held Irish construction and development group active in residential schemes across Dublin and the midlands. Directly comparable in product type, integrated construction, and developer-builder model.

Regional players

• Lagan Homes: Largest homebuilder in Northern Ireland, with a growing Dublin presence (Lagan Homes BTR partnership). Comparable product, but primarily a different (Northern Ireland) market and only a partial geographic overlap.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks7 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/RichmondHomesLtd
• LinkedInlinkedin.com/company/richmond-homes-ltd-ireland
• Instagraminstagram.com/richmondhomesltd

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Richmond Homes