Monday 21 September 2009

Pierse Contracting in High Court action against Gannon Homes

Pierse Contracting has lodged a High Court action against Gannon Homes, the property development firm owned by Gerry Gannon.

The case is one of four High Court cases lodged against Gannon Homes this year. Gannon has also had a High Court action taken against him personally by Barina Construction, the building and con­struction company owned by Niall and Michael Langan.

Gannon, who has been named as one of the Anglo golden circle, is one of the biggest landowners in Dublin, with large holdings around Swords and Malahide. He has made a submission to Fingal county council about the former Belcamp college lands that he bought for over €100m. He also made submissions about land at Carrickbrack Road in Howth, at St Margaret's in Co Dublin, a site at Lusk and two sites in Swords. He sold Pierse a site at Clongriffin near Baldoyle where he is developing Ireland's largest residential scheme. Last year Gannon bought a 17.5-acre site near Kinsale from a company linked to Pierse Construction, according to the Companies Office.

Sunday Tribune

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