John Ronan (businessman)

Johnny Ronan
Born	John Ronan
Nationality	Irish
Occupation	Accountant, property developer

John "Johnny" Ronan is an Irish businessman and property developer. Ronan began his education at Castleknock College. He went on to train as a Chartered Accountant with PricewaterhouseCoopers and by his 20s was already involved in property deals with his father, who was also a developer.

Ronan teamed up with Richard Barret from Mayo to form Treasury Holdings in 1989. The company was one of the largest Irish commercial developers and known for landmark buildings on Dublin's skyline. Treasury Holdings' first serious development was the Treasury Building on Grand Canal Street on Dublin’s southside.

The duo became a formidable force, running more than 50 projects in development including the Spencer Dock development, phase 2 of Central Park in Leopardstown and the development of 2,000 homes and an 11-acre public park near Foxrock.

Among Treasury Holdings’ other high profile developments were the Google Headquarters, the Convention Centre Dublin, the Ritz Carlton and the award winning residential tower Altro Vetro.

The Convention Centre Dublin was Ireland’s first purpose built international conference centre. It was developed as a public private partnership between Spencer Dock Development Company Ltd and the Office of Public Works (OPW). It opened in September 2010 and has since hosted numerous events including the European People’s Party Congress in 2014, which was attended by 17 heads of state.

Real Estate Opportunities, majority owned by Treasury Holdings, was responsible for building and agreeing with the sale of the Montevetro office building on Barrow Street in Dublin to Google for €99.9m in cash. It was Dublin's tallest commercial office building at the time.

In November 2006, Real Estate Opportunities (in which Treasury Holdings had a 60% stake) purchased Battersea Power Station and the surrounding land for €532 million (£400 million). This was Treasury’s biggest single scheme and in 2012 it secured the largest planning permission ever granted in central London – approximately 8.5 million square feet of residential, office and retail space masterplanned by Uruguayan architect Rafael Viñoly. The scheme also includes an extension of the Northern Line Underground. On 30 November 2011, it was officially announced that the scheme’s lenders Lloyds Bank and Ireland’s National Asset Management Agency (NAMA) would put it into Administration. It was subsequently sold to a Malaysian consortium led by SP Setia, which had been in negotiations with Treasury Holdings prior to the Administration to buy the scheme. Setia hired the Treasury management team and have commenced building the Treasury scheme.

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