Sean Mulryan | |
---|---|
Born | September 1954 (age 62) |
Residence | County Kildare, Ireland |
Occupation | Property developer |
Known for | founder, chairman and CEO, Ballymore Group |
Spouse(s) | Bernadine Mulryan |
Children | 5 |
Sean Mulryan (born September 1954) is an Irish property developer, and the founder and chairman and CEO of the Ballymore Group, a Dublin-based international property development company.
Sean Mulryan was born in September 1954, the son of John and Josephine Mulryan. He grew up in rural poverty in the village of Oran, near Castlerea, Co Roscommon, in the west of Ireland, in a farming family with seven children.
Mulryan left school at the age of 17, and trained as a bricklayer. Aged 19, he bought his first plot of land. At 26 he set up his own company and shortly afterwards founded Ballymore, which is now considered one Europe's biggest property developers.
Ballymore Group was founded in 1982 by Mulryan, then aged 28, who is the chairman. David Brophy is the group chief executive.
Ballymore has become one of the biggest providers of residential space in London. In 2017, it was reported that the previous year's profits at the UK arm of Ballymore had increased almost three fold to £154.9m (€217.6m).
Ballymore Group works on large-scale projects in London and across Europe, with a particular focus on urban regeneration.
In 2016, it was reported that Oran native Sean Mulryan launched the latest development in Dublin, which is a €700 million development in the docklands.
Several members of the Mulryan family have been involved in Ballymore. John Mulryan is a son of Sean Mulryan and the Managing Director of Ballymore UK, meanwhile, Sean’s brother Donal Mulryan used to work for Ballymore before starting his own development company, West Properties, which owns various developments in the UK, including Skyline Central, the tallest apartment complex in Manchester.
As of 2012, he is one of the richest men in Ireland. According to London's The Evening Standard, Mulryan owns more land in London than the Duke of Westminster.
On 16 February 2012, Wandsworth Council approved Ballymore Group's plans for the 15 acre development in Nine Elms. Embassy Gardens is set to provide "up to 1,982 new homes alongside shops, cafes, bars, restaurants, business space, a 100 bed hotel, a health centre, children's playgrounds and sports pitches". In 2014, it was reported that Mulryan had engaged Lazard and CBRE Group to raise about €2.5bn to fund the Embassy Gardens development.