Cairn Homes appoints former IIP chief Pat Farrell as non-executive director – The Irish Times

Irish housebuilder Cairn Homes has appointed Pat Farrell to its board as a non-executive director.

Farrell, who will take up the role from October 1st, is the former chief executive of Irish Institutional Property (IIP), which represents institutional investors and includes Cairn among its members. He stepped back from that role earlier this year.

Before joining IIP, he was head of group communications and Government relations at Bank of Ireland, leading the bank’s external engagement and stakeholder strategy. He also previously served as chief executive of Banking & Payments Federation Ireland, the industry lobby group, and sat on the executive committee of the European Banking Federation.

The former Fianna Fáil general secretary and senator is also a non-executive director of estate agent group Sherry FitzGerald, and a strategic adviser to Kerry-based financial group Fexco.

Cairn’s chairman Bernard Byrne said the appointment of Farrell brought significant Irish real estate, banking and public policy expertise to Cairn.

[ Sherry FitzGerald appoints former IIP chief Pat Farrell to its boardOpens in new window ]

“Pat’s extensive experience navigating complex, regulated environments and engaging with Government and commercial stakeholders will be a significant addition as Cairn continues to scale, strengthening its position as the leading Irish home builder,” he said.

Listed on the Dublin stock market and led by co-founder Michael Stanley, Cairn is the biggest housebuilder in the country. Last month the company posted revenue of €450 million from the sale of 1,130 units, a near 60 per cent increase year-on-year.

“Our continued investment has enabled multiple new project commencements across the greater Dublin Area, Cork and Galway, and we are building high-quality, energy efficient new homes across 26 developments,” Stanley said at the time.

“Our closed and forward order book stands at 4,800 homes with a value of €1.8 billion, giving us confidence in our growth trajectory. Across 2026 and 2027, Cairn will deliver 6,000 new homes and continue to play a leading role in addressing Ireland’s housing deficit.”