It is a well-worn phrase that when it comes to investments, timing is everything. Property development is no different. It is about good judgement; knowing the risks, the state of the market, the availability of finance, when to buy, when to sell. It is a skillset Citywest developer Davy Hickey Properties (DHP) prides itself on – anticipating market peaks and downturns. Take the 2008 economic crisis. Whether it was business acumen, luck, or a combination of the two, DHP came through the dark years bruised but unbroken having fortuitously shed a significant chunk of its portfolio on the precipice of…

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The revolt at Davy Hickey: Part 1 – How staggering success turned to mistrust

For decades, Citywest developer Davy Hickey delivered multi-million returns for its high-net investors. Now as it winds down, a shareholder war has broken out. In the first of a two-part series, we examine the history of the company and the genesis of the row.

30th Jun, 2021 - 20 min read

Francesca Comyn

Legal Editor

Read on for just €1

For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.

Read on for just €1

For a limited time, get your first month for €1 and unlock full access to The Currency and The Wall Street Journal – two premium memberships, one subscription.

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