Quinlan snaps up prime London site

QUINLAN PRIVATE, the investment vehicle run by former tax inspector Derek Quinlan, has once again snapped up another major part of London.

It was confirmed yesterday that Quinlan Private has bought 3.4 acres of prime land in Knightsbridge in central London for over €730 million. The land, known as The Estate, was bought from the British Petroleum pension fund and lies between the department stores of Harrods and Harvey Nichols.

It is understood that Mr Quinlan’s firm beat off stiff competition to buy the land, with bids from a Saudi billionaire prince and another Irish consortium.