Dublin's Cairn Homes mulls funding options

Cairn Homes is considering a range of funding options — including a further equity raise — in order to meet expansion opportunities.

On the back of the publication of its first set of annual results as a publicly-quoted company, the Dublin-based housebuilder yesterday said it was assessing strategic opportunities and considering funding options, such as additional debt financing, joint ventures and equity funding; in that regard.

No timeframe for additional funding announcements was given, however.