Glenveagh cuts number of homes it plans to deliver due to planning delays

One of Ireland's biggest homebuilders criticises "dysfunctional planning policy"

Glenveagh said it is awaiting planning decisions on 20% of the homes it planned to deliver this year. Picture: Dan Linehan

Housebuilder Glenveagh has revised down the number of suburban housing units it expects to deliver this year citing a "dysfunctional planning policy" as it awaits permission for 20% of the homes it plans to build.

In a trading update, one of Ireland's largest builders said they completed 1,354 suburban units in 2022, up 50% on the 902 units closed in 2021 and 90% ahead of the 712 suburban units closed in 2019