Monday 19 February 2018

Greencore boss Coveney selling €1.3m Victorian home in Dublin

Timing is everything. Former Munster under-age rugby player turned Greencore chief executive boss Patrick Coveney could have his spot on.

Shares in Greencore have trebled over the last three years as Coveney refocused the sandwich group. But Coveney could be about to make a killing on the property market.

He's just put his chi- chi Dublin 6 Victorian home on the market, seeking €1.3m with Sherry FitzGerald. It couldn't really be anyone else could it? Sherry Fitz is like the property arm of Fine Gael, and Patrick's brother is Fine Gael Agriculture Minister Simon Coveney.

The stylish Rathmines gaff – six bedrooms over four levels – was bought in 2004 and includes a slick extension designed by De Blacam and Meagher. There's also a home gym.

Given that Greencore has shifted its main listing from Ireland to the UK, the sale of the Coveney house was likely to set tongues wagging.

"I am not leaving Ireland at all – nor are there any head office moves planned at Greencore. The family and I are simply moving house within the same general Dublin area," Coveney told me last week. The Greencore chief is the latest corporate titan to put his home on the market with Ardagh's Niall Wall and Capital's Liam O'Dwyer all posting 'for sale' signs recently.

Sunday Indo Business

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