Derek Quinlan

Derek Quinlan
Born
Derek Michael Quinlan

(1947-11-04) 4 November 1947 (age 76)
Dublin, Ireland
NationalityIrish
Occupation(s)Accountant and real estate investor, former tax inspector
Years active1989-present
Known forQuinlan Private

Derek M Quinlan (born 4 November 1947) is an Irish businessman prominent in the field of real estate investment and development. A former tax inspector at the Irish Revenue Commission, he formed investment syndicates with high-net-worth individuals to acquire investment properties across the world. His principal investment vehicle was Quinlan Private, a private equity firm with offices in Dublin, London and New York.

Quinlan's period of greatest prominence and success coincided with the peak of the global real estate bubble in 2004–2007.[1] In 2009, he resigned from Quinlan Private and moved to Switzerland on the advice of KPMG.[2] His loans have since been transferred to NAMA (National Asset Management Agency) and various assets have been sold, including artwork from his private collection.[3] In September, 2014, it was reported that he had reduced his debts by more than €3bn through a series of asset sales over the previous five years.[4]

In 2017 Quinlan returned to the European property market acting as an adviser for several deals, including one of the largest property bids in European history worth an estimated £5 bn.[5]

In November 2022 he declared himself bankrupt in the High Court in London.[6][7]

  1. ^ Hipwell, Deirdre (4 March 2005). "Quinlan private". Property Week. Retrieved 25 September 2010.
  2. ^ "'Hotel sale was massive success, I am working hard to repay my debt'". Irish Independent. 3 May 2015. Retrieved 28 January 2016.
  3. ^ "Nama sells more of Derek Quinlan's art – at massively reduced prices". Irish Times. 22 November 2013. Retrieved 28 January 2016.
  4. ^ "Derek Quinlan slashes debts by €3bn through major asset sales". Sunday Independent. 7 September 2014. Retrieved 9 September 2014.
  5. ^ "Well-known Celtic Tiger financier Quinlan eyes dramatic return to European property market - Independent.ie". Independent.ie. Retrieved 17 August 2017.
  6. ^ Cite error: The named reference Indie was invoked but never defined (see the help page).
  7. ^ Cite error: The named reference HertsAd was invoked but never defined (see the help page).