# Glenveagh Properties to remove shares from London Stock Exchange and keep Euronext Dublin quote

> Glenveagh Properties will remove its shares from the London Stock Exchange, consolidating trading on Euronext Dublin.

- Published: 2026-10-24T16:48:26+00:00
- Section: Divestitures
- Author: News Desk
- URL: https://newsforagent.com/news/2026-10-24/glenveagh-properties-london-delisting
- Source: [Yahoo](https://finance.yahoo.com/markets/stocks/articles/investors-may-respond-glenveagh-properties-151329264.html)

## Key takeaways

- Glenveagh Properties will remove its shares from the London Stock Exchange and keep its primary quote on Euronext Dublin.
- The company cited low trading volumes and the extra cost, regulatory work and administration tied to maintaining the dual listing.
- Glenveagh Properties' analyst narrative points to forecast revenue of about €1.2 billion and consensus earnings of €128.0 million by 2029.

Glenveagh Properties will remove its shares from the [London Stock Exchange](https://akta.pro/company-profiles/0002y6t/london-stock-exchange) and keep its primary quote on [Euronext](https://akta.pro/company-profiles/0000e4t/euronext) Dublin, after a review cited low trading volumes and the extra cost, regulatory work and administration tied to maintaining the dual listing, [Yahoo](https://finance.yahoo.com/markets/stocks/articles/investors-may-respond-glenveagh-properties-151329264.html) reported on October 24, 2026. The company said the move concentrates trading in a single venue.

## Glenveagh Properties' London Delisting

[Glenveagh Properties](https://akta.pro/company-profiles/000b2se/glenveagh-properties) is an Irish homebuilder operating through Homebuilding and Partnerships segments, delivering A-rated starter, mid-size and executive homes primarily across Dublin, the Greater Dublin Area and Cork, according to akta.pro [company records](https://akta.pro/company-data). The company serves first-time buyers via government schemes and state and local authority partners, supported by vertical timber frame manufacturing and a 19,000-unit landbank.

The delisting concentrates liquidity on Euronext Dublin, which the company said can simplify corporate overheads and sharpen management focus on the Irish housing market, where its operations and investor base are most aligned. The company said the London delisting does not change its core drivers, which remain policy support for housing, absorption of units in a higher rate world, and execution on Partnerships sites and NUA.

The London Stock Exchange's Private Securities Market staged its latest auction on October 7, 2026, with workplace compliance group Veremark selling shares worth 6.5 million pounds ($8.6 million), Wsj reported. The auction aims to demonstrate the utility of the new secondary market.

## Glenveagh Properties' Funding and Output Figures

Glenveagh Properties refinanced and expanded its debt facilities to €550 million in total committed funding in May 2026, up from €450 million, according to akta.pro funding records. The syndicated revolving credit facility came from AIB, Bank of Ireland, Barclays and ING, with continued HBFI support and a new €100 million seven-year private placement from MetLife Investment Management.

The same records show the company guided to expanded production capacity of approximately 3,600 units by 2028 from the existing landbank, alongside FY2026 guidance of about 2,750 units and 21 cent EPS. Glenveagh Properties has two funding rounds on record.

## Glenveagh Properties' Earlier 2026 Moves

In August 2026, Glenveagh published its inaugural Homebuilding Horizons report, recommending stricter penalties on land hoarders, including an escalating Residential Zoned Land Tax and the long-planned Land Value Sharing scheme capturing 25 per cent of rezoning uplift, The Irish Times reported.

In May 2026, Glenveagh provided an optimistic trading update, citing a forward order book of EUR1.5 billion and 1,828 units sold or reserved, MarketScreener reported. The company said it expects to deliver 2,750 units in 2025, has refinanced debt to EUR550 million, and plans EUR45 million in land sales in 2026.

## Companies in this story

- [Glenveagh Properties company profile](https://akta.pro/company-profiles/000b2se/glenveagh-properties) · website: http://www.glenveagh.ie
- [London Stock Exchange company profile](https://akta.pro/company-profiles/0002y6t/london-stock-exchange) · website: http://www.londonstockexchange.com
- [Euronext company profile](https://akta.pro/company-profiles/0000e4t/euronext) · website: https://www.euronext.com/en

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