Management Team

Our portfolio of properties are managed by our experienced investment manager, Green Property REIT Ventures

Led by Stephen Vernon and Pat Gunne, our management team is one of the most experienced real estate management teams in Ireland. They have a proven track record of creating value for shareholders through property assets in the UK and Ireland and a wide network of established relationships with commercial real estate lenders, REITs, property funds, planning authorities, tenants and private investors.

Key Strengths

  • Strong track record in all major commercial property sectors in Ireland and a network of established relationships
  • Access to major deal-flow in Ireland
  • Detailed knowledge of NAMA, domestic banks and major financial institutions, as well as private landlords
  • Analytical approach to investing to maximise returns and minimise risk
  • Excellent knowledge of many of the major occupiers across the office and retail sectors in the Dublin market
  • Extensive experience in asset management, refurbishment and development
  • Strong knowledge and experience with local, city and planning authorities for the greater Dublin area

In addition to providing the extensive experience of the Management Team in creating value for shareholders, Green Property REIT Ventures procures access to significant property, finance and corporate experience plus access to an existing asset management operation which include 40 full time property, financial and support staff.

About Green Property REIT Ventures

Stephen Vernon

Stephen Vernon

Non-Executive Director
Stephen Vernon is the chairman of Green Property and has held this role since 2002. Before then, he held the position of managing director of Green Property plc from 1993 to 2002. Up until 2002 Green Property plc was listed on the Irish Stock Exchange and the London Stock Exchange. Under Stephen’s stewardship, Green Property plc’s market capitalisation grew from approximately €24 million in 1993 to approximately €1 billion in 2002 when Stephen led a leveraged buyout of the company in an approximately €1.85 billion transaction. Stephen graduated from the College of Estate Management in 1972. After spending two years in general practice in the UK, he joined St. Quintin Chartered Surveyors, becoming an investment partner in 1981. He was appointed group managing partner in 1987. Stephen is a Fellow of the Royal Institution of Chartered Surveyors and has held numerous non executive positions on the boards of regulated entities and listed companies.

Pat Gunne

Pat Gunne

Chief Executive
Pat Gunne joined Green Property in January 2009 as managing director of the various Green Property businesses including the newly formed Green Property Ventures. Since joining Green Property, he has focused on developing a real estate workout business on behalf of banks and private equity firms. He was formerly European board director of CB Richard Ellis. Pat became managing director of the real estate agency Gunne Commercial in Ireland from 1997-2007 and during his tenure the company grew operating profits by a factor of 32, and Gunne Commercial was acquired by CB Richard Ellis in 2007 for an enterprise value approaching €32 million.

Caroline McCarthy

Caroline McCarthy

Chief Investment Officer
Caroline McCarthy joined Green Property REIT Ventures in September 2013 as Chief Investment Officer. Her role is to identify and acquire assets which match the investment objectives of the Company. She was most recently an Executive Director and Head of the Capital Markets team of CBRE in Ireland during the period March 2005 to February 2012, where she served a variety of clients including pension funds, banks and high net worth investors in acquiring and disposing investment property in Ireland, the UK and Continental Europe.

Prior to joining CBRE in 2003, Caroline established the property investment team within Bank of Ireland Private Banking. She also previously served in a variety of roles in property investment in the UK including King Sturge (now Jones Lang La Salle) and Hill Samuel Asset Management (now Scottish Widows).

Niall O’Buachalla

Niall O’Buachalla

CHIEF OPERATIONS OFFICER
Niall joined Green Property REIT Ventures in January 2014 as Chief Operations Officer. His role is to coordinate the operations of Green REIT plc. He was co-founder and Finance Director of Burlington Real Estate Limited during the period late 2012 to December 2013. Prior to that, Niall joined Treasury Holdings in June 2003 in the project finance area and was involved in raising capital for its large-scale developments and acquisitions in Ireland, the UK and in China. He became Group Finance Director of Treasury Holdings and was responsible for the group finance function until late 2012. Niall is a Fellow of Chartered Accountants Ireland, having qualified with Arthur Andersen in Dublin in 2000.

Paul Culhane

Paul Culhane

Development Director
Paul Culhane is development director of Green Property having joined in early 2000. He is directly responsible for the sourcing and implementation of Green Property’s development programme which has included the delivery of numerous office, retail, industrial and leisure projects. Prior to joining Green Property, he held the position of development director with Gunne Commercial (subsequently known as Insignia Richard Ellis Gunne and now known as CBRE) from early 1997 where he was responsible for identifying, structuring and disposing of a number of the largest development projects undertaken in Ireland at that time.

Mark Munro

Mark Munro

Finance Director / Company Secretary
Mark Munro is the finance director of Green Property. In 2002 he was appointed finance director of Rodinheights plc, the entity owned by Stephen Vernon, Merrill Lynch and Bank of Scotland which acquired Green Property plc. He was subsequently appointed as finance director of Green Property Ltd, formerly Green Property plc, and of all of its subsidiary and associated companies when the leveraged takeover of Green Property plc by Rodinheights plc was completed. Prior to this, Mark held a number of senior finance roles with ESB International, a wholly owned subsidiary and the overseas division of the Electricity Supply Board in Ireland. He joined ESB International in 1994 after training and qualifying as a chartered accountant with KPMG in Dublin.

Mark is a business graduate of Trinity College, Dublin and a Fellow of Chartered Accountants Ireland.

Ronan Webster

Ronan Webster

Asset Management Director
Ronan Webster joined Green Property Ventures Limited in October 2011 as a director, working on the reorganisation, management and disposal of the Lloyds Bank loan portfolio. Prior to that he was an Executive Director of CBRE in Ireland from 1998 to 2011, where he served a variety of clients including public companies, pension funds, banks and large office occupiers in acquiring and disposing of property in Ireland and the UK. Prior to joining CBRE in 1998, Ronan was a Senior Vice President of Equis Corporate Realty Advisors in Menlo Park, California.

Jim McKenna

Jim McKenna

Director of Irish Operations
Jim McKenna joined Green Property in 1980 as financial controller/company secretary. He was appointed to the main board of directors of Green Property plc in 1983 as operations director and for the past 30 years he has had responsibility for the management and expansion of the Green Property investment portfolio in Ireland. He was one of the directors of Green Property plc who was instrumental in the site assembly, design and letting of the Blanchardstown Centre from 1989 to its opening in 1996.

Jim is a member of the Society of Chartered Surveyors and is a member of the Institute of Certified Public Accountants in Ireland.