Stanley homes in on a Realli good investment
Cairn Homes co-founder Kevin Stanley has chucked some money into potential Daft.ie and Myhome.ie killer Realli. The new homes listing platform, set up by twentysomethings Hugo and Conor Mahony, is somewhat easier on the eye and simpler to use than its rivals.
The company uses much more original content, video-based listings and virtual tours. It also has a strong Instagram and social presence to appeal to those millennials who somehow manage to get as far as drawing down a mortgage, after the Machu Picchu trip naturally.
Stanley recently injected €100,000 into Realli, with Treasury Holdings co-founder and Bartra boss Richard Barrett also increasing his stake by the tune of €100,000 last year. WK Nowlan managing director Killian O’Higgins is also an investor in the business, which has some hefty clients including Gerry Gannon’s housebuilder Gannon Homes.
Stanley can certainly spot a good way to make money. Along with financier Alan McIntosh and brother Michael, Kevin has shared in almost €110m in founder share payouts from Cairn Homes as the listed housebuilder hit targets. With the need for up to 450,000 new homes around Dublin over the next decade, having a sexy platform to sell them could prove to be a smart play.