Tetrarch forecasts €100 million earnings on property portfolio
Newly formed hotel division is considering two potential acquisitions in Cork and Galway
Tetrarch Capital, the prolific property investor backed by the wealthy Spitzer family and fund giant Pimco, expects revenue for this year to be close to €100 million, the head of its new hotel arm has told The Sunday Business Post.
Damien Gaffney, the company’s former head of investments, said he would seek to capitalise on regional opportunities as well as Dublin now that the hospitality market outside the capital was finally recovering.
“It’s ...
