Going Deutsch

Donal Buckley Irish companies are making waves in the German property market, with Greenman and McGrath Group leading the charge

McGrath’s development at HanseKarree, in the northern German city of Rostock

At a time when much focus has been placed on German investors, particularly pension funds, taking an interest in Irish build-to-rent projects, at least four Irish companies have formed a strong presence in the German property market: Greenman, Smyths Toys, McGrath Group and the Comer Group.

Greenman, a real estate investment fund manager, recently increased the value of the assets in its open fund to €570 million, making it Germany’s largest food retail-focused ...