Property

John Magnier outbid by rival Maurice Regan for stately home in Tipperary

Coolmore Stud magnate chases vendors of Barne Estate in Tipperary to High Court after losing out to €18 million bid from tycoon

Maurice Regan outbid John Magnier, in his bid to buy Barne Estate which sits on 751 acres of farmland near Clonmel in Co Tipperary

John Magnier doesn’t often get outbid for land in Tipperary — to the chagrin of many land owners in the county — but Irish construction magnate Maurice Regan has done just that.

Regan outbid Magnier’s €15 million offer for an enormous stately home by €3 million last month, the Business Post can reveal.

The two millionaires are now in an effective stand-off over Barne Estate, which sits on 751 acres of farm land near Clonmel, ...