McGrath Group recorded almost €5m in profits in most recent accounts

The family-run property development group, which owns a derelict site at 23 Prussia Street that was subject to an eviction attempt this week, operates in Ireland, the UK and Germany

28th October, 2021
McGrath Group recorded almost €5m in profits in most recent accounts
This site at Prussia Street was, for the past month, occupied by squatters and activists that called the site Sunnyvale. Picture: Rollingnews.ie

The ultimate parent company of entities owned by McGrath Group, a private development firm headquartered in Dublin, recorded profits of almost €5 million in its latest accounts.

The McGrath Group was first founded in the 1980s and is led by siblings PJ McGrath, Thomas McGrath and Mary McGrath. The company develops build-to-rent units for markets in Ireland, UK and London.

In September 2020, the Irish property firm pre-sold a development of 101 apartments at Johnstown...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

Comment: We should double Services Sites Fund to drive down cost of affordable housing in Dublin

Ballymore gets green light for office blocks and hotel near Connolly station

O’Brien was given four options to restrict co-living months before ban

Ronan Group wants meeting with O’Brien over dockland projects