Friday October 23, 2020

Developer earned €2.3m dividends from property company

Property developer Ken Rohan last year earned dividends of €2.3 million from one of his companies, Airspace Investments, according to accounts just filed.

15th October, 2005

Property developer Ken Rohan last year earned dividends of €2.3 million from one of his companies, Airspace Investments, according to accounts just filed.

Airspace, which owns the Grand Canal Plaza office development, home to BT Ireland, in Dublin, paid Rohan dividends of more than €7million in 2003 and 2004.

The firm had assets of €131 million, retained profits of €30.2 million and €7.6 million in cash at November 30, 2004.

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