Wednesday February 26, 2020

FBD makes ambitious play with €7.5m shot in property arm

Company targeting €50 million profits over the next five years

3rd January, 2016
4
FBD’s La Cala resort in Málaga, Spain

FBD Property & Leisure (FBDPLL), the hotel and property group owned by investment holding and insurance company Farmer Business Developments, or FBD, has recorded record profitability of €9 million for 2015, an increase of more than 50 per cent on 2014.

Headquartered in Ireland, the group is solely owned by Farmer Business Developments, following the acquisition of FBD Holdings’ 50 per cent share of the business in October 2015.

The group owns and manages three hotels in Ireland, including...

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