Friday July 3, 2020

FGS raises €45m to buy Berlin land

Accountancy firm Farrell Grant Sparks (FGS) has raised €45 million from investors to help fund the purchase of 150 acres of land at a proposed new airport in Berlin.

2nd August, 2008

Accountancy firm Farrell Grant Sparks (FGS) has raised €45 million from investors to help fund the purchase of 150 acres of land at a proposed new airport in Berlin.

The fundraising was completed in recent days, with the majority of the money coming from clients of FGS. The accountancy firm will manage the development of the site, which is being bought by a consortium led by aviation entrepreneurs Des and Ulick McEvaddy.

The entrepreneurs plan to...

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