Monday August 3, 2020

Fota Island resort sold to Chinese-based investors

The sale of the 500 acre Fota Island resort in Cork to Chinese-based investors has been completed, and it will be handed over to its new owners in late September.

Gillian Nelis

Managing Editor

@gnelis
2nd August, 2013
Fota Island Resort.

The sale of the 500 acre Fota Island resort in Cork to Chinese-based investors has been completed, and it will be handed over to its new owners in late September, The Sunday Business Post has learned.

The resort's new owners are the Beijing-based Kang family, who operate a number of businesses in the hotel and leisure, construction and energy sectors. A spokesperson for the family said that Fota will trade as normal, with all commitments including...

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