Friday September 18, 2020

Germany pays back Irish investors

Most Irish property funds have lost money over the last five years, but one group of commercial property investors have booked a 48 per cent return.

4th March, 2012

Most Irish property funds have lost money over the last five years, but one group of commercial property investors have booked a 48 per cent return by putting their money in the German market.

The Third Augusta Syndicate fund, which started in November 2007 with 47 investors and €7.8 million, is now exiting with 48 per cent growth.

That return comfortably beat the performance of both global and Irish stocks over the same period, during which Irish property prices...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 8 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 4 years ago