Irish investors make €33 million from sale of US building

A Dublin businessman and a group of predominantly Irish investors will make about €33 million when they close the sale of an office building in Greenwich, Connecticut, on the east coast of the United States.

A Dublin businessman and a group of predominantly Irish investors will make about €33 million when they close the sale of an office building in Greenwich, Connecticut, on the east coast of the United States.

New York-based Willett Companies, the firm owned by Dubliner Frank Kenny and business partner Bruce Beswick, are selling the building for $142 million (€104 million). Willett and its consortium of primarily Irish investors bought the building for $97.5 ...