Overseas investment firms become active in flipping Irish commercial property

The sales may spell good news for some hard-pressed Irish property owners, as well as smaller Irish investors who want to get in on the property recovery, writes Donal Buckley.

26th January, 2014
Riverside II on Sir John Rogerson's Quay, Dublin 2, was bought for €35.6 million and flipped for €50 million within 18 months.

Some overseas investment funds are already cashing in their chips by selling on Irish properties purchased over the last two years. As well as generating profits for the vendor funds, the sales may also spell good news for some hard pressed Irish property owners as well as for smaller Irish investors who are seeking to get in on the Irish property recovery. Such smaller investors are expected to buy more flipped properties in the next...

Subscribe from just €1 for the first month!


What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say