Property developer leaves €26.7m in will

Property developer Phil Monahan left €26.7 million in his will, according to records filed this weekend at the Probate Office in Dublin.

14th May, 2005

Property developer Phil Monahan left €26.7 million in his will, according to records filed this weekend at the Probate Office in Dublin.

Monahan, who died in 2003, was the founder and director of Monarch Properties, which was involved in the development of several major shopping centres, including The Square in Tallaght and Dundalk Shopping Centre. Monarch also refurbished Drogheda Town Centre.

In 1997, Monahan became a director and major shareholder in Dunloe Ewart, the property group...

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