Tycoons: Under the radar
In 2014, publicity-shy couple Bernie and John Gallagher paid Nama €28 million for the Bord Gáis Energy Theatre
Date of publication: September 28, 2014
It was a typically low-profile move. In the throng of bidders looking at Dublin’s Bord Gáis Energy Theatre, multimillionaire couple Bernie and John Gallagher stayed behind the scenes until their €28 million acquisition from Nama was sealed.
The theatre deal brings the couple’s recent Irish property market plays to around €65 million in value, and their recent Irish investments overall to a total approaching €100 million.
Despite ...