Investors move to back mortgage-to-rent scheme
New Beginning set to be first private fund-backed operator to avail of the state’s revamped distressed mortgage solution
New Beginning looks set to be the first private fund-backed operator to avail of the state’s revamped distressed mortgage solution. Its German high net worth family investor, Brant Estrada, has provided an initial cash bond of €50 million.
“We’re unlike everyone else in that we have our money and we’re transacting with homeowners,” said founder Ross Maguire last Friday.
He said New Beginning had already begun engaging...
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EY reports €393m revenues in Republic of Ireland for 2021 financial year
Revenues in the Republic increased 9.5 per cent for the year up to June 2021 to €393 million, up from €359 million in the previous year
Out of Office: National Cyber Security Centre to get additional €2.5 funding and 20 new roles
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Content is king – just ask Netflix as rivals attempt to steal its crown
A WarnerMedia-Discovery deal puts the spotlight on streaming wars as around 100 platforms vie for the attention of often fickle audiences
Tom Maguire: Tax changes we make now could help business for years
The way we did business a few months ago may never return – so the opportunity is to make changes that will both aid recovery and set us up well for our new futures