A new generation of developers has emerged. Does it offer a sustainable solution for the sector?
Peter Bacon, the property economist who could rightly be called the father of Nama, remarks constantly that one of the reasons so many Irish property developers and builders got into trouble is that when the crisis hit they found themselves with no access to capital markets to raise equity. Unlike many British property companies, they simply couldn’t turn to shareholders to stump up cash. Instead, they had only their own resources to rely on, which...
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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