Glenveagh chief slams ‘unhelpful’ critics of bulk buyers of apartments

Glenveagh chief slams ‘unhelpful’ critics of bulk buyers of apartments

The head of building giant Glenveagh has hit out at critics of funds snapping up apartment blocks, saying any attempts to increase the tax or the regulatory burden on institutional investors will damage the housing market.

Justin Bickle, the chief executive of Glenveagh, said the commentary around institutions entering the private rental market was “misleading” and could ultimately backfire.

“I think it would be counter-intuitive and counter-productive for there to be any regulatory or tax...

Subscribe from just 1€

Exclusive offers

Choose the subscription that is right for you

Monthly Subscription

€1

For the first month

€19.99 Monthly Thereafter

Subscribe today

Cancel anytime

Annual Subscription

€200€149

For the first year

€199.99 annually thereafter

Subscribe today

Cancel anytime

Quarterly Subscription

€55€42

For the first 90 days

€55.00 quarterly Thereafter

Subscribe today

Cancel anytime

These offers are not available for current subscribers. Offers and pricing are subject to change without notice.

Terms & Conditions Apply

Please Subscribe or Log in to continue

Subscribe Login

Related Articles

More from The Business Post