Arrow points in right direction as it expands Irish property business

European fund manager Arrow Global has become a major player in the Irish property market through three businesses which address different sectors of the market.

Mars Capital, the largest of them, is on track to manage more than €9 billion-worth of assets, mainly properties owned on impaired mortgages.

Arrow’s second interest is iLiv, which buys flats needing refurbishment, brings them up to spec and rents them out. It has spent more than €100 million in ...