Commercial sector is cautiously awaiting the Finance Bill

Perhaps the biggest issue for the commercial property sector in the budget related to what wasn’t said, rather than what was. In his speech, Minister for Finance Michael Noonan provided no further clarity to changes that will impact on real-estate investors using the alphabet soup of vehicles such as Icavs (Irish Collective Asset-management Vehicles) and Qiaifs (Qualified Investor Alternative Investment Funds).

Indications are that the changes seem likely to include a withholding tax ...