Kane Tuohy. Financial and Commercial Center Ireland 07.06.2013
Investing in Irish Real Estate
Céad míle fáilte
The Bubble Years
Where are we now?
What is the implication for you?
Value for Investors; Investor incentivisation
• CT/IT on rental income/profits
• CGT on disposals
Special Rules planning
Mechanics and Tax Treatments
Should you decide to invest/investigate in Ireland...
Currently banks are not really lending so a lot of these purchases are being
funded by private investment companies
Who is investing and in what?
One Warrington Place, which was
sold by NAMA in 2011 to
Northwood Investors for €27million
La Touche House, one of the
three original office blocks at the
front of Dublin’s International
Financial Services Centre has
been sold in an off-market deal
for €35 million
River Island and Wallis buildings on
Grafton street, Dublin, which were
bought by German fund manager
GLL Real Estate for over €40 million
Sandford Lodge, Ranelagh, Dublin,
purchased for €27 million by
Kennedy Wilson, which has made a
major foray into Irish property in
87/89 Pembroke Road, D4,
purchased by an overseas buyer
for €15.5 million, €1.5 million
above the guide price, The new
owner will get a return of over 7
per cent on the investment.
Dublin's Morrison Hotel,
which was bought last year
by billionaire Russian
Baturina for €22 million
The Malt House North | Grand Canal Quay | Dublin 2 | Ireland
Tel: +353 (0)1 672 2233 | Fax: +353 (0)1 678 6033 | e: firstname.lastname@example.org
The content of the presentation cannot be applied as legal counselling as this will
always be subject to actual and specific knowledge of the client’s situation.