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www.kanetuohy.ie
Investing in Irish Real Estate
Céad míle fáilte
2007
Decline
commenced
The Bubble Years
1991-2001
GDP
growth
above 7%
1994
onwards
Large
expansion in
workforce
May 2000-
...
The Crash
What happened next?
Where are we now?
What is the implication for you?
Value for Investors; Investor incentivisation
No liability:-
• CT/IT on rental income/profits
• CGT on disposals
SDZ
Speci...
Mechanics and Tax Treatments
Should you decide to invest/investigate in Ireland...
Currently banks are not really lending ...
Who is investing and in what?
One Warrington Place, which was
sold by NAMA in 2011 to
Northwood Investors for €27million
L...
Céad míle fáilte
The Malt House North | Grand Canal Quay | Dublin 2 | Ireland
Tel: +353 (0)1 672 2233 | Fax: +353 (0)1 678 6033 | e: info@k...
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Kane Tuohy. Financial and Commercial Center Ireland 07.06.2013

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Kane Tuohy. Financial and Commercial Center Ireland 07.06.2013

  1. 1. www.kanetuohy.ie
  2. 2. Investing in Irish Real Estate Céad míle fáilte
  3. 3. 2007 Decline commenced The Bubble Years 1991-2001 GDP growth above 7% 1994 onwards Large expansion in workforce May 2000- May 2001 17% increase in house prices 9/11 Slight slowdown 2002-2006 House prices more than double 2003-2007 Expansion in household lending
  4. 4. The Crash
  5. 5. What happened next?
  6. 6. Where are we now? What is the implication for you?
  7. 7. Value for Investors; Investor incentivisation No liability:- • CT/IT on rental income/profits • CGT on disposals SDZ Special Rules planning
  8. 8. 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
  9. 9. 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 2012. 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 businesswoman Elena Baturina for €22 million
  10. 10. Céad míle fáilte
  11. 11. The Malt House North | Grand Canal Quay | Dublin 2 | Ireland Tel: +353 (0)1 672 2233 | Fax: +353 (0)1 678 6033 | e: info@kanetuohy.ie www.kanetuohy.ie 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.

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