Tesco Extra store in Gorey, Co Wexford: Igal Ahouvi’s investment will show a return of just over 7 per cent

A wealthy Israeli investor has bought the newly opened Tesco Extra store in Gorey, Co Wexford, for a price believed to be in the region of €21 (...)

Kennedy Wilson - AmericaLed by Bill McMorrow, Kennedy Wilson is leading the investors’ buying spree of Dublin commercial property. Its €306 million deal this week for the Opera/Castle Market Holdings portfolio includes the Bank of Ireland building on Mespil Road in Dublin 4. It also owns a stake in the bank itself. Other purchases include the State Street building in the docklands for €108 million, the Gasworks apartment complex in D4 for €84 million, and the Clancy Quay development near Phoenix Park for €40 million.

Dublin, according to Russell Jewell of AEW private equity, is at the centre of a commercial property “feeding frenzy” of international buyers. (...)

Elena Baturina - owner  of the Morrison hotel.  Photo: Gareth Chaney Collins

Igal AhouviIgal Ahouvi is an Israeli-born private investor and has bought a number of retail properties around Ireland in recent years. His property p(...)

The redeveloped site at the former Clancy Barracks is now home to 420 residential units.  Clancy Barracks: Islandbridge, Dublin 8. Sold: Over €80million Previously: €230million

There is no happy ending to a property market crash, unless perhaps you’re a private equity investor. Since the Irish market has gone belly up, privat(...)