Wednesday 26 July 2017

Galway's Joseph Higgins (66) made about €60m when selling his turnkey computer cabinet manufacturing firm in the 1990s, ploughing the windfall into commercial property.

There's debt there. His Coltard company - controlled via the Isle of Man - owns the Dun Laoghaire shopping centre and is spending €10m to tart the complex up. It has a rent roll of €2m per year.

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