Friday 28 July 2017

Low-key Limerick property developer Aidan Brooks has expanded his Tribeca Holdings from small-time Limerick apartment deals to global real estate. Brooks is often involved in deals involving Coolmore's John Magnier and JP McManus and has assembled a portfolio including some extremely valuable properties on London's Bond Street and Oxford Street as well as in Paris and Manhattan.

In 2015, he went on what the New York Post described as a ‘selling spree', selling more than $500m of retail buildings in the US including stores leased to Hermes and Graff Diamonds on New York's Madison Avenue and the flagship US store of Polo Ralph Lauren, the so-called Rhinelander Mansion on Madison Avenue.

The proceeds were used to buy out fellow shareholders in a 1.4bn property portfolio including 100 retail outlets comprising properties in Knightsbridge, Bond Street and Old Spitalfields Market near the City of London financial district. Last year, he put apartment blocks he owned in Limerick on the market.

He bought the former residence of the Bishop of Limerick, Kilmoyle, on the North Circular Road in Limerick for 27m during the boom.

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