Friday 18 January 2019

Low-key Limerick property developer Aidan Brooks (47) 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 of very valuable properties on London's Bond Street and Oxford Street as well as in Paris and Manhattan. The trio also own Co Dublin's Luttrellstown Castle and golf course, as well as surrounding farmland.

In 2015, Brooks sold more than $500m of retail buildings in the US including stores leased to Hermes and Graff Diamonds, as well as 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.

He bought the former residence of the Bishop of Limerick, Kilmoyle, for €27m during the boom, later selling it for a fraction of the price to McManus.

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