Sunday 25 February 2018

Peter Flanagan: How do huge global property players end up owning semi-Ds in Barna?

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Peter Flanagan

Peter Flanagan

The Irish economy has improved hugely since the depths of the EU/IMF bailout in 2010, but as the Government discovered at the general election, most of the improvement has been concentrated in Dublin.

The recovery has begun to touch the likes of Cork, Galway and Limerick, but beyond urban areas there are few signs that the economy is much better than five or six years ago.

It’s understandable then that the investment funds which have spent millions of euro here have focused on the capital. But what are they doing buying up property in the rural areas?

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