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Business Today |
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Wednesday, 24 June, 2026 | | |
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Editor's Note |
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Good morning, reader |
Plenty of international investors spent big on Irish property in the years after the real estate crash here. Many of those took on assets at bottom dollar prices at a time when many saw Ireland as uninvestable, and went on to make huge profits when they sold out a few years later.
When those first movers were selling, there were plenty of questions around who would be buying. Little was known about what this next wave of investors would look like, or if there would be enough of them. Well, it turns out there were more than enough, and a lot of them have done just fine as well.
One of the big buyers has been the man behind the Zara clothing chain. Amancio Ortega’s portfolio here is now worth well over €300 million, according to new filings. Killian Woods has the story.
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Peter Flanagan |
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