1. www.kanetuohy.ie

2. Investing in Irish Real Estate
Céad míle fáilte

3. 2007
Decline
commenced
The Bubble Years
1991-2001
GDP
growth
above 7%
1994
onwards
Large
expansion in
workforce
May 2000-
May 2001
17%
increase in
house
prices
9/11
Slight
slowdown
2002-2006
House
prices
more than
double
2003-2007
Expansion
in
household
lending

4. The Crash

5. What happened next?

6. Where are we now?
What is the implication for you?

7. Value for Investors; Investor incentivisation
No liability:-
• CT/IT on rental income/profits
• CGT on disposals
SDZ
Special Rules planning

8. Mechanics and Tax Treatments
Should you decide to invest/investigate in Ireland...
Currently banks are not really lending so a lot of these purchases are being
funded by private investment companies

9. Who is investing and in what?
One Warrington Place, which was
sold by NAMA in 2011 to
Northwood Investors for €27million
La Touche House, one of the
three original office blocks at the
front of Dublin’s International
Financial Services Centre has
been sold in an off-market deal
for €35 million
River Island and Wallis buildings on
Grafton street, Dublin, which were
bought by German fund manager
GLL Real Estate for over €40 million
Sandford Lodge, Ranelagh, Dublin,
purchased for €27 million by
Kennedy Wilson, which has made a
major foray into Irish property in
2012.
87/89 Pembroke Road, D4,
purchased by an overseas buyer
for €15.5 million, €1.5 million
above the guide price, The new
owner will get a return of over 7
per cent on the investment.
Dublin's Morrison Hotel,
which was bought last year
by billionaire Russian
businesswoman Elena
Baturina for €22 million

10. Céad míle fáilte

11. The Malt House North | Grand Canal Quay | Dublin 2 | Ireland
Tel: +353 (0)1 672 2233 | Fax: +353 (0)1 678 6033 | e: info@kanetuohy.ie
www.kanetuohy.ie
The content of the presentation cannot be applied as legal counselling as this will
always be subject to actual and specific knowledge of the client’s situation.