News Formal

Davy shelling out bumper prices for houses already leased to Limerick Council | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

Davy shelling out bumper prices for houses already leased to Limerick Council

Property investors in Limerick are flipping family homes that were bought for under €180,000 a year ago at more than twice that amount to an investment fund managed by Davy

Property investors in Limerick are flipping family homes that were bought for under €180,000 a year ago at more than twice that amount to an investment fund managed by Davy. The sales were completed after Limerick City and County Council agreed to lease the properties for social housing. The activity of investment funds in the Limerick property market has started to “create a distortion effect” and “squeeze regular buyers out of the market”, according to...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

I'd expect Davy to be involved but who is making these deals in LimerickCouncil limerick HousingCrisis

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Fingal County Council gives go-ahead to major Dublin data centre | Business PostThe country’s energy regulator declined to make a submission to the council on a proposal by Energia to build a data centre in north Dublin which the company says will be carbon neutral and sustainably managed
Source: businessposthq - 🏆 8. / 71 Read more »