News Formal

British weapons dealer sells Irish houses to Davy investment fund

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 7 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 6%
  • Publisher: 71%

Business News News

Business Business Latest News,Business Business Headlines

The pension fund of a British weapons dealer has sold its Irish residential portfolio to a Davy investment fund for a 15 per cent profit less than a year after purchasing the homes, the Business Post can reveal.

BAE Systems spent €14.4 million acquiring 43 second-hand properties in Ireland in 2021 through its pension fund.

Records obtained by this newspaper show that the British weapons manufacturer sold the properties in April for €16.8 million to ...

 

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