It has not been the easiest of entries into the Irish market for Henderson Park, the British private equity real estate giant. In late 2019, as the company was finalising a €1.34 billion deal to acquire Green Reit, the listed Irish real estate investment trust, Finance Minister Paschal Donohoe disclosed a string of new measures designed to cut out loopholes that reduced tax liabilities on certain property transactions. The changes to Section 28 and Section 60 of the tax code increased Henderson’s tax bill on the Green Reit deal by a hefty €65 million. Henderson has since challenged the move…

Join The Currency

INTRODUCTORY OFFER.

Sign up today: Full annual membership for just €200.

Don’t miss out on what is going on with our daily unique stories from our team of skilled journalists and insightful commentators.

Members of The Currency get full access to over 3,200 exclusive interviews, investigations, and analysis, plus over 220 podcasts.

Annual membership is just €200 for the first year, a saving of €100.

Or try The Currency for the first month for a special introductory rate of €5, a saving of €20.

Cancel at any time.

To become a member today click here.