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…

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