Full coverage: Property

He restored it. Then he tried to sell it. Now, Michael Flatley, the Irish-American dancer, has retained planning consultants to work with Cork County Council on development opportunities for the 150-acre estate.

A low-key fund managed by Goodbody is suing Mike Ashley’s Irish operation over rents. However, new documents prepared by the fund detail its assets, its performance and its write-downs.

For the past four years, vehicles established in Ireland to hoover up debt secured on Irish property have been banned from paying tax-free profit-participating interest. New accounts show how this rule has applied to portfolios sold by Nama and Ulster Bank.

After months of behind-the-scenes negotiations, Paddy Byrne’s Victoria Homes has agreed a deal which resolved all outstanding issues with the Lotus Investment Group.

Through a Luxembourg SPV, Apollo acquired debts connected to Pat Doherty’s Harcourt Developments. However, much of those debts are due to be repaid, prompting its accountants to raise questions about the company’s finances.

DWS is suing Gap and Champion Sports over missed rent as their stores remain closed, but the German landlord is not put off investing in Ireland: it has poured over half a billion euro into Dublin property in the past year alone.

Following a debt refinance earlier this year, the Dublin-based international serviced apartments operator has now secured backing from the Irish state's sovereign wealth fund.

First, there was anecdotal evidence that the pandemic-induced acceleration of trends towards remote working and online retail would reshape the commercial property market. Now hard figures are emerging in a number of international locations.

Disputes over retail property rents continue to escalate before the courts as Level 5 restrictions bite, this time opposing Boots and Paddy McKillen’s shopping centre vehicle.

Debt collector turned vulture fund Cabot Financial has been growing its Mediterranean business out of Dublin, illustrating the wider trend among US distressed debt investors to use Ireland as a base for European portfolio securitisation.