Killian Woods

Business Correspondent

Killian Woods is a Business Correspondent in the Irish Times

First payments under new derelict property tax not due until June 2028

Dereliction an ‘unacceptable spectacle’ in depths of housing crisis, says Minister for Finance Simon Harris

Former RTÉ finance chief Mari Hurley in line for Ires Reit shares worth €325,000

Hurley moved to Ireland’s biggest landlord earlier this year following a stint with national broadcaster

Galway’s Taaffes shop, empty for 30 years, has a new owner

Building on William Street has been vacant since 1996, when the family-run shop closed down

Who owns Galway’s Eyre Square? The billionaires, hoteliers and publicans running the central plaza

A property-by-property examination reveals the square’s diverse cast of investors, families and public bodies

Cerberus paid less than half face value for €300m of troubled AIB loans in Project Fir

The New York-based distressed debt giant and UK debt management firm Link Financial completed a deal for the portfolio in March

LDA closes in on €21m deal for UCC’s IMI campus in Sandyford

The executive education group, the Business Post and RedC Research & Marketing have offices based on the land near Dundrum Town Centre

Paddy McKillen jnr built a hospitality empire – now the man with €270 in the bank owes €27.7m

Press Up Group, which he lost control of in 2024, was rapidly expanded by McKillen jnr following the financial crash

Accenture reports earnings of $93bn in Ireland, more than Apple and Microsoft combined

EU rules shed light on scale of Accenture, News Corp and Digital Realty Irish operations

Government infrastructure adviser’s investment firm reports €35m in assets

Sean O’Driscoll has been a prominent member of the State’s Accelerating Infrastructure Taskforce

Corporate tax disclosures reveal gulf between payments by tech giants and other multinationals

New EU rules mandate companies with global revenues of more than €750m to disclose specific financial data

Tenant exit and flat rents weigh on €300m Dublin office portfolio

Income falls at one office fund controlled by Axa and Kennedy Wilson following rent review

Fallon brothers behind Daft.ie secured almost €240m from Distilled sale

Asset manager Blacksheep led a takeover of the Distilled classifieds group, for an undisclosed sum, in 2024

Corporate landlord credits profit surge to housing shortage

A firm linked to Axa’s investment arm reported €24 million of earnings from its rental investments in Ireland last year

Cerberus starts selling remaining Irish distressed loans from crash-era portfolios

Debts linked to Project Aran and Project Arrow acquired from Ulster Bank and Nama are being offloaded by the US fund

Buswells Hotel posts €697,000 loss under new owners, driven by high interest costs

Investor David Meagher secured the property after a number of well-known figures vied to buy hotel

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