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Funds reaped profits of almost €3bn in their first three years

The property funds, described by the government in the past as ‘aggressive’ avoiders of tax, racked up operating profits of €1.16bn in 2019 alone

Property funds reap rewards with near €3bn profits in just three years

Govt further examining investment fund housing issue

Govt further examining investment fund housing issue Updated / Thursday, 6 May 2021 07:05 Consideration is now being given to a number of options aimed at discouraging major investors from buying new housing estates Political Correspondent Discussions on how to stop financial investment companies buying large sections of housing estates are likely to continue across Government departments today. The shortage of housing was back in the political spotlight last night as both Fianna Fáil and Fine Gael politicians held party meetings. The issue of investor funds has triggered much unease in both parties and across the entire Government amid deep political fears of rising public anger on the matter.

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