The Irish real estate sector has seen significant challenges as a result of COVID-19 and recent international tax policy changes such as the introduction of the OECD action plan on Base Erosion and Profit Shifting (BEPS). However, there still remains potential opportunities for investors.
Ireland’s tax system ensures that Irish real estate assets are an attractive option for domestic and foreign investors alike. Common Irish property structures including Irish Real Estate Funds, Real Estate Investment Trusts and Irish Property Companies provide favourable tax rates and returns to investors when compared to real asset investment vehicles in other EU countries.
Our Real Estate Services
At Grant Thornton, we bring a broad spectrum of knowledge and expertise of the Irish real estate sector and apply these skills by offering effective solutions for our clients. Our teams have great experience working with the office, retail, industrial, leisure, residential, student accommodation and social housing sectors.
We provide you with the planned support at all stages throughout the property development life cycle. By combining our industry expertise and our business advisory skills, we deliver on our client’s needs.
We have extensive experience with regards to the establishment and development of Irish Real Estate structures that best suits your needs, such as:
- Irish Real Estate Funds (IREFs)
- Irish Collective Asset-management Vehicles (ICAVs)
- Real Estate Investment Trusts (REITS)
- Investment Limited Partnership Structures (ILPs)
- Section 110 Company/Property Company Structures
- Irish Property Company
- Foreign Property Company
How Grant Thornton’s Financial Services tax team can help:
Grant Thornton’s Financial Services Tax team is a fast growing team that collectively have a vast range of experience providing a range of tax advisory, corporate tax compliance, transaction and re-structuring services. We develop close relationships with our clients in order to gain a deeper understanding of their businesses to ensure they make the right operational decisions that best suits their needs. Our team of tax professionals help clients by sharing expertise and insights from our 1,450 strong team here in Ireland and with our teams across the globe.