Investors amass €30bn in assets

WEALTHY Irish investors have amassed up to €30 billion in assets over the past 10 years, dealing in commercial and retail property for the most part.

There may have been a smattering of residential but overall Bank of Ireland reckons the bulk of that €30bn figure was attributable to significant investment in the commercial and retail sectors.

The bank warned, however, that the days of big killings on overseas property were over and it has forecast more modest returns.