Minister for Housing invested in a foreign property deal that went wrong

Minister O'Brien lost over 50% of his investment in a foreign real estate trust over 10 years ago and has never invested since
Minister for Housing invested in a foreign property deal that went wrong

The Minister for Housing says that he lost over 50% of his investment in a foreign real estate trust over 10 years ago and has not invested since.

Mon, 10 May, 2021 - 14:04
Paul Hosford Political Correspondent

Minister for Housing Darragh O'Brien has revealed that he lost over 50% of his investment in a foreign real estate trust over 10 years ago and has never invested since.

The Dáil Register of Members' Interests from 2008 shows that Mr O'Brien invested savings into a Real Estate Investment Trust (REIT) run by Standard Life Assurance. 

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