THE €1.8bn asset empire

In the second part of our special investigation, we examine the property and companies of the religious order, the Sisters of Mercy.

DESPITE playing a significant part in the residential child abuse and Magdalene Laundries’ scandals the Sisters of Mercy remains one of the largest and most powerful corporate entities in the country.

Setting aside debts and obligations it is responsible for a matrix of health, education and property holdings with fixed assets worth €1.62 billion. It also has reported to owning financial investments worth €182m.