Increase In Amount Of Local Farmland Controlled By Vulture Funds

Monday, 4 February 2019 14:53

By Hugh O'Farrell Walsh

It’s being claimed that over 28,000 acres of farmland in every county in Ireland, including Wicklow, is controlled by vulture funds.

Extensive analysis was carried out by the Irish Farmers Journal on almost 9,000 documents received from the Land Registry under the Freedom of Information Act .

A county breakdown of farm mortgages shows 285 parcels of land, including 7 here in Wicklow, are held by several subsidiaries of US vulture funds Cerberus and Lone Star.

The highest concentration of land held, was in Co Mayo, followed by Galway and Meath.

More from East Coast FM Wicklow News

Flag Raised at Greystones Community College Ahead of Move to New Permanent Building

The Tánaiste said: “The sense of school community here, the excellence of what has been achieved and the pride that this town has in Greystones Community College has been really incredible."
London Mauling Sees Wicklow Power Into Promotion Charge

With 16-points to spare over London, Wicklow ramp up the chase to follow Carlow out of Division four of the Allianz National Football League
Driver In Wicklow Crash That Killed Teenager Molly Dempsey Spared Jail

The defendant was a minor at the time. He received two years fully suspended with a 10-year driving ban.
Local TD Highlights Success Of Shillelagh Tourist Pods Amid Fury At Short-Term Rentals Bill

Proposed new regulations surrounding the housing crisis and short-term lets could deter investment and damage rural businesses and wipe out tourism according to tourist advocates and operators
Parents Reminded Wicklow SENOs Can Issue Letters Of Eligibility

There are four allocated to County Wicklow with contact information on the NCSE website.