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

Wicklow Stick With Winning Formula Ahead Of Antrim Trip

Wicklow’s decision to name an unchanged team underlines growing trust in the current starting fifteen, with several key players now firmly established in Oisin McConville’s system.
Wicklow Is Ireland's Fastest Growing County For First-Time Buyers As Mortgage Demand Surges Nationally

Wicklow has the strongest growth recorded anywhere in the country in the first-time house buyer market underling the popularity of the county
Could You Help Shape The Future of Rathdrum?

The Town Team is looking for new members. Read on to find out more!
Wicklow Tourism Employer Recognised at Fáilte Ireland Employer Excellence Awards

Vagabond Tours has been named Best Employer in the Travel Company sector.
Bray's Under The Giant Concert Featuring Craig David Is Postponed Until 2027

Despite the postponement, planning work will continue, subject to securing the necessary statutory approvals and consents from Wicklow County Council and other stakeholders.