Galway Bay fm newsroom – Glenamaddy natives Brian and Luke Comer have spent more than 75 million euro buying property here, in Germany and in the UK over the past six months – including in Galway city.
According to a report in The Sunday Independent, the Comers have purchased the former Anglo Irish Bank building in Galway, as well as a city centre pub and hotel, which have not been named due to confidentiality agreements.
The report states that the fact that they already own development sites and existing properties in and around Eyre Square makes them one of the largest property owners in the region.
Also among the Galway properties are a business park, two apartment blocks, a mixed-use development anchored by a Lidl store in Oranmore and a canalside retail and apartment block in the city.
Their recent purchases bring their total spend on investments in Ireland to more than €500m since the economic crash, making them one of the country’s biggest property owners.
They plan to invest up to a further €200m in Ireland, the UK and Germany within the next 18 months.
