A Tough Year, Says the Estate Agent with Eur 15.5m Losses [Eire Region]

Daily MailOctober 20, 2009

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Summary


EVEN as the Celtic Tiger began to die in 2007, Sherry FitzGerald, the country's largest estate agency, made a profit of e11million.

But a year on, as the property market imploded, it was a very different story - and it posted a e15.5million pre-tax loss last year with accumulated losses of e1.8million.

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Extract


A Tough Year, Says the Estate Agent with Eur 15.5m Losses [Eire Region]

In its latest accounts, the company described 2008 as a 'tough year' in which it let go 15 per cent ...

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