Luke and Brian Comer
Luke and Brian Comer are Irish billionaire property developers, the founders and owners of the Comer Group, a privately owned UK property development company.
Luke and Brian Comer | |
---|---|
Nationality | Irish |
Occupation | Property developers |
Known for | Founders and owners of the Comer Group |
Net worth | £770 million (May 2017)[1] |
Early life
The Comer brothers come from Glenamaddy, Co Galway, in Ireland.[2][3]
Career
They left school in their teens to work as plasterers.[2] They moved to London in 1984,[4] working first as plasterers and then moving into property development.[2] Since then their focus has shifted to Germany and then to Ireland in 2010, in their quest for value-for-money.[2]
The brothers' notable projects include the conversion of the listed Friern Hospital (formerly Colney Hatch Lunatic Asylum) to residential accommodation in the mid-1990s as Princess Park Manor.[5][6][7]
The Comers invested more than €75 million in property purchases in Ireland, the UK, and Germany within just six months (November 2015-April 2016) and reported plans to invest an additional €200 million in the 18 months to follow.[8] In 2017, two farmers in Ireland filed suit against the brothers over land rights to five acres of grazing territory in north county Dublin.[9]
In 2018, the Comers purchased Kilmartin House, a 111 acres piece of land in Dublin 15. The land will be used for a residential development.[10] In May 2018 it was reported that the Beckett Building, which was purchased by the Comer Brothers in 2013 for roughly €5 million, was sold to Kookman Bank for €101 million.[11]
Personal life
They are residents in Monaco for tax purposes. Luke Comer is a keen horse-breeder.[3]
References
- "Rich List 2017: #166, £770 million". The Sunday Times Magazine. 7 May 2017. p. 57.
- John McManus (27 June 2014). "Luck, timing and a few master strokes key to Comer brothers' success". Irishtimes.com. Retrieved 14 May 2017.
- Madeleine Lyons (5 March 2015). "Luke Comer on a €400 million Irish property spending spree". Irishtimes.com. Retrieved 14 May 2017.
- History. Comer Group. Retrieved 14 May 2017.
- One-on-one interview with Brian Comer at Comer Homes. What House?, 3 April 2015. Retrieved 14 May 2017.
- Bloomfield, Ruth (4 October 2012). "Princess Park Manor: From Asylum to Posh Retreat for One Direction - WSJ". Online.wsj.com. Retrieved 17 August 2015.
- Friern Hospital. Lost Hospitals of London. February 2008. Retrieved 14 May 2017.
- "Comer brothers plough €75m into property empire - Independent.ie". Independent.ie. Retrieved 3 October 2018.
- "Comers' property company settles court case with Dublin farmers". The Irish Times. Retrieved 3 October 2018.
- "The Irish Times". Comers emerge as buyers of 111-acre Dublin 15 site. 29 March 2018.
- "Docklands office block bought for €5m sells for €101m". The Irish Times. Retrieved 3 October 2018.
External links
Media related to Comer Group at Wikimedia Commons