When asked by Business Immo last May about the attractiveness of Ireland for property management companies, Abdelkader Guennioui, Director of Investment Fund Management at Arkéa REIM, praised the "fundamentals" of a flourishing market, as well as its attractive tax system, not without alluding to Germany, "where it is even more attractive". "It's not just the corporate tax system that needs to be taken into account, but also the accounting methods used for real estate assets in the countries concerned..." he added at the time.