Article: Little things ...

ON TUESDAY, we finally got some straight shooting on the Irish property market.

However it wasn't from a bank or an estate agent or one of the multitude of developers who are working at the coal face.

Instead, listed agri-nutrition group Origin Enterprises, a spin- off from Aryzta (formerly IAWS), gave its verdict on the property market here in a trading update and it didn't pull its punches.

Origin, whose brands include Shamrock, Roma and Odlums, announced a [euro]105 million writedown in the value of its property assets, which are sites used by the business. This was net of tax. The gross figure was [euro]135 million.

Bloxham analyst Joe Gill said this was to a "70 per cent adjustment from ...

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