Roughty Properties Ltd, a property management firm owned by Kerry TD and junior minister Michael Healy-Rae, has acquired a third property in Tralee, adding to its portfolio of guesthouses linked to accommodating Ukrainian refugees. The Tralee property, listed with a sale price of €485,000, follows two existing Rosemount-branded properties operating under similar arrangements.

The company’s activity is officially categorised as “management of rental properties” in the Dáil Register of Members’ Interests, which also lists 17 separate properties owned by Healy-Rae, including 14 residential houses. Roughty Properties has recorded combined profits of €841,908 over 2023 and 2024, marking it as the TD’s most profitable enterprise.

According to figures from the Department of Children, Disability and Equality, the Rosemount brand received €470,640 in 2024 for housing Ukrainian refugees, although payments fell sharply in the final quarter. No payments have been recorded for Roughty Properties or Rosemount in 2025 to date, with Q4 data pending release. Minister Healy-Rae declined to comment on the most recent acquisition.

The firm’s activity demonstrates the intersection of residential property management and social housing support, with facilities management implications for operational oversight, tenant coordination, and compliance with relevant housing regulations. Beyond Roughty Properties, Healy-Rae’s Roughty Plant Hire Ltd also saw an increase in profits, rising from €734,024 to €808,911 in the year to April 2024, reflecting broader business expansion in property and services operations.

The acquisition underscores the strategic growth of managed residential assets in Ireland, particularly in areas of social support and temporary accommodation, providing insight into how private facilities management operators are integrating socially responsive offerings into their portfolios.

Discover the full details of Roughty Properties’ expansion and its impact on managed residential facilities in Ireland.

(Photo Credits to Irish Independent)