Derry-based property and house-building group Taggart Holdings has targeted Poland as a possible first move into central Europe, Property Week reported. The group is already involved in a commercial development in Luxembourg. It is now also active in the US market following the acquisition of a small development site at Naples, Florida.

Derry-based property and house-building group Taggart Holdings has targeted Poland as a possible first move into central Europe, Property Week reported. The group is already involved in a commercial development in Luxembourg. It is now also active in the US market following the acquisition of a small development site at Naples, Florida.

The company saw pre-tax profits rise 34% to a record EUR 25.2 mln in 2006 on the back of solid growth across all of the group's activities in Ireland and the UK. Turnover more than doubled to EUR 134 mln due largely to the acquisitions last year of Hartlepool house builder Yuill and Goodbody Private Clients.