Davy seeks to raise another €50m to expand Dublin property portfolio
Davy is looking to raise €50 million for its flagship property fund after attracting €100 million of new investment.
The fund, which owns a number of high-profile offices and retail properties across Dublin, plans to use the cash to expand its portfolio.
Davy said the €100 million had allowed it to redeem the old AIB holding in the fund. It acquired investment firm Prescient, formerly AIB Investment Managers, a number of years ago, which had originally started...
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