British fund seeks toxic assets from non-Nama banks

A British property fund has approached a number of Irish based banks which are not covered by the National Asset Management Agency (Nama), expressing an interest in acquiring certain residential property assets from their books.

31st October, 2009

A British property fund has approached a number of Irish based banks which are not covered by the National Asset Management Agency (Nama), expressing an interest in acquiring certain residential property assets from their books.

Aisling Financial has expressed an interest in acquiring residential complexes and schemes around Ireland through a vehicle called Ashling UK Homes Fund. The fund has declared an interest in housing and apartment schemes in the major cities and a number...

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