Monday August 10, 2020

Commercial market has a Friday flurry

The Irish commercial market ended the week in a flurry of activity with Nama leading the charge.

4th April, 2014
The commercial property market ended the week in a flurry.

The Irish commercial market ended the week in a flurry of activity with Nama leading the charge this morning with news it has sold its Northern Irish Project Eagle portfolio of loans to US private investment firm Cerberus Capital Management.

While it is understood that Nama paid €1.3 billion for the package of loans linked solely to the portfolio, it has not been disclosed how much it sold it on to the New York investment...

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