Saturday November 23, 2019

Forward funding paves the way for investors

JP Morgan’s €125 million deal and interest in Honeypark, Dún Laoghaire, point to momentum for forward funding

21st May, 2017

A computer-generated image of Spencer Place: a mixed-use development is planned for the north Dublin docklands area

Forward funding of new office and residential developments on the Dublin market is gathering momentum. Last week, US bank JP Morgan did a €125 million deal for one of the office blocks which Kennedy Wilson is developing with Nama at Capital Dock in Dublin’s south docklands.

Meanwhile, Ken MacDonald of Hooke and MacDonald reports good interest from investors in the forward funding of two apartment blocks which Cosgrave Brothers is developing at the...

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