International funds oil the wheels for Irish developers

International funds investing here no longer confine their focus to high yielding prime office investments.

8th June, 2014
The Digital Hub in Dublin 8: Oaktree has been funding residential housing development for students in the area.

One of the excuses for the lack of house building activity in the greater Dublin area had been the lack of development finance from banks. But in recent weeks, property experts point to a range of international funds which are willing to partner and co-invest with Irish developers, writes Donal Buckley.

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International funds investing here no longer confine their focus to high yielding prime office investments because those yields have been reduced as competitive bidding...

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