It’s two for the money with Lone Star’s €5bn in Irish assets
Texas-based Lone Star is taking a twin-track approach to maximising returns from the extensive commercial and residential loan portfolios it acquired, writes Donal Buckley
Lone Star, the Texas-based group founded by billionaire financier John Grayken, appears to be adopting a twin-track approach to achieving returns from the €5 billion it is understood to have invested in Irish assets in the past four years across ten transactions.
One report suggests that the loans acquired from Nama and Irish-based financial institutions may at one stage have had a face value of €13 billion. But Lone Star’s investments are not confined purely...
Subscribe from just €1 for the first month!
What's Included
With any subscription you will have access to
-
Unlimited multi-device access to our iPad, iPhone and Android Apps
-
Unlimited access to our eReader library
-
Exclusive daily insight and opinion seven days a week
-
Create alerts to never miss a subject that matters to you
-
Get access to exclusive offers for subscribers on gifts and experiences
-
Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine
Related Stories
The year in review
The best writing and and the biggest stories of 2019 from the Business Post
Newsround: What Thursday’s papers say
Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals
More cycle routes, expansion of Luas to Bray and new bus network proposed
Greater Dublin Area draft Transport Strategy published
