Nama, the state’s bad bank, intends to put a portfolio of hotels up for sale in the coming weeks, as the agency seeks to capitalise on the frenzied investor demand for distressed Irish assets.
Brendan McDonagh, the chief executive of Nama, said the hotel portfolio formed part of a Nama strategy to bring €250 million worth of fresh product to the market each quarter to satisfy investor appetite.
McDonagh was speaking at The...
Subscribe from just €1 for the first month!
All Digital Access + eReader
Unlimited Access for 1 Month
Then €19.99 a month after the offer period.
€149 For the 1st Year
Unlimited Access for 1 Year
90 Day Pass
Unlimited Access for 2 Years
Get a Business Account for you and your team