Nama to shift O'Farrell loans

Nama, the state's bad bank, is gearing up to sell €250 million in loans connected with Irish property developer Brian O'Farrell, as it seeks to capitalise on the growing international appetite for Irish assets.

Ian Kehoe - avatar

Ian Kehoe

9th February, 2014

Nama, the state's bad bank, is gearing up to sell €250 million in loans connected with Irish property developer Brian O'Farrell, as it seeks to capitalise on the growing international appetite for Irish assets.

The agency will bring the loans to the market in the coming week. Bloomberg, the international news wire, reported last week that the portfolio will be known as Project Drive.

The loans are linked to properties owned by developer Brian O'Farrell...

Subscribe from just €1 for the first month!

Currency

What's Included

With any subscription you will have access to

  • 971569B3-2C5E-4C45-B798-CEADE16987A8

    Unlimited multi-device access to our iPad, iPhone and Android Apps

  • 099C8662-C57C-42F2-9426-F2F90DF17C8F

    Unlimited access to our eReader library

  • 198AE43B-B9CF-4892-8769-D63C2104BA08

    Exclusive daily insight and opinion seven days a week

  • D8F37B78-25E4-4E4A-A376-4F5789B1564A

    Create alerts to never miss a subject that matters to you

  • B15F2521-37CD-4E02-B898-730A20D39F7F

    Get access to exclusive offers for subscribers on gifts and experiences

  • A564FE02-1AB8-4579-AF9D-BA32A2E5ACA7

    Get content from Business Post, Business Post Magazines, Connected, Tatler and Food & Wine

Share this post

Related Stories

The year in review

Newsround: What Thursday’s papers say