OPINION: Kennedy Wilson cash could give Nama the giggles

If you happened to be close to Nama's offices when Kennedy Wilson announced its £910m share issue, you might have heard an excited giggle, writes Philip Connolly.

Kennedy Wilson snapped up the Gasworks development in South Dublin.

If you happened to be in the vicinity of Grand Canal Dock this morning and listened very closely, you might have heard an excited giggle coming from the offices of the National Asset Management Agency (Nama).

As the great sell off of distressed Irish property continues unabated, the most active player in the market has just come in to a lot more cash.

The news just in from London is that Kennedy Wilson ...