The rough diamonds in Project Jewel
Nama’s latest loan sell-off includes the Dundrum Town Centre, but the Carlton and the old Dundrum shopping centre may be the real draws, writes Donal Buckley
While Dundrum with its billion euro plus valuation is considered to be the trophy in Project Jewel, it may well be the rough diamonds in the portfolio that will decide which bidder has the cutting edge to win the bidding battle.
The two rough diamonds in the Project Jewel/Chartered Land portfolio created by Joe O’Reilly are the Carlton site and the old Dundrum shopping centre.
Last month, Joe O’Reilly’s company Lenridge submitted...
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