Oaktree eyes Irish nursing homes investment

17th December, 2014

The $80 billion US fund manager Oaktree Capital is set to expand its Irish property footprint with a major play in retirement and student accommodation.

The US giant is backing a specialist vehicle for retirement accommodation and assisted living which has already started procuring sites in Dublin. The British based Pegasus Life plans to offer between 200 and 400 units per year in Ireland.

Pegasus Life has bought a site in Dalkey, Co Dublin, and is close to...

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