Relm goes back for more as first €140m in finance snapped up

property fund launched by former AIB executives has already received huge inquiries

23rd April, 2017

Relm, the property fund launched this month by former AIB executives, expects to tap its US backer for a second investment round worth up to €200 million.

Paul Dowling, chief executive of Relm, said he expects the fund’s initial €200 million payload to be exhausted well in advance of the initial deadline of between 12 and 15 months.

Relm has already received €140 million in inquiries in the first weeks of operation, and it expects...

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