Revealed: the €2 billion development plan for Cherrywood

17th December, 2014

The two winning bidders for the biggest piece of development land to come to market since the economic crash plan to spend close to €2 billion developing it ,with house-building a priority, it is understood.

Hines, a family-run €23 billion developer, and King Street Capital, one of the world’s biggest hedge funds, are acquiring the 400-acre Cherrywood development site for more than €270 million from Nama, Danske and Lloyds.

Sources familiar with the...

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