US syndicate to invest further €150 million into Irish property

Lotus Investments is backed by the syndicate led by Israeli hedge fund mogul David Grin

17th April, 2016
Ian Lawlor, a director of Lotus

A US syndicate of high net worth investors is set to pump another €150 million into its Irish real estate play, company executives have told The Sunday Business Post.

Lotus Investments, the high-interest lender, is backed by the syndicate led by Israeli hedge fund mogul David Grin. The lender has already advanced €100 million to Irish property developers since opening its doors here three years ago.

The plan is to invest the extra funds into...

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