How funds flipped Nama’s Irish assets and managed to make a killing for themselves

1 Warrington Place

O

ne Warrington Place, Dublin 2: formerly owned by David Arnold. Sold by Nama on May 2012 to Northwood Capital for €27.4 million. Northwood sold on to Irish Life for €42 million in July 2013. Percentage difference between sales: 53.28 per cent.

Riverside 2, Sir John Rogerson’s Quay: formerly owned by an Irish consortium. Sold by Nama ...