VAM issues €10m bond in bid to develop thousands of urban homes

VAM issues €10m bond in bid to develop thousands of urban homes

Irish-owned investment firm Value Asset Management has issued a €10 million bond in its effort to raise its stated target of €150 million to develop thousands of houses in Dublin’s commuter belt.

It’s the latest in a series of efforts by VAM – founded by Irishman Peter Mulligan – to raise funds to lend to mid-sized Irish developers.

Mulligan told The Sunday Business Post that funding for house building is “bereft” and that the funds raised through...

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