Ireland’s NAMA sells loan portfolio to Blackstone-Reuters

(Reuters) – Ireland’s “bad bank” sold a portfolio of loans with a par value of 1.8 billion euros ($2.5 billion) to Blackstone Real Estate Partners Europe IV, it said on Monday.

The National Asset Management Agency (NAMA), which is one of the world’s largest property groups, said the assets were mainly in Ireland, Britain and Germany and terms of the deal were not disclosed.

Leave a Reply

PEHUB Community

Join the 12505 members of peHUB to make connections, share your opinion, and follow your favorite authors.

Join the Community

Look Who’s Tweeting

PE HUB News Briefs

RSS Feed Widget

VCJ Headlines (subscribers only)

RSS Feed Widget

Buyouts Headlines (subscribers only)

RSS Feed Widget

Reuters VC and PE feed

RSS Feed Widget