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.

Do you want exclusive news and analysis about private equity deals, fundraising, top-quartile managers and more? Get your FREE trial to Buyouts! Or subscribe now!

Sign up to our Newsletter

Receive updates from our PE HUB Wire and Top Stories of the Week newsletters:

We will not send you spam, and we don't share your email address with 3rd parties.