‘Distressed’ property: Cerberus specialises in buying loans at heavy discounts secured against properties whose value has fallen dramatically. Photograph: Garry O’Neill

While it is not known yet whether US company Cerberus intends using the Republic as a base from which to manage the £13 billion (€18.5 billion(...)

Row centres on correspondence between Nama nd Independent TD Mick Wallace   Photograph: Eric Luke / The Irish Times

Barry O’Halloran and MICHAEL O’REGAN State assets agency Nama said on Thursday that independent TD Mick Wallace had falsely accused it of l(...)

“It is clear to me that the GalaCoral and Playtech shareholders are the big winners here with Ladbrokes shareholders once again paying the price of management ineptitude,” Dermot Desmond said. Photograph: Cyril Byrne/The Irish Times

Dermot Desmond will challenge Ladbrokes’s and Coral’s agreement to pay their partner Playtech €106 million, in a bid to have the pair’s €3.3 billion (...)

Minister for Finance Michael Noonan had said he was confident both administrations could work together with the potential buyer.

Minister for Finance Michael Noonan said in 2013 that there was “only one buyer” for the National Asset Management Agency’s Project Eagle properties (...)

US company Cerberus bought the £300 million-plus owed by Paddy Kearney’s Kilmona Holdings from Nama as part of last year’s controversial Project Eagle deal. Photograph: Cyril Byrne

Developer Paddy Kearney’s property business had the interest payments on its loans slashed during the time that State agency Nama held the debt, its a(...)

Independent TD Mick Wallace told Taoiseach Enda Kenny that “we need to build social housing through the local authorities. Not until then will you solve the housing crisis.”  File photograph: Eric Luke/The Irish Times

A cartel of predominantly foreign investors are now controlling the rental market, it has been claimed in the Dáil. Independent TD Mick Wallace told T(...)

Mick Wallace: “I don’t know how I’m going to deal with it yet, but I’ll need legal advice first before I decide what to do”

Independent TD Mick Wallace has said he is taking legal advice after receiving a loan repayment demand for up to €2 million from Cerberus, the Unit(...)

The receiver sold the printing assets of Webprint Concepts  to a Key Capital-backed entity in the last 10 days.

Key Capital, the investment house that is majority owner of the Sunday Business Post, has taken control of Webprint Concepts, the Cork-based company t(...)

The Treasury Building, home to Nama, in Dublin. Photograph: Eric Luke / The Irish Times

The key architects of the deal that ultimately became Nama’s sale of its Project Eagle loans to US investor Cerberus last year were accountant David W(...)

Northern Ireland’s Democratic Unionist Party leader Peter Robinson is scheduled to appear before the Stormont inquiry on Wednesday.  Photograph: Getty Images

Nama’s refusal to come before the Stormont inquiry into the sale of its Northern Ireland loan portfolio is becoming “increasingly untenable”, accordi(...)