Cerberus

216 results

Permanent TSB had the highest level of non-performing loans in the Republic last June, at 28 per cent.  Photograph: Bryan O’Brien

Permanent TSB has put as much as €4 billion of non-performing mortgages up for sale under its so-called Project Glas portfolio, triple the amount prev(...)

PTSB said it had pressed the start button on the sale of a portfolio of loans known as Project Glas as it seeks to lower its level of non-performing loans. Photograph: Alan Betson

Overseas private-equity and hedge funds are currently circling as much as €11 billion of Irish loans, mainly mortgages, that have been put in the mark(...)

Land Registry and Registry of Deeds records show loan charges totalling more than €1.5 million were registered against properties owned or co-owned by Paul Howard. Photograph: Padraig O’Reilly

Businessman Paul Howard, the landlord at the centre of an eviction row with tenants at an apartment on Mountjoy Square in Dublin, had a succession of (...)

Nama chairman Frank Daly and chief executive Brendan McDonagh have been forced to defend the agency’s decision to sell its Project Eagle loans in Northern Ireland to Cerberus. Photograph: Matt Kavanagh

New figures show the US vulture fund that bought the National Asset Management Agency’s Northern Ireland property loans in a controversial deal had co(...)

Mick Wallace:  has consistently raised questions in the Dáil over Cerberus’s €1.6 billion purchase of  Nama’s Northern Ireland loans in 2014

A company used by vulture fund Cerberus to buy property loans from Ulster Bank paid almost €3.5 million to the State last year as new tax rules for su(...)

 Frank Cushnahan: According to Frank Connolly’s book, Chinese investors secretly approached by Mr Cushnahan were prepared to pay £1 billion for some of Nama’s loans.

Chinese investors secretly approached by former National Asset Management Agency adviser Frank Cushnahan were prepared to pay £1 billion for some of t(...)

An aerial image of the Belfast city centre site on which the planned regeneration project will take place, if it gets the go ahead.

A London-based property company, which bought an 11-acre site in Belfast from vulture fund Cerberus last year, has submitted plans for a £400 million (...)

Alitalia remains saddled by high overhead costs - including personnel as well as aircraft leasing contracts - and heavy competition from low-cost airlines on its short- and medium-range routes.

Cerberus Capital Management, the US private equity group, has approached Alitalia about a bid that would allow Italy’s troubled flag carrier to remain(...)

Mr Justice John Cooke’s commission will pay up to €780 towards the cost of various affidavits in its investigation of Nama’s sale of the Project Eagle loans to Cerberus. Photograph: Alan Betson

Lawyers representing witnesses called before the latest investigation of the National Asset Management Agency’s sale of its Northern Ireland loans wil(...)

New housebuilder Glenveagh Properties is expected to float next month.

Glenveagh Properties, the new Irish homebuilder backed by US private equity firm Oaktree that is being prepared for flotation, is now poised to raise (...)

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