German investor pays €50m for Dublin docklands office block, roughly half the sale price in 2018
Price secured on behalf of receivers Deloitte represents 53% fall from €106.5m paid for building in 2018
Helaba
Dublin docklands office block let to WeWork being readied for sale at knockdown price
Savills engaged by receivers to recover monies owed to German lender by South Korean owners of No 2 Dublin Landings
UniCredit to quit the IFSC after 26 years
Irish unit posted €42m net profit last year, 72% ahead of of internal forecasts
Depfa sees fresh bid interest from Apollo and JC Flowers
The German lender based in Dublin has also drawn interest from hedge funds
Depfa is ‘structurally lossmaking’ agencies say ahead of sale
Revenue of Irish-based German bank insufficient to cover costs, Moody’s and S&P note
Bank working to restart construction on six State schools
Funder exploring options after original builder Sammon went into liquidation
Bank hopes to restart stalled €100m school-building project
MUFG says it is exploring solutions to continue construction of six southeast schools
Business crumbles for Sammon despite surviving recession
Effect on school building projects illustrates problems of relying on overseas funding
Fears for schools as builder Sammon is liquidated
Department of Education must hire replacement for separate Maynooth contract
Sammon to be liquidated following Carillion ‘perfect storm’
Kildare-based company employs 200 people in Kilcock
Competition to build schools, Italian bonds, and boosting the household budget
Business Today: the best news, analysis and comment from ‘The Irish Times’ business desk
New rivals to build and run schools left unfinished after Carillion collapse
State’s National Development Finance Agency says schools and Institute of Education must be ready for new academic year
Bank of America Merrill Lynch retrenches further
Dublin-based bank reported €22 million loss in 2015, down from €14 million profit in 2014
Subsidiary of Germany’s DZ Bank closes with loss of 20 jobs
Departure from IFSC is one in series of German banks withdrawing from Dublin
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