Cerberus earlier this month agreed to buy a €1 billion portfolio, consisting of 2,200 customer loans, from AIB

Cerberus, the US distressed debt giant that recently acquired a €1 billion portfolio of non-performing loans from AIB, has raised $5.1 billion (€4.53 (...)

Property developer Seán Dunne and his wife, Gayle Killilea.

Bankrupt developer Seán Dunne and his wife Gayle Killilea are among dozens of potential witnesses listed to testify at next month’s trial of the legal(...)

Minister for Finance Paschal Donohoe.Photograph: Dara Mac Dónaill

The Minister for Finance Paschal Donohoe has ruled out suspending the work of Nama pending the final report of the investigation into the sale of the (...)

 Cairn Homes construction site: three founding directors raised €22.8 million by selling 17 million shares they’d secured since its 2015 flotation. Photograph: Chris Ratcliffe/Bloomberg

Having lost 43 per cent of its value in 2018, Cairn Homes’ share price recovery in first few months of this year was impressive – fuelled in no small (...)

Glenveagh founders  Justin Bickle, John Mulcahy and Stephen Garvey in Dublin. Photograph: Dara Mac Dónaill

Glenveagh Properties’ three founding executive directors received €23.7 million in stock and remuneration in 2018, the company’s first full year as a (...)

Kyle Rothwell has been appointed as head of investment properties at CBRE

CBRE has appointed Kyle Rothwell as head of investment properties. A member of the Society of Chartered Surveyors and the Royal Institute of Charter(...)

Seven years ago, Sean Quinn junior was about to get married. He was also facing jail for contempt over a €455 million asset-stripping scheme across s(...)

‘We totally bought into Ireland’s growth story,’ says Simon Kelly of Redquartz of the mood before the crash. Photograph: Chris Ratcliffe/Bloomberg

It was the tie that gave it away. Paddy Kelly, one of Ireland’s biggest developers, and his son Simon had just visited the headquarters of Anglo Irish(...)

A consortium led by David McCourt is on track to win the tender for the national broadband plan, according to the Sunday Times. Photograph: Jason Clarke

A consortium led by David McCourt is on track to win the tender to deliver high-speed broadband to rural Ireland, the Sunday Times reported, adding (...)

IBRC, formed from the remains of Anglo Irish Bank and Irish Nationwide Building Society, was the first Irish entity to engage in the large-scale sale of non-performing loans. Photograph: Matt Kavanagh

The State’s recession-era involvement in the financial sector cost billions and will have an impact for years to come. From bailouts to nationalisatio(...)

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