Ex-Nama director joins IPUT board

A former director of Nama has been appointed to the board of one of the country’s leading commercial real estate funds.

Former head of asset management at Nama, John Mulcahy will join the Irish Property Unit Trust (IPUT) next month following his retirement from the state agency in January.

Trust chairman Frank Close said Mr Mulcahy’s experience will be valuable to the fund’s continued expansion.