Nama sale of Dundrum Town Centre completed

The sale of the Dundrum Town Centre to UK property development company Hammerson, and Allianz Real Estate, as part of a portfolio of assets worth €1.85bn has been finalised.

Nama sale of Dundrum Town Centre completed
Sat, 09 Jul, 2016 - 01:00
Peter O’Dwyer

The joint venture of Hammerson and Allianz Real Estate were chosen as preferred bidders for Nama’s Project Jewel portfolio of assets, which included the Dundrum shopping centre.

The loans had a par value of €2.6bn, although the price Nama paid to acquire them is unknown.

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CourtsNamadundrumSaleBusinessFinanceEconomyPlace: Dundrum Town CentrePlace: UKPlace: DundrumPlace: PavilionsPlace: Dublin CentralPlace: SwordsPlace: Ilac CentrePlace: DublinPlace: IrelandPerson: HammersonPerson: David AtkinsOrganisation: NAMAOrganisation: HammersonOrganisation: Allianz Real Estate
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