German insurer Allianz has announced a multi-million euro investment in the Irish Property Unit Trust.

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

A new Ireland-based property investment firm is to raise around €350m from a dual share listing in Dublin and London and begin establishing a portfolio next year.

The person hired by the Irish Stock Exchange to promote Irish companies listing on the exchange has left the position after seven months.

PENSION investors should consider switching their investments from cash back into the property market, according to one prominent financial services executive, due to the increasingly attractive values in the marketplace.