Will funds join the fight for €4.75m Cork residential development land? 

Nama is selling Cork suburban house-building land which was once valued at €30m, as part of a far-larger holding

Return to tender: land sale at Garranedarragh Bishopstown expected to be 'Dunnes and dusted' after June tender sale deadline via agents CBRE

RESIDENTIAL development land on the edge of Cork’s western suburbs has come to market for Nama, with keen bidding competition expected from both private housing and from the increasingly active social housing sector.

Interest also may come from large, cash-rich funds who have become a significant player in the market, instanced by the strategic purchase of Cork land at Stoneview, Blarney last month for €7m by Elkstone Partners.