TITLE

McALeer & Rushe strikes Nama debt deal

PUB. DATE
May 2012
SOURCE
EG: Estates Gazette;5/26/2012, Issue 1221, p33
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports that McAleer & Rushe Ltd. has agreed a deal with the Ireland's bad bank Nama to purchase the debt backing an undeveliped office scheme close to Leeds, England station. It says that McAleer & Rushe supported that a portion of its 61 million pounds of borrowings had been transferred to Nama. It also mentions that the purchase of loans gives the company an exclusive control on the site.
ACCESSION #
77388504

 

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