The Cosgrave Property Group has exited Nama following the refinancing of its remaining loan facilities with the State agency. The deal brings to an effective end the Cosgrave Property Group’s decade-long association with Nama. With the support of Nama the Cosgrave Property Group built 719 houses and 1,885 apartments, as well as significant commercial and amenity projects. While the Cosgrave Property Group has pursued the sale of large-scale apartment projects to institutional investors over recent years, it continues to cater for the owner-occupier market. Deloitte acted as advisor to the Cosgrave Property Group on the refinancing of its Nama loans, with Sheehan & Company, McCann FitzGerald and DWF acting as legal advisors.

Source: The Irish Times October 31, 2020 11:15 UTC