A joint bid from Goldman Sachs and CarVal Investors, as well as an approach by Cerberus Capital Management, are understood to have made the shortlist for one of the largest loan portfolios ever put up for sale by NAMA.
The National Asset Management Agency is understood to have has selected a shortlist of five for its €2.4bn Project Jewel loan portfolio, which includes loans relating to a number of Dublin shopping centres.
The National Asset Management Agency is embroiled in a dispute with a Czech property company that says it was excluded from the €80 million sale of an asset, despite claiming it would bid the highest price, according to The Irish Times.
Fianna Fáil leader Micheál Martin has asked the Taoiseach to agree to establish a commission of investigation into the sale of the property loan book in Northern Ireland by the National Asset Management Agency.
The multimillionaire wife of bankrupt property developer Seán Dunne planned to use the money from the sale of a €19 million South Africa hotel to pay for a €7 million property in the UK, a Cape Town court was told.