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Investec Structured Property Finance has provided Irish developer Ballymore’s first loan since it exited the Irish National Asset Management Agency in a deal which also marks Investec’s return to investment lending since 2006.
Ballymore has struck a deal with a Malaysian investor that will see it recoup £428m and allow it to pay back a substantial amount of its debt to NAMA, as tipped by Real Estate Capital.
Deal would result in major NAMA repayment
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