CarVal makes €75m from flipping loans bought in Ulster Bank exit
Minneapolis-based debt manager paid €268m in 2023 to buy a portfolio of loans valued at €690m by the bank
Distressed sale
US investor to offload Cork’s Blackpool Shopping Centre at heavily discounted €49.5m
Varde Partners paid €115m to secure ownership of 300,000sq ft scheme as part of wider retail investment portfolio in 2014
Bids on North Dock offices fall hopelessly short of €130m sought by receivers
Nama and Oaktree Capital set to have investment in Dublin docklands scheme wiped out while senior lender likely to take hit
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