| 22°C Dublin

Close

Premium

Starwood Property Trust gains $120m on sale of Irish portfolio

 

Close

'The portfolio of offices included the Watermarque building.'

'The portfolio of offices included the Watermarque building.'

'The portfolio of offices included the Watermarque building.'

Starwood Property Trust, a US-based property investment firm, has reported a near-$120m (€108m) gain on the €530m sale of its Irish portfolio in December.

It is believed the gain relates to the sale of its portfolio of five prime Dublin office assets, which had an indicative value of around €530m. Blackstone, a US-based private equity giant, acquired the offices, known as the Cedar portfolio.


Most Watched





Privacy