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Investors slam State lockdown of construction work

A UK-based private equity firm has warned Mac Group over Dublin delays

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Pressure is mounting on Irish construction firms from international backers and financiers over stalled projects because of the continued shutdown of the sector.

London-based Valorem Investment Partners warned Irish contractor Mac Group that the inactivity on its major 120,000 square foot mixed use development site at Newmarket Square in Dublin 8 was having a “massively detrimental effect” on the project.


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