Walls of Money: Financialisation of the Irish City

Denis Linehan

Walls of Money: Financialisation of the Irish City

Denis Linehan

School of the Human Environment

Research output: Contribution to specialist publication › Article

Abstract

In 2014, NAMA completed €7.8bn worth of land and property to a multitude of global equity funds: Cerberus Capital Management, Blackstone, Deutsche Bank, Patron Capital, Lone Star and Car Val Investors. Another €12.9bn is likely to move through NAMA’s books in 2015. This process pulls global equity funds into Irish suburbia, particularly as a significant segment of NAMA’s portfolio is residential.Set beside the shocks of austerity, these enormous financial transactions have significant implications for both the management of the city and how its future is imagined.

Original language	English (Ireland)
Pages	1-5
Number of pages	5
Volume	10
No.	1
Specialist publication	2ha Suburbia + Architecture,
Publisher	Institute Architecture Ireland
Publication status	Published - 7 Jul 2015

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Walls of Money: Financialisation of the Irish City

Abstract

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