This is the full-time flash report of the Allsop/Space auction held in the Shelbourne Hotel in Dublin today. The half-time report is shown below at the bottom of this entry. Out of 87 lots advertised in the auction catalogue, five were withdrawn and of the remainder, 77 were sold and five did not reach their [...]
Archive for July 7th, 2011
Allsop distressed property auction No 2 – the results
Posted in Irish Property on July 7, 2011 | 7 Comments »
“Clairvoyants” and “Oligarchs” – EU leaders have a hissy fit at Moody’s downgrading of Portugal
Posted in Banks, IMF, Irish economy, Politics on July 7, 2011 | 6 Comments »
On Tuesday evening this week, ratings agency Moody’s downgraded Portugese sovereign debt by four notches to a junk bond rating, with a negative outlook meaning further downgrades may be in the offing. Yesterday, the cost of borrowing for Portugal rocketed, as did Ireland’s. Moody’s emailed Bloomberg yesterday who reported “Moody’s Investors Service said today that [...]
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Recent Posts
- Northern Ireland’s residential property price collapse – the worst in the world?
- Are we recovering?
- NAMA’s report and accounts for Q4,2011
- 30-minute guide to the ESM and Fiscal Compact treaties
- Fiscal Compact referendum – final weekly review
- NAMA in negotiations to build major new office block in central Dublin
- NAMA tackled about its protocols for the disposal of assets amid concern at Cork sale
- Of the Week..
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Recent Comments
JP on Northern Ireland’s residential… Jake Watts on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… who_shot_the_tiger on Northern Ireland’s residential… gerhard dengler on Are we recovering? Twitter Updates
- @OwenCallan Thanks! How many negatives make for a downgrade, I suppose. An Taoiseach says it *will* be just one more. 1 hour ago
- Northern Ireland’s residential property price collapse – the worst in the world? wp.me/pNlCf-2Es 7 hours ago
- @brianmlucey @declanganley @GTCost The IRL experience is that some patients should be let die. 9 hours ago
- @joehas @declanganley @brianmlucey @GTCost I get the impression it's forcing itself back on the table after Bankia. 9 hours ago
- @declanganley @brianmlucey @GTCost You set up a NAMA to suck out the poison OR hope the patient fends for themselves OR let the patient die 9 hours ago
- @OwenCallan Hi Owen! Has any ratings agency said it *will* downgrade IRL if there is a no vote;All S&P said no wd be credit neg in s-term 11 hours ago
- PIIGS yields mixed;SPN/ITA up at 6.5/5.7% as Bankia gets €19bn bailout; what’s SPN for “cheapest bailout in history” wp.me/PNlCf-19r 15 hours ago
- @YJB57 You never know! Peter Mathews giving a candid assessment of the Compact before Thursday could just be this vote's black swan event. 16 hours ago
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