The construction company is facing a potential winding up order in the Irish courts after a clash with John Magnier, the Republic’s seventh-richest man. Laing O’Rourke has failed to pay €3.5m (£3.1m) awarded to Magnier in a court ruling last week.
CBRE has acted as debt advisor for Meyer Bergman and BCP Asset Management in obtaining a loan worth over €100m to finance a speculative development site in Dublin’s city centre.
Mayfair Capital’s Property Income Trust for Charities (PITCH) has acquired office space at 3 Capital Quarter in Cardiff city centre.
WeWork’s board has approved investor SoftBank’s multi-billion dollar rescue deal, which will see the telecoms giant assume control of around 80% of the struggling business.
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