| From Ukbusinessproperty.co.uk: Irish property developers are continuing to cash out on London’s resurgent property market, with Cork developer Owen O’Callaghan set to be the latest to bank a multi-million profit following the sale of a Mayfair office block for £48.1 million .
Mr O’Callaghan, who has been a prominent critic of the National Asset Management Agency (Nama), is expected to pocket more than £15 million from the transaction after the 7 storey building at 18-20 Grafton Street, fetched £3.1 million over the asking price..............................................Full Article: Source
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