Economics
Brexit Jobs Spur Dublin Real Estate Boom
- Mortgage-backed securitization oversubsribed, lender says
- Next security sale will be boosted by arrival of financiers
Ballsbridge, Dublin.
Photographer: Jason Alden/BloombergThis article is for subscribers only.
Bankers and lawyers relocating to Dublin while Brexit reshapes London’s financial industry are fueling a property boom that’s got the attention of debt investors.
Dilosk Ltd, which lends to buy-to-let investors in Ireland, is already planning another offering of securities repackaging its own mortgages after an inaugural deal last week, Chief Executive Officer Fergal McGrath said in an interview. That deal saw orders for three times the debt on sale.