Growth of property-related lending in Ireland slowed down in the final months of 2007, figures from the Irish central bank show. The central bank's sector breakdown indicates that lending for commercial property and construction reached EUR 105.8 bn at the end of 2007, up EUR 22.5 bn on the year. Taking mortgage lending into account, total property-related lending in Ireland at the end of 2007 amounted to EUR 246 bn.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
