New York-based Marathon Asset Management has reportedly acquired a 588-apartment portfolio in Dublin for almost €120 mln.

New York-based Marathon Asset Management has reportedly acquired a 588-apartment portfolio in Dublin for almost €120 mln.

Dubbed the 'Plum Portfolio', the assets are located at seven schemes around the city.

Irish bad bank Nama put the portfolio on the market in October 2014 with an asking price of around €116 mln, the Irish Independent newspaper reported.

The assets are at Beechwood Court in Stillorgan, Time Place on Corrig Road in Sandyford, Lad Lane in Dublin 2, Heywod Park in the Northwood development in Santry, Northern Cross on the Malahide Road, and part of the Waterside development, which is also on the Malahide Road in north Dublin.