Avenue Capital/DRES
Transaction details
The proposed acquisition by certain funds managed or advised by Avenue Europe International Management, L.P., and sub-advised by Avenue Europe Management LLP, of joint control of DRES Holdings Limited has been cleared by the Competition and Consumer Protection Commission.
Case details
- Notification date:3 December 2025
- Publication date:3 December 2025
- Economic sector:Construction - F
- Economic sub-sector:Residential & commercial building - F.41
- Request for information:Yes
- Outcome:Cleared
Documents
M.25.083 DeterminationPDF | 682 KBM.25.083 Determination PDF | 682 KB - Opens in new window
Timetable
Parties Involved
Avenue Capital Group
Avenue Capital Group is a global investment firm that was founded in 1995 by Marc Lasry and Sonia Gardner. The firm is primarily focused on specialty lending, opportunistic credit and other special situations investments in the United States, Europe and Asia. In the State, Avenue Capital Group is active in lending for real estate development.
DRES Holdings Limited
DRES Holdings is a holding company for the D/RES group of companies. D/RES is active in the planning, construction and sale of housing and ancillary commercial property developments in the Greater Dublin Area. In particular, D/RES is involved in the planning, construction and sale of housing and ancillary commercial property and holds a number of development sites which will be developed in the future.
Contacts
