Receiver appointed to 12 properties in Ronan Group over €142m debt | Business Post

  • 📰 businessposthq
  • ⏱ Reading Time:
  • 21 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 71%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

Receiver appointed to 12 properties in Ronan Group over €142m debt – SanzScript and LorcanAllen report.

Johnny Ronan: RGRE was due to repay the outstanding debt of €142 million in January of this year, but was not in a position to do so.

A receiver has been appointed to 12 properties within Johnny Ronan’s real estate group arising from a debt of €142 million, theRonan Group Real Estate confirmed to this newspaper that Grant Thornton had been appointed as receiver to a number of its properties, but said refinancing arrangements were at an advanced stage, which would enable the receivers to be discharged and for the firm to retain...

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

sanzscript LorcanAllen People need to realise these “businessmen” aren’t very good at their jobs they’re just good at manipulating the system to get other people to pay for their incompetence

sanzscript LorcanAllen Is Ahern still looking after him?

sanzscript LorcanAllen And the Ronan group are involved in the €200 million old glass bottle site in Dublin How Ireland works eh?

sanzscript LorcanAllen And here we go.!!! Ireland’s Property Crash V2.0 ...!!!

sanzscript LorcanAllen How is it that such individuals can seek to write down debts whilst at the same time continue to finance the development of new projects? Just asking.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 8. in MY

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Ronan Group presses on with plans for hundreds more apartments at Poolbeg | Business PostRonan Group presses on with plans for hundreds more apartments at Poolbeg, ConalThomas reports.
Source: businessposthq - 🏆 8. / 71 Read more »

Ronan Group presses on with plans for hundreds more apartments at Poolbeg | Business PostRonan Group presses on with plans for hundreds more apartments at Poolbeg, ConalThomas reports.
Source: businessposthq - 🏆 8. / 71 Read more »