NAMA appoints receiver to some properties owned by Sean Dunne

A number of properties owned by the developer Sean Dunne have had a receiver appointed by NAMA.

THE NATIONAL ASSET Management Agency has appointed a receiver to some of the properties owned by the developer Sean Dunne.

NAMA has acquired some €350 million of Dunne’s loans from Irish banks. It is understood that Paul McCann of Grant Thornton will act as receiver, RTÉ reports.

The properties included in the receivership are Hume House in Ballsbridge - which was bought for €130 million in 2006 – and properties at the Docklands, Sandymount, Rathfarnham and Herbert Street. However, the former Jury’s Hotel in Ballsbridge is not included in the process.

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Jennifer Wade

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