Although this story was reported in the Sunday Business Post last weekend, what was omitted from that newspaper’s article was the involvement of NAMA in the appointment of the receiver. The Killerig Resort and Golf Resort Hotel in Carlow is now subject to a NAMA receivership with Aiden Murphy of Howarth Bastow Charleton performing the role of NAMA statutory receiver. The hotel resort continues to trade as usual and like many hotels inIreland at present, both NAMA and non-NAMA, offers what looks like some very good value deals.
According to the Sunday Tribune, the 42-bedroom, four-star hotel set on 130 acres is now being run day-to-day by Westpro Management Solutions. The owner of Killerig is Killerig Hotel Limited, most associated with Paul Browne who also owns theKilkeaCastleresort in Kildare.
This would appear to be only the second time that Howarth Bastow Charleton has been appointed as a receiver by NAMA. NAMA board member, Brian McEnery is a senior partner at the firm of insolvency specialists. Brian was also Michael Noonan’s director of elections forLimerickin the recent general election.
Remember that there is a regularly updated spreadsheet showing all of NAMA’s receiverships maintained under the Developers TAB, or directly accessible here.
NAMA Wine Lake 