We learn from today’s Iris Oifigiuil that NAMA has had receivers appointed to assets at twop companies, both of which have been financially embattled for some time. NAMA has had Liam Dowdall of Smith & Williamson Freaney appointed as receiver to the following assets at P Elliot & Company Limited
(1) 133 and 134 New Seskin Court, Tallaght, Dublin 24, and the rents and profits deriving therefrom
(2) 305 Harbour Point Business Park, Little Island, Cork;
(3) Apartment 90, Block B, Temple Court, Northwood, Santry
(4) No. 17, Knightsbrook Park, Trim, County Meath
and the rents and profits deriving therefrom
P Elliot had receivers and liquidators appointed in June 2011 at the behest of non-NAMA creditors.
NAMA has also had Liam Dowdall of Smith & Williamson Freaney appointed as receiver to an unidentified property – looks like a development site – owned by NORTHWOOD (RESIDENTIAL) LIMITED in Dublin. Northwood is already in receivership. Its directors are listed as William Kilmurray (64), Ben Underwood (63) and Anthony Donnelly (48). It is owned by John Shiel (12.5%), Globe Estates Limited (37.5%) and AWG Property Developments (Ireland) Limited (50%. Globe Estates Limited is owned by William Kilmurray. AWG Property Developments (Ireland) Limited. AWG is owned by Northern Ireland company AWG which is showing as a “closed company” though its former directors include Paul Devine, Stephen Kelly and Lesley Anne Wallace.