British Property Award Winner 2017 & 2018
The receivers were appointed by Nama – the Irish National Asset Management Agency – after Glenkerrin failed to repay £650million in loans.A decision will be made on Tuesday on the fate of Glenkerrin UK, in turn spelling out the future of the City Pride site.It is believed Glenkerrin paid £64.9million for City Pride’s site and a linked site at Island Point further down Westferry Road.
It planned to build 430 residential units at the City Pride site and 189 at Island Point.Glenkerrin UK was unable to be contacted today.
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