Carroll’s Tallaght scheme written down by 66%

The financial hole at the centre of Liam Carroll’s former property empire has been exposed by new documents showing that one of his largest developments has been written down in value by almost 70 per cent.

2nd October, 2010

The financial hole at the centre of Liam Carroll’s former property empire has been exposed by new documents showing that one of his largest developments has been written down in value by almost 70 per cent.

Carroll’s Tallaght Cross West development in west Dublin, which includes 600 apartments, a hotel, several retail sites and a 1,600 space car park, had a net book value of €141 million at the peak of the boom. But...

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