Sunday October 25, 2020

Lloyds forecloses on 23 sites of Galway developer

The British lender Lloyds has foreclosed on more than 23 properties and sites amassed during the boom by Stephen Harris, one of the biggest developers in the west.

15th September, 2012

The British lender Lloyds has foreclosed on more than 23 properties and sites amassed during the boom by Stephen Harris, one of the biggest developers in the west.

The bank moved last week to reduce its exposure to Harris, appointing receivers to the various properties. It is understood the portfolio, which has debts of between €25 million and €40 million, includes commercial developments, residential properties and sites. Accountants from KPMG have been installed as receivers, and...

Subscribe from just €1 for the first month!

Exclusive offers:

All Digital Access + eReader

Trial

€1

Unlimited Access for 1 Month

Then €19.99 a month after the offer period.

Get basic
*New subscribers only
You can cancel any time.

Annual

€200

€149 For the 1st Year

Unlimited Access for 1 Year

You can cancel any time.

Quarterly

€55

€42

90 Day Pass

You can cancel any time.

2 Yearly

€315

€248

Unlimited Access for 2 Years

This product does not auto-renew

Team Pass

Get a Business Account for you and your team

Share this post

Related Stories

The best writing and and the biggest stories of 2019 from the Business Post

Richie Oakley | 9 months ago

Denis O’Brien is back in court, residents continue to fight the Council on halting site and a row surfaces in government over rent control proposals

Leanna Byrne | 5 years ago