The €60 million Moyvalley hotel and golf resort in Co Kildare has become the latest golfing casualty of the downturn, as Irish Nationwide Building Society has seized possession of the 550-acre resort.
The building society has foreclosed on the property, as well as a related course in Co Westmeath, the New Forest Golf Club. Both Moyvalley and New Forest are owned by Eassda, the property development firm owned by Alastair Jackson.
The lender last week...
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