Nama moves on Galway developer

The National Asset Management Agency (Nama) has foreclosed on a €120 million portfolio of assets built up by Stephen Harris, one of the biggest developers in the west of Ireland.

Ian Kehoe - avatar

Ian Kehoe

21st July, 2012

The National Asset Management Agency (Nama) has foreclosed on a €120 million portfolio of assets built up by Stephen Harris, one of the biggest developers in the west of Ireland.

In the past few days, the state agency moved to appoint receivers to more than 100 individual properties and sites amassed by Harris during the boom. The receivers were appointed over personal assets, and not through a specific company.

Kieran Wallace and Patrick Horkan, accountants with...

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