Ulster Bank seizes 100 acres of land from Caulfield firm

Ulster Bank has seized more than 100 acres of development land in north Dublin, after moving to act on combined debts of over €130 million.

27th April, 2013

Ulster Bank has seized more than 100 acres of development land in north Dublin, after moving to act on combined debts of over €130 million.

The bank has appointed receivers to a 70-acre plot neighbouring the Hollystown golf club, a 30-acre development site in Swords and a housing estate in Hollystown.

Declan Taite and Sean Kelly of RSM Farrell Grant Sparks were appointed joint receivers and managers to Garbo Developments, Hollystown Development and Shepton Holdings.

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