US firms interested in seized Kilternan Hotel development

Two US investment groups have expressed an interest in buying the Kilternan Hotel and Country Club, which Irish Nationwide seized from developer Hugh O’Regan last year.

24th April, 2010

Two US investment groups have expressed an interest in buying the Kilternan Hotel and Country Club, which Irish Nationwide seized from developer Hugh O’Regan last year.

The two groups have inspected the 330-acre site over the past two weeks and have requested information from David Hughes, the receiver to the Kilternan development.

One of the groups is believed to be a Texas-based investment fund with significant interests in luxury properties.

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