Three weeks for Ronan to cut a deal with US investment firm

The colourful developer is at loggerheads with Fortress Investment Group over three planned Dublin developments, including a proposed 1,000-unit highrise

26th December, 2021
Three weeks for Ronan to cut a deal with US investment firm
Johnny Ronan: his Ronan Group Real Estate signed an agreement last month to resolve the injunctions. Picture: Tony Gavin

A deal between Johnny Ronan’s real estate group and a US-based investment management firm must be reached in the next three weeks or else a pending lawsuit will proceed, the High Court has heard.

Ronan Group Real Estate (RGRE) said it had agreed a further standstill period so that talks with Fortress Investment Group could continue. It told the High Court that “somewhat disappointingly”, no broad resolution had yet been agreed.

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