Dundrum Centre to appoint KPMG over Ilac stakes

Hammerson and joint venture partner Allianz last week secured ownership of shopping centre

17th July, 2016
Dundrum Town Centre

Hammerson, which co-owns the Dundrum Town Centre in Dublin, has moved to appoint KPMG as receiver over developer Joe O’Reilly’s stakes in the Ilac Centre in the north inner city and the Pavilions Shopping Centre in Swords.

Hammerson and its joint venture partner Allianz last week secured ownership of Dundrum. The firm is now moving to take control of other assets in the €1.85 billion Project Jewel portfolio of loans attached...

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