Examiner of Wicklow resort seeking investors

12th March, 2017
The Wicklow hotel Avon Ri

The owner of Avon Ri, the Co Wicklow hotel, resort and adventure centre, has petitioned the High Court for examinership, with €1 million in debt.

Separately, Quanta Capital, a US wealth-backed investor with its sights on Ireland, recently acquired the freehold lease there when it bought up debt owned by Deutsche Bank in January. It is supporting the examinership move.

A petition was made for Blessington Lakeshore Resorts Ltd, the Avon Ri trading company to...

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