Five funds vie for Project Maeve loan book
The bidding war for debt attached to the G Hotel and other properties of Galway developer Gerry Barrett has begun.
Five funds are believed to have submitted bids for the loan book, called Project Maeve, including New York fund Marathon and hotel investor Starwood.
Earlier in the process, Goldman Sachs – which bought debt attached to the Dublin Radisson Blu hotel – had shown interest in the book, but it is not known whether it has bid.
Subscribe from just 1€
Choose the subscription that is right for you
For the first month
€19.99 Monthly ThereafterSubscribe today
For the first year
€199.99 annually thereafterSubscribe today
For the first 90 days
€55.00 quarterly ThereafterSubscribe today
These offers are not available for current subscribers. Offers and pricing are subject to change without notice.
Terms & Conditions Apply