Ronan to fight ‘unthinkable’ sale of prize property assets
The chief executive of the developer’s real estate group has said the company is meeting interest payments in full and finalising a funding package to repay its creditor M&G Investments
Johnny Ronan has vowed to fight the sale of prize assets in his property empire after receivers moved to list them last week, the chief executive of his real estate group has said.
Rory Williams of Ronan Group Real Estate (RGRE) said it was “unthinkable” that the properties would be sold off by receivers appointed by M&G Investments, its creditor for a debt of €142 million.
It is understood the five properties include the flagship ...