Vulture calls in receiver in Kenny’s hometown

Promontoria Arrow swoops on property belonging to Castlebar's biggest construction company

Enda Kenny at a recent visit to McHale Park in Mayo where Mountainview Securities carried out the redevelopment

A vulture fund has swooped on property owned by the biggest construction company in Taoiseach Enda Kenny’s hometown of Castlebar.

Mountainview Securities carried out the redevelopment of McHale Park – the spiritual home of Mayo GAA, as well as the Tesco supermarket, local apartments and several upgrades to Mayo General Hospital.

Its loans were transferred from Bank of Ireland to Nama in 2011 but were subsequently sold off to Promontoria Arrow, a subsidiary ...