Friday 18 August 2017

One of first big property developers to refinance his way out of Nama, Ronan (62) is now rebuilding his empire. The Carrick on Suir, Co Tipperary-born builder was one of the best known developers of the boom, with his Treasury Holdings building Central Park and the National Convention centre.

A move to diversify out of Ireland before the crash with the Battersea power station imploded with Treasury hitting the wall, leading to all kinds of recrimination. His Ronan Property Group had assets of €850m and debts of €330m in 2008, according to his statement to the banking enquiry. Valuations tumbled considerably. Ronan has been busy, inking deals for major redevelopments in Dublin 4.

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