Friday 31 October 2014

Developer's shock at son's sudden death

Published 08/07/2013 | 05:00

Gerry Gannon

DUBLIN developer Gerry Gannon said that he is devastated at the death of his only son.

Peter Gannon (31) passed away at his home in Dublin on Saturday.

Gerry and his wife Margaret said that they are “heartbroken” of the death of their only son.

It is the second tragedy for the family - their daughter Emma (6) died over three decades ago.

“Peter was a wonderful son and brother who brought great joy into our lives,” they told the Herald in a statement.

“We are devastated by his loss.”

“We are appealing to the media for privacy to allow us to grieve our Peter with the dignity he deserves,” they added.

Mr Gannon has three surviving daughters - Julie, Amy and Sarah.

Property developer Gerry Gannon is recognisable as 'the man in the hat' and made a fortune in boom times.

He borrowed heavily from Irish Nationwide and purchased the K Club with Michael Smurfit in 2005.

He was also behind a huge number of developments in Dublin as well as building up a portfolio of properties in Britain.

Loans from his property companies have since been transferred to state-controlled debt agency NAMA.

Two years ago, one of his properties in north county Dublin was torched by thugs.

Historic Newton House, in Swords, Dublin, was the latest casualty in a string of attacks seemingly targeting the developer.

The fire at Newton House followed a similar attack in Knockdromin House, in Rush, in July.

And a third building owned by Mr Gannon, in Belcamp College, Balgriffin, was also gutted by a fire in April -- bringing total costs to an estimated €5m.

Mr Gannon offered an award of €5,000 for anyone with information about the attacks.

Irish Independent

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