Sunday 26 March 2017

Jewels of the empire taken over by NAMA

MAEVE DINEEN

A RAFT of properties owned by Sean Dunne were taken over by NAMA last night.





Mr Dunne's company, DCD Builders Ltd, owes NAMA €350m and NAMA now intends to get some of this money back by either renting or selling his properties.



The properties include:



-Hume House, Ballsbridge. Eight-storey office block adjacent to Dunne's D4 Hotels. Current occupiers include Bank of Ireland and AIB.



-Hollybrook, Brighton Road, Foxrock. On one of the most prestigious roads on Dublin's southside. Other premises owned by Mr Dunne and being taken over by NAMA include a property near what was earmarked as Anglo’s new headquarters in Dublin’s Docklands, properties in Sandymount, Dublin 4; and Rathfarnham, Dublin 14.





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