independent

Saturday 30 August 2014

Anti-NAMA posters mysteriously appear

Simon Brouder

Published 22/01/2014 | 05:36

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“Say no to NAMA setting up a management company for your estate” - this poster was pictured inside Fairway Heights estate in Tralee.

MYSTERIOUS anti NAMA posters have appeared in a Tralee housing estate.

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In the last week a number of posters, bearing anti NAMA slogans, have been erected on trees and lamp posts in the Fairway Heights Estate on Spa Road.

The signs, which read "Say no to NAMA setting up a management company in your estate," have been greeted with confusion locally with a number of residents telling The Kerryman they have no idea who erected them.

The signs may refer to a number of properties in the estate which are currently being sold by NAMA.

Cloonbeg Developments the Tralee based company that built the estate was placed in receivership by NAMA in 2011. Since then an undisclosed number of previously unsold residential units in the estate have been put on the market by the agency. These properties are currently being sold by the receivers KPMG on behalf of NAMA.

The directors of Cloonbeg Developments were Castlemaine native John Cahillane and his wife Kathleen who are now understood to be living in the UK.

Kerryman

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