Business Irish

Saturday 25 November 2017

Harry Crosbie’s Point and Grand Canal Theatre seized by Nama

Harry Crosbie
Harry Crosbie
Point Village is one of the properties seized by Nama
Donal O'Donovan

By Donal O'Donovan

THE jewels in businessman and showbiz impresario Harry Crosbie’s property empire have been seized by Nama.

National Asset Management Agency (NAMA) has appointed receivers to take control of the Grand Canal Theatre and the Point Village in Dublin.

Accountants Steve Tennant and Paul McCann of Grant Thornton have been appointed as receivers over the high profile assets and a number of other properties over unpaid property loans.

Liquidators already control Harry Crosbie’s nearby €4bn joint venture in Spencer Dock that he was developing with Treasury Holdings chiefs Richard Barrett and Johnny Ronan and that was put into liquidation along with the rest if the Treasury Group last year.

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