Asset management firm Apollo Global Management has appointed a receiver over six shopping centres owned by the property developer Pat Doherty, a move that will pave the way for the sale of the retail portfolio. Apollo, through a Luxembourg company called EPF Acquisition Co 65 SARL, has appointed Shane McCarthy and Cormac O’Connor as joint receivers over the assets of Lindat, a company controlled by Doherty’s Harcourt Development Group. Lindat’s portfolio stretches to shopping centres in counties Dublin, Donegal, Galway, Laois, Limerick and Louth, including the Parkway shopping centre in Limerick, the Laois shopping centre in Portlaoise and the Galway…
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